Compensation & Benefit Analyst
Carbon Health
IT
Bogotá, Bogota, Colombia · Remote
Posted on Dec 27, 2024
THE JOB AT A GLANCE
We're looking for a Compensation & Benefit Analyst to partner together with our HR teams to collaborate on compensation projects and help maintain best practices and consistent procedures. Key objectives set for this role will be to oversee all high level and detail-level matters related to the management of provider compensation, provider and practice productivity, and all related processes, procedures and policies. This position will be responsible for preparing all of the needed analyses for the growth and optimization of our Provider compensation programs.
WHAT YOU’LL DO
- Manages compensation and benefit programs by ensuring compliance, consistency, and sustainability through the maintenance of Compensation and Benefit standard operating procedures are accurately documented and maintained across all locations.
- Supports and maintains job & compensation architecture in Workday partnering closely with the People Operations team.
- Performs internal and external fair market value (“FMV”) valuation process, including benchmarks, compliance audits and policy updates.
- Completes highly analytical cost analysis related to Compensation and Benefit programs through cost models, and provides recommendations for modifications and changes.
- Manages annual, quarterly, and monthly incentive payments required by provider contracts and compensation programs.
- Processes payments and invoices by reviewing and validating compensation processes.
- Manages the communication and processing of any one-time bonuses; working closely with HR and Payroll in processing payments.
- Responsible for contract management and lifecycle for providers.
- Prepares compensation reports, including provider compensation calculation reports, on a monthly, quarterly, and annual basis; or as requested.
- Partners with Recruiting and Talent Delivery for documentation updates and maintenance.
ABOUT YOU
- 4-Year Bachelor’s Degree in Finance, Business, Accounting, or Healthcare Administration.
- Minimum 2 years of experience of managing Compensation and Benefit Programs for a healthcare setting with legal, contracting, or financial experience preferred.
- Advanced knowledge of Compensation: job architecture, job pricing, incentive plans, annual merit process, and HRIS workflows.
- Knowledge of state and federal regulatory and potential impacts related to Compensation and Benefit programs (FLSA, 409A, Stark Law, Anti-Kickback Law, ACA, LOA, etc.).
- Workday HCM experience is considered a plus.
- Advanced proficiency in Google Suite and Microsoft Office Suite Programs and specifically: Excel - pivot tables, advanced formulas, database knowledge; Word - mail merge, strong written communications skills, etc.).
- Demonstrated ability to interpret complex/advanced data issues and problem-solving abilities by providing recommendations/solutions.
- Ability to work independently while being team-oriented, and building relations while being flexible to adapt to change.
- Superior attention to detail with ability to effectively manage multiple complex projects simultaneously while remaining organized with documentation with a high level of accuracy.
- Ability to maintain confidentiality.
$6,000,000 - $8,000,000 a month