Who We Are
Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.
About the Role
The Variable Compensation Analyst is a key member of the Finance team responsible for supporting the administration, calculation, reporting, and analysis of the organization's variable compensation programs. This role partners closely with Sales, Business Development, and Finance leadership to ensure accurate and timely incentive compensation processing, provide actionable business insights, and support strategic initiatives.
The analyst will play an important role in maintaining compensation plans, performing data analysis, supporting compensation program enhancements, and assisting with business development activities, including market surveys and client RFI/RFP responses. This position is ideal for a detail-oriented and analytical professional who thrives in a fast-paced, collaborative environment.
Location
US Based- Remote
Ideally working PST/ MST hours or located in Dallas, TX
What You Will Do
Execute recurring variable compensation calculations and ensure the accuracy of incentive payments in accordance with established compensation plans.
Maintain documentation and tracking of variable compensation plans, metrics, and payout structures across multiple business units.
Analyze compensation data to identify trends, variances, anomalies, and opportunities for process improvements.
Prepare reports and provide insights related to compensation performance, earnings, and plan effectiveness.
Respond to compensation-related inquiries from internal stakeholders and provide ongoing support regarding plan administration and calculations.
Collaborate with Sales, Operations, Finance, and other business partners to ensure accurate compensation reporting and data integrity.
Support the implementation, testing, deployment, and continuous improvement of variable compensation processes and systems.
Assist with the completion of industry and market surveys, including the collection, validation, and analysis of operational and financial data.
Partner with Marketing and Finance leadership to compile and review survey results that support business planning and market benchmarking efforts.
Work closely with Sales and Business Development teams to complete pricing and financial components of Requests for Information (RFIs) and Requests for Proposals (RFPs).
Identify opportunities to improve reporting efficiency, strengthen internal controls, and enhance the scalability of compensation processes.
What You Will Need
Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related field.
Three (3) or more years of experience in variable compensation, financial analysis, accounting, sales operations, or a related analytical role.
Experience supporting incentive compensation or commission programs in a professional environment.
Strong analytical and problem-solving skills with the ability to interpret and work with large datasets.
Advanced proficiency in Microsoft Excel, including experience working in high-volume data environments.
Excellent written, verbal, and interpersonal communication skills.
Ability to manage multiple priorities, meet deadlines, and work effectively in a collaborative team environment.
Strong attention to detail and commitment to data accuracy.
Preferred Qualifications
Experience with sales compensation, commissions administration, or incentive compensation management programs.
Familiarity with CRM, ERP, or compensation management systems.
Experience with financial reporting, business analytics, or data visualization tools.
Demonstrated ability to identify process improvements and support cross-functional business initiatives.
Compensation: Salary range is $75,000-$85,000 USD annually
Salary rates are based on experience, skills, and geographical location
What Magnit will Offer You
At Magnit,you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!
Magnit will offer you a competitive benefits package, including unlimited PTO, medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!
If this role isn’t for you
Stay in touch, we will let you know when we have new positions on the team. To see a complete list of our open career opportunities please visit
https://magnitglobal.com/us/en/company/careers.html
To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.
As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
By applying to this role, you consent to Magnit safely storing and managing your personal data. Please read this link to learn more.
https://magnitglobal.com/us/en/privacy-notice.html