IFS Hiring for Senior Rewards & Compensation Specialist at Staines-upon-Thames Full Time

IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with a commitment to delivering value to every one of our customers, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of over 4,000 employees and growing ecosystem of partners support more than 10,000 customers around the world challenge the status quo and realize their competitive advantage. Learn more about how our enterprise software solutions can help your business today at ifs.com.

At IFS you will work in a growing team of industry experts were you will test your entrepreneurial skills, personal curiosity and resilience where informal hierarchies promote simplicity and trust with responsibility. We strive to deepen our expertise by taking on stimulating and varying work assignments in a collaborative environment with committed colleagues. With professionalism and a strong customer focus in everything we do, from Product Development to Sales and Consultancy, we are proud to serve world-class customers all over the globe with our leading products.

In a matrix organisation you will be part of the Global Finance team as well as the Global HR team supporting the rollout our of new Xactly implementation. The purpose of this role is to contribute to transparency and control as well as increasing predictability and forecasting accuracy.

Job Description

This is new position for which we are seeking an experienced finance/reward professional who thrives in an end-to-end role, from detailed analysis to assisting with reward program design, someone who can analyse, create, communicate, constructively challenge & problem-solve.

Key Areas of Responsibility include:
Supporting the implementation and ongoing development of the Xactly Incentive system and new project initiatives

Subject matter expert, supporting the business to resolve queries and solve problems

Owing Data Integrity: providing high quality data analysis and translation into insights, making recommendations on next steps.

Ensures the accuracy of all inputs into the Xactly system, monitoring outputs and taking corrective and preventive action where necessary.

Oversee annual bonus budgets and monthly forecasting.

Prepare monthly reports for Local, Regional and Global stakeholders.

Define KPIs from all incentive plans and aligns with data points and formulas

Understands all commission plan structures and owns calculations for payments

Responsible for all financial outputs from the Xactly system

Provide reporting on reward management and related issues

Good knowledge of complex reward frameworks

Strong documentation and presentation skills

Able to assist business with reward related queries

Effectively engage with a diverse team in multiple geographies.

Additional areas of responsibility:
Align with Global HR team to ensure IFS compiles with in country regulations and deadlines.

Develops and implements a internal controls (including standardizing policies & procedures); regularly review the same and make recommendations for improvement.

Responsible in assuring that the internal controls in place are adequate and in compliance with all corporate governance requirements relating to rewards

Work with internal & external auditors where appropriate.

Qualifications

To be a successful your mindset will be the key factor, but to get even further we would like you to have a relevant academic certification or relevant experience in Finance.

You should also have:
Finance qualification (CIMA, ACCA or similar)

PQE experience of working with Business Operations and Sales Compensation Plans

Advanced level Excel, creating data templates and knowledge of database systems

Experience of working in software industry in global or regional role

Effective communicator – translating financial data to business leaders

People Management skills with natural coaching and influencing skills.

Fluent in English

Additional Information

We are looking for someone who is proactive, self-driven and has a pragmatic approach. We take for granted that you have strong analytic skills since that is the core of the role. To be able to succeed in this position you should have strong communication skills and are able to see the whole picture without forgetting the details.

The position is located at our Staines office and you will report to the CFO organisation with dual reporting to the CHRO.