Note: The job is a remote job and is open to candidates in USA. Wealth Enhancement is an independent wealth management firm dedicated to enriching the lives of clients through personalized financial planning. The Advisor Compensation Analyst will play a crucial role in administering and analyzing variable compensation for financial advisors, ensuring accurate payments and supporting the firm's growth through effective integration of new advisor teams.
Responsibilities
- Gather variable compensation requirements and process semi-monthly compensation cycles for financial advisors
- Analyze and update critical pre-processing Salesforce dashboard reports
- Conduct pay period compensation review by payee
- Maintain and update the compensation system, ensuring all new user financial agreements are accurately entered
- Review, code, design, and test system configurations to enable accurate variable compensation calculations
- Develop enhanced reporting, archival processes, and preprocessing dashboards
- Assist in variable compensated advisor review and setup
- Assist in diligence review and integration planning related to contracts, solicitor agreements, and employment agreements
- Attend integration meetings and communicate relevant details across accounting teams
- Coordinate with internal teams to help advisors plan for team compensation changes
- Communicate directly with financial advisors to resolve compensation questions
- Analyze compensation issues and recommend process or system designs to meet advisor expectations
- Assist teams with compensation-related inquiries and coordinate follow-up actions
- Demonstrated ability to effectively use AI tools and technologies in daily work tasks
- Requirements include understanding how to craft effective prompts, evaluate AI-generated content for accuracy and appropriateness, and integrate AI tools to enhance productivity while maintaining quality standards
- Comfort with learning new AI applications and understanding their appropriate use cases and limitations
- As AI technology evolves, continued learning and adaptation to new AI tools and methodologies will be expected
Skills
- Bachelor's degree or equivalent experience in accounting, business, or a related field demonstrated through one or a combination of the following: work experience, training, military experience, education
- Minimum of 2 years of business experience
- Proficiency in Microsoft Office Suite
- AI literacy, including the ability to utilize and adapt to AI tools and technologies as part of daily work tasks
- Strong interpersonal and communication skills across all organizational levels
- Experience communicating sensitive information
- Superior attention to detail and problem-solving skills
- Strong time management and organizational abilities
- Experience in accounting, audit, or compensation processing preferred
Benefits
- Training and professional development
- Medical, dental and vision coverage (Available to full-time employees and their families)
- Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
- Life and AD&D insurance – employer paid and voluntary options
- Short-term and long-term disability, workers compensation – employer paid
- 401k with match and profit sharing
- Wellness programs and resources
- Voluntary benefits, including pet insurance
- 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
- 12 paid holidays each year (10 pre-determined and 2 floating days)
- Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
- Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)
Company Overview