Director, Compensation & Benefits Consulting

Company:  Alvarez & Marsal Tax, LLC
Location: New York
Closing Date: 25/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

DescriptionDirector, Compensation & Benefits ConsultingThe Opportunity:A& M is a group of entrepreneurial, action and results-oriented professionals who take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A& M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A& M.We provide tax, turnaround management, restructuring, performance improvement, and corporate advisory services. Our tax practice is unique in that we offer the opportunity to work without audit conflict and truly act a trusted business advisor. We provide our teams with opportunities and support to develop and cultivate careers that are most meaningful to them and reward them based on their achievements.A& M's Compensation & Benefits practice is currently seeking a Director with key expertise in the area of Executive Compensation. The ideal candidate will work with our team of professionals to advise companies of all sizes on various compensation and benefits matters. When you join us you will gain unique experiences and valuable knowledge working across capabilities, sectors, and geographies, and have the opportunity to take control of your career progression.As a Director, you will assist clients with the design, implementation, communication, and monitoring of their compensation philosophy and strategy. The types of programs we consult on include base salary, annual incentives, long-term incentives, executive-level retirement, deferred compensation, and fringe benefit plans.Primary Responsibilities Include:Complete complex compensation and benefits projectsProvide compensation, tax, accounting, and business advice in regards to complex transactionsProvide competitive market data, quantitative/qualitative analysesHave proficiency in the taxation of executive compensation and knowledge of Code sections 83, 162(m), 280G, and 409AParticipate in multiple executive compensation engagements for a diverse client base, both in and out of the transaction settingContribute to client satisfaction by providing timely and effective responses to client needs and concernsParticipate in client meetings and work within a team environment to deliver fully integrated compensation and benefit services to clientsConduct proxy statement studies and analyses of other publicly available data sourcesBenchmark, design, and implement annual incentive plans and long-term incentive plansConduct statistical analyses of compensation dataModel financial impact of compensation plansConduct performance metrics studiesMonitor executive and other compensation trendsBenchmark, design, and implement bankruptcy compensation programs, including Key Employee Incentive Programs ("KEIPs"), Key Employee Retention Programs ("KERPs"), Management Incentive Plans ("MIPs"), severance programs, etc.Assist clients with stakeholder awareness and negotiations (e.g., board of directors, creditors committee, U.S. Trustee, etc.), as applicable.Participate in broader projects including performance management, employee benefits, retirement, healthcare, performance optimization, cash/non-cash reward and recognitionParticipate in marketing initiatives including support on developing compensation work and methodology approaches, writing and supporting proposals and conducting surveysWith this position, you will further your analytical and communication skills while adding value for our clients by helping solve their complex problemsLead client engagements on a day-to-day basis and manage staff members on various projects, including:Benchmark compensation and develop reports to support the compensation recommendationsDesign annual and long-term incentive awards while considering the tax, accounting, and other regulatory ramificationsPrepare tax calculations and various analyses/models to help clients make better informed compensation decisions and comply with the applicable rules and regulationsReview/draft technical memorandums and letters related to compensation & benefits issuesReview the calculations and work product of peers for accuracy and reasonableness, serving as a thorough reviewer of data and results (most of the work product reviewed will be in Excel and PowerPoint)Interpreting and applying laws, regulations, judicial precedent and other guidanceManage risk, resources, staffing and financial performance for multiple engagements at once including billing, collections and project budgetsIdentify key tax issues and accurately quantify the impact to in a clear, concise, and thoughtful analysisBuild client relationships and demonstrate a working knowledge of client businessesConduct day-to-day management of accounts to ensure delivery of timely and accurate work productSupervise, develop, mentor, and motivate our Associates, Senior Associates and Managers by actively participating in their advancement through on-the-job training, providing performance feedback, counseling, and fostering our team-based atmosphereManage workload and deadlines for Associates, Senior Associates, and Managers with a focus on quality, efficiency, and effectiveness of the project teamsDemonstrate commitment and desired behaviors while working with others that have diverse experiences, skills and perspectivesRegularly support business development efforts. Identify opportunities for add on work, thought leadership, new client pitches, and optimizing the compliance processQualifications:Bachelor's Degree required; advanced degree preferredOne of the following required: Juris Doctor, Masters in Tax, licensed CPA, or specialty compensation and benefits certification7 years of related work experienceStrong knowledge of executive compensation and statistical analysis, incentive plan design and analysis, and pay structure analysis and designExcellent verbal and written communication skills and ability to articulate complex information, including presenting complex topics in easily understood terms to clientsStrong analytical skillsAbility to simultaneously work on and manage several projects and effectively manage deadlinesHigh motivation to learn and growProficient in Excel, PowerPoint, and WordCompensation StatementThe salary range is $130, 000 - $140, 000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A& M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for detailsBenefits Summary:Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD& D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A& M's benefits programs.Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.#LI-NS1Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identityMinimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly

Apply Now
An error has occurred. This application may no longer respond until reloaded. Reload 🗙