Boston Consulting Group

PSG Compensation Analyst

Posted on: 24 Feb 2021

Boston, MA

Job Description

WHAT YOU'LL DO

Youll work on a team that provides a wide range of services to our Managing Directors & Partners (MDPs) and, in particular, manages our MDP compensation and equity programs, including overseeing the annual MDP evaluation process and reporting cycle. In addition, the group supports a number of MDP life cycle events (e.g., lateral hiring, promotions, departures, and transfers).

In this position, you will develop a deep understanding of the MDP compensation programs and work closely with other PSG teams and Finance functions including Tax, Treasury and Global Accounting. The work is challenging, very visible and requires strong analytical, organizational and problem solving skills.

The Compensation Analyst role will support a range of operational processes on the PSG Compensation team by assisting in the preparation, communication, and compliance functions for various MDP deliverables
including:

* Preparing and maintaining the MDP compensation models including MDP salary, bonuses, and deferred compensation calculations
* Preparing annual MDP statements and communications detailing the MDPs earned awards and timing of payments
* Preparing, authorizing, and tracking of MDP compensation payments
* Review of Profit-Sharing Retirement Fund (PSRF) calculations from local finance teams; providing feedback based on eligibility rules/knowledge of local programs
* Performing analysis with current or historical compensation data for recurring operational processes
* Engaging with the PSG Systems team to continuously support and adapt our systems to the evolution of our models; suggest changes, provide requirements, perform UAT in areas of subject matter expertise
* Documenting processes and procedures as well as building your digital knowledge to create and implement digital solutions that improve operational processes and controls
* Collaborating with team members in PSG and the wider global finance organization on other projects as necessary

YOU'RE GOOD AT

You are detail-oriented, rigorous about accuracy and take a critical eye toward the comprehensive process and completeness of work. You are organized, appreciate the importance of strong policies and procedures to maintain trust in the process and have sound judgment in navigating exceptions. You develop collaborative working relationships with those you interact with and ask questions to clarify your understanding. You seek to provide a high level of professional customer service and have excellent communication skills. Your curiosity leads you to exploring options and solving problems in a collaborative way.

Growing an understanding of the operation and function of PSG to navigate and suggest efficiencies is critical for success in the role. Critical thinking skills are key to navigate the most efficient ways to organize a process and collect data required to complete various responsibilities. Growth in the role will be measured by the synergies developed in performing the various processes and improvements you help to implement, including finding new or better ways to use existing tools.

You bring a positive attitude, are enthusiastic about bringing the team together and building relationships with others. You adapt to feedback and look to make improvements and add value for your customers.

YOU BRING (EXPERIENCE & QUALIFICATIONS)

* Bachelor's Degree in Finance or related field
* 2-5+ years of experience in a related field, such as accounting/audit, compensation, financial operations
* Strong problem-solving and analytical skills
* Excellent organizational, communication and interpersonal skills; able to communicate
* confidently and professionally with senior management, particularly those in finance
* Skilled in MS office applications Outlook, Word, Excel, PowerPoint
* Experience with digital tools such as Alteryx and Tableau preferred
* Familiarity with Trello, Slack, SalesForce, AdobeSign, PegaSystems (or other workflow management tools) is a plus
* Flexible and adaptable to rapidly changing priorities and ability to stay focused
* High level of confidentiality and discretion in handling of personal data
* Proactive self-starter with critical thinking skills and creativity to solve problems
* Ability to work independently on multiple, simultaneous assignments with minimal supervision

YOU'LL WORK WITH

PSG is the function responsible for the leadership and operation of all aspects of evaluation, compensation, equity and HR for our MDP cohort. The PSG team is within the Global Services function. Global Services (GS) consists of a varied range of functions providing corporate support of BCG's business and strategic priorities for example, Finance, Legal, HR, Marketing, IT, Risk, PSG and more. This diverse team of experts, operators and specialists represent all levels from MDP to entry level staff, operating across the globe in multiple countries. The role will be part of the PSG Compensation/Operations team and will work closely with the PSG Equity team and other sub-functions within PSG

Boston Consulting Group

Boston, MA

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. 

To succeed, organizations must blend digital and human capabilities. BCG’s diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change through leading-edge management consulting as well as data science, technology and design, digital ventures, and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization to deliver results that help our clients thrive.

Whether you want to advance an idea, a capability, or the world at large, BCG is with you every step of the way. We excel in the business of human potential, and believe in its power to shape strategic, organizational, economic, societal change, and beyond.

Our consulting model is holistic and unique. Operating across industries and geographies as one integrated, multifunctional team, we bring customized solutions and the best of BCG to each client. Today, as a top consulting firm, we help clients with total transformation—driving complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises.