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Senior Compensation Analyst

ABOUT ADVANCED ENERGY

Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.

POSITION SUMMARY:

The Senior Compensation Analyst – North America & Europe is a senior-level professional who is responsible for day-to-day management and client-facing support of the company’s global compensation programs. The ideal candidate will demonstrate a high-level of professionalism, possess the ability to work well in a fast-paced environment, have the flexibility to easily adapt to changing priorities and engage in new opportunities to learn. This role will report directly to the Senior Director, Compensation & Benefits and partner closely with other Human Resources (HR) team members on compensation and HR data needs in the organization.

RESPONSIBILITIES:

+ Serve as a centralized resource for compensation information, reporting, planning, analysis, and advice in support of the global HR team.

+ Support the day-to-day compensation needs of the North America and Europe regions.

+ Participate in and lead projects to develop, implement, and monitor compensation programs including pay-for-performance, pay equity, salary structure creation and modeling, complex costing scenarios, incentive plans, etc.

+ Incorporate multiple survey sources to develop competitive benchmarking analysis and independently match and evaluate jobs based on market data.

+ Work with HR Business Partners to review job content and prepare job descriptions reflecting job responsibilities, activities, duties, and requirements, serving as the global expert that ensures alignment of jobs across the organization.

+ Review proposed salary adjustments for alignment with the company’s established compensation guidelines, policies, and practices. Make recommendations on how to resolve business situations that are beyond guidelines.

+ Recommend corrective or alternative actions to resolve compensation-related issues.

+ Responsible for annual global salary survey submissions to third-party compensation benchmarking survey providers.

+ Lead the global annual merit / salary planning process and short-term incentive calculations including system configuration and testing, data manipulation and audit, coordination with payroll, and development and distribution of individual employee communication. Prepare roll-up summary reporting for these programs.

+ Participate in and lead various global HR compensation related projects, such as global job title alignment and global salary grade development.

+ Conduct periodic audits to ensure data and integrity.

+ Develop analysis in support of global pay programs including analysis of equal pay, FLSA practices, incentive compensation and other bonus plans, and other HR KPI metrics.

+ Serve as a compensation subject matter expert in contributing to the design of SuccessFactors compensation planning tools.

+ Partner with Finance to develop quarterly incentive accruals and other estimates.

+ Assist with ad-hoc requests and prepare analysis through Excel.

+ Partnering with Stock Plan Administrator, serve as a back-up resource on global stock plan administration and E*TRADE support.

+ Establish and maintain effective working relationships across the company especially within HR and with the HR partners, talent acquisition (recruiting) and all levels of leadership.

WORK ENVIRONMENT:

+ Location: Onsite from Corporate Headquarters in Denver, CO

+ Environment: Standard, in-person first office environment

QUALIFICATIONS:

+ Very strong excel skills with ability to develop interactive models with complex formulas.

+ Ability to obtain, verify and evaluate/interpret general and statistical information.

+ Strong decision making and analytical skills. Strong attention to detail.

+ Demonstrated ability to perform complex analysison large data sets; strong self-auditor.

+ Ability to maintain strict confidentiality.

+ Ability to prioritize and manage multiple initiatives / projects while executing efficiently.

+ Self-driven, shows initiative to identify problems and resolve them.

+ Excellent verbal and written communication skills, including presentation skills.

EXPERIENCE:

Essential:

+ Minimum 5 years of progressive experience as a compensation analyst.

+ Strong preference for experience working within an Engineering-centered organization(s).

+ Domestic (US) and International experience

Desirable:

+ Previous experience dealing with compensation in EU countries.

+ Experience with SAP and SuccessFactors is a plus.

+ Prior experience working with Radford Survey data is preferred.

EDUCATION:

Essential:

+ Bachelor's degree in Business, Finance, Accounting, or a related field.

Desirable:

+ Certified Compensation Professional (CCP) accreditation is strongly preferred.

COMPENSATION:

_As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $110,000 to $130,000 per year._

BENEFITS:

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan for eligible positions, and a discounted Employee Stock Purchase Plan.

In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:

+ Medical - multiple medical plans are available to choose from

+ Short and long-term disability and life insurance

+ Health savings and flexible spending accounts

+ Generous time off policy starting with 3 weeks of paid vacation, 7 days of paid sick time, and 12 paid holidays

+ 8 hours of paid volunteer time off

+ 8 weeks of paid parental leave for both Moms and Dads

+ Company matched 401(k)

+ Tuition reimbursement

+ Expanded mental health coverage and employee assistance programs

+ Other voluntary benefits include critical illness, accident and hospital indemnity, pet insurance, identify theft, and legal assistance

Advanced Energy is committed to diversity in its workforce including Equal Opportunity Employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and/or veteran status.

Advanced Energy is also committed to providing reasonable accommodations in our job application process/procedures for qualified individuals with disabilities. If you require assistance in completing an Advanced Energy application, please reach out to** **[email protected]

Applications will be accepted through June 15, 2025 unless the position is filled prior to this date. The company reserves the right to review applications at any point after they are submitted.