Advisor Compensation Analyst

Summary

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

Qualifications

Must Haves

• 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

Nice to Haves

• 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)