Senior Analyst - Compensation

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238

CarMax, the way your career should be!
About this job

We are currently seeking a Senior Compensation Analyst to join our growing team of rewards innovators. In this role you will consult with business and HR leaders to help guide pay decisions in a fast paced, diverse company. This position will lead and/or provide oversight to all types of compensation processes and projects, to include Merit, Annual Bonus, and Stock Administration, short-term incentive administration, and organizational structure changes. Do you love problem solving with various stakeholders in a growing company? Do you enjoy digging into data to find insights and presenting those findings with business partners? Do you enjoy knowing your work has a meaningful impact on people's livelihood? If so, Compensation is a great HR discipline for you! You will partner with other HR functions to champion the culture, attract the most innovative people, and develop approaches to grow and keep them at CarMax.

What you will do - Essential Responsibilities

Analyze market data and internal data to make recommendations on pay strategy with business and HR leaders. Use data and metrics to determine program success and to drive improvements in all elements of compensation. Provide data-driven insights to business leaders on how pay works and how to maximize its effectiveness in their organizations. Lead core processes like annual merit, bonus, and stock award administration and short-term incentive administration. Partner with key stakeholders to drive completion of compensation projects. Partner with HRIS and other technology teams to support thoughtful configuration and execution of compensation programs. Provide day to day technical direction to more junior Compensation Associates. Ensure compliance of all compensation programs with federal, state, and local regulations. Complete other related duties, analysis and projects as assigned.

Purpose of the role

At CarMax, we strive to deliver an iconic experience everywhere, every time. Within the Compensation Department, we operate as part of a larger Total Rewards Department to consult with business and HR leaders on compensation principles, provide insights through analysis of complex data sets, and administer compensation programs that collectively impact every Associate at CarMax. As a member of this team, you will use your leadership skills, your analytical capabilities, and your influence to drive meaningful results for our Associates and our company.

Qualifications and Requirements

• Proven communication skills to advise and counsel effectively (written and verbal) with all levels of Associates
• Project management skills to manage multi-department projects or processes.
• Demonstrated analysis background required to collect, interpret, and analyze large data sets
• Ability to evaluate complex problems through root cause analysis and construct long-term solutions.
• Ability to establish schedules or timelines to achieve company expectations.
• Team player who can teach/coach others on how to complete tasks and processes.

Education and/or Experience :

• Undergraduate degree or equivalent experience with a preference for business, economics, or other quantitative majors
• At least three years of work experience in a corporate setting, with experience in Compensation
• Intermediate MS Excel or similar spreadsheet software skills
• Intermediate MS PowerPoint skills
• Prior experience working in Workday or similar HRIS system
• Prior experience in some form of internal or external consulting (preferred)
• Prior experience managing multi-department projects or processes (preferred)
• CCP certification (preferred)

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation's largest retailer of used cars, with over 200 locations nationwide.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

Our Commitment to Diversity and Inclusion :

CarMax is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe, welcoming, and inclusive work environment.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, gender expression, genetic information, national origin, protected veteran status, disability status, and any other characteristics protected by law.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.