About the Company
Magnit is a global leader in Integrated Workforce Management (IWM), delivering innovative workforce solutions that help organizations optimize contingent labor, talent strategies, and workforce operations. For more than 30 years, Magnit has combined advanced technology, workforce intelligence, and industry expertise to support some of the world's leading organizations.
The company fosters a collaborative, innovative, and growth-oriented culture where employees are empowered to make a meaningful impact.
About the Role
The Financial Variable Compensation Analyst is a key member of the Global Financial Planning & Analysis (FP&A) team, responsible for supporting variable compensation analysis, financial forecasting, budgeting, reporting, and business planning activities.
This role partners with Finance and cross-functional business leaders to deliver accurate financial insights, improve forecasting accuracy, develop financial models, and drive continuous process improvements through automation and analytics.
Location: Remote (United States)
Key Responsibilities
Financial Planning & Analysis
- Support monthly, quarterly, and annual Financial Planning & Analysis (FP&A) activities.
- Assist with budgeting, forecasting, and long-range financial planning.
- Analyze financial performance and provide insights to support business decisions.
- Monitor financial trends and recommend opportunities for operational improvements.
- Support strategic finance initiatives and special projects.
Variable Compensation Analysis
- Execute monthly and quarterly variable compensation calculations and analysis.
- Validate compensation data to ensure accuracy and compliance with established policies.
- Analyze sales commissions and variable compensation trends.
- Support compensation forecasting and planning activities.
- Identify opportunities to improve compensation reporting and calculation processes.
Budgeting & Forecasting
- Support vendor and non-labor expense budgeting and forecasting.
- Perform variance analysis against budgets and forecasts.
- Partner with business leaders to improve forecast accuracy and spending visibility.
- Monitor financial performance against organizational objectives.
- Develop forecasting models that support strategic decision-making.
Financial Reporting & Analytics
- Prepare recurring financial reports, dashboards, and management presentations.
- Develop ad hoc financial analyses to support leadership decisions.
- Build and maintain reporting dashboards using Power BI.
- Develop planning models within Anaplan.
- Analyze financial data and communicate meaningful business insights.
Data Analysis & Financial Modeling
- Build and maintain financial models supporting budgeting and forecasting.
- Analyze large datasets to identify trends, risks, and business opportunities.
- Ensure financial data integrity across reports and planning models.
- Support data-driven decision-making through advanced financial analysis.
- Perform scenario analysis and business performance evaluations.
Process Improvement & Automation
- Identify opportunities to automate financial reporting and analytical processes.
- Recommend process improvements that enhance efficiency and reporting accuracy.
- Support implementation of automation initiatives within Finance.
- Improve financial planning workflows and reporting methodologies.
- Promote continuous improvement across FP&A operations.
Cross-Functional Collaboration
- Partner with Finance, Accounting, and business leaders to support organizational planning.
- Collaborate with stakeholders to improve reporting quality and financial visibility.
- Support monthly close activities and financial reporting cycles.
- Assist with annual planning initiatives and enterprise financial projects.
- Build strong working relationships across multiple business functions.
Qualifications
Required
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Three to five years of experience in Financial Planning & Analysis (FP&A), financial analysis, or accounting.
- Strong knowledge of budgeting, forecasting, financial reporting, and variance analysis.
- Advanced Microsoft Excel skills.
- Strong analytical, quantitative, and problem-solving abilities.
- Excellent written, verbal, and interpersonal communication skills.
- Experience working with large financial datasets.
- Ability to manage multiple priorities in a fast-paced environment.
Preferred
- Experience with variable compensation or sales commission analysis.
- Experience forecasting vendor and non-labor expenses.
- Experience developing financial models and executive dashboards.
- Experience with Anaplan planning software.
- Experience using Power BI for reporting and visualization.
- Experience working with ERP systems.
- Experience supporting financial process automation and continuous improvement initiatives.
Benefits
- Competitive compensation package.
- Unlimited Paid Time Off (PTO).
- Medical insurance.
- Dental insurance.
- Vision insurance.
- Retirement savings plan.
- Employee discounts and perks.
- Charitable contribution matching program.
- Corporate volunteer opportunities.
- Professional development and career growth opportunities.
- Remote work environment.
Ideal Candidate
This opportunity is ideal for professionals who
- Have strong expertise in Financial Planning & Analysis and financial reporting.
- Enjoy working with large datasets to generate meaningful business insights.
- Thrive in collaborative environments partnering with Finance and business leaders.
- Possess advanced analytical, forecasting, and financial modeling skills.
- Are passionate about process automation and continuous improvement.
- Want to contribute to strategic financial decision-making within a high-growth, technology-driven organization.
Equal Opportunity Employer
Magnit is an Equal Opportunity Employer committed to fostering a diverse, inclusive, and equitable workplace. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other characteristic protected by applicable law.
