Sherwin-Williams · 4 hours ago
Compensation Analyst
Cleveland, OH
Full-time
Onsite
Mid Level
$82K/yr - $104K/yr
3+ years expSherwin-Williams is a leading company focused on inspiring and improving the world through innovative paints and coatings. They are seeking a Compensation Analyst to support finance and global compensation teams in administering variable pay programs, ensuring accurate incentive payouts, and managing the Varicent system for compensation plans.
ChemicalManufacturingSales
Responsibilities
Ensure timely and accurate incentive payouts for payees within the Varicent system, including quarterly payout checklists, manual calculations, auditing, and responding to complex inquiries escalated from Compensation Specialists
Serve as the primary liaison with Finance for territory budgeting, overseeing initial proposed budget setup each Q1 and collaborating with Enterprise and Division Finance teams to ensure ongoing accuracy of budget and actual data through system uploads, table updates, and necessary budget adjustments
Act as the main point of contact for inquiries related to assigned Incentive Plans
Generate and communicate payout files for US Quarterly/Annual Plans
Lead Varicent system management activities, such as, new year configurations and new plan implementations
Responsible for calculating, obtaining approvals for, and processing manual payout adjustments in alignment with compensation policies and timelines
Oversee administrative processes including exception resolution, budget modifications, and manual data uploads using Excel to ensure accuracy and efficiency in compensation operations
Develops and maintains Standard Operating Procedures (SOPs) to support operational efficiency and knowledge transfer
Lead tasks related to the implementation of new compensation plans and modifications to existing plans within the Varicent system
Facilitate requirement-gathering sessions with stakeholders to define business needs and plan objectives
Build and update compensation plans in Varicent, ensuring alignment with organizational goals and compliance standards
Develop and execute comprehensive testing strategies to validate plan functionality and accuracy
Ensure all necessary data elements are present and properly integrated to support plan execution
Ensure new plans and plan changes function in Varicent and meet the users needs
Document standard operating procedures (SOPs) for all new and updated plan processes to ensure consistency and knowledge transfer
Develop new methods and systems to enhance functions
Proactively troubleshoot potential issues and recommend solutions
Deliver Varicent system training and onboarding support to new users, ensuring effective adoption and utilization
Conduct job grade evaluations, market benchmarking, and organizational structure analysis
Provide analytical support for ad hoc projects and initiatives
Qualification
Required
Bachelor's degree in Accounting, Finance, Human Resources, or General Business
3+ years of Accounting/Finance/Human Resources OR 2+ years as a Compensation Professional
Analytical skills and ability to comprehend incentive plan logic and Varicent logic
Communication skills ability to clearly communicate to key employees (Sales Management, Finance, VPs of HR) both verbally and written
Knowledge of MS Excel formulas (LOOKUP's, Pivot Tables) for analysis and reporting
Ability to meet time sensitive deadlines as well as ad-hoc requests
Exceptional Customer Service skills
Exceptional attention to detail and accuracy
Adaptability to change
Desire and ability to make improvement
Preferred
CCP Certified Compensation Professional
Compensation Experience in a professional setting
Exposure to Varicent Incentive Plan System
Benefits
Life … with rewards, benefits and the flexibility to enhance your health and well-being
Career … with opportunities to learn, develop new skills and grow your contribution
Connection … with an inclusive team and commitment to our own and broader communities
A wide range of world-class benefits designed for you
From retirement to health care, from total well-being to your daily commute—it matters to us.
Company
Sherwin-Williams
Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products.
10001+ employees
H1B Sponsorship
Sherwin-Williams has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (86)
2024 (84)
2023 (69)
2022 (76)
2021 (72)
2020 (78)
Funding
Current Stage
Public CompanyTotal Funding
unknown1964-02-11IPO
Leadership Team
Heidi Petz
Chief Executive Officer
Recent News
The Motley Fool
2025-12-21
2025-12-05
UPSTATE BUSINESS JOURNAL
2025-11-12
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