Senior Compensation & Payroll Analyst

General Information

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City Oak Brook State/Province Illinois Country United States Department COMPENSATION & BENEFITS Date Tuesday, August 5, 2025 Working time Full-time Ref# 20036256 Job Level Specialist Job Type Experienced Job Field COMPENSATION & BENEFITS Seniority Level Associate Currency USD - United States - US Annual Base Salary Minimum 67,380 Annual Base Salary Maximum 134,760 The salary range above represents the low and high end in the local currency of Xerox’s salary range for this position and is reflected in an annualized amount. Actual salaries will vary based on factors including, but not limited to, geographic location, market competition, and/or the successful applicant’s education, experience, knowledge, skills, and abilities. The range listed is just one component of Xerox’s total compensation package for employees. Employees are also afforded a comprehensive suite of benefits, to view those details please visit Xerox Careers for your applicable country. If you are not reviewing this job posting on Xerox Careers, we cannot guarantee the validity of this posting. For a list of our current internal postings, please visit Xerox Careers.

Description & Requirements

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About Xerox Holdings Corporation
For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more about us at www.xerox.com.

We are seeking a highly analytical and detail-oriented HR professional to join our team as a Senior Analyst, Payroll & Compensation Analysis. This role plays a critical part in managing the calculation, administration, and auditing of incentive compensation plans within a complex, multi-divisional organization. The ideal candidate will combine strong compensation expertise with financial analysis skills, ensuring accuracy in payroll and incentive processing while aligning compensation strategies with broader business goals. 

This role requires close partnership with Finance, Payroll, and HR teams to deliver accurate, timely results while driving process improvements and enabling data-driven decision-making. 

Key Responsibilities

Compensation & Incentives

• Administer, calculate, and process monthly, quarterly, and annual variable incentive compensation plans with a high degree of accuracy. 
• Conduct in-depth analysis of performance and business results to inform bonus allocations and incentive plan outcomes. 
• Partner with Finance and business leaders to deliver insights on compensation investments, variances, and opportunities for optimization. 
• Collaborate with global compensation teams and divisional CFOs to ensure alignment with best practices, compliance standards, and strategic objectives. 
• Create clear and compelling communications and training materials to explain incentive structures to leaders and employees. 

Commission Processing & Audit 

• Accurately process commissions based on established plans, policies, and performance data. 
• Reconcile commission payments, audit data integrity across systems, and resolve discrepancies promptly. 
• Maintain comprehensive commission documentation and ensure readiness for audits and compliance reviews. 
• Partner with Finance to align on variable compensation accruals and quarterly projections. 

Payroll & Accounting

• Prepare and validate payroll journal entries, ensuring proper recording and reconciliation of payroll registers. 
• Identify discrepancies and analyze root causes in payroll data across multiple pay periods. 
• Partner with Accounting and Finance teams to validate payroll against budget trends and forecasts. 
• Support internal audits and conduct benefits-related payroll analysis. 

Data, Analytics & Process Improvement 

• Provide analytical support for ad hoc projects, including compensation trends, projections, and financial modeling. 
• Leverage reporting tools and dashboards to monitor compensation and payroll metrics, identifying opportunities for efficiency. 
• Design and implement process improvements to streamline workflows, reduce manual effort, and improve accuracy. 
• Stay current with industry trends and best practices to inform compensation and payroll strategies. 

Qualifications 

• Bachelor’s degree in Finance, Accounting, Human Resources, Business Administration, or a related field (advanced degree or CCP certification a plus). 
• 3–5+ years of experience in compensation analysis, financial analysis, or payroll operations. 
• Strong financial and analytical skills, with proven ability to review variances, reconcile data, and translate findings into actionable insights. 
• Experience supporting global compensation projects or cross-functional initiatives. 

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