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Full-Time

Executive Compensation Manager

Posted on 6/3/2024

Procore Technologies

Procore Technologies

1,001-5,000 employees

Construction management software for project efficiency

Industrial & Manufacturing

Senior

Austin, TX, USA + 2 more

More locations: Carpinteria, CA, USA | Remote in USA

This position can be based remotely in the US or in Carpinteria or Austin.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • BA/BS preferred or equivalent experience
  • 7+ years of work experience in executive compensation or a related field
  • Strong understanding of executive compensation best practices, current compensation trends, and market benchmark data
  • Experience in a public company, particularly in the technology sector
  • Understanding of equity-based compensation vehicles
  • Strong analytical and quantitative skills
  • Experience communicating effectively across teams
  • Ability to communicate clearly and confidently with senior leaders
  • Commitment to excellent customer service, empathy, and discretion
Responsibilities
  • Develop materials and presentations for the Compensation Committee and Board meetings
  • Communicate executive compensation philosophy and programs to internal and external stakeholders
  • Conduct competitive benchmarking and market analysis
  • Ensure alignment of executive compensation with company performance and strategic objectives
  • Collaborate with HR, Finance, Legal, and external consultants
  • Prepare the executive compensation sections of the annual proxy statement
  • Monitor trends, regulatory changes, and best practices in executive compensation
  • Prepare detailed compensation analyses and present findings to senior leadership
  • Collaborate with Talent Business Partners, recruiters, managers, and business leaders on compensation matters

Procore Technologies offers construction management software that streamlines various stages of construction projects, including preconstruction and project closeout. The platform features tools for bid management, estimating, quality and safety management, and Building Information Modeling (BIM), which improve communication and visibility between field and office operations. Unlike its competitors, Procore provides a comprehensive all-in-one solution along with personalized support services tailored to clients' needs. The company's goal is to be a trusted partner for construction professionals worldwide, helping them complete projects efficiently and effectively.

Company Stage

IPO

Total Funding

$543.5M

Headquarters

Carpinteria, California

Founded

2003

Growth & Insights
Headcount

6 month growth

4%

1 year growth

2%

2 year growth

12%
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Simplify's Take

What believers are saying

  • Procore's global reach, with over 1,000,000 projects completed in 125 countries, demonstrates its strong market presence and reliability.
  • The company's strategic partnerships, such as with Goldman-Sachs for construction payments, enhance its service offerings and operational efficiency.
  • Significant investments from firms like Richelieu Gestion SA and CenterBook Partners LP indicate strong financial backing and growth potential.

What critics are saying

  • The construction management software market is highly competitive, requiring Procore to continuously innovate to maintain its market position.
  • The complexity of achieving FedRAMP authorization could delay Procore's entry into the federal market, impacting potential revenue streams.

What makes Procore Technologies unique

  • Procore's all-in-one construction management platform covers every stage of the construction lifecycle, from preconstruction to closeout, unlike competitors who may focus on specific phases.
  • The company's commitment to FedRAMP authorization sets it apart by ensuring the highest standards of security and data compliance for federal customers.
  • Procore's extensive support resources, including tailored training and a community forum, provide a personalized approach that enhances client satisfaction and platform utilization.

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