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Full-Time

Senior Compensation Analyst

Confirmed live in the last 24 hours

Enviva

Enviva

501-1,000 employees

Produces sustainable wood pellets for energy

Energy
Social Impact

Senior

Bethesda, MD, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Human Resources Information System (HRIS)
Mergers & Acquisitions (M&A)
Requirements
  • Bachelor’s degree in Business, Finance, Human Resources Management or a related field preferred.
  • 5 years of progressive compensation experience. Functional knowledge of relevant federal and state regulations affecting compensation programs (minimum wage laws, FLSA, etc).
  • Functional knowledge of Human Capital business processes and impact of Compensation on such (HRIS, payroll, benefits, etc.)
  • Experience with HR Technologies such as HRIS systems and market pricing tools (UKG and CompAnalyst are a plus).
  • Advanced level Excel user with strong data management and analytical skills required. Ability to use functions such as v-lookup and pivot tables, charts and graphs on a daily basis.
  • Ability to work independently, prioritize activities, and self-manage work focus and time for optimal results.
  • Strong attention to details.
  • Ability to research and analyze sensitive data while maintaining objectivity and confidentiality at all times.
  • Excellent verbal and written communication, interpersonal, and organizational skills.
  • Ability to build and maintain positive and productive working relationships with team members at all levels of the organization.
  • Position occasionally requires the ability to work extended hours and weekends based on business demands (ex: active compensation cycle).
  • Ability to be flexible and apply concepts, while maintaining the integrity of the compensation strategy and process.
Responsibilities
  • Oversees development, implementation and administration of compensation programs inclusive of base pay and short-term incentive programs, pay structure administration, executive pay LTIP, compliance (minimum wage, FLSA, etc.) and reporting.
  • Partners with Talent Acquisition, HR Operations and broader Enviva teams to consult on day-to-day compensation matters.
  • Independently conducts job evaluations, handles requests on marked data research (new hire offers, promotions, etc.) and recommends appropriate compensation actions.
  • Responsible for delivery of annual merit and short-term incentive programs. Plans, implements and executes cyclical merit increases and bonus distributions, maintaining compliance with legal standards and SOX requirements, timeliness and budgets.
  • Manage the Long-Term Incentive Program including working with third party administrator, and finance on unit value, assessing award amounts, calculating and processing distributions and facilitating any LTIP award(s).
  • Strategizes and implements wholistic department job and compensation reviews, hierarchy and position latter.
  • Engages and acts as main point of contact with 3rd party vendors for compensation data, systems and services. Responsible for compensation surveys and practices & trends questionnaire submissions. Analyzes obtained results to ensure Enviva maintains competitive market positioning.
  • Prepares complex compensation analysis and reporting to identify trends and patterns in compensation practices and make recommendations for plan changes and/or improvements.
  • Consults and educates Human Capital teams regarding compensation policy, compensation projects and initiatives. Prepares Compensation communications/training materials.
  • Leads Compensation projects and ah -hoc analysis as assigned.

Enviva Biomass produces sustainable wood pellets that serve as a low-carbon alternative to fossil fuels like coal. The company sources its raw materials from low-value wood, such as treetops and limbs, which are by-products of the forestry industry. This not only reduces waste but also promotes sustainable forest management. Enviva sells these wood pellets to power plants and energy producers aiming to lower their carbon emissions, helping them meet regulatory and sustainability goals. Unlike many competitors, Enviva has established a reliable supply chain and focuses on community empowerment by creating energy jobs and supporting local economic development. The company's goal is to combat climate change while providing a consistent renewable energy source.

Company Stage

IPO

Total Funding

$397M

Headquarters

Bethesda, Maryland

Founded

2004

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Simplify's Take

What believers are saying

  • Enviva's leadership in the renewable energy sector and recognition as the most sustainable biomass company in the 2021 World Finance Sustainability Awards highlight its industry influence.
  • The company's focus on reducing carbon emissions aligns with global regulatory trends, potentially increasing demand for its products.
  • Enviva's scalable supply chain and sustainable sourcing practices ensure a reliable production process, supporting long-term growth.

What critics are saying

  • The recent Chapter 11 bankruptcy filing and delayed Form 10-K filing raise concerns about Enviva's financial stability and operational continuity.
  • High debt levels and the need for significant restructuring could limit the company's ability to invest in growth and innovation.

What makes Enviva unique

  • Enviva specializes in producing sustainable wood pellets from low-value wood, setting it apart from competitors who may use higher-value resources.
  • The company's long-term contracts with energy producers provide a stable and predictable revenue stream, unlike competitors who may rely on spot market sales.
  • Enviva's commitment to community development and sustainable forestry practices enhances its brand reputation and stakeholder trust.