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- Full-time
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Analyst, Business
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Closed listing

University of Victoria

Compensation Analyst

Victoria, BC, Canada

Full-time

This opening has closed.

The original listing is kept below for reference.

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About employer

Job details

Job type: Full-time
Closing date: Oct 17, 2026
Posting language: English
Posted: Sep 17, 2026

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Original job description

Archived listing. The details below describe a past opening.

Mandate

The Compensation Analyst provides specialized financial, budgetary and compensation expertise to support the University of Victoria's strategic, operational and regulatory requirements. Reporting to the Director, Budget Office, the position is responsible for costing, analysis, forecasting and reporting of compensation-related financial information across the institution.

The role supports the Budget Office's mandate to provide accurate, timely and meaningful financial analysis and advice that enables informed decision-making and responsible stewardship of university resources. The Compensation Analyst provides specialized analytical support in the areas of compensation modeling, workforce cost forecasting, executive compensation reporting, compensation liabilities, collective bargaining costing, and salary-related funding programs. The position develops analyses, forecasts and reports that support planning, budgeting and decision-making within the Budget Office and across the university.

The position provides university wide compensation related analytical support by developing sophisticated financial models, conducting scenario analysis, monitoring compensation trends and risks, and ensuring compliance with internal and external reporting requirements. The role contributes to evidence-based planning and resource allocation by translating complex compensation data into actionable financial insights.

The Compensation Analyst also provides budget administration and financial management support for executive portfolios including the Office of the President, the Office of the Vice-President Indigenous, and the Vice-President Financial Planning and Operations portfolio. The position is responsible for coordinating compensation-related transfers, monitoring designated funding allocations, and supporting the financial administration within these portfolios.

As a key member of the Budget Office, the position strengthens institutional capacity to manage growing compensation complexity, support strategic workforce planning, enhance financial oversight, and maintain high-quality service to university stakeholders. Through advanced analysis, forecasting and reporting, the Compensation Analyst helps ensure the university's compensation-related resources are managed effectively, transparently and sustainably.

Objectives

Provide specialized compensation, financial and budget analysis to support effective institutional planning, decision-making and resource management.
Support the university's budgeting, forecasting and financial stewardship activities through the development of accurate and reliable analyses, projections and reporting on compensation.
Deliver expert advice and decision support to Director, Budget Office, budget office team members, and to budget administrators on compensation-related financial matters.
Contribute to effective workforce and compensation planning by identifying financial impacts, risks, trends and opportunities.
Ensure the integrity, consistency and compliance of compensation-related financial information, reporting and institutional processes.
Support the administration and financial management of assigned portfolios, programs and strategic university initiatives.
Advance continuous improvement in financial analysis, reporting tools, business processes and service delivery within the Budget Office.

Undergraduate degree in accounting, business administration, commerce, finance, or a related discipline, together with a minimum of three (3) years of progressively responsible experience in compensation analysis and modeling, payroll analysis and workforce planning or a related field, confidential compensation data work, executive-level reporting and forecasting, collective agreement and labour costing knowledge, and HR/payroll systems experience.

Specific Knowledge, Skills And Abilities Include

Experience in budget administration, financial analysis, forecasting and reporting.
Experience with compensation analysis, salary modeling and workforce planning.
Experience with payroll analysis, payroll costing and workforce cost projections.
Knowledge of position control, salary administration and compensation practices.
Knowledge of collective agreements and labour costing principles.
Experience preparing forecasts, reports and financial analyses for senior leadership and executive decision-making.
Experience handling confidential employee, payroll and compensation information.
Experience using financial, payroll and/or human resource information systems; experience with Banner or similar enterprise systems is an asset.
Strong knowledge of GAAP and the ability to interpret financial statements, budget reports and balance sheet data.
Advanced Excel skills, including financial modeling, data analysis and reporting.
Strong data extraction, analysis and manipulation skills, including experience working with large datasets and relational databases.
Strong analytical, problem-solving and critical-thinking skills.
Strong organizational skills with the ability to manage multiple priorities and meet tight deadlines.
Excellent written, verbal and interpersonal communication skills, including the ability to explain complex financial information to non-financial audiences.
Strong understanding of financial systems, business processes and internal controls.
Experience working in a large, complex and/or unionized environment is preferred.
Demonstrated ability to exercise sound judgment, discretion and confidentiality.
Commitment to valuing diversity and contributing to an inclusive and respectful working and learning environment.
An equivalent combination of education, training and experience will be considered.

About employer

More about this job

Responsibilities

Develop compensation models, forecasts, analyses, and reports to support university budgeting, workforce planning, collective bargaining costing, and executive decision-making. Coordinate compensation-related transfers and monitor funding allocations while ensuring accurate, compliant reporting and effective financial administration for assigned executive portfolios.

Requirements

Requires a bachelor's degree in accounting, business administration, commerce, finance, or a related discipline, plus at least three years of progressively responsible experience in compensation analysis, payroll analysis, workforce planning, or a related field. Candidates should bring advanced Excel and data analysis skills, knowledge of GAAP and collective agreement costing, experience with confidential compensation information and financial or HR systems, and strong communication and organizational abilities.

Skills

Compensation Analysis
Financial Modeling
Workforce Planning
Budget Administration
Financial Analysis
Forecasting
Payroll Analysis
Salary Modeling
Collective Agreement Costing
Executive Reporting
Advanced Excel
Data Analysis
Financial Systems
GAAP
Confidentiality
Communication

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Keywords

Compensation Analysis
Compensation Modeling
Workforce Cost Forecasting
Payroll Analysis
Salary Modeling
Workforce Planning
Budget Administration
Financial Analysis
Financial Forecasting
Executive Compensation Reporting
Collective Bargaining Costing
Collective Agreements
Position Control
Salary Administration
GAAP
Advanced Excel
Financial Modeling
Data Extraction
Large Datasets
Relational Databases
Banner
Enterprise Systems
Human Resource Information Systems
Payroll Systems
Internal Controls
Financial Reporting
Compensation Liabilities
Funding Allocations
Confidential Employee Data
Higher Education

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