Financial and Compensation Analyst

Job Description

Job Description

Founded in 1988, Mersino is a single source for pumping services, contract dewatering, one-pass trenching, power generation and drilling. Our people are the most valuable asset, and we strive to maintain a culture that inspires dedication to customer service. Whether a planned project or an emergency response, Mersino meets challenges with expertise, equipment, and service. 

We move water.

Location: Auburn Hills, MI

Job Summary:

The Financial & Compensation Analyst plays a critical role in the company’s financial planning, compensation administration, and compliance functions. This position supports strategic decision-making by producing timely, accurate, and insightful analysis on compensation programs, headcount planning, financial forecasts, and union agreements. The role partners closely with Finance, HR, Payroll, and operational leaders to ensure the organization has the data, tools, and processes needed to meet business objectives.

Typical Duties and Responsibilities:

Compensation Administration

• Administer commission programs, including forecasting and final pay calculations, and other sales incentive components.
• Manage sales compensation plans, ensuring they align with company goals and industry standards.
• Administer bonus programs, including forecasting and final pay calculations.
• Support annual merit process planning and execution, including merit projections and pay adjustments.
• Perform 401(k) non-discrimination testing and serve as the 401(k)-audit owner.
• Conduct job banding benchmarking and add new positions into company systems. Union Contract Analysis & Management
• Complete monthly union fringe benefit reporting for 15+ contracts.
• Maintain and update union rates, fringe benefits, and related setup in ADP.
• Conduct union audits and maintain reference materials, cheat sheets, and training documentation for union agreements.
• Provide financial analysis and guidance related to union contract provisions and obligations. Financial Planning & Analysis
• Prepare headcount models and maintain headcount files for Finance.
• Calculate and validate the various components of the company’s cost-of-goods-sold (COGS) burden rates by location; report results quarterly to Sales, Finance, and Executive Management.
• Conduct job costing analysis and maintain accurate financial allocations.
• Provide forecasts and analysis for workers’ compensation premiums and generate payroll reports to support annual premium audits.
• Support budget preparation processes and track variances to plan.
• Provide general financial and compensation analytics to support organizational decision-making.
• Act as the primary backup and support for payroll processing.
• Manage OCIP/CCIP enrollment and payroll reporting processes.

Compliance & Data Analytics

• Set up new state and local tax jurisdictions and resolve payroll tax notices or requests.
• Ensure compliance with union agreements, benefits regulations, and financial reporting standards.
• Prepare and deliver reports for internal stakeholders and external auditors.
• Provide audit support for finance, payroll, benefits, and compliance-related reviews.
• Administer compensation committee preparation and follow-up activities.
• Develop, enhance, and maintain company analytics reporting systems.
• Create dashboards, KPIs, and financial models to deliver relevant and actionable insights for Sales, Finance, HR, and Executive Management.
• Identify opportunities to automate and streamline reporting processes for improved efficiency and accuracy.

Qualifications:

• Bachelor’s degree in finance, Accounting, Human Resources, or related field; or equivalent work experience.
• 3–5 years of experience in financial analysis, compensation administration, or related role.
• Strong knowledge of payroll systems (ADP Workforce Now preferred) and compensation plan design.
• Experience with union contracts, fringe benefits, and multi-jurisdictional payroll compliance preferred.
• Advanced Excel skills: proficiency with ERP systems (Odoo preferred) and business intelligence tools.
• Strong analytical, organizational, and problem-solving skills.

Specific Expectations:

• High attention to detail and data accuracy.
• Ability to work independently while managing recurring deadlines alongside project-based priorities.
• Effective cross-functional communication and collaboration.
• Strategic thinking with the ability to translate data into actionable insights.

Disclaimer : The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Mersino is an Equal Opportunity Employer/Veterans/Disabled