Senior Monthly Incentive Compensation Financial Analyst

Credit Acceptance is proud to be an award-winning company with local and national workplace recognition in multiple categories! Our world-class culture is shaped by dedicated Team Members who share a drive to succeed as professionals and together as a company. A great product, amazing people and our stable financial history have made us one of the largest used car finance companies nationally.

Our Support teams work with multiple departments in a dynamic environment that promotes flexibility and autonomy, while offering the opportunity to collaborate with a diverse group of professionals. We work to comply with our company standards, exceed customer expectations and drive our Great Place to Work culture. Through the consistent delivery of quality services and understanding the needs of our business, we develop innovative improvements as we strive towards our company’s Big, Hairy, Audacious Goals!

The Monthly Incentive Compensation team develops and monitors hourly incentive compensation plans, within our operational teams, consistent with our company philosophy and guiding principles.

 

Outcomes and Activities:

• This position will work from home; occasional planned travel to an assigned Southfield, Michigan office location may be required. However, this position is permitted to work at a Southfield, Michigan office location if requested by the team member.
• Collaborate with departmental leadership on a quarterly basis to set incentive plan thresholds and payout amounts that are consistent with the company compensation philosophy and monthly compensation guiding principles
• Forecast incentive plan drivers/attributes by analyzing historical results and determine the impact that any changes in Company strategies might have on the forecasted incentive plan performance
• Provide monthly incentive plan reporting/tracking by agreed upon due dates
• Identify and recommend opportunities for improvement within incentive plans and forecasting models
• Review incentive plan results regularly and investigate the drivers of any variances to forecast
• Assist in the completion of monthly actuals to forecast reporting by the 5th business day each month
• Ad Hoc Requests/Special Projects - provide moderate to complex ad hoc financial analysis as required by the business owners

Knowledge and Skills:

• Be positive, professional, determined, calm and focused when faced with challenging situations
• Be a quick thinker, with an ability to understand and analyze information promptly and effectively
• Ability to convey complex information in a timely and easily understood manner throughout all levels of the organization
• Ability to analyze information to identify new ideas that will improve our ability to understand performance results that are related to monthly …