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#WeAreONEOK – Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.
JOB SUMMARY
This position is hybrid to our corporate office in Tulsa, OK.Job Profile Summary
Focus on executive compensation, equity design and administration, and financial analysis. Job plays a critical role in designing, implementing, and managing our executive compensation and equity programs to ensure competitiveness, alignment with business objectives, and compliance with regulatory requirements.
Essential Functions and Responsibilities
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Design, develop, and administer executive compensation programs, including base salary, short-term incentives, long-term incentives, and equity-based compensation.
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Conduct benchmarking and market analysis to ensure executive compensation packages remain competitive and aligned with industry standards and best practices.
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Partner with internal stakeholders, including executive leadership, HR business partners, finance, legal, and external consultants, to develop and refine compensation strategies and policies.
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Partner with the VP of Total Rewards to help with the annual executive compensation review process, including performance, assessments, and compensation recommendations.
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Partner with board consultant and other stakeholders to deliver executive compensation committee materials.
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Work with internal stakeholders to produce human capital metrics for the executive compensation committee.
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Manage the administration of equity compensation programs, including restricted stock units (RSUs), and performance stock units (PSUs) including helping with design metrics.
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In partnership with other internal stakeholders, ensure compliance with regulatory requirements, including SEC regulations, tax laws, and accounting standards, related to executive compensation and equity compensation.
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Ensure compliance with regulatory requirements, including SEC regulations, tax laws, and accounting standards, related to executive compensation and equity compensation.
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Analyze and interpret compensation data and trends to provide insights and recommendations to senior management and the executive compensation committee.
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Collaborate with team members to educate executives and employees on compensation programs, policies, and practices.
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Stay abreast of emerging trends, regulations, and best practices in executive compensation and equity compensation to drive continuous improvement and innovation.
Qualifications:
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Help design, implement, and manage compensation programs, including base pay, variable pay, and incentive plans, to attract, retain and engage talent.
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Identify and participate in external compensation and benefit surveys; work with leader and team to analyze survey results, develop recommendations and present information to executive leadership.
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Conduct comprehensive analyses of compensation data to ensure competitiveness and alignment with market trends and internal equity.
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Perform various research and analyses to determine market competitiveness of compensation programs and to ensure compliance with current legal regulations.
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Establish and maintain working relationships and actively participate in local, industry and national compensation groups. Identify potential roundtable discussion topics, gather internal data and share results as needed.
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Ensure incentive plans are executed based on established plan documents and work with legal to review and revise as needed.
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Collaborate with finance and accounting to ensure accurate budgeting and forecasting of exec compensation and equity plans.
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Understand compensation systems and processes for the following:
- Drive recommendations for enhancements to current systems (i.e. Workday, MarketPay and JDXpert).
- Review configuration changes, both required by system administrator and to enhance current functionality.
- Establish testing plans and coordinate efforts with team members and HRIS.
- Review potential new tools to determine potential for value add to the company and make recommendation to leader.
- Support Total Rewards functions in a variety of projects and initiatives.
- Provide guidance and direction to other team members.
Education
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Bachelor's Degree in human resources, business administration, finance, or related field; advanced degree or professional certification (e.g., Certified Compensation Professional) preferred.
Work Experience
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This role typically requires five or more years of direct compensation experience required in a publicly traded company or consulting firm.
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Experience using and configuring Workday, MarketPay and/or JDXpert is strongly preferred.
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Strong understanding of executive compensation principles, practices, and regulations, including SEC disclosure requirements, IRS rules, and corporate governance guidelines.
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Proficiency in quantitative analysis, financial modeling, and data interpretation using Excel or other analytical tools.
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Excellent communication skills, with the ability to effectively interact with senior executives, and external stakeholders.
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Strategic thinker with the ability to translate business objectives into effective compensation strategies and solutions.
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Strong analytical skills.
Knowledge, Skills and Abilities
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Knowledge of: applicable Federal, State and local laws and regulations.
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Knowledge of: compensation systems, i.e. Human Capital Management (HCM) systems, job description and survey analysis tools.
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Knowledge of: general statistical principles.
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Knowledge of: applicable human resource program management principles, practices, methods and procedures.
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Knowledge of: budgeting principles.
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Skills in: developing and assessing compensation programs.
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Skills in: maintaining confidentiality.
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Skills in: interpreting human resource policies and procedures.
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Skills in: interpreting and applying applicable laws and regulations.
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Skills in: using a computer and relevant applications (i.e. Excel, Word, PowerPoint, Teams).
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Skills in: conducting research, collecting and analyzing data and preparing related reports.
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Ability to: managing and prioritizing multiple assignment with competing deadlines.
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Ability to: be self-motivated and self-directed.
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Ability to: identify and understand issues, problems and opportunities; compare data from different sources to draw conclusions; recommend actions consistent with available facts, constraints and probable consequences.
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Ability to: clearly communicate and/or exchange written and verbal information and instructions; conduct engaging oral presentations that help the audience to understand and retain the message.
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Ability to: influence and facilitate discussions across a wide range of team and management levels.
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work effectively and cooperatively with others, establish and maintain good working relationships.
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use appropriate interpersonal styles and techniques to gain acceptance of ideas or plans.
Licenses and Certifications
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Professional in Human Resources (PHR)-HRCI preferred.
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Certified Compensation Professional - World at Work (CCP) preferred.
Strength Factor Rating - Physical Demands/Requirements
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Sedentary Work - Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Strength Factor Description - Physical Demands/Requirements
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Standing: Remaining on one's feet in an upright position at a work station without moving about (Occasionally)
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Walking: Moving about on foot (Frequently)
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Sitting: Remaining in a seated position (Constantly)
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Lifting: Raising or lowering an object from one level to another (includes upward pulling) (Occasionally)
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Carrying: Transporting an object, usually holding it in the hands or arms, or on the shoulder (Occasionally)
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Pushing: Exerting force upon an object so that the object moves away from the force (Occasionally)
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Pulling: Exerting force upon an object so that the object moves toward the force (includes jerking) (Occasionally)
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Climbing: Ladders, Stairs (Occasionally)
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Balancing: Maintaining body equilibrium to prevent falling (Occasionally)
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Stooping: Bending the body downward and forward by bending the spine at the waist (Occasionally)
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Kneeling: Bending the legs at the knees to come to rest on the knee or knees (Occasionally)
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Crouching: Bending the body downward and forward by bending the legs and spine (Occasionally)
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Crawling: Moving about on the hands and arms in any direction (Occasionally)
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Reaching: Extending hands and arms in any direction (Constantly)
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Handling: Seizing, holding, grasping, turning or otherwise working with the hand or hands (Manual Dexterity) (Constantly)
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Fingering: Picking, pinching or otherwise working with the fingers primarily (Finger Dexterity) (Constantly)
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Feeling: Perceiving such attributes of objects/materials as size, shape, temperature, texture, movement or pulsation by receptors in the skin, particularly those of the finger tips (Constantly)
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Talking: Expressing or exchanging ideas/information by means of the spoken word (Frequently)
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Hearing: Perceiving the nature of sound by the ear (Frequently)
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Tasting/Smelling: (Occasionally)
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Near Vision: Clarity of vision at 20 inches or less (Constantly)
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Far Vision: Clarity of vision at 20 feet for more (Frequently)
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Depth Perception: Three-dimensional vision; ability to judge distances and spatial relationships so as to see objects where and as they actually are (Frequently)
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Vision: Color - The ability to identify and distinguish colors (Constantly)
Working Conditions/Environment
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Employee is subject to inside environmental conditions
Working Conditions
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Well lighted, climate controlled areas (Constantly)
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Frequent repetitive motion (Constantly)
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CRT (Computer Monitor(s)) (Constantly)
Travel
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Limited travel to other locations required.
Driving
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Based on assigned tasks, employee may be assigned a company vehicle requiring the applicable driver's license
ONEOK is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, sex, pregnancy, sexual orientation, age, religion, creed, national origin, gender identity, disability, military/veteran status, genetic information or any other categories protected by applicable law.
The job description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ONEOK.
ONEOK is committed to making our workplace accessible to individuals with disabilities and will provide reasonable accommodations, upon request, for individuals to participate in the application and hiring process. To request an accommodation email HRSolutions@ONEOK.com or call 1-855-663-6547. #LI-HYBRID
Expected Salary Range
$106,000.00 - $158,000.00