Compensation & Analytics Analyst at InvoiceCloud in Boston, MA

Position Overview

InvoiceCloud is looking for a curious, detail-oriented Compensation & Analytics Analyst to join our Total Rewards team. This is a high-visibility role for someone who loves working with data, wants to understand how compensation decisions are made, and is excited to help build the People analytics infrastructure that supports a growing fintech company.

You'll own day-to-day compensation operations — survey submissions, job pricing, benchmarking, and merit and bonus cycle support — while also building and maintaining the People reporting and dashboards that People team and senior leadership will rely on for decision-making. Over time, you'll take on greater ownership of our global compensation work, including alignment with our India team, and will help shape how we use AI and automation to make our TR processes faster and smarter.

What You'll Do

Compensation Operations

• Own annual participation in compensation surveys (Radford/Mercer), including job matching, data submission, and results analysis.
• Conduct job pricing and market benchmarking for new and existing roles, providing data-driven recommendations to support hiring and internal equity decisions.
• Support annual merit and bonus cycle administration: data preparation, Workday configuration, manager communications, and results reporting.
• Maintain and evolve InvoiceCloud's job architecture, including job families, levels, and grade structure in Workday.
• Respond to ad hoc compensation questions from HRBPs, Talent Acquisition, and managers, providing market context and consistent guidance.
• Support pay equity analysis and contribute to proactive identification of internal equity concerns.
• Assist with preparation of compensation materials for the Board of Directors and ELT, including benchmarking summaries and total rewards overviews.

People Analytics & Reporting

• Build and maintain People dashboards and recurring reports covering headcount, attrition, promotions, LOA, and contractor data.
• Own the Board and Executive team reporting cycles, ensuring data accuracy, consistent metric definitions, and on-time delivery.
• Develop AI-assisted documentation and calculation tools that reduce manual rework and improve transparency in executive reporting workflows.
• Partner with HRIS and People Ops to ensure data integrity across Workday and downstream reporting systems.
• Identify and pursue opportunities to automate or streamline reporting processes using available tools and technology.

Global Compensation Support

• Support compensation alignment for InvoiceCloud's India team, including local market benchmarking and coordination with global HR counterparts.
• Research country-specific compensation trends and provide data to inform global pay decisions as we continue to grow internationally.

Total Rewards Projects

• Contribute to SOP documentation for compensation processes, ensuring workflows are well-documented and repeatable.
• Support FLSA audit reviews and other compliance-related compensation activities as needed.
• Participate in cross-functional People Team initiatives and continuous improvement projects.

Success Profile

This role is anchored in our company's core competencies — these competencies reflect the mindsets and behaviors that define success. Below is how each translates into real-world actions and outcomes specific to this role.

Results Driven

• Delivers accurate, timely compensation data and reports that managers and leaders can trust to make decisions.
• Manages multiple workstreams (survey cycles, reporting deadlines, benchmarking requests) simultaneously without dropping the ball.
• Follows through independently — takes a request from intake to a clear, well-documented output with minimal hand-holding.

Takes Ownership

• Treats compensation data with the confidentiality and discretion it requires, maintaining trust across the People team and broader organization.
• Proactively flags data quality issues, process gaps, or market trends that leadership should know about — doesn't wait to be asked.
• Holds themselves accountable for the accuracy of the numbers they produce, understanding that comp data directly affects people's lives.

Drives Efficiency

• Continuously looks for ways to reduce manual steps in reporting and comp administration — automates, templatizes, and documents what they build.
• Writes clear SOPs so that processes don't live only in their head, enabling continuity and scalability for the team.
• Partners with HRIS to leverage Workday capabilities fully, reducing off-system workarounds.

Innovative

• Brings curiosity and a builder's mindset to People analytics — sees a gap in visibility and asks how to close it.
• Explores AI and automation tools to improve compensation workflows, reporting accuracy, and knowledge management.
• Contributes ideas that help the Total Rewards team work smarter, not just harder, as InvoiceCloud scales.

What You'll Bring

• 2–5 years of experience in compensation, total rewards, HR analytics, or a related People function.
• Hands-on experience with compensation survey participation and job pricing (Radford/Mercer preferred).
• Strong analytical skills with advanced Excel proficiency
• Experience with Workday preferred.
• Interest in and experience with leveraging AI and automation tools to improve process efficiency
• Solid understanding of compensation fundamentals: market pricing, pay ranges, internal equity, and survey benchmarking methodology.
• Exposure to People analytics or HR reporting
• Strong attention to detail — you catch your own errors before anyone else does.
• Excellent written and verbal communication skills; comfortable presenting data and translating numbers into plain-language insights.
• Bachelor's degree in Human Resources, Business, Finance, Data Analytics, or a related field, or equivalent experience.
• Experience supporting global or multi-country compensation programs a plus, but not required.

Benefits

We offer a competitive benefits program including:

• Medical, dental, vision, life & disability insurance
• 401(k) plan with company match
• Flexible Time Off (FTO), wellbeing days, paid holidays, and summer Fridays
• Mental health resources
• Paid parental leave & Backup Care
• Tuition reimbursement
• Employee Resource Groups (ERGs)