Compensation Director Jobs in Illinois

Vantive is a vital organ therapy company on a mission to extend lives and expand possibilities for patients and care teams everywhere. For 70 years, our team has driven meaningful innovations in kidney care. As we build on our legacy, we are deepening our commitment to elevating the dialysis experience through digital solutions and advanced services, while looking beyond kidney care and investing in transforming vital organ therapies. Greater flexibility and efficiency in therapy administration for care teams, and longer, fuller lives for patients— that is what Vantive aspires to deliver.

We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us. At Vantive, you will become part of a community of people who are focused, courageous and don’t settle for the mediocre. Each of us is driven to help improve patients’ lives worldwide. Join us in advancing our mission to extend lives and expand possibilities.

Your role at Vantive

The Associate Director of Compensation Programs, Accrued Liabilities/OPEX, and Prepaids is responsible for executing and improving the accounting, reporting, controls, and governance framework supporting Vantive’s compensation-related accounting activities, global and regional accrued and other liabilities, and select prepaid expense processes. The role oversees compensation program accruals, equity awards in partnership with TAG, restructuring-related compensation costs, annual bonus accruals, long-term incentive cash programs, pension and postretirement benefits, payroll-related accruals, and other employee-related liabilities. The role also encompasses ownership over global and regional accrued and other liabilities, including R&D related accounting, and select prepaid expenses and related prepaid assets. Reporting to one of our operational controllers, this leader partners with Total Rewards, TAG, HR, FP&A, Legal, Tax, Treasury, Shared Services, External Audit, and Systems teams to support a scalable, compliant, and well-controlled compensation, liabilities, and prepaid expense and related asset accounting environment.

Scope and Strategic Remit

• Lead the global accounting function for compensation programs, accrued and other liabilities, including R&D related accounting matters, employee-related liabilities, and selected prepaid expense processes, including accounting policy execution, close processes, journal entries, reconciliations, controls, reporting analytics, and audit support.

• Execute the 1-3 year roadmap for compensation accounting capability, including operating model improvements, ERP, HRIS, payroll, equity administration and BlackLine integration, data quality, process automation and standardization, talent model, and control maturity.

• Support accounting governance for equity awards, annual bonus accruals, long-term incentive cash programs, restructuring-related compensation costs, pension and postretirement benefits, payroll-related accruals, severance and retention programs, and related prepaid or deferred cost activity.

• Manage performance and delivery for compensation accounting, liabilities, and select prepaid processes, with accountability for timeliness, accuracy, control effectiveness, stakeholder experience, and issue resolution within the assigned scope.

• Lead senior professionals and shared service partners supporting compensation accounting operations, accruals, reconciliations, selected prepaid activities, and related reporting processes.

What you'll be doing

Accounting Strategy and Governance

• Manage the compensation, liabilities and prepaid asset accounting operating models, including end-to-end process ownership and related T-account process flow mapping, approval thresholds, close activities, control points, service levels, and escalation routines.

• Translate Total Rewards, TAG, HR, and corporate accounting requirements into functional plans that strengthen data integrity, reporting quality, controls, and scalability over the short to mid term.

• Develop accounting playbooks for significant compensation programs and estimates, including equity awards, annual bonus accruals, long-term incentive cash, restructuring programs, severance, retention, pension and postretirement benefits, payroll-related accruals, and related prepaid or deferred costs.

• Partner with Total Rewards, TAG, HR, FP&A, Legal, Tax, regional controllership, and shared services to review planned programs, accounting impacts, estimate methodology, data handoffs, and execution risks.

Close, Reporting, and Technical Accounting Execution

• Oversee month-end and quarter-end close activities for compensation programs, accruals, and selected prepaid expenses, ensuring accurate journal entries, account reconciliations, analytics, disclosures support, and management reporting. This includes maintaining best-in-class job aid and end-to-end accounting process flow documentation to ensure consistently reliable and accurate accounting close results.

• Ensure appropriate accounting treatment for equity awards, bonus and incentive compensation, restructuring-related compensation costs, payroll-related liabilities, pension and postretirement benefits, prepaid expenses, and related balance sheet and income statement activity.

• Partner with Technical Accounting to evaluate complex or non-routine matters and document accounting conclusions, judgments, estimates, and controls.

• Provide timely analysis of accounting results, accrual trends, estimate changes, prepaid activity, unusual movements, and balance sheet impacts to controllership, HR, Total Rewards, TAG, and FP&A leadership.

Controls, Audit, and Risk Management

• Own SOX-aligned controls for compensation accounting, liabilities and select prepaid processes, including journal entry review, reconciliation quality, estimate governance, data validation, segregation of duties, and system interface controls.

• Coordinate external audit requests related to compensation programs, accruals, prepaids, pension and postretirement benefits, and other employee-related liabilities, including PBC ownership, support quality, issue resolution, and follow-up actions.

• Identify and resolve control gaps, recurring reconciliation issues, data quality defects, estimate inconsistencies, and process handoff risks across HR, Total Rewards, TAG, Accounting, Shared Services, FP&A, and IT.

• Maintain clear governance over manual adjustments, recurring entries, estimates, actuarial and third-party inputs, compensation plan data, BlackLine reconciliations, system interfaces, prepaid amortization schedules, and account ownership to reduce risk and improve close discipline.

Systems, Automation, and Data Quality

• Partner with HR, Total Rewards, TAG, FP&A, Shared Services, and IT to improve integration among HRIS, equity administration, payroll, Coupa, ERP, BlackLine, consolidation tools, and reporting dashboards.

• Lead automation, standardization, and simplification efforts related to bonus and incentive accruals, equity compensation accounting, restructuring accruals, general liabilities, prepaid capitalization and related amortization, payroll-related accruals, BlackLine account reconciliations, third-party data feeds, and close analytics.

• Define data ownership and quality routines for compensation plan data, employee eligibility populations, cost center and legal entity mappings, payroll and HRIS interfaces, actuarial inputs, equity award data, prepaid schedules, and reporting hierarchies. Provide feedback on Coupa expense processing taxonomy, mapping, and user interface/accrual process to aid in accurate and efficient general accrued liabilities processes.

• Support system implementations, compensation program changes, restructuring activities, acquisitions, divestitures, or legal entity changes by ensuring accounting, reporting, data, BlackLine, and control requirements are built into the design.

Business Partnership and Influence

• Advise finance and HR stakeholders on accounting, reporting, estimate, and control implications of compensation program design, workforce actions, restructuring plans, incentive programs, pension and postretirement activity, and prepaid expense policies.

• Influence Total Rewards, TAG, HR, FP&A, Legal, Tax, regional leaders, and shared services to adopt standard accounting processes, clear data handoffs, and consistent controls when priorities or local practices differ.

• Provide clear updates to Corporate Accounting leadership, HR, Total Rewards, TAG, and FP&A stakeholders on compensation accounting performance, risks, estimates, and improvement priorities.

• Insert accounting voice into Coupa general accrued liabilities tool and related mapping to ensure accuracy, simplification, and standardization.

Leadership Expectations

• Build, develop, and retain a team with strong and efficient accounting capability, clear ownership, strong controls mindset, and practical business judgment.

• Lead senior professionals and shared service partners by setting clear priorities, reinforcing process discipline, and developing future controllership talent.

• Create a culture of accuracy, accountability, partnership, transparency, and continuous improvement across Compensation, HR, TAG, FP&A, Accounting, and Shared Services handoffs.

• Operate as a trusted accounting partner who can balance technical accounting precision with business needs, competing timelines, and public company control expectations.

What you'll bring

• Bachelor’s degree in Accounting, Finance, or related field.

• CPA, CA, ACCA, or equivalent professional accounting qualification strongly preferred.

• 10+ years of progressive accounting, controllership, compensation accounting, technical accounting, audit, or financial reporting experience in a complex global company.

• Experience leading senior professionals, experienced specialists, or shared service partners across close, reporting, controls, systems, compensation accounting, accruals, or prepaid expense processes.

• Deep knowledge of U.S. GAAP, compensation-related accounting, accruals, estimates, internal controls, reconciliations, close processes, financial statement presentation, and audit requirements.

• Strong communication skills with the ability to explain complex compensation accounting topics clearly and influence cross-functional decisions.

• Experience in healthcare, medical technology, life sciences, manufacturing, or another regulated global environment.

• Experience with equity compensation, annual bonus accruals, long-term incentive cash programs, restructuring-related compensation costs, payroll-related accruals, pension and postretirement benefits, prepaid expenses, and related balance sheet reporting.

• Experience with ERP, HRIS, payroll, equity administration systems, BlackLine or other reconciliation tools, consolidation systems, and reporting dashboards.

• Experience supporting public company controls, SOX requirements, and external audit cycles.

• Experience partnering with Total Rewards, TAG, HR, FP&A, Legal, Tax, external actuaries, and external auditors on compensation-related accounting matters.

We understand compensation is an important factor as you consider the next step in your career. At Vantive, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $160,000 to $220,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position is also eligible for a discretionary bonus. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

US Benefits at Vantive

This is where your well-being matters. Vantive offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical, dental and vision coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Aon Pooled Employer Plan (“Aon PEP”), Vantive’s 401(k) retirement savings plan, to help you prepare for your future. The Aon PEP is designed to help improve retirement outcomes by providing retirement resources more efficiently. The plan offers a robust set of investment options, financial education, and a suite of resources to support your retirement goals.

We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees. For additional information regarding Vantive’s US Benefits, please speak with your recruiter or visit our Benefits site: Benefits | Vantive

Equal Employment Opportunity

Vantive is an equal opportunity employer. Vantive evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.

Know Your Rights: Workplace Discrimination is Illegal

Reasonable Accommodation

Vantive is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information. Form Link

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