JCPenney, one of the nation’s largest apparel and home retailers, combines an expansive footprint of nearly 870 stores across the United States and Puerto Rico with a powerful e-commerce site, jcp.com, to deliver style and value for all hard-working American families. At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Reinforcing this shopping experience is the customer service and warrior spirit of approximately 98,000 associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money and effort. We're looking for motivated, talented individuals who can emerge as Warriors in our organization.
The Executive Compensation Senior Manager leads, manages and administers JCPenney's executive compensation strategy. Candidate should demonstrate mastery of Executive Compensation for public companies. Candidate possesses strong ability to influence and navigate through ambiguity. Strong EQ and charisma are vital in this highly visible role. Reports to the Director, Compensation at JCPenney’s Home Office.
Leads the strategy, development and coordination of Compensation Committee materials.
Exhibits extensive awareness and knowledge of executive compensation conditions, including current and future trends, ongoing legislation affecting executive compensation, and monitor applicable SEC, accounting and tax regulations to ensure compliance with all applicable regulations.
Influences senior leadership and makes recommendations that drive outstanding talent retention and acquisition at the executive level.
Conduct ad-hoc compensation analyses and research projects. Identifies and seeks multiple data-points to evaluate and assess effectiveness of executive compensation programs. Evaluate executive positions and develop appropriate compensation recommendations.
Exhibits strong familiarity with tax rules and financial regulations relevant to executive compensation (162m, 409A, ISS, Glass-Lewis, 280G, etc).
Assist with the completion of the proxy statement, 10-K, footnote disclosures and other ad-hoc reporting and disclosure requirements.
Collaborate with internal partners, including Legal, Tax, Accounting, Finance and Payroll. Provides guidance on executive compensation programs to HR partners.
Oversee the global stock plan administration for JCPenney.
Our corporate office, located within the exciting new development of Legacy West in Plano, Texas, supports JCPenney stores and supply chain facilities nationwide. We offer a competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays, 401(k) Savings Plan with company match, and an associate discount on JCPenney merchandise. On-site campus amenities include health clinic, pharmacy, daycare and preschool, full cafeteria service, a 24-hour fitness center and free garage parking.
Core Competencies & Accomplishments:
Possesses a minimum of eight years of compensation experience at a large public company; specializations in executive compensation highly preferred.
Consulting background is highly preferred
Project Management skills required.
Candidate can demonstrate strong knowledge and fundamental understanding of executive compensation design and technical expertise in total rewards strategy.
Knowledge of IRS and SEC laws governing executive compensation required.
Must possess strong analytical and quantitative skills, including knowledge of accounting principles.