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Compensation Analyst, Finance & Banking

Job in Victoria, BC, B8P, Canada
Listing for: University of Victoria
Full Time position
Listed on 2026-10-13
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Financial Manager, Corporate Finance
  • Business
    Financial Analyst, Financial Manager
Salary/Wage Range or Industry Benchmark: 65000 - 95000 CAD Yearly CAD 65000.00 95000.00 YEAR
Job Description & How to Apply Below
Mandate

The Compensation Analyst provides specialized financial, budgetary and compensation expertise to support the University of Victoria's strategic, operational and regulatory requirements. Reporting to the Director, Budget Office, the position is responsible for costing, analysis, forecasting and reporting of compensation-related financial information across the institution.

Mandate

The Compensation Analyst provides specialized financial, budgetary and compensation expertise to support the University of Victoria's strategic, operational and regulatory requirements. Reporting to the Director, Budget Office, the position is responsible for costing, analysis, forecasting and reporting of compensation-related financial information across the institution.

The role supports the Budget Office’s mandate to provide accurate, timely and meaningful financial analysis and advice that enables informed decision-making and responsible stewardship of university resources.

The Compensation Analyst provides specialized analytical support in the areas of compensation modeling, workforce cost forecasting, executive compensation reporting, compensation liabilities, collective bargaining costing, and salary-related funding programs. The position develops analyses, forecasts and reports that support planning, budgeting and decision-making within the Budget Office and across the university.

The position provides university wide compensation related analytical support by developing sophisticated financial models, conducting scenario analysis, monitoring compensation trends and risks, and ensuring compliance with internal and external reporting requirements. The role contributes to evidence-based planning and resource allocation by translating complex compensation data into actionable financial insights.

The Compensation Analyst also provides budget administration and financial management support for executive portfolios including the Office of the President, the Office of the Vice-President Indigenous, and the Vice-President Financial Planning and Operations portfolio. The position is responsible for coordinating compensation-related transfers, monitoring designated funding allocations, and supporting the financial administration within these portfolios.

As a key member of the Budget Office, the position strengthens institutional capacity to manage growing compensation complexity, support strategic workforce planning, enhance financial oversight, and maintain high-quality service to university stakeholders. Through advanced analysis, forecasting and reporting, the Compensation Analyst helps ensure the university's compensation-related resources are managed effectively, transparently and sustainably.

Objectives
  • Provide specialized compensation, financial and budget analysis to support effective institutional planning, decision-making and resource management.
  • Support the university's budgeting, forecasting and financial stewardship activities through the development of accurate and reliable analyses, projections and reporting on compensation.
  • Deliver expert advice and decision support to Director, Budget Office, budget office team members, and to budget administrators on compensation-related financial matters.
  • Contribute to effective workforce and compensation planning by identifying financial impacts, risks, trends and opportunities.
  • Ensure the integrity, consistency and compliance of compensation-related financial information, reporting and institutional processes.
  • Support the administration and financial management of assigned portfolios, programs and strategic university initiatives.
  • Advance continuous improvement in financial analysis, reporting tools, business processes and service delivery within the Budget…
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