Executive Compensation Manager
Apply NowCompany: Lockheed Martin
Location: Bethesda, MD 20817
Description:
Job Description
This Lockheed Martin (LM) Total Rewards position supports the Director of Corporate Executive Compensation with Board/Compensation Committee meetings and materials, as well as the drafting of the Lockheed Martin Proxy Statement. It also provides analytical and operational support and corporate-level consultative guidance to LM Business Segments on executive compensation philosophy and processes. The position has enterprise-wide scope with material operational and reputational impact for the Corporation. The role will manage both key internal and external stakeholders, including stockholders, consultants, and vendor relationships.
Position will be responsible for, but not limited to the following:
Performs research and detailed proxy analysis on executive pay plan design, methodology and industry trends and provides extensive data reporting and materials for Board of Directors and/or committee meetings and external filings
Participates in the writing, editing, and proofing of SEC disclosures (e.g., proxy, CD&A, 8-Ks, etc.)
Manages year-end operations around C-suite pay planning and Elected Officer Benchmarking
Oversees Corp and BA operations in Executive Pay Benchmarking
Manages Enterprise-Wide content (trainings, education materials, and communications)
Works on critical public disclosures (e.g. Proxy) with significant impact on the corporation's reputation in managing stockholder expectations
Hyperaware of external trends and emerging practices to consult the leadership team on exec pay actions
Liaises with internal stakeholders (Finance, Accounting, Legal, and Investor Relations)
Liaises with external stakeholders (consultants, vendors)
Support the development, administration, and execution of enterprise-wide executive compensation programs
Develops, analyzes, implements and administers enterprise-wide executive compensation programs including base salary, short-term incentive, long-term incentives and perquisites
Establishes market values for executive level positions and provides market guidance to clients including C-Suite executives
Participates in the management of the equity grant nomination and award process to ensure compliance with legal and plan requirements
Serves as the liaison with internal and external audit agencies including the DCAA
Provides research and analytical support to the Board of Directors regarding Director compensation
Analyzes comprehensive sets of compensation and company performance data
Partners and liaises with internal stakeholders, such as Talent Acquisition, Audit, and Corporate Legal on executive compensation matters and governance
Basic Qualifications
- 5+ years of experience in executive compensation, corporate governance, accounting, finance, or Human Resources
- Experience working with Proxy statements and conducting market research/benchmarking
- Strong data analysis skills and highly proficient utilizing Excel
- Demonstrated analytical thinker and detail oriented
- Effective communication and presentation skills
Position requires a bachelor's degree from an accredited college in a related discipline, or equivalent experience/combined education, with 9 years of professional experience; or 7 years of professional experience with a related master's degree; or 4 years of professional experience required with a related PhD or JD; or no experience required with a MD.
Desired skills
-Previous C-Suite or Board consulting experience
-Excellent communicator
-Exceptional focus and attention to detail
-Highly motivated self-starter
-Prior exposure to executive compensation or corporate governance preferable
-Accounting and/or finance experience or knowledge of financial statements a plus
-Prior consulting experience a plus
EEO
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
*
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.
With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.
If this sounds like a culture you connect with, you're invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Other Important Information
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to work remotely
Full-time Remote Telework: The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.
Work Schedule Information
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
National Pay Statement
Pay Rate: The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, Washington or Washington DC is $111,700 - $196,880. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Premium Pay Statement
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California and New York is $128,400 - $222,640. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
This Lockheed Martin (LM) Total Rewards position supports the Director of Corporate Executive Compensation with Board/Compensation Committee meetings and materials, as well as the drafting of the Lockheed Martin Proxy Statement. It also provides analytical and operational support and corporate-level consultative guidance to LM Business Segments on executive compensation philosophy and processes. The position has enterprise-wide scope with material operational and reputational impact for the Corporation. The role will manage both key internal and external stakeholders, including stockholders, consultants, and vendor relationships.
Position will be responsible for, but not limited to the following:
Performs research and detailed proxy analysis on executive pay plan design, methodology and industry trends and provides extensive data reporting and materials for Board of Directors and/or committee meetings and external filings
Participates in the writing, editing, and proofing of SEC disclosures (e.g., proxy, CD&A, 8-Ks, etc.)
Manages year-end operations around C-suite pay planning and Elected Officer Benchmarking
Oversees Corp and BA operations in Executive Pay Benchmarking
Manages Enterprise-Wide content (trainings, education materials, and communications)
Works on critical public disclosures (e.g. Proxy) with significant impact on the corporation's reputation in managing stockholder expectations
Hyperaware of external trends and emerging practices to consult the leadership team on exec pay actions
Liaises with internal stakeholders (Finance, Accounting, Legal, and Investor Relations)
Liaises with external stakeholders (consultants, vendors)
Support the development, administration, and execution of enterprise-wide executive compensation programs
Develops, analyzes, implements and administers enterprise-wide executive compensation programs including base salary, short-term incentive, long-term incentives and perquisites
Establishes market values for executive level positions and provides market guidance to clients including C-Suite executives
Participates in the management of the equity grant nomination and award process to ensure compliance with legal and plan requirements
Serves as the liaison with internal and external audit agencies including the DCAA
Provides research and analytical support to the Board of Directors regarding Director compensation
Analyzes comprehensive sets of compensation and company performance data
Partners and liaises with internal stakeholders, such as Talent Acquisition, Audit, and Corporate Legal on executive compensation matters and governance
Basic Qualifications
- 5+ years of experience in executive compensation, corporate governance, accounting, finance, or Human Resources
- Experience working with Proxy statements and conducting market research/benchmarking
- Strong data analysis skills and highly proficient utilizing Excel
- Demonstrated analytical thinker and detail oriented
- Effective communication and presentation skills
Position requires a bachelor's degree from an accredited college in a related discipline, or equivalent experience/combined education, with 9 years of professional experience; or 7 years of professional experience with a related master's degree; or 4 years of professional experience required with a related PhD or JD; or no experience required with a MD.
Desired skills
-Previous C-Suite or Board consulting experience
-Excellent communicator
-Exceptional focus and attention to detail
-Highly motivated self-starter
-Prior exposure to executive compensation or corporate governance preferable
-Accounting and/or finance experience or knowledge of financial statements a plus
-Prior consulting experience a plus
EEO
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
*
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.
With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.
If this sounds like a culture you connect with, you're invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Other Important Information
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to work remotely
Full-time Remote Telework: The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.
Work Schedule Information
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
National Pay Statement
Pay Rate: The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, Washington or Washington DC is $111,700 - $196,880. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Premium Pay Statement
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California and New York is $128,400 - $222,640. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.