IT & Software

Business System Analyst

Bay Street Staffing

Toronto · On · Canada

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"Career Match-Maker" | Talent Acquisition Specialist at Bay Street Staffing | IT Recruitment | Full Recruitment Cycle

Position Title: Business Systems Analyst – Senior

Duration: 6 months with extension & conversion to FTE

Location: Toronto- Hybrid (Thursdays and 4th Friday of the month onsite to client location)

Job Description

  • Work closely with Business Partners to guide the formulation of complex solution requirements and participate in design discussions to meet project needs, with a focus on the Varicent Incentive Compensation Management (ICM) application
  • Create and maintain detailed documentation, including business requirements, process flows, and technical specifications specific to ICM processes
  • Use tools like SQL and Excel to analyze compensation data, identify trends, and provide actionable insights related to incentive compensation
  • Establish strong relationships with Business Partners, Colleagues, and Managers to foster collaboration and cooperative learning.
  • Contribute to complex projects by designing strategic solutions aligned with Client’s enterprise architecture roadmap, especially those leveraging Varicent.

Must Have Requirements

  • Hands‑on experience configuring, administering, and supporting Varicent ICM application.
  • Experience or familiarity with Varicent ICM or other incentive compensation management platforms
  • Understanding of incentive compensation processes, including rules configuration and workflow management
  • Proficiency in SQL for data analysis and querying
  • Advanced Microsoft Excel skills for data manipulation and reporting
  • Strong documentation skills for business and technical requirements
  • Proficiency in Microsoft Office Suite (Word, PowerPoint, Outlook, etc.)
  • Excellent communication and interpersonal skills

Nice to Have

  • Accounting and Finance Knowledge - Familiarity with balance sheets, income statements, and financial principles
  • Experience in Financial/Compensation Systems. Especially incentive compensation management solutions like Varicent ICM
  • Experience with incentive plan modeling, calculation logic, and reporting within ICM platforms

Seniority Level

  • Mid‑Senior level

Employment Type

  • Contract

Job Function

  • Finance

Industries

  • Banking and Financial Services

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Reference: WJ-3875_12962242

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