Analyst III, Compensation

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, reliable, and cost-effective energy and water solutions through our portfolio of utility investments to over one million customer connections, largely in the United States and Canada.

At Algonquin, our vision is to be the most trusted utility service provider in North America – a premium regulated utility, known for our customer focus, commitment to sustainability, and strong community partnerships. Our employees are at the heart of that vision. We believe that when people are empowered to learn, grow, and contribute their ideas, we can achieve remarkable results together.

We are building a culture that values integrity, inclusivity, and innovation. By joining Algonquin, you’ll be part of a team that is shaping the future of energy and water, while creating long-term value for our customers, communities, employees, and shareholders.

Purpose

Reporting to the Manager, Compensation, the Compensation Analyst III is responsible for the day-to-day administration and continuous improvement of Liberty’s compensation programs, policies, and competitive pay practices. The role provides advanced analytical and program management support to the Total Rewards and Human Resources teams, ensuring programs comply with legal and SOX requirements, achieve internal equity, and maintain external competitiveness. Operating with limited supervision, the Compensation Analyst III leads key annual compensation cycles, oversees the administration of long-term and share-based incentive programs, and ensures the accuracy and integrity of Liberty’s compensation systems and data.

#LI-Hybrid

Accountabilities

• Lead annual compensation cycles, including merit, bonus, and structure updates, ensuring accurate data, communications, and deliverables.
• Administer the Liberty’s base pay and variable pay programs, ensuring strong governance, policy alignment, and process efficiency.
• Ensure jurisdictional compliance with all applicable legislation and SOX requirements.
• Conduct complex modeling and forecasting to support compensation budgets and accruals.
• Oversee administration of the Employee Share Purchase Plan (ESPP), ensuring accurate and timely participant transactions, reconciliations, and vendor coordination.
• Support administration of the Long-Term Incentive Plan (LTIP), including annual grant, vesting, and release activities, ensuring precise calculations, data integrity, and compliance with plan provisions.
• Oversee ongoing maintenance of the compensation structure, job catalog, incentive targets, and related system data.
• Identify opportunities for continuous improvement and implement solutions to strengthen program delivery and compliance.
• Lead market pricing and job evaluation activities across assigned functions to ensure internal equity and external competitiveness.
• Interpret market trends, provide insights, and develop recommendations for salary structures and pay practices.
• Manage survey participation and data analysis, ensuring accuracy and alignment with Liberty’s roles and grading framework.
• Support strategic compensation projects, including structure reviews and job alignment initiatives.
• Develop and maintain advanced reports, dashboards, and models to support decision-making and governance.
• Partner with HRIS and Finance to ensure data integrity, consistency, and audit readiness.
• Provide detailed analysis for external and internal reporting, including regulatory filings, audits, and compensation committee requests.
• Monitor LTIP and ESPP data for accuracy and completeness, ensuring transaction-level precision and alignment with accounting and payroll requirements.
• Act as a compensation subject matter expert, providing consultation and recommendations to HR Business Partners and leaders.
• Collaborate with HR and business teams on job design, offers, and pay adjustments to ensure consistency with compensation principles.
• Build strong partnerships with cross-functional teams and vendors to support compensation, LTIP, and ESPP administration.

Education and Experience

• 4–7 years of compensation experience, preferably in a regulated industry and/or complex multi-business, unionized, or multi-jurisdictional environment
• Experience supporting or owning compensation cycles, including merit, bonus/STI, and year-end/annual planning processes
• Experience with job evaluation and leveling, including role grading and maintaining job architecture
• Experience with market pricing using compensation survey data (e.g., Mercer, WTW, Radford)
• Strong compensation modeling and analysis skills, including Excel-based budgeting, forecasting, and scenario planning
• Exposure to incentive programs (e.g., STI and LTIP/RSUs)
• Experience providing compensation guidance to HRBPs and managers, not limited to reporting or data support
• CHRL designation or CCP certification, or currently working toward completion

Compensation Data

Full base salary range $85,000.00- $120,000.00 per year*Liberty considers several factors when extending an offer, including but not limited to, the role and responsibilities, a candidate's work experience, education, training and skills, and geographic location.

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business and as an employee team.

Our Mission

We provide safe, secure, reliable, cost-effective and sustainable energy and water solutions. Our mission is how we create value as an organization—it is what drives us every day to fulfill our purpose.

Our Vision

We better the lives of our customers and communities. Our vision is what we see as possible. It's where we aspire to be, what we want to achieve and how we'll make an impact. It guides and keeps us on the right path as we work towards fulfilling our purposes.

Our Guiding Principles

• Customer Centric
• Integrity
• Entrepreneurial
• Teamwork
• Owner mindset
• Outcome focused
• Continuous learning

What we offer

Collaborative environment with a genuine flexible working policy

Share purchase/match plan

Leadership Development Program

Volunteer paid days off

Employee Assistance Program

Achievement fund

Group Benefit Plan

Variety of Health & Wellness programs

Discount and Perks program

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

We are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents.

Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.