Job Summary
We are seeking a detail-oriented and analytical Compensation and Commission Analyst to join our finance team. The ideal candidate will play a key role in supporting the commission calculation and analysis process with the organization. The candidate will work closely with the finance team to ensure accurate and timely processing of sales commissions. Attention to detail, strong analytical skills, and ability to work in a fast-paced environment will contribute to the success of the commission operations.
Responsibilities
- Own the calculation and validation of sales, agent, and various other commissions based on established commission plans and policies.
- Review sales transactions, contracts, and other relevant documents to ensure accuracy and completeness of commission data.
- Work closely with sales operations and finance teams to resolve commission-related inquiries and discrepancies.
- Prepare commission reports and provide analysis to support decision-making processes.
- Participate in the development and implementation of commission-related processes and procedures to improve efficiency and accuracy.
- Maintain commission databases and systems, ensuring data integrity and security.
- Assist in the preparation of commission forecasts and budgeting processes.
- Stay updated on industry trends and best practices related to sales compensation and commission management.
- Collaborate with and support sales and business development teams to design effective commissions plans.
- Analyze and interpret compensation data to make informed recommendations.
- Provide insights into trends and patterns related to compensation and commissions.
- Facilitate documentation of compensation policies and procedures
- Communicate changes and updates in compensation plans to relevant stakeholders.
- Maintain key performance metrics related to compensation and commissions.
- Provide regular reports and analysis to leadership.
- Ensure data accuracy and system integrity.
Qualifications
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field. MBA preferred.
- Strong analytical and mathematical skills.
- Excellent attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Ability to handle confidential information with discretion.
- Familiarity with commission plan design and administration.
- 1-3 years experience.
