Compensation Analyst - Incentives
MillenniumSoft Inc · Franklin Lakes, NJ · 23 mo ago
Human ResourcesFull-time
Essential Responsibilities
- Calculate sales commissions according to sales compensation plans and policies, ensuring commission and bonus calculations are done accurately and in a timely manner.
- Update sales compensation system with actual sales results, individual quotas, employee information, and compensation plan information.
- Answer and resolve commission questions and issues from their assigned Sales team.
- Provide support and ad hoc reports for senior team members.
- Build and maintain annual compensation plan models within the Xactly Incent compensation system.
- Validating sales data for accuracy and consistency with the Compensation Program guidelines, as defined in the annual planning process and the Comp Plan T&Cs.
- Assisting with the distribution of individual Compensation Plans and collection of their plan agreements
Qualifications Required
- Bachelor’s degree required.
- 3-5 years’ experience in FP&A, commissions, accounting, or sales operations
- Advanced proficiency in Microsoft Excel is required.
- Knowledge of or willingness to learn Xactly Incent, and ability to leverage the platform for business needs.
- Strong verbal and written communication skills. Must have strong presentation ability.
- Excellent organizational ability and time management skills.
- Strong attention to detail to ensure accuracy and integrity of monthly incentives.
- Must be able to adapt to occasional flexible work schedule due to necessary deadlines and ad hoc reporting requirements.
- Ability to think independently and challenge status quo for the benefit of the business.
- Gain and maintain a thorough understanding of compensation plans, source data and related business contacts.
- Collect, organize and input required components within Xactly Incent to calculate variable compensation.
- Provide timely research and superior customer service related to compensation disputes initiated by the various levels of the Selling organization
Key Competencies
- Analytical Thinking
- Business Process Management
- Consultation
- Operational Excellence
- Strategic Thinking
- Change Leadership
- Results Orientation
- Personal Courage
- Self-Awareness