Jobs · Human Resources · New Jersey

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

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