Incentive Compensation Analyst - Remote

Millenniumsoft

  • San Diego, CA
  • 2 days ago
  • Remote

    Highlights

    This includes administering compensation plans and creating/updating logic in the Xactly Incent compensation system, working with business partners to obtain crucial data for processing, diligently working with HR to meet deadlines and track new hires/terms, generating revenue reports through reporting tools such as QlikView necessary for monthly processing, working with complex formulas in Excel, and providing excellent service by resolving/researching rep's inquiries in a timely manner. Reporting to the Sr Manager- Incentive Compensation, the main function of Analyst, IC Administration is to timely and accurately process sales incentives for the various sales team across US Region.

    Numbers & Facts

    LocationSan Diego, CA (
    Remote
    )

    Description

    Position : Incentive Compensation Analyst - Remote

    Location : San Diego, CA

    Duration : 4 Months

    Total Hours/week : 40.00

    1st shift

    Client: Medical Device Company

    Job Category: Accounting/Finance

    Level Of Experience: Mid-Level

    Employment Type: Contract on W2 (Need US Citizens or GC Holders Only)

    Shift Timings: M-Friday 8-5PM PST w/some flexibility

    Note:

    Remote (any time zone)

    3 must haves on the resumes:

    • Advanced excel skills (lookups, pivot tables at a minimum)
    • Detail oriented
    • Good customer service skills for internal stakeholders/Articulate and able to explain calculations

    Job Description:

    • Reporting to the Sr Manager- Incentive Compensation, the main function of Analyst, IC Administration is to timely and accurately process sales incentives for the various sales team across US Region.
    • This includes administering compensation plans and creating/updating logic in the Xactly Incent compensation system, working with business partners to obtain crucial data for processing, diligently working with HR to meet deadlines and track new hires/terms, generating revenue reports through reporting tools such as QlikView necessary for monthly processing, working with complex formulas in Excel, and providing excellent service by resolving/researching rep's inquiries in a timely manner.

    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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