| Location | CARY, NC |
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
Position Description:
This position will provide insight and management of the Sales Compensation Plan and related Sales Performance Incentive Funds. You will analyze, improve, and manage key processes related to Sales Compensation including compensation plan modeling, Goal Letter creation and distribution, and commissions payments and accrual estimates. Good communication, presentation, and negotiation skills are required as there is regular interaction with sales team members and management as well as IT, finance, and operations personnel from other divisions.
Responsibilities:
Understand, improve, and manage Sales Compensation plans.
Sales Performance Incentive Funds modeling and administration
Understand, improve, and manage Sales Compensation processes.
Goal Letter creation, distribution, and management
Management By Objectives (MBO) creation, distribution, and management
Management of Quota credit and payout estimations
Day-to-day data and process execution, auditing, and analysis
Analysis of large amounts of data from various data sources to develop reports and insights for business partners, senior leaders, and external auditors.
Identify, research, and properly escalate questions and/or errors or issues in a timely manner.
Provide data and recommendations for Sales Kickoff awards.
Assist with commissions accrual estimations
Lead cross-functional teams required to implement process improvements.
Manage and set priorities for resources across teams to achieve objectives.
Drive initiatives to completion in accordance with the program schedule and approved budgets.
Foster an environment of collaboration, trust, and accountability.
Position Requirements:
Requires current US Work Authorization.
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