Sr. Commissions Analyst

2 weeks ago


Chicago, United States Cars Commerce Full time

ABOUT THE ROLE Primary Duties

Own and lead the team in the monthly calculation and accurate payment for all sales commissions. Calculations will also include bonuses, spiffs, and other incentive programs

Model potential comp plan design changes to determine cost impact

Conduct regular analysis to determine compensation plan effectiveness

Train and educate sales leaders and front line sellers on the compensation plans and tools used to communicate compensation results. Be a trusted advisor to the business.

Create, amend and implement compensation policies related to the launch of new products, short term incentive programs and the evolution of the business

Maintain timely and accurate sales compensation data. This may involve developing systems to allow for ongoing measurement and data analysis.

Write Sales Incentive Plan documentation that defines and explains how compensation plans work and how sellers will be paid

Drive continuous improvement, meet deadlines and quickly resolve all inquiries from the sales team on compensation calculations and completeness

Using compensation system and/or spreadsheets, help calculate and validate monthly commission payments for sales employees based on Sales Compensation plan

Make recommendations for changes to compensation systems or process to ensure timely and accurate payments

Update and maintain all sales employees records. This includes new hires, terminations, pay changes, role changes, team changes, etc.

Lead the team in the preparation of monthly and quarterly sales compensation accruals and reconciliations, using Excel and Finance tools

Actively lead and participate in User Acceptance Testing activities associated with new plan implementations to ensure that systems are properly configured when adjustments are made to current compensation plans or new compensation plans are implemented each year

Support audit deliverables related to compensation payouts and provide assistance related to Sarbanes-Oxley testing of sales compensation processes

Identify data sources and opportunities for additional automation and/or process streamlining

Preferred Qualification and Skills

Bachelor's degree or equivalent business experience

3+ years of work experience in sales compensation, finance, accounting or related field

Experience in administering sales commissions

Experience with an incentive system

Experience working in high-growth, performance-focused environments, while administering complex programs

Deep interest in analyzing data, with the ability to see beyond the numbers to drive sound decision-making

Excellent communication skills, adaptability, and responsiveness

Strong PC/Technical Skills: Advanced Tableau, Excel, Word, PowerPoint, GSuite preferred

#LI-SY #LI-REMOTE #J-18808-Ljbffr


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