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Compensation Specialist
2 months ago
Position:
Compensation Specialist - Remote (Experience in Sales Commission & Xactly system)
Location:
San Diego, CA
Duration:
6 Months
Total Hours/week:
40.00
Shift:
1st shift, M-Friday 8-5PM PST with some flexibility
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)
Note:
Remote (any time zone)
Experience in sales commission.
Experience with the Xactly system, would be a huge plus. Really, we are looking for someone with commission processing experience, not payroll or HR functions.
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 teams across the 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 reps 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 the sales compensation system with actual sales results, individual quotas, employee information, and compensation plan information.
Answer and resolve commission questions and issues from the 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 of 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 the 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 an occasional flexible work schedule due to necessary deadlines and ad hoc reporting requirements.
Ability to think independently and challenge the 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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