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Senior Incentive Compensation Specialist
2 months ago
Requisition Number: 98034
Position: Senior Compensation Analyst
Insight Enterprises, a recognized Fortune 500 Solutions Integrator, is dedicated to assisting organizations in accelerating their transformation by harnessing the potential of both people and technology. With a robust 35-year history in hardware and software supply chain management, complemented by our extensive expertise in cloud computing, data analytics, artificial intelligence, cybersecurity, and intelligent edge solutions, we guide businesses through intricate digital decisions to achieve remarkable outcomes.
As a Senior Compensation Analyst, you will play a pivotal role in the calculation and administration of commission and incentive payments for our sales teams, ensuring alignment with established commission plan provisions. Your responsibilities will encompass providing essential support for the development, execution, communication, and management of sales commission and incentive programs. You will conduct comprehensive cost analysis and modeling to enhance the design of commission and incentive plans, as well as quota levels, while collaborating across departments to address and resolve any discrepancies or issues related to calculations.
Key Responsibilities:
- Receive, review, and input sales adjustment requests into the system of record.
- Continuously review, update, and maintain the commission database utilized for tracking and computing variable compensation and establishing sales quotas.
- Analyze changes to compensation plans on an ongoing basis.
- Provide expertise on departmental policies, processes, and systems.
- Deliver training and guidance to other departments regarding the use of departmental systems.
- Conduct financial analysis, including performance against sales quotas, reconciliation with the general ledger, and review of gross profit at both representative and organizational levels.
- Identify and articulate opportunities to enhance operational efficiencies and increase profitability, including modeling and forecasting improvements with supporting metrics and data.
- Support and execute ad-hoc research and analytical projects, including project design, data collection, modeling, analysis, and effective presentation of results.
- Collaborate with IT, Finance Business Analysts, and management at all levels to gather, analyze, and summarize required analyses, ensuring accurate implementation of process and system changes through functional validation.
- Create and maintain Standard Operating Procedures and Work Instructions.
- Work collaboratively to resolve any calculation disputes or issues.
- Perform cost analysis or modeling of alternative commission and incentive plan designs or quota levels.
Qualifications:
- Bachelor's degree in Accountancy or Finance from an accredited institution.
- A minimum of three years of experience with an ERP system, preferably SAP.
- At least four years of experience in a commissions-related role.
- Detail-oriented with strong analytical skills.
- Excellent verbal and written communication skills, with the ability to present, persuade, and negotiate effectively.
- Proficient in writing reports and business correspondence, and capable of presenting information and responding to inquiries from sales representatives and management.
- Demonstrated commitment to professional development and flexibility to work weekends as required by workload and deadlines.
- Ability to effectively present information to management.
- Strong analytical skills to read, interpret, and analyze documents and system information.
- Proficient in Microsoft Office tools.
- Possess strong business acumen across various functional areas.
- Ambitious, adaptable, and positive; a self-starter who thrives in a dynamic work environment.
