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Commissions Program Financial Analyst

2 months ago

Fort Mill, South Carolina, United States Insight Global Full time

Insight Global is seeking a skilled Commissions Program Financial Analyst to support a prominent organization.

Key Responsibilities:

  • Collaborate with the Payroll department to ensure consistent processes for assigning employees to commission-eligible positions and accurate costing locations.
  • Develop and oversee monthly reconciliations that account for sales representative compensation, commissioned revenue, commission accruals, and expense allocations.
  • Assist Finance teams with quarterly reconciliations between revenue and commission expenses.
  • Establish and refine the internal audit process for commission plan calculations on a monthly basis.
  • Coordinate with the Identity and Access team to ensure accurate establishment and transfer of sales representative numbers across various sales plans.
  • Manage the commission guarantee process to ensure accurate payments to sales representatives, either through earned commissions or fixed guarantee amounts.
  • Oversee the month-end commission close process by validating payments, generating cross-departmental reports, and ensuring approved commissions are accurately reflected.
  • Analyze the weekly and monthly tasks of the Commission Support team for potential process enhancements.
  • Act as a liaison with the Accounting team to manage various audit controls effectively.
  • Conduct monthly and quarterly control checks to verify the mechanics of the sales commission plan and the accuracy of payment automation calculations.

Company Commitment:

We are dedicated to fostering diverse and inclusive environments where individuals can express their authentic selves at work. We are an equal opportunity/affirmative action employer, valuing every individual.

Qualifications:

  • Bachelor's Degree in Finance, Accounting, or a related field, or equivalent experience, along with 3 to 5 years in an analytical role.
  • Proficiency in Microsoft Excel is essential.
  • Strong presentation and communication skills are required.

Preferred Skills:

  • Experience with SQL and familiarity with data warehouses or data cubes is advantageous.

Benefits:

Benefit packages commence on the 31st day of employment and include medical, dental, and vision insurance, as well as options for HSA, FSA, and DCFSA accounts, along with access to a 401k retirement plan with employer matching.

Employees in this position are also entitled to paid sick leave and/or other paid time off as mandated by applicable laws.