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Sales Operations Analyst

2 months ago

Cary, North Carolina, United States Cadence Design Systems, Inc. Full time

About the Role

Cadence Design Systems, Inc. is seeking a highly skilled Sales Operations Analyst to join our team. This role plays a crucial role in overseeing all aspects of the Sales Compensation Plan and related Sales Performance Incentive Funds.

Key Responsibilities

  • Comprehend, enhance, and oversee Sales Compensation plans, including Compensation Plan design, modeling, and administration, as well as Sales Performance Incentive Funds design, modeling, and administration
  • Manage Sales Compensation processes such as Goal Letter creation, distribution, and management, Territory planning and quota distribution, Quota credit and payout estimations management, Commissions accrual estimation, among others
  • Lead cross-functional teams to drive process improvements, manage resources effectively, and ensure initiatives are completed within set timelines and budgets
  • Promote a collaborative, trusting, and accountable work environment

Requirements

  • MBA with a finance focus preferred
  • Minimum of 5 years of Sales Compensation experience preferred
  • Ability to excel in a fast-paced and dynamic business setting, handling multiple projects concurrently and managing high-priority tasks
  • Well-organized and deadline-oriented with the capacity to work independently and seek assistance when needed
  • Exemplifies high ethical standards, strong work ethic, and integrity
  • Excellent communication, presentation, negotiation, and process improvement skills are essential
  • Demonstrates proficiency in Microsoft Office tools, particularly Excel, with expertise in functions like filtering, sorting, formulas, v-lookups, pivot tables, and data organization
  • Preferred expertise in Python and/or OpenPyXL, modeling and analytics using an n-dimensional cube, and experience with Salesforce, IBM Planning Analytics, SQL, IBM Cognos, SAP, and other data hubs
  • Occasional domestic travel may be required

What We Offer

  • A dynamic and collaborative work environment
  • Opportunities for professional growth and development
  • A competitive compensation and benefits package