Compensation Specialist - Remote (Exp in Sales Commission & Xactly system)

Company: millenniumsoft
Location: San Diego
Posted on: January 27, 2023

Job Description:

Position : Compensation Specialist - Remote (Exp in Sales Commission & Xactly system)Location : San Diego, CADuration : 6 Months Total Hours/week : 40.001st shiftClient: Medical Device CompanyJob Category: Accounting/FinanceLevel Of Experience: Mid-Level Employment Type: Contract on W2 (Need US Citizens or GC Holders Only) -Shift Timings: M-Friday 8-5PM PST w/some flexibility -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 team across 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 sales compensation system with actual sales results, individual quotas, employee information, and compensation plan information.
    • Answer and resolve commission questions and issues from their 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:
      • Bachelors degree required.
      • 3-5 years 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 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 occasional flexible work schedule due to necessary deadlines and ad hoc reporting requirements.
      • Ability to think independently and challenge 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

Keywords: millenniumsoft, San Diego , Compensation Specialist - Remote (Exp in Sales Commission & Xactly system), Sales , San Diego, California