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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

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