Compensation Specialist - Remote (Exp in Sales Commission & Xactly system)
Position : Compensation Specialist - Remote (Exp in Sales Commission & Xactly system) Location : San Diego, CA Duration : 6 Months Total Hours/week : 40.00 1st shift Client: Medical Device Company Job Category: Accounting/Finance Level 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 rep’s 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 • Bachelor’s 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 Apply tot his job