Commission Analyst

4 weeks ago

Chennai, Tamil Nadu, India Vendasta Full time

About the job - Commission Analyst - Chennai, India

About the Job:

- The mission of the Commission Analyst is to ensure the accuracy, transparency, and timeliness of commission calculations and reporting for Vendasta's diverse sales team.

- This role requires a high level of analytical expertise, an understanding of commission structures, and a data-driven approach to evaluating sales performance.

- The Commission Analyst will play a critical role in supporting and optimizing commission processes, supporting sales incentives, and providing insights that drive business decisions.

Your Impact:

Commission Calculation & Administration:

- Accurately calculate and administer monthly and quarterly commissions for multiple commission plans across different sales teams using data from Vendasta's in-house sales and CRM systems.

- Ensure all commissions are processed and paid in a timely manner, with transparency and consistency.

- Review and validate commission calculations, ensuring accuracy before final payouts are communicated to the sales teams.

Data Analysis & Reporting:

- Analyze commission data to assess the performance of sales teams, identify trends, and evaluate the effectiveness of current commission plans.

- Generate detailed reports on commission payouts and performance metrics for sales leadership, finance, and business stakeholders.

- Provide insights and recommendations based on the analysis of commission payments and sales -performance to optimize incentive structures.

Process Optimization & Commission Plan Modeling:

- Collaborate with finance and sales operations teams to refine and optimize existing commission structures, ensuring they align with business objectives and motivate high-performing sales behavior.

- Model and propose new commission plans or adjustments to existing plans, ensuring that they are scalable and effectively support organizational growth.

Cross-Functional Collaboration & Communication:

- Serve as a key point of contact for sales teams regarding commission inquiries, providing clear and timely communication on commission structures, calculations, and payouts.

- Work closely with cross-functional teams including finance, sales, and IT to ensure data integrity and streamline commission processes.

- Collaborate on special projects such as mergers and acquisitions (M&A), integrating new teams and adapting commission structures as needed.

What you bring to the table:

- Commission structures & sales incentives

- Advanced data analysis & reporting

- Process optimization & modeling

- Cross-functional collaboration & excellent communication skills

- 3-5+ years of experience in Finance, Economics, or a related field: Preferably within a SaaS or technology environment.

- Degree preferred (Business Administration, Finance, Economics or a related field preferred).

About Vendasta:

So what do we do? We create an entire platform full of digital products & solutions that help small to medium-sized businesses (SMBs) have a stronger presence online through digital advertising, online listings, reputation management, website creation, social media marketing . and much more Our platform is used exclusively by channel partners, who sell products and services to SMBs, allowing them to leverage us to scale and grow their business.

(ref:iimjobs.com)

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