Compensation Benefits Specialist

4 weeks ago

Pune, Maharashtra, India r3 Consultant Full time
Experience Range: 5 - 10 years

Shift: US Shift (6:30PM to 3:30PM)

Budget: Max 15LPA

Job Description:

Responsibilities:

- Maintain an organized record of all commission plans (Sales & Program Management), including effective dates and key details.
- Track commission payout schedules and coordinate with stakeholders (Sales, Program Management, Finance, Accounts Payable, HR) to meet deadlines.
- Prepare and share commission statements with plan participants.
- Distribute monthly sales and program management reports.
- Assist in designing new commission plans and model financial impacts.
- Maintain records of all contractual incentives (volume rebates, revenue share, credits, etc.) with relevant dates and payment timelines.
- Coordinate and process incentive payouts with stakeholders.
- Prepare monthly accrual estimates and calculate quarterly payouts, reconciling with accruals.
- Present incentive calculation details to Sales and Program Management teams when required.

Requirements:

- Bachelor's degree in Finance, Business Administration, or Accounting (Master's preferred).
- 7+ years' experience in a US-based organization, preferably in FP&A or Sales Operations.
- Strong analytical and quantitative skills.
- Excellent communication skills, with ability to present financials to non-financial audiences.
- Advanced proficiency in Microsoft Excel; experience with SQL, PowerPivot preferred.
- Knowledge of accrual accounting, GAAP, and financial reporting systems.
- Experience designing commission plans and developing executive-level financial reports.
- Experience in excel models, developing financial commentaries to explain variances, and developing financial and operational presentations to executives

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