Sales Compensation Manager
7 days ago
About Black Box Network Services India Private Limited
We are seeking an experienced Sales Compensation Manager to lead our sales incentive programs, policies and procedures. This role is responsible for processing commissions on a monthly basis, accurately reporting of sales professionals and manager results and analysis of compensation calculations by plan.
The ideal candidate will have 10+ years of relevant job experience in direct sales compensation plans, practices and procedures. They will possess excellent interpersonal, verbal and written communications skills, as well as a good working knowledge of Excel and experience with Callidus Commission System.
This is a high-impact role that requires strong business ethics, organizational skills, time management skills, and fluency in English.
Key Responsibilities:
• Manage team and tasks relating to sales commission process.
• Analyze and verify booking entry credit for each opportunity from Sales to apply against each sales professional and managers signed compensation plan.
• Responsible for accurately and timely payment of sales commissions on a monthly basis for all sales professionals, managers, and others identified and assigned.
• Act as key point person for sales reps and sales managers.
• Communicate sales plan details and the impact to individuals.
• Manage the operations of sales compensation programs including documentation, sales plan communication materials, incentive calculations, approvals for payments, payment records including timely payment and accurate record keeping and the sales compensation system and its functionality with regard to performing calculations of the plan.
• Prepare sales performance reports for management for use in understanding cost of sales, quota attainment, pipeline activity, Salesforce.com system, etc.
• Build strong working relationships with sales team members and sales management to pay commissions per sales compensation plan; interprets plans and helps resolve commission payment discrepancies.
• Communicate with the sales management team on issues and policies as well as responding to requests for information.
• Provide monthly detailed rep and manager commission payment for recording in the general ledger
• Order, cancel and manage specific information for operations team members.
• Coordinate with Financial Analysts of each area on commission accrual reporting and data transfers.
• Facilitate acknowledgement of bookings and commission payments for sales reps in other business entities within the company including coordinating with various payroll personnel to process payment of commissions to sales reps in respective organizations.
Requirements:
• Bachelor's degree/Post Graduate required
• Relevant job Experience: 10+ years
• Well versed in direct sales compensation plans, practices and procedures
• Excellent Interpersonal, verbal and written communications skills
• Understanding of finance, accounting, and forecasting
Estimated Salary Range: ₹1200000 - ₹1800000 per annum, depending on qualifications and experience.
We offer a competitive salary package, comprehensive benefits, and opportunities for growth and development.
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