Compensation Analyst

1 month ago


Chennai, Tamil Nadu, India Corpay Full time

About the Role

The Compensation Analyst will play a critical role in administering sales variable compensation calculations, modeling ROI analysis, and strategic partnership management. This position requires close collaboration with business leaders and the Sales Compensation Lead and Manager to ensure accurate and timely compensation payouts.

Key Responsibilities

  • Run monthly sales commission processes for various roles across different geographies.
  • Maintain compensation structures on required systems based on Commission Plans.
  • Build and model pay-for-performance sales commission and incentive plans for various roles.
  • Calculate monthly/quarterly/annual incentives for sales leadership roles.
  • Administer and track individual performance under sales incentive programs.
  • Measure sales performance against established KPIs.
  • Engage with business leaders on sales ROI and promote new incentives to motivate the sales team.
  • Analyze, reconcile, and audit commission and incentive calculations to ensure adherence to approved plans.
  • Evaluate and report on the effectiveness of sales programs.
  • Respond to inquiries regarding compensation payout, partnership management, policies, and procedures.
  • Run and distribute accurate and timely Partner statements.
  • Develop and support monthly partnership and client reporting.
  • Prepare modeling to assess ROI and conduct due diligence for partnership evaluation.
  • Prepare and update regular partner profitability analysis.
  • Assist in automation of key processes and maintain regular reports for strategic partnerships.
  • Identify and recommend improvements to current processes, focusing on increased efficiencies and enhanced value-added analytics.
  • Introduce new analysis and reporting formats providing insights to different areas of the business.
  • Provide support on various integration and special projects central to improving internal business processes.
  • Support special compensation and partnership revenue share projects to improve internal business processes.
  • Assist in implementing solutions for variable compensation and partner revenue share reporting and modeling.
  • Maintain documentation for all processes.

Requirements

  • 2+ years' experience in sales compensation and data analytics.
  • Business Intelligence tool(s) experience, such as Firsthand experience with Power BI.
  • Compensation modeling and administration knowledge/experience.
  • Data analysis, reconciliation, and data mapping.
  • Intermediate Microsoft SQL & VBA/Macros.
  • Microsoft Office - Excel, Word, Visio, and PowerPoint.

About Corpay

Corpay is a global technology organization leading the future of commercial payments with a culture of innovation. Our specialized payment solutions help businesses control, simplify, and secure payment for fuel, general payables, toll, and lodging expenses. Millions of people in over 80 countries use our solutions for their payments.



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