Senior Compensation Specialist

Job Opening: Rebate Profile | FMCG/Retail | SALES PROG & INCENTIVE MGMT SR ANALYST Bangalore -WFO Location: Bangalore | Night Shifts | 40 Positions Open Transport -Cab available Notice period -15 -50 days max . Full time -MNC company. Skills & Experience: Lead Role: 7-12 years -20 positions IC Role: 5-10 years -20 positions Strong Excel (Pro level), Rebate/Incentive knowledge, and Analytical Skills Industry: FMCG/Retail (No Banking) Essential Job Functions: Transforming sales to become a future-ready and digital B2B revenue engine. The team helps assess, design, build and implement best practices on process, organization, and technology to create, execute, and run a collaborative sales and support roles. A set of techniques and processes that support defining a pricing strategy, creating a pricing model, and ensuring differentiated value for the opportunity pursuit. A Sales Incentives Management Specialist is responsible for Implementing, and administring sales incentive programs, and accurately calculate commissions by analyzing sales data, collaborating with client, and monitoring program effectiveness. Incentive Planning: Work with the Client Sales Leadership team to define the objectives, incentive plans and strategy. Incentive Plan Implementation: Implement the client provided plan and maintain sales incentive plans, including metrics, targets, payout structures, and performance thresholds, considering different sales channels and product lines. Data Analysis: Collect, analyze sales data to assess sales performance against targets, identify trends, and evaluate the effectiveness of existing incentive plans. Sales Alignment: Collaborate with client to ensure incentive plans are aligned with overall business goals and sales strategies. Communication and Training: Clearly communicate incentive plan details to sales teams, provide training on program mechanics, and address any questions or concerns. Performance Monitoring: Track sales performance against incentive plan metrics and publish. Compliance Management: Ensure all incentive programs comply with company policies, regulatory requirements, and legal standards as shared by the client System Administration: Manage the sales incentive calculation system, ensuring accurate data input and timely commission payouts. Stakeholder Management: Collaborate with cross-functional teams including finance, HR, and sales operations to ensure smooth implementation and administration of incentive programs Qualifications :Skill required: Incentive Compensation & Trade Promotion - Pricing & Profitability Optimization Education:Any Graduation Years of Experience:5 to 8 years Required:Proven experience in sales operations within a BPO environment, ideally with expertise in managing large sales teams and complex data sets. Knowledge of industry-specific sales processes and best practices Strong attention to detail and accuracy in data entry Excellent communication and interpersonal skills to interact with customers and internal teams Analytical Skills: Strong analytical mindset with ability to analyse data from various reports and provide insights Should have experience working with large datasets Sales Knowledge: Understanding of sales processes, key performance indicators (KPIs), and sales methodologies. Compensation Implementation: Expertise in implementing and structuring sales incentive plans, including commission structures and performance-based rewards. Communication Skills: Excellent written and verbal communication skills to effectively convey complex information to various stakeholders. Technical Proficiency: Proficient in data analysis tools, CRM systems, and sales incentive management software. Project Management: Ability to manage multiple projects simultaneously, meet deadlines, and prioritize tasks. Ability to establish strong client relationship Ability to manage multiple stakeholders Adaptable and flexible Collaboration and interpersonal skills Problem-solving skills Other Skill:Rebate Advance excel- pro level (Mandatory) (Vlookup, hlookup, pivot, conutif, sumif) Concept and understanding of rebate OR incentive Types of Rebate (Discount, coupons) instant and mail-in rebates, cashback, tax rebates, delivery rebates, vendor or manufacturer rebates, volume rebates, loyalty rebates, and growth or retention rebates Good rebate Calculation- good with numbers Forecasting, budgeting, accrual budget part, FPNA,