Commission Analyst
2 weeks ago
We are seeking a Commission Analyst to manage commission calculations and forecasting for our sales, technical, and partner teams. The candidate should have strong Excel proficiency, experience with commission calculation, a solid understanding of data validation and reconciliation processes.
Key Responsibilities
Commission Processing & Administration
- Calculate and process monthly commission payouts for sales, technical, and partner teams in accordance with established commission structures and timelines.
- Review and validate sales bookings and revenue data from Salesforce and accounting systems, identifying and resolving discrepancies with sales and finance teams.
- Maintain commission trackers, ensure data accuracy, and update commission calculations as needed.
Reporting & Analysis
- Prepare monthly commission reports detailing payouts, accruals, and performance metrics for management review.
- Build and maintain Excel-based commission models and dashboards to track sales performance and commission trends.
- Prepare commissions forecast and conduct variance analysis between forecast and actual commission payouts.
Stakeholder Communication & Support
- Respond to commission-related queries from sales representatives and leadership in a timely and professional manner.
- Communicate payment timelines, policy updates, and calculation methodologies clearly to stakeholders.
Process Improvement & Compliance
- Identify opportunities to streamline commission processes and improve data accuracy.
- Support commission audits by preparing documentation and reconciling historical payment records.
Required Qualifications
- Bachelor's degree in finance, Accounting, Business Administration, or related field
- Minimum 3 years of experience in commission calculation, sales operations, or financial analysis.
- Advanced Excel skills including pivot tables, VLOOKUP/XLOOKUP, complex formulas, data consolidation, and working with large datasets.
- Strong attention to detail with demonstrated ability to identify and resolve data discrepancies.
- Excellent communication skills with the ability to explain commission calculations and policies clearly to non-technical stakeholders.
- Ability to work independently, manage multiple priorities, and meet monthly processing deadlines.
Preferred Qualifications
- Experience in revenue tracking, revenue recognition, or accounting processes is a plus.
- Working knowledge of Salesforce CRM for opportunity tracking, pipeline reporting, and data extraction is a plus.
- Familiarity with IT services or B2B sales cycles and commission structures.
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