Compensation Benefits Specialist

3 days ago

Pune, Maharashtra, India r3 Consultant Full time ₹ 15,000 - ₹ 28,00,000 per year

Commission Analyst

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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