Sales Compensation Analyst

2 - 6 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Sales Compensation Analyst, you play a crucial role in the accurate and timely administration of sales incentive plans. Your responsibilities include supporting the design, analysis, and implementation of compensation programs to motivate the sales team, drive desired behaviors, and align with company business objectives. You will serve as a key liaison between sales, finance, and human resources to ensure fair and consistent application of compensation policies. Key Responsibilities: - Partner with sales leadership and finance to model and analyze the effectiveness of existing and new incentive compensation plans. - Manage and maintain sales performance data within compensation management systems to ensure data accuracy and system integrity. - Resolve compensation-related inquiries and disputes from the sales team professionally and in a timely manner. - Generate and analyze compensation reports and dashboards to provide insights on sales performance, plan effectiveness, and cost of sales. - Assist in developing and documenting compensation policies, procedures, and training materials for the sales team. - Support compliance with internal controls and relevant legal and regulatory requirements. - Contribute to special projects and continuous improvement initiatives related to compensation plan design and process automation. - Provide support for other sales operations or finance programs as required. Qualifications Required: - Bachelor's degree in Finance, Accounting, Business, or a related field, or equivalent work experience. - Experience in a sales compensation, financial analysis, or sales operations role. - Strong knowledge of sales compensation principles, including commission structures, bonuses, and accelerators. - Proficiency with Microsoft Excel (advanced formulas, pivot tables) and experience with a compensation management system (e.g., Xactly, Callidus, Varicent). - Strong analytical skills with the ability to work with large datasets and translate complex data into actionable insights. - Effective communication and interpersonal skills to collaborate with sales, finance, and HR stakeholders. - High attention to detail, accuracy, and confidentiality. - Ability to manage multiple deadlines and priorities in a fast-paced environment. Additional Company Details: This position operates in a professional office environment, with work primarily conducted on a computer. The role involves frequent phone use, video conferencing, and meeting participation. Extended periods of sitting are common, with minimal physical exertion and travel requirements.,

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