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MillenniumSoft Inc

Compensation Analyst -Remote

MillenniumSoft Inc, San Diego, California, United States, 92189

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Position: Compensation Analyst – Remote (Exp in Sales Commission & Xactly system) Location: San Diego, CA

Duration: 6 Months

Total Hours/week: 40.00

Shift: 1st shift – M-Friday 8-5PM PST (with some flexibility)

Client: Medical Device Company

Job Category: Accounting/Finance

Level Of Experience: Mid-Level

Employment Type: Contract on W2 (Need US Citizens or GC Holders Only)

Note: Remote (any time zone). Experience in sales commission and Xactly system is preferred; commission processing experience only, not payroll or HR functions.

3 Must Haves On The Resumes

Advanced Excel skills (lookups, pivot tables at a minimum)

Detail oriented

Good customer service skills for internal stakeholders; articulate and able to explain calculations

Job Description

Reporting to the Sr Manager- Incentive Compensation, the main function of Analyst, IC Administration is to timely and accurately process sales incentives for the various sales team across US Region.

This includes administering compensation plans and creating/updating logic in the Xactly Incent compensation system, working with business partners to obtain crucial data for processing, diligently working with HR to meet deadlines and track new hires/terms, generating revenue reports through reporting tools such as QlikView necessary for monthly processing, working with complex formulas in Excel, and providing excellent service by resolving/researching rep’s inquiries in a timely manner.

Essential Responsibilities

Calculate sales commissions according to sales compensation plans and policies, ensuring commission and bonus calculations are done accurately and in a timely manner.

Update sales compensation system with actual sales results, individual quotas, employee information, and compensation plan information.

Answer and resolve commission questions and issues from their assigned Sales team.

Provide support and ad hoc reports for senior team members.

Build and maintain annual compensation plan models within the Xactly Incent compensation system.

Validate sales data for accuracy and consistency with the Compensation Program guidelines, as defined in the annual planning process and the Comp Plan T&Cs.

Assist with the distribution of individual Compensation Plans and collection of their plan agreements.

Qualifications Required

Bachelor’s degree required.

3-5 years’ experience in FP&A, commissions, accounting, or sales operations.

Advanced proficiency in Microsoft Excel is required.

Knowledge of or willingness to learn Xactly Incent, and ability to leverage the platform for business needs.

Strong verbal and written communication skills. Must have strong presentation ability.

Excellent organizational ability and time management skills.

Strong attention to detail to ensure accuracy and integrity of monthly incentives.

Must be able to adapt to occasional flexible work schedule due to necessary deadlines and ad hoc reporting requirements.

Ability to think independently and challenge status quo for the benefit of the business.

Gain and maintain a thorough understanding of compensation plans, source data and related business contacts.

Collect, organize and input required components within Xactly Incent to calculate variable compensation.

Provide timely research and superior customer service related to compensation disputes initiated by the various levels of the Selling organization.

Key Competencies

Analytical Thinking

Business Process Management

Consultation

Operational Excellence

Strategic Thinking

Change LeadershipResults Orientation

Personal Courage

Self- Awareness

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Human Resources

Industries

Staffing and Recruiting

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