Compensation Specialist – Remote (Exp in Sales Commission & Xactly system)

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Position : Compensation Specialist – Remote (Exp in Sales Commission & Xactly system)

Location : San Diego, CA

Duration : 6 Months

Total Hours/week : 40.00

1st shift

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)

Shift Timings: M-Friday 8-5PM PST w/some flexibility

Note:

Remote (any time zone)

Experience in sales commission.

Experience with the Xactly system, would be a huge plus. Really we are looking for someone with commission processing experience, 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.
  • Validating sales data for accuracy and consistency with the Compensation Program guidelines, as defined in the annual planning process and the Comp Plan T&Cs.
  • Assisting 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 Leadership
  • Results Orientation
  • Personal Courage
  • Self- Awareness
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