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Compensation Specialist – Sales Commission, Xactly
MillenniumSoft IncCompensation Specialist responsible for calculating sales commissions and maintaining compensation plans for a medical device company. Collaborate with teams to ensure timely and accurate processing of incentives with a focus on detail and customer service.
Core Competencies
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Demonstrates expertise in calculating and managing sales commissions, utilizing advanced Microsoft Excel skills, and maintaining compensation models within Xactly Incent. Strong organizational, communication, and attention to detail capabilities are essential for ensuring accuracy and integrity in compensation processes.
ATS Keywords
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About the role
Key responsibilities & impact- Calculate sales commissions according to sales compensation plans and policies.
- 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.
- Assisting with the distribution of individual Compensation Plans and collection of their plan agreements.
Requirements
What you’ll need- 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
- 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.
- 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
Benefits
Comp & perks- Flexible work arrangements
- Professional development