Ncontracts

Sales Compensation Analyst

Ncontracts

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $80,000 - $90,000 per year

Job Level

Mid-LevelSenior

Tech Stack

ERP

About the role

  • Track and calculate sales commissions accurately across multiple compensation plans and territories
  • Manage end-to-end commission processing, including validation, approval, and dispute resolution
  • Maintain comprehensive documentation of all compensation plans, policies, and procedures
  • Ensure timely and accurate commission payments to sales team members
  • Handle commission disputes and work with stakeholders to resolve discrepancies
  • Administer and maintain compensation management systems, with expertise in CIQ (CaptivateIQ) or similar platforms
  • Generate regular pipeline reports and sales performance analytics
  • Create and maintain Salesforce reports and dashboards related to quota attainment and performance
  • Develop automated reporting solutions to improve efficiency and accuracy
  • Ensure data integrity across all compensation-related systems
  • Collaborate with Sales Leadership to design, implement, and track sales incentive programs and special promotions
  • Monitor program effectiveness and provide recommendations for optimization
  • Coordinate recognition programs and ensure proper tracking of achievement milestones
  • Track and validate sales bookings for commission eligibility
  • Collaborate with finance team to ensure alignment between bookings, revenue recognition, and commission calculations
  • Maintain accurate records of deal modifications, cancellations, and adjustments
  • Support month-end and quarter-end closing processes
  • Utilize Salesforce reports to quality control and validate booking accuracy
  • Partner closely with Finance team on revenue recognition and commission accounting and accruals
  • Work closely with Marketing team on lead processing and territory alignment
  • Work with Sales leadership to align compensation programs with sales processes
  • Work closely with HR in new hire setup and compensation plan communications
  • Support Sales Leadership with compensation analysis and planning
  • Identify opportunities to streamline compensation processes and improve efficiency
  • Develop and implement best practices for commission administration
  • Conduct regular audits of compensation calculations and system configurations
  • Provide insights and recommendations based on compensation data analysis

Requirements

  • 4+ years of experience in sales compensation, finance, or business operations
  • Previous experience with compensation management systems (CIQ preferred)
  • Demonstrated experience with Salesforce reporting and administration
  • Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis
  • Strong Salesforce reporting and dashboard creation skills
  • Familiarity with financial systems and ERP platforms
  • Exceptional attention to detail and accuracy in data management
  • Strong analytical and problem-solving capabilities
  • Excellent communication skills with ability to explain complex compensation concepts
  • Proven ability to manage multiple priorities and meet tight deadlines
  • Experience with process improvement and project management