SummaryThe Sales Compensation Manager is responsible for designing, maintaining, and administering the commissions process for the sales organization. This role requires a high level of process orientation, adherence to timelines, and the ability to operate in a fast-paced environment. The manager will lead a team, providing guidance to ensure successful execution of the commissions process.
Responsibilities- Oversee the calculation of sales commissions, workflow approval, payroll processing, and reporting to ensure timely and accurate payments.
- Review commission calculations for accuracy before uploading into the payment system for each quarterly payment cycle.
- Develop and maintain a detailed commissions calendar to ensure 100% on-time payments.
- Partner with HR, Legal, and Commercial leaders to develop annual sales commission plans.
- Establish a regular reporting cadence for sales commission data.
- Collaborate with multiple teams to support external incentives and ensure compliance.
- Perform sales incentive data analysis to identify trends and benchmark against industry standards.
- Work closely with the reporting and analytics team to ensure data accuracy for commission calculations.
- Lead and manage direct reports, providing mentorship and professional development opportunities.
Requirements- Bachelor’s degree in business administration, Finance, Accounting, Economics, Data Science, or a related field.
- 3-5+ years of experience in commissions management, finance, or a related analytical role.
- Advanced skills in MS Excel and experience with Incentive Compensation Management systems.
- Proficiency in Data Visualization tools such as Tableau, Qlik Sense, or PowerBI.
- Familiarity with CRM systems like SalesForce.com.
- Experience with PowerQuery or SQL is a plus.
- Proven experience in managing a team and leading projects.
- Excellent verbal and written communication skills.
- Strong cross-functional collaboration skills.
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