What are the responsibilities and job description for the Commissions Analyst position at Insight Investments?
Responsibilities
Division
Insight Investments
- Calculate monthly commissions for Sales Representatives, Engineers, & Management (currently 100 commissioned employees) in accordance with current incentive plan in an accurate and timely manner
- Prepare and distribute commission related reports, graphs, etc. to salesforce and upper management
- Meet with upper management on a monthly basis to review calculation results and associated reports
- Analyze & utilize data from multiple sources in order to account for all compensation plan components when calculating commissions
- Analyze and report on commissions earned in relation to key operating metrics (sales, gross profit, etc.).
- Research and prepare adjustments; respond to accounting and salesforce inquiries and complete special projects as requested
- Maintain well organized files and records related to commissions
- Partner with Human Resources & hiring managers in the creation of New Hire Compensation plans as well as annual Compensation Plan updates
- Utilize Commission System (Iconixx) for commission calculations & statement generation
- Work with external developers/consultants to resolve calculation errors and/or make plan changes within the commission system
- Provide data points and partner with Finance/Accounting team ensure the appropriate accruals for sales commission are booked
- Assist with the reconciliation of commission related general ledger accounts and the balancing of all commission related payroll interface activity
- Continuously work to develop a process for more efficiently calculating, recording and reporting of sales compensation
- Act as liaison between sales and business owners to troubleshoot any commission related questions & concerns
- Advanced knowledge of Excel
- Bachelor’s degree in Finance or Accounting
- Strong analytical skills and the ability to summarize and present data effectively
- Very detail oriented and organized
- Excellent communication skills, both verbal and written
Division
Insight Investments