Senior Commission Specialist

Overview

Connecting clients to markets – and talent to opportunity

With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, The StoneX Group is made up of four segments that offer endless potential for progression and growth.

Business Segment Overview:

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Position Purpose: Perform commissions and bonus calculations as well as ensure accuracy and quality in the processes and reporting.

Responsibilities

Primary duties will include:

• Prepare and review monthly commission/bonus payout calculations for multiple groups including external Introducing Brokers and internal Producers utilizing the Xactly Incent System as well as Excel when required.
• Understand IB deals and Producer employment contracts to design in Xactly accurately the calculations and sources needed.
• Crosstrain when required to be a cohesive team member.
• Prepare GL entries to post variable compensation accruals and other entries into Oracle.
• Adhere to deadlines and communicate effectively whenever that is not possible.
• Respond efficiently to our IB’s and Producers on any questions or disputes.
• Provide management reporting and respond to questions.
• Meet payroll and accounts payable deadlines to ensure timely payments.
• Reconcile the commissions/bonuses payment processing and communicate differences found.
• Cooperate with other departments when required.
• Review Dashboards and Reporting required for each user as necessary.
• Assist with Xactly updates and regression testing.
• Train and participate in development of Self and Commissions Team.
• Complete all mandatory training assigned by the company.
• Participates in developing enhanced reporting and effectiveness of the Commissions Department.
• This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.
  
  
  

Qualifications

To land this role you will need:

• Work experience in Commissions or other Accounting/Finance function (3-5 years)
• Proficient in Excel is a must
• Strong work ethic with emphasis on organization and attention to details
• Must be able to meet deadlines
• Accurate and efficient data entry skills
• Excellent problem-solving skills
  
  
  

What makes you stand out:

• Proficient in Oracle is preferred
• Proficient in Xactly is a plus
  
  
  

Education / Certification Requirements:

• Bachelor’s degree in finance or accounting is preferred
  
  
  

Working environment:

• 4 days per week onsite
• Maintains prompt and regular attendance
• Ability to work in a team environment and maintain a positive attitude
  
  
  

Hiring Salary Range $66,560- $79,000. Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)   Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan.  This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.