What are the responsibilities and job description for the Director of Commissions & Incentive Compensation position at Conexus Recruiting?
Job Title : Director of Commissions and Incentive Compensation (Interim to Hire)
Location : Remote (PST Time Zone)
Salary : $73 / hr to $87 / hr (W2 basis), with overtime compensation
Job Type : Full-Time, Interim to Hire
Position Overview :
We are seeking an experienced Director of Commissions and Incentive Compensation to join our team on an interim to hire basis. This remote role will report to senior leadership and will be responsible for overseeing all aspects of incentive compensation and commissions within the organization. The ideal candidate will have a strong background in incentive compensation, commission structures, and system implementations, ideally within the software or SaaS industry. Experience with Xactly or similar incentive compensation software is highly preferred.
Key Responsibilities :
- Lead the design, implementation, and administration of commissions and incentive compensation programs, ensuring alignment with business objectives and sales strategies.
- Manage the accurate processing and reporting of commission payouts, including reconciling discrepancies and resolving issues promptly.
- Partner with key stakeholders in Sales, Finance, and HR to develop and maintain effective compensation plans and incentive models.
- Oversee the implementation and optimization of incentive compensation systems, particularly Xactly or similar platforms.
- Ensure all incentive compensation plans and practices comply with legal regulations and internal policies.
- Provide strategic recommendations to enhance compensation program effectiveness and drive business performance.
- Monitor key performance indicators (KPIs) related to incentive compensation and commissions to ensure the programs are effective and motivating.
- Support the business with accurate and timely reporting of compensation data, including sales performance and payout analysis.
- Stay current with industry trends, best practices, and emerging technologies to continuously improve the compensation structure.
Qualifications :
Additional Information :
Salary : $73 - $87