What are the responsibilities and job description for the Financial Analyst position at Connection?
The Financial Analyst utilizes independent judgment and discretion to administer incentive compensation plans comprised of commissions, bonuses, and SPIFs (Special Incentive Programs) for Sales, Product Management, Supply Chain, Marketing, or the Technical Services Group. Administration includes setting up, managing the process, and calculating periodic incentive compensation plans, including operational analysis of the results.
Primary Job Duties
- Sets up and manages incentive compensation process per plan assigned to include the calculation and payment of bi-weekly, monthly, and quarterly commission and bonuses and/or vendor or internal SPIF programs. Updates reports per plan needs.
- Maintains organizational structure in all related compensation applications, with additional ad hoc compensation reporting/analysis based on business needs.
- Interacts with Sales personnel to research and resolve any problem areas and to provide support for compensation inquiries.
- Administers daily, weekly, or monthly manual vendor rebate adjustments, transactional freight adjustments where applicable, and RAF adjustments to reduce gross profit on orders for payments committed to the customer.
- Ensures timely and accurate crediting results for compensation plan calculations.
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Required competencies:
- Intermediate Microsoft Office skills include creating PowerPoint presentations, creating Word documents with mid-level formatting, and manipulating Excel spreadsheets with the ability to sort, subtotal, and perform functions such as v-lookups and comparative IF statements.
- Attention to detail in composing, keying, and proofing professional business materials.
- Strong analytical skills with a proven ability to evaluate incentive compensation plans.
- Strong understanding and working knowledge of the company’s various disparate data sources.
- Conceptual with the ability to conceive mentally, formulate ideas, and use imagination to achieve results.
- Organized state of mind with the ability to document activities, anticipate problems, plan schedules, and monitor performance according to priorities and deadlines.
Salary : $65,000 - $75,000
