What are the responsibilities and job description for the Sales Compensation Analyst position at Thomas, Edwards Group?
The Thomas, Edwards Group is seeking a highly skilled Sales Compensation Analyst to support the implementation, administration, and analysis of variable compensation plans. As a key member of our team, you will play a crucial role in ensuring timely and accurate payments to participating team members based on designated sales quotas.
Key Responsibilities:
- Calculate commissions based on the designed compensation plan and process through payroll to ensure timely and accurate payments to Representatives.
- Support in design, implementation, and administration of variable pay plans, including creating new plans or modifying existing ones.
- Analyze and evaluate sales program effectiveness, recommending improvements based on data and market trends.
- Maintain program data and metrics, collecting, analyzing, and reporting on program data to track performance and identify areas for improvement.
- Develops, implements, and manages compensation procedures and practices for maintaining state, federal, and local compliance.
- Develop appropriate communication tools for the field to provide a comprehensive understanding of how their incentive plans and award programs work.
- Communicate with managers or team members to resolve questions or gather missing payroll-related information, reconciling timecard entries and assisting with leave balance inquiries, corrections, or calculations.
- Collaborate with sales leadership on optimizing sales organization reporting to help drive sales performance.
- Review all booked revenue on a weekly basis and verify booked sales reports are sent weekly to the necessary parties.
- Successfully navigate HRIS to process commissions.
- Responsible for compiling commission data through Salesforce and Great Plains.
Requirements:
- Bachelor's degree preferred.
- 5 years of experience processing payroll.
- Experience with Salesforce and UKG preferred.
- Advanced Excel skill set (formula creation, pivot tables, macros).
- Ability to communicate using Microsoft Office.
- Excellent written and oral communication skills.
- Exceptional critical thinking and problem-solving skills.
- Strong work ethic and ability to meet tight deadlines.
- Ability to safely and successfully perform the essential job functions consistent with ADA and all other applicable federal, state, and local standards.
The ideal candidate will possess strong analytical and problem-solving skills, with the ability to work effectively in a fast-paced environment. If you are a detail-oriented and results-driven professional with a passion for sales compensation, we encourage you to apply for this exciting opportunity.