Commission & Bonus Analyst

S Three; Glasgow; Hybrid; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a dedicated Commission and Bonus Analyst to join their dynamic team. This role is key in ensuring accurate commission calculations and payments for the sales team, contributing to a smooth operational flow. You will engage with various stakeholders, manage commission schemes, and utilize advanced tools like Xactly and Salesforce. With a strong focus on continuous improvement, you will play a vital role in enhancing processes and ensuring data integrity. Join a forward-thinking organization that values flexibility and offers a competitive salary along with a comprehensive benefits package, making it an exciting opportunity for professionals in the finance sector.

Benefits

Flexible working

Competitive salary

28-day holiday allowance

Annual leave purchase scheme

Paid caregiver leave

Paid volunteering days

Family care policy

Health care support

Company shares option

Retail discounts

Qualifications

• Strong Excel skills are essential for this role.
• Experience with commission schemes and stakeholder management is crucial.

Responsibilities

• Ensure accurate commission calculations and payments.
• Collaborate with teams to resolve payment queries and improve data flow.

Skills

Excel

Stakeholder Management

Commission Schemes

Payroll Experience

Accounting Function Experience

CRM Experience

Education

Bachelor's Degree

Tools

Xactly

Salesforce

Mercury

Power BI

SAP BI

Job description

SThree are delighted to announce that we're recruiting for a talented full-time Commission and Bonus Analyst to join our team at SThree, on a permanent basis.

The primary responsibility of the Commission & Bonus Finance Analyst is to ensure that commission information is up to date and accurately calculate commissions for the sales team.

The C&B Analyst will ensure that the sales data and the relevant personal information is up to date before working on the commission and bonus calculations. In addition, where necessary, ensuring that any Target changes are signed off and preserve integrity. They will also manually calculate any additional incentives, contribute to scheme design to ensure salespeople are focused on the optimum behaviour and generate & send commission information to payroll for payment.

About us

SThree is the global STEM-specialist talent partner that connects sought-after specialists in life sciences, technology, engineering and mathematics with dynamic organisations across the world. We are the number one destination for talent in the best STEM markets: these are today's unsung heroes who positively shape the future. Now we're helping them shape their own futures.

Examples of key responsibilities include …

1. Help to ensure a smooth delivery of all commission and bonus calculations and payments, including:

• Target setting and facilitation of automated commission schemes within Xactly Incent, the Group incentive compensation system
• Target setting and calculation of non-automated commission and bonus schemes
• Validation and processing of manual claims
• Performing manual adjustments
• Modelling and scenario testing for new and changing schemes
• Presentation of results for quarterly Bonus & Commission awards to Senior Stakeholders in Finance and Sales prior to administering the payments

1. Work as a team to resolve complex queries from the business regarding payments, schemes & processes
2. Meet SLAs and act swiftly to oversee the achievement of agreed targets
3. Work with other Operations teams to improve the quality of the data flow through the E2E finance and commissions systems including Mercury, D365/SAP and Xactly systems
4. Contribute to process improvements and efficiency; work with the Continuous Improvement Team to better utilise and develop the systems and technology available such as Power BI, SAP BI and Xactly
5. Work to ensure the Group Commission and Bonus team has an excellent reputation with the wider business
6. Regularly report on commissions & Bonus as requested by the Regional Financial Controller, Sales & Finance leadership, including the Regional Finance Business Partners, Managing Director and Sales Directors.

Knowledge, Skills & Experience

• Familiar with the Microsoft suite of programs, in particular strong Excel skills (Essential)
• Demonstrated ability to work with multiple stakeholders (e.g. sales management) and internal customers (e.g. salespeople) effectively (Essential)
• Experience with commission schemes and calculations; Payroll and particularly Accounting function experience (Desirable)
• Experience in a global organisation (Desirable)
• Demonstrated experience of maintaining a system (e.g. Xactly) (Desirable)
• Salesforce/Mercury or other CRM experience from a user and back-office perspective (Desirable)
• Bachelors degree or equivalent work-experience

In return for your commitment, we offer a range of benefits including …

• The choice to work flexibly from home and the office, in line with our new hybrid working principles
• Competitive salary and bonus
• 28-day holiday allowance plus bank holidays, which can be taken at a time of your choosing (except for Christmas Day, Boxing Day and New Year's Day, which are fixed).
• Annual leave purchase scheme
• Five day's paid Caregiver/Dependant leave per annum
• Five paid days off per year for volunteering
• Competitive family care policy
• Financial, physical and mental well being support
• Private health care (after qualifying period)
• Company shares option
• Access to a range of retail discounts and savings

What we stand for...

We're committed to ensuring that all processes are equitable, and everyone is treated with fairness and dignity where everyone belongs, is valued and connected. If you need any assistance or reasonable adjustments in submitting your application, please let us know, and we'll be happy to help.