Senior Finance Specialist Commission CoE

JLL; Gurugram District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

JLL is seeking a Commission Analyst to manage end-to-end commission processing, configuration, and reconciliation within the PeopleSoft Financial platform. The role ensures accurate calculations, timely payouts, and maintains system integrity across multiple business units and geographical locations across EMEA and APAC.

Responsibilities include configuring system changes, inputting commission plans, managing security settings, processing guarantees, ensuring revenue allocation accuracy, and

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• 3+ years experience in commission processing, financial systems administration, or related role.
• Proficiency with Order to Cash process is a must, preferably PeopleSoft Financials
• Strong analytical skills with attention to detail and accuracy
• Advanced Microsoft Excel skills
• Knowledge of revenue recognition and accrual accounting principles

Responsibilities

• Configure commission system changes resulting from organizational structure modifications.
• Input and maintain commission plans in PS Fin.
• Manage commission security settings for commission earners, business approvers, supervisors, and data controllers.
• Validate and input commission earner profiles with appropriate commission plan assignments.
• Process guarantee and prepayment agreements in accordance with employee contractual terms.
• Ensure accurate revenue allocation assignment to the commission earners.
• Execute revenue allocation batch uploads for non-CRM integrated business lines.
• Manage commission group amendments on behalf of Business and Finance teams.
• Generate and distribute weekly, bi-weekly, and monthly Fee Allocation Reconciliation Reports as required.
• Reconcile Order-to-Cash (O2C) accruals and report discrepancies promptly.
• Execute commission pool calculations for countries with pool distribution models.
• Monitor commission calculation jobs and resolve discrepancy issues.
• Validate commission calculations against individual employee / pool plan structures.
• Process manual load activities for local requirements (including consolidated Business Unit, Incentives etc).
• Submit commission calculations to approvers through online PS Fin systems.
• Download and validate "To Pay" commission data for Finance approval.
• Submit commission payouts to Payroll within established timelines.
• Update commission payment status in PS Fin.
• Prepare commission expense accruals using various Commission Reports.
• Execute commission account reconciliation for entries into ARCS.
• Reconcile commission payments and commission accruals.
• Develop and maintain Local Country Quick Reference Guides and Standard Operating Procedures.
• Create and update training materials for Local commission processes.
• Deliver training to new data controller / Business / Finance personnel when required.
• Support local testing initiatives from operational perspective.
• Provide business-as-usual (BAU) and ad hoc support including commission report generation.
• Document new requirements from local teams.
• Respond to inquiries and provide information to Finance Business Partners (FBP)
• Communicate local nuances requiring clarification in commission plan configuration.
• Manage supervisor administration re-routing as needed

Skills

Analytical skills

Attention to detail

O2C process experience

Revenue recognition knowledge

Process improvement

Education

Bachelor's degree in Finance/Accounting/Business Administration

Tools

PeopleSoft Financials

Excel

Job description

Position Summary

We are seeking a detail-oriented Commission Analyst to manage end-to-end commission processing, configuration, and reconciliation activities within our PeopleSoft Financial (hereafter PS Fin) platform. This role ensures accurate commission calculations, timely payouts, and maintains system integrity across multiple business units and geographical locations across EMEA and APAC.

Job Description

Position Summary

We are seeking a detail-oriented Commission Analyst to manage end-to-end commission processing, configuration, and reconciliation activities within our PeopleSoft Financial (hereafter PS Fin) platform. This role ensures accurate commission calculations, timely payouts, and maintains system integrity across multiple business units and geographical locations across EMEA and APAC.

Key Responsibilities

Commission System Configuration & Maintenance

• Configure commission system changes resulting from organizational structure modifications
• Input and maintain commission plans in PS Fin
• Manage commission security settings for commission earners, business approvers, supervisors, and data controllers
• Validate and input commission earner profiles with appropriate commission plan assignments
• Process guarantee and prepayment agreements in accordance with employee contractual terms

Revenue Allocation & Processing

• Ensure accurate revenue allocation assignment to the commission earners
• Execute revenue allocation batch uploads for non-CRM integrated business lines
• Manage commission group amendments on behalf of Business and Finance teams
• Generate and distribute weekly, bi-weekly, and monthly Fee Allocation Reconciliation Reports as required
• Reconcile Order-to-Cash (O2C) accruals and report discrepancies promptly

Commission Calculations & Validation

• Execute commission pool calculations for countries with pool distribution models
• Monitor commission calculation jobs and resolve discrepancy issues
• Validate commission calculations against individual employee / pool plan structures
• Process manual load activities for local requirements (including consolidated Business Unit, Incentives etc)
• Submit commission calculations to approvers through online PS Fin systems

Payment Processing & Reconciliation

• Download and validate "To Pay" commission data for Finance approval
• Submit commission payouts to Payroll within established timelines
• Update commission payment status in PS Fin
• Prepare commission expense accruals using various Commission Reports
• Execute commission account reconciliation for entries into ARCS
• Reconcile commission payments and commission accruals

Documentation & Training

• Develop and maintain Local Country Quick Reference Guides and Standard Operating Procedures
• Create and update training materials for Local commission processes
• Deliver training to new data controller / Business / Finance personnel when required
• Support local testing initiatives from operational perspective

Business Support & Reporting

• Provide business-as-usual (BAU) and ad hoc support including commission report generation
• Document new requirements from local teams
• Respond to inquiries and provide information to Finance Business Partners (FBP)
• Communicate local nuances requiring clarification in commission plan configuration
• Manage supervisor administration re-routing as needed

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field
• 3+ years experience in commission processing, financial systems administration, or related role
• Proficiency with Order to Cash process is a must, preferably PeopleSoft Financials
• Strong analytical skills with attention to detail and accuracy
• Advanced MicroSoft Excel skills
• Knowledge of revenue recognition and accrual accounting principles

Preferred Qualifications

• Experience in commercial real estate or professional services industry
• Familiarity with PeopleSoft Financials - Order to Cash process
• Project management or process improvement experience

Key Competencies

• Strong problem-solving and analytical thinking
• Excellent written and verbal communication skills
• Ability to work independently and manage priorities with tight deadlines
• Customer service orientation for internal stakeholders
• Process improvement mindset with attention to compliance requirements
• Adaptability to changing business requirements and system updates
• Flexibility to work overtime when required.
• Open to all shift timings.

This role offers the opportunity to play a critical part in ensuring accurate and timely commission processing while supporting business growth through efficient system administration and stakeholder support.