Commissions Specialist I

American Business Forms Inc

Glenwood (MN)

On-site

USD 55,000 - 75,000

Full time

10 days ago

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Job summary

American Business Forms Inc is seeking a Commission Specialist to ensure accurate commission and rebate calculations across our systems and agreements. You will validate daily results, resolve discrepancies, and maintain related reports and processes to support financial controls and strategic objectives.

The role collaborates with Sales Operations and other finance teams to optimize commission structures, process manual entries when needed, and administer onboarding and termination of

Qualifications

  • High school diploma or equivalent with five years experience in business, accounting and/or finance
  • Preferred: Associate degree in accounting with related experience
  • Working knowledge of accounting principles and GAAP
  • Proficiency in Microsoft Office and ERP/GL software

Responsibilities

  • Complete validations and daily system processes to populate commission results.
  • Analyze daily data results and correct miscalculations; maintain reports.
  • Prepare and process manual commission entries as required.
  • Implement and maintain rebate and GP split agreements with approvals.
  • Partner with Sales for optimal commission structures and non-standard rebates.
  • Assist SOS and ACES with rebate options, setup, reporting and payments.
  • Administer commission setup for onboarding and offboarding.
  • Maintain reporting related to associate acquisition payments.
  • Respond to inquiries about commissions, expenses, ledgers, payroll and related matters.
  • Assist with testing and validation of system enhancements and projects.
  • Manage daily, weekly, monthly and ad-hoc tasks related to commissions and rebates.

Skills

Attention to detail
Multi-tasking
Problem solving
Confidentiality
Teamwork

Education

High School diploma + 5 years experience in finance/accounting
Associate degree in accounting (preferred)

Tools

Microsoft Excel
Microsoft Word
Microsoft Outlook
ERP/GL system

Job description

The Commission Specialist is responsible for ensuring accurate commission and customer rebate calculations by leveraging enterprise operating systems and maintaining appropriate agreements for all commission and rebate setups. This role oversees the daily processing of commission calculations, validates subsystem results, and ensures alignment with organizational policies, financial controls, and strategic objectives.Essential Duties and Responsibilities include the following:Complete validations and daily system processes to populate commission results from our commission subsystem to the General Ledger/ERP system.Analyze daily data results from commission sub-module, identify and correct miscalculations or inaccuracies; maintain related reports and system applicationsPrepare and process manual commission entries as requiredImplement, update, and maintain all rebate and gross profit (GP) split agreements, ensuring appropriate approvals, signatures are electronic filingPartner with sales associates to determine optimal commission or rebate structures to support business needs; initiate and maintain agreements for non-standard GP or rebate splits outside the standard commission model outlined in work agreements.Assist Sales Operation Support (SOS) and ACES with analysis and system capabilities to determine customer rebate options; including rebate setup, reporting, payments and agreement documentationAdminister commission setup, maintenance, and deactivation related to onboarding new Sales Associates and separation of existing Associates.Maintain and provide reporting related to Sales Associate acquisition paymentsProvide secondary support to Sales Associates and home office personnel by responding to inquiries related to commissions, expenses, ledgers, payroll, operating expense statements, other commission-related matters; prepare financial reports as requested needed.Assist with testing and validation of commission system enhancements and other finance-related projectsManage daily, weekly, monthly and ad-hoc tasks related to commission and rebate reporting, calculations, payments and setup; tracked through MS Outlook calendar reminders.Other duties as assignedSUPERVISORY RESPONSIBILITIESNo supervisory responsibilities.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EDUCATION and/or EXPERIENCERequired: High School diploma or the equivalent with five years’ experience in business, accounting and/or finance or equivalent combination of education and experience. Preferred: Associate degree in accounting with a minimum of one-year related experience or equivalent combination of education and experience.This position requires a working knowledge of accounting principles and practices and a knowledge of technical accounting skills.CORE COMPETENCIESAttention to detail and accuracy; planning and organizing; ability to multi-task; problem analysis and problem-solving skills; initiative; teamwork; confidentiality. Competency in Microsoft applications; word, outlook with a higher level, working knowledge of excel.LANGUAGE SKILLSAbility to read and interpret various financial documents. Ability to write routine reports and correspondence. Ability to speak effectively before groups of management, sales associates, or employees of organization.REASONING ABILITYAbility to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral and/or diagram form.PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is frequently required to sit.WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.The noise level in the work environment is usually quiet.AA/EEO/Vet/Military
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