Operational Compensation Analyst
- Recruiter
- Brook Street
- Location
- Reading, Berkshire, England
- Salary
- £25000 - £32000 per annum + Benefits, Pension, Bonus
- Posted
- 12 Jun 2018
- Closes
- 10 Jul 2018
- Ref
- 80731-1
- Contact
- Reading Professional
- Sectors
- IT, Business Analysis
- Contract Type
- Contract
- Hours
- Full Time
Brook Street are currently working on behalf of our Global IT client to recruit a Operational Compensation Analyst. This is a contract role until June 2019 initally ( max of 18 months in total)
Job Description
The Operational Compensation Analyst is responsible for managing data to support the incentive compensation process. This includes implementing the compensation plans using internal tools, managing the group's quotas, revenue and HR data, providing general support of the plan to the sales force and Field Compensation Advisor (FCA).
The role will also be responsible for calculating bonus payments, inputting and analyzing data for quota setting and implementing revenue and quota adjustments for bonus payouts in internal compensation tools. Cooperates with the FCA to ensure on-time payment of incentive bonuses to plan participants and quota set up.
The analyst has a key role to play in the monthly rhythm of the business cycle to ensure high accuracy of data is maintained for sales participants to support operational excellence.
Key Responsibilities
Execute a group of key Core Tasks
* Revenue Reconciliations
* Quota View creation and population
* Segment Based territory creation
* Account based territory creation
* Participant creation and maintenance
* Accounts maintenance
* Report Refresh
* Quota Audits
* Manual Revenue Adjustments
* Quota Adjustments
Other responsibilities include but are not limited to:.
* Manage the ongoing link between sales quotas and territories, roles, and personnel information.
* Ensure all data in systems are up to date and reflect all changes needed.
* Help monitor and validate revenue and quota data integrity and accuracy to ensure correct and equitable payouts.
* Provide data support as required by FCA
Core competencies:
* Analytical Problem Solving - Systematically considers the implications of problems and solutions in more than one domain at a time and does not solve a problem in one domain in a way that causes a problem in another.
* Communication - clear communication skills both written & verbal.
* Confidence - Acts confidently in uncertain circumstances; works effectively in ambiguous situations.
* Cross-Boundary Collaboration - Seeks support for collaborative activities from managers; Impact and Influence - anticipates others' reactions and adjusts approach accordingly.
Basic qualifications include (specific to each area):
* Bachelor's degree an advantage but not essential.
* Proven background in a finance setting.
Preferred qualifications include:
* Proficiency using Microsoft Excel
* Industry knowledge in High-Tech
* Incentive compensation experience.
* Familiarity with a sales culture environment, strong business acumen.
* Detailed oriented & thorough.
* Excellent planning and time management skills, the ability to simultaneously manage multiple projects with aggressive timelines and be able to prioritize work accordingly.
As a Brook Street contractor you will be entitled to 25 days holiday per annum, 8 days paid Bank Holidays, discounted gym membership, use of the onsite health facility, access to online learning and training, free parking and an excellent subsidised restaurant.
Salary: up to £32,000 per annum depending on experience plus benefits
Location: Reading
Shortlisting Deadline: Ongoing