Job Description

Commission AnalystChennai, IndiaAbout the Job:The mission of the Commission Analyst is to ensure the accuracy, transparency, and timeliness of commission calculations and reporting for Vendastas diverse sales team. This role requires a high level of analytical expertise, an understanding of commission structures, and a data-driven approach to evaluating sales performance. The Commission Analyst will play a critical role in supporting and optimizing commission processes, supporting sales incentives, and providing insights that drive business decisions.Your Impact:
Commission Calculation & Administration:

• Accurately calculate and administer monthly and quarterly commissions for multiple commission plans across different sales teams using data from Vendastas in-house sales and CRM systems.
• Ensure all commissions are processed and paid in a timely manner, with transparency and consistency.
• Review and validate commission calculations, ensuring accuracy before final payouts are communicated to the sales teams.

Data Analysis & Reporting:

• Analyze commission data to assess the performance of sales teams, identify trends, and evaluate the effectiveness of current commission plans.
• Generate detailed reports on commission payouts and performance metrics for sales leadership, finance, and business stakeholders.
• Provide insights and recommendations based on the analysis of commission payments and sales performance to optimize incentive structures.

Process Optimization & Commission Plan Modeling:

• Collaborate with finance and sales operations teams to refine and optimize existing commission structures, ensuring they align with business objectives and motivate high-performing sales behavior.
• Model and propose new commission plans or adjustments to existing plans, ensuring that they are scalable and effectively support organizational growth.

Cross-Functional Collaboration & Communication:

• Serve as a key point of contact for sales teams regarding commission inquiries, providing clear and timely communication on commission structures, calculations, and payouts.
• Work closely with cross-functional teams including finance, sales, and IT to ensure data integrity and streamline commission processes.
• Collaborate on special projects such as mergers and acquisitions (M&A), integrating new teams and adapting commission structures as needed.

What you bring to the table:

• Commission structures & sales incentives
• Advanced data analysis & reporting
• Process optimization & modeling
• Cross-functional collaboration & excellent communication skills
• 3-5+ years of experience in Finance, Economics, or a related field: Preferably within a SaaS or technology environment.
• Bachelors degree preferred (Business Administration, Finance, Economics or a related field preferred).

About Vendasta:So what do we do? We create an entire platform full of digital products & solutions that help small to medium-sized businesses (SMBs) have a stronger presence online through digital advertising, online listings, reputation management, website creation, social media marketing xe2x80xa6 and much more! Our platform is used exclusively by channel partners, who sell products and services to SMBs, allowing them to leverage us to scale and grow their business. We are trusted by 65,000+ channel partners, serving over 6 million SMBs worldwide!Perks:

• Stock options (as per policy)
• Benefits - Health insurance
• Paid time offs
• Public transport reimbursement
• Flex days
• Training & Career Development - Professional development plans, leadership workshops, mentorship programs, and more!
• Free Snacks, hot beverages, and catered lunches on Fridays
• Culture - comprised of our core values: Drive, Innovation, Respect, and Agility
• Provident Fund

Vendasta