Sales Commission Analyst

Year    Hyderabad, Telangana - Secunderabad, Telangana, India

Job Description


We are looking for a Sales Commission Analyst to join our Sales Commissions, who can support in leading best-in-class sales compensation processes and activities to enable sales compensation to be a driver to support business objectives. Meets operational performance objectives, identifies, and executes on ideas that allow for continuous improvement in existing processes. Works collaboratively with internal teams and Clarivate\'s unified Sales Operations team and with key external stakeholders from sales to ensure departmental objectives are met. We work in a very collaborative environment, with flexibility on individual choice for place of work and time, our focus is more to get the deliverable as per prescribed timelines. Role- Sales Commission Analyst About You - experience, education, skills, and accomplishments . About 2 years work experience in sales incentive compensation or related discipline 3-5 years professional experience preferred. Bachelors/University level degree in related business or operations field required. MBA or equivalent master\'s degree preferred. Proven to work independently and in matrix environment. Good knowledge of compliance and basic legal knowledge. Excellent communication, influencing and presentation skills excellent negotiation skills coupled with exceptional written/verbal communication skills. Logical Thinker, excellent analytical skills and attention to detail Ability to think strategically and creatively Good overall business knowledge. Excellent organizational and time management skills. Experience in driving cross-functional initiatives Operating knowledge of all Clarivate internal policies and procedures. Technical: Must be adept in use of MS Office, particularly advanced skills in Excel skills in MS Access (or similar database application), Salesforce.com, PowerPoint, and VBA would be advantageous, internet and email order processing systems, and Salesforce.com knowledge. Callidus experience would be an added advantage. What will you be doing in this role Sales Compensation Plan Design & Execution Active participant working collaboratively with Commercial Planning, Analytics & Reporting team on transforming Business Unit (\'BU\') revenue/sales plan target into sales plan goals by territory and individual. Provide consultation on milestone requirements to ensure timely and quality execution of overall Clarivate compensation calendar, including plan reviews, and managing key milestones according to plan targets. Work with management to engage with the business at the onset and throughout the plan design including managing focus groups to ensure business feedback is incorporated in plan design. Provide analytical support to determine key performance measures and plan design have a deep understanding of how sales works and how incentive & compensation drives behaviors. Support sales management and Finance via financial modeling and scenario analysis to support the advocacy of incentive plan roll-out and communications. Create, draft and develop the compensation plan by ensuring the proper controls are in place in management of these plans. Special Incentive Plan (\'SPIFF\') Design & Execution Understand business requirements and provide support to Business or Sales SVP for modelling and partnering with Finance for special incentives SPIFFs or plan modifications during the year. Manage the SPIFFs including communication and roll-out. Commission Processing & Payment Work collaboratively with the commissions team and have a direct impact on claim validation processes. Lead the collection and validation of performance data. This represents the aggregate compensation data validated by commission processing team to perform compensation analysis. Manage compensation calculation activities which include calculating amount of incentive compensation due to each sales individual for each period. Ensure enough audit trails, reconciliations and validation processes are in place to minimize errors. Includes maintenance and storage of period calculations/templates Set-up necessary controls for adjustment management. Documenting approvals and ensuring audit trail for adjustments. System Support & Maintenance- Managing tools, forms and systems required to handle compensation calculation. Handle preliminary and final communications to distribute results of compensation analysis to sales for review and to commission processing team for payment. Advocacy & Field Support Answer individual questions about the compensation plan or compensation treatment. Research and validate relief request. Respond in timely, professional manner to ensure internal satisfaction is high and deliver \' . Acts as level 2 escalation support for commission specialist team for their related queries that this team cannot resolve. Reporting & Analysis Delivery of standard performance reporting by individual by performance metric for each period. Ensure reporting is provided to each level of sales management including addressing Winner\'s Circle and Sales Awards reporting requirement. Ad-Hoc Performance/Sales Mgmt Reporting: Provide analytical and ad-hoc support to sales management for advanced/periodic needs includes evaluating effectiveness of new performance metrics, SPIFFs, etc. Reporting Capabilities: Develop Clarivate standardized reporting package and systems & tools to use. Provide support to ensure this is aligned with business and I&C priorities. Forecasting for Sales Commission Expense: Partner with Finance to determine projected performance and resulting commission expense forecast. Policy, Process & Quality Management Policy Development - Support development of standard policies & procedures for managing new hires (ramp-ups, and guarantees), leave coverage, open territory coverage, etc. Ensure adherence to company risk policy and enforce internal controls within all processing in conjunction with local statutory and labor requirements. Process Changes: Constantly evaluate current process and making recommendations for improvement, standardization and tools. Identify and execute on ideas to drive process improvement Participate actively in change management efforts to implement Clarivate better practices, new processes process and improvements in systems and tools. Hours of Work -2 PM to 11 PM IST (Mon-Friday). Location- Noida/Hyderabad/Bangalore/Chennai. Working Model-Hybrid At Clarivate, we are committed to providing equal employment opportunities for all persons with respect to hiring, compensation, promotion, training and other terms, conditions and privileges of employment. We comply with applicable laws and regulations governing non-discrimination in all locations.

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Job Detail

  • Job Id
    JD3097212
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Hyderabad, Telangana - Secunderabad, Telangana, India
  • Education
    Not mentioned
  • Experience
    Year