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Operational and Compensation Analyst

Job Title: Operational and Compensation Analyst
Contract Type: Contract
Location: Reading, Berkshire
Industry:
Salary: Up to £35000.00 per annum
Start Date: asap
Reference: 72330-FINAN-KAB_1535016398
Contact Name: Karen Brown
Contact Email: karen.brown@volt.eu.com
Job Published: August 23, 2018 10:26

Job Description

My Client, a major technology company are looking for an operational Compensation Analyst
In Incentive Compensation our goal is to enable the Company to achieve profitable and sustainable growth by driving the incentive compensation program. We deliver valuable business insight in an environment where people are challenged, inspired and empowered to do their best work. Come join us, and be part of the team that is responsible for developing and administering compensation programs that support our strategic goals, and help develop compensation programs that keep us competitive.

Division: Operations
Our global Operations team is responsible for the strategy and execution of our supply chain solutions and sales readiness. This includes licensing and invoicing, incentive compensation, field sales readiness and communications, and sales business planning.

Group: Field Operations, WW Incentive Compensation
The Field Operations organisation provides programs and services designed to improve our worldwide Sales organisations success and execution. The mission of the Field Operations group is to be recognised by our Sales organisation, Segments, and Business Groups as a strategic partner.

In Incentive Compensation we are responsible for designing incentive compensation plans which are aligned with strategic business objectives that both motivate and reward talent. We are also responsible for policy development and implementation of all metric-based compensation plans. We implement incentive compensation plans with a focus on execution excellence and timely and accurate payments to all plan participants. We support compensation programs for over 20,000 people around the world and this role specifically focuses on the implementation, support and training related to incentive compensation programs for participants in incentive programs.

Section B: 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 analysing 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
·Participants Set up and Quota assignment
·Segment & Account based territory creation
·Accounts maintenance
·Report Refresh
·Quota Audits
·Revenue Reconciliations
·Manual Revenue Adjustments
·Quota Adjustments
·Bonus Calculation & Submitting to payroll
·Resolve to seller enquiries within SLA


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
- Proficiency using Microsoft Excel
- Detailed oriented & thorough
- Excellent planning and time management skills, the ability to simultaneously manage multiple projects with aggressive time lines and be able to prioritise work accordingly


Preferred qualifications include:
- Industry knowledge in High-Tech
- Incentive compensation experience
- Familiarity with a sales culture environment, strong business acumen


Interviews will be held 5th and 7th September