- Ensures timely and accurate variable/incentive payouts and SPIFFs by performing day to day required processes, including analysis, data mapping and audits to ensure sellers are paid correctly. Plus, identifying ways to improve the quality and productivity to gain efficiency and data integrity.
- This includes timely management of associate changes, transaction details, SPIFF, audit, data mapping, payroll approval and submission and explanation of compensation statements.
- Resolving crediting inquiries by adhering to plan guidelines and following all controls and mandatory plan governance to ensure well-founded decision-making and administration.
- Foster strong relationships with the immediate team, business line partners and sales teams.
- Understand and support business partners requirements for Incentive Compensation plans and assist in the management of system setups and processes needed to support those requirements.
- Help manage ICM tool (Varicent) data as needed. Monitor ICM system loads and escalate issues as needed for support.
- Review and understand Inmar's Variable/Incentive Compensation Plans and how personnel are compensated with respect to positions and basis of measurement.
- Manage the Varicent ICM tool for teams/Line of Business(s) supported.
- Facilitate ongoing educational sessions on variable plans at all levels of the teams/divisions supported.
- Ensure timely and accurately variable/sales incentives administration and issue resolution.
- Bachelor Degree, Accounting, Finance or other related Business discipline.
- 3+ years of variable/incentive compensation administration experience in a mid to large company.
- 3+ years experience with business processes and leading practices relating to variable/incentive plans/admin.
- 3+ years experience with Incentive Compensation Management Systems (Varicent preferred).
- 3+ Business/payout analysis, data mapping, requirements/data gathering skills.
- Strong Google Suite skills preferred or Advanced Microsoft Excel experience (Vlookups).
- Strong communication and relationship building skills.
- Detail-oriented with the ability to multi-task and work in a fast-paced environment with an overall commitment to quality and accuracy with the ability to prioritize to meet key deadlines.
- Ability to "take the lead" in researching and revolving compensation issues as needed.
- Ability to take ownership of special projects and effectively delivery positive results
- CIS (Certified Incentives Specialist) Certification Preferred
- Teamwork: Builds relationships and works cooperatively with others, inside and outside the organization, to accomplish objectives to build and maintain mutually beneficial partnerships, leverage information and achieve results.
- Adaptable: Responds to change with a willingness to learn new ways to accomplish work objectives with a positive attitude.
- Curious: A desire to inquire and learn, to seek new knowledge and wisdom, and to listen to the contributions of others with a genuine interest to better self, the team, and the organization.
- Analytical and
- Problem Solving: Gathers and analyzes information to generate and evaluate potential solutions to problems, issues and challenges while weighing the accuracy and relevance of the facts, data and information.
- Communication: Giving and receiving messages and information in written, oral, and visual formats concisely for a complete understanding of meaning and intent.
- Effective Execution: Gathers and analyzes information to generate and evaluate potential solutions to problems, issues and challenges while weighing the accuracy and relevance of the facts, data and information.
- Regularly required to use hands to finger, handle or feel objects, tools or controls, and reach with hands or arms.
- Regularly required to talk or hear and read instructions on a computer monitor and/or printed on paper.
- Regularly required to view items at an extremely close range and must be able to adjust and readjust focus.
- Regularly required to remain in a stationary position.
- Put clients first and consistently display a positive attitude and behaviors that demonstrate an awareness and willingness to listen and respond to clients in order to meet their short-term and long-term needs, requirements and exceed their expectations.
- Treat clients and teammates with courtesy, consideration and tact; you also can perceive the needs of internal and external clients and communicate effectively with the objective of delighting and retaining the client.
- Build collaborative relationships and work cooperatively with others, inside and outside the organization, to accomplish objectives, develop and maintain mutually beneficial partnerships, leverage information and achieve results.
- Set and attain achievable, yet aggressive, goals with a sense of urgency and accountability.
- Understand that results are important and focus on turning mission into action to achieve results following the principles of agile, dynamic execution while consistently complying with quality, service and productivity standards to meet deadlines and exceed expectations by giving our clients the best possible outcome.
- Support a safe work environment by following safety rules and regulations and reporting all safety hazards.
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Variable Compensation Analyst - Phoenix, United States - Longwood University
Description
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The Variable/Incentives Compensation Analyst performs tasks of an operational nature as an integral member of the Inmar Centralizes Sales Compensation Team.
This analyst position provides key variable compensation support to the functional areas or teams they are assigned, to ensure sales compensation results and pays are correct and aligns to the intent of the sales comp plan design.
Primary Accountabilities:
Operational (80%)
Required Qualifications:
Preferred Qualifications:
Critical Thinking:
Ability to tackle a problem by using a logical, systematic, sequential approach.
The physical demands described here are representative of those that must be met by an associate to successfully perform the major job responsibilities (essential functions) of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the major job responsibilities.This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job.
Duties responsibilities and activities may change, or new ones may be assigned at any time with or without notice.While performing the duties of this job, the associate is:
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