AkzoNobel | Sales Incentive Analyst | Poona | Bharat | BigDataKB.com | 2023-03-05

Job Location: Poona

Job Detail:

Pay Plan Administration/Execution

• Ownership of the day to day administration and issue resolution for commission and other incentive pay processes.
• Calculates incentive award payments to incentivized personnel based on pay plan provisions.
• Performs activities needed for the design, development, implementation, communication, and administration of incentive programs, plans, policies, and quotas.
• Ensure accuracy and timeliness of incentive payments as outlined in the plan.Roles and Responsibilities
• Analyzes commission and incentive compensation reporting from various sources to validate data and research all exceptions.
• Utilize all reporting systems to compile data for payment calculation or analysis.
• Perform audits of all data sources to confirm accuracy and functionality of system/process and manage issue resolution with appropriate teams as necessary and ensure all internal audit controls are effective.
• Collaborate and assist with system integration and improvement projects.
• Consolidation of data and reporting for all types of incentive compensation, including commissions and bonuses

Trouble Shooting

• Provide timely responses and issue resolution, escalating as appropriate, to inquiries from all levels in the organization.
• Resolves reconciliation issues related to commission data and/or compensation payouts.
• Serve as Subject Matter Expert (SME) in troubleshooting and problem solving with internal departments on data and process issues.
• Execute and create incentive compensation training curriculum, content, and materials.
• Identify and support process improvement efforts that may include areas outside of immediate team.

Pay Plan Administration/Execution

• Ownership of the day to day administration and issue resolution for commission and other incentive pay processes.
• Calculates incentive award payments to incentivized personnel based on pay plan provisions.
• Performs activities needed for the design, development, implementation, communication, and administration of incentive programs, plans, policies, and quotas.
• Ensure accuracy and timeliness of incentive payments as outlined in the plan.

Reporting

• Design and implementation of reporting packages for various groups in the organization depending on business need.
• Analyze pay plan performance results, prepare standardized calculation statements, presentations, and recommendations for appropriate leadership teams, finance management and/or HR.
• Perform cost and/or trend analysis or modeling of alternative commission/incentive plan design or quota levels.

Desired Candidate Profile :

• 3+ years of Relevant Experience
• Qualifications : preferred BE , MBA , MCA , MCM
• Skills :
• Very strong analytical Skills .
• Strong Excel Skills with Basic understanding of Macros
• VBA Coding ( Good to have)
• Good Communications skills along with hands on Stake holder management

Perks and Benefits: As per the norms

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