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

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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

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  • 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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