At a Glance
- Tasks: Manage and optimise sales commission programs, ensuring accuracy and efficiency.
- Company: Unit4 is a cloud leader in people-based ERP, transforming work for service organisations.
- Benefits: Enjoy a full-time role with opportunities for growth and collaboration across teams.
- Why this job: Join a dynamic team focused on empowering people through innovative software solutions.
- Qualifications: Bachelor’s degree and 3-5 years in commission management or finance required.
- Other info: Ideal for detail-oriented individuals passionate about sales performance and analytics.
The predicted salary is between 52000 - 84000 £ per year.
Unit4 is a cloud leader in people-based ERP. We are in Business for People, empowering people in service organizations with innovative Enterprise and Business software solutions. Our solutions empower people and deliver a better people experience so they can spend time on meaningful high-value work.
We are seeking a detail-oriented and analytical Commission Manager to oversee the administration and optimization of our sales commission programs. This role requires strong financial acumen, proficiency in commission structures, and a deep understanding of sales incentives within a software company. The ideal candidate will work closely with finance, sales, and HR teams to ensure accuracy, transparency, and efficiency in commission calculations and payments.
Key Responsibilities:- Design and develop sales commission plans that align with company goals and sales strategies.
- Calculate and process monthly, quarterly, and annual commission payments accurately and on time.
- Collaborate with sales leadership and finance teams to optimize commission plans and drive performance.
- Maintain and manage commission-related data in relevant systems.
- Ensure compliance with company policies, contractual agreements, and financial regulations.
- Analyze commission trends and provide insights to improve compensation strategies.
- Address commission disputes and inquiries from sales teams, ensuring transparency and resolution.
- Conduct periodic audits to verify accuracy and prevent errors or fraud.
- Prepare and present commission reports to management, highlighting trends and insights on sales performance.
- Continuously improve commission processes to enhance efficiency and scalability.
- Serve as the point of contact for sales representatives regarding commission-related inquiries.
- Ensure compliance with legal and regulatory guidelines regarding compensation and incentives.
- Continuously monitor industry trends and best practices in sales compensation to recommend improvements.
- Train and educate sales teams on commission structures and processes.
- Bachelor’s degree in finance, accounting, business administration, or a related field.
- 3-5 years of experience in commission management, sales operations, or finance within a software/SaaS company.
- Strong understanding of sales commission structures, variable compensation plans, and revenue recognition principles.
- Proficiency in commission management software and CRM systems.
- Advanced Excel skills and experience working with financial data.
- Exceptional analytical and problem-solving abilities.
- Excellent communication and interpersonal skills to collaborate across teams.
- High level of accuracy, attention to detail, and ability to meet tight deadlines.
- Knowledge of relevant accounting and compliance regulations.
- Experience with SaaS business models and revenue operations.
- Familiarity with data visualization tools (e.g. Power BI) for commission reporting.
- Certification in financial or sales operations (e.g., Certified Sales Compensation Professional - CSCP) is a plus.
Commission Manager employer: Unit4 Teta
Contact Detail:
Unit4 Teta Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commission Manager
✨Tip Number 1
Familiarise yourself with Unit4's products and services. Understanding their cloud-based ERP solutions will not only help you in interviews but also demonstrate your genuine interest in the company and its mission.
✨Tip Number 2
Network with current or former employees of Unit4 on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations for the Commission Manager role.
✨Tip Number 3
Stay updated on industry trends related to sales commission structures and SaaS business models. This knowledge will allow you to speak confidently about how you can contribute to optimising commission plans during interviews.
✨Tip Number 4
Prepare to discuss specific examples from your past experience that highlight your analytical skills and problem-solving abilities. Being able to articulate how you've successfully managed commission programs will set you apart from other candidates.
We think you need these skills to ace Commission Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Commission Manager position at Unit4. Understand the key responsibilities and qualifications required, so you can tailor your application accordingly.
Tailor Your CV: Customise your CV to highlight relevant experience in commission management, sales operations, or finance within a software/SaaS environment. Emphasise your analytical skills and any specific achievements related to commission structures.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Unit4's mission and how your background aligns with their goals. Mention specific experiences that demonstrate your ability to design and optimise commission plans.
Highlight Relevant Skills: In your application, be sure to emphasise your proficiency in commission management software, advanced Excel skills, and any experience with data visualisation tools. These are crucial for the role and will set you apart from other candidates.
How to prepare for a job interview at Unit4 Teta
✨Understand Commission Structures
Make sure you have a solid grasp of various commission structures and how they work within a software company. Be prepared to discuss your experience with different compensation plans and how they align with sales strategies.
✨Showcase Analytical Skills
As a Commission Manager, analytical skills are crucial. Be ready to provide examples of how you've used data analysis to optimise commission plans or resolve disputes. Highlight any tools or software you've used for this purpose.
✨Communicate Effectively
Excellent communication is key in this role. Prepare to demonstrate how you've collaborated with finance, sales, and HR teams in the past. Think of specific instances where your communication skills helped resolve issues or improve processes.
✨Stay Updated on Industry Trends
Familiarise yourself with current trends in sales compensation and SaaS business models. During the interview, mention any recent developments you've come across and how they could impact commission management at Unit4.