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- Tasks: Manage sales commissions process and ensure accurate calculations and payments.
- Company: Join a dynamic team in a leading finance firm in London.
- Benefits: Competitive pay, flexible working hours, and valuable experience.
- Other info: Opportunity for growth and learning in a supportive team.
- Why this job: Make an impact in a fast-paced environment while honing your finance skills.
- Qualifications: Degree in Finance or Accounting and 2-3 years of relevant experience.
The predicted salary is between 30000 - 40000 £ per year.
Seeking an experienced Commissions Analyst for a 3-month contract role in London. This position owns the end-to-end sales commissions process, ensuring accurate, timely and compliant commission calculations and payments across a global sales function.
Key Responsibilities
- Own monthly and year-end commissions calculations and payouts.
- Administer and maintain the commissions system (SPM tool), including plan setup, reconciliations and payroll alignment.
- Ensure data accuracy across sales bookings, quotas and attainment data sourced from CRM systems.
- Act as the primary contact for commission queries and stakeholder support.
- Prepare and validate monthly commission accruals in line with accounting standards.
- Produce clear reporting and analysis for Finance and Sales leadership.
- Support commission plan modelling, system updates and process improvements.
- Drive automation and efficiency, including appropriate use of AI tools.
- Maintain documentation and support audit and control requirements.
Experience Required
- Degree in Finance, Accounting or similar.
- 2-3 years' experience in commissions or sales compensation.
- Experience using a Sales Performance Management (SPM) tool.
- Strong understanding of commission accounting principles.
- Advanced Excel / spreadsheet skills and experience working with CRM data.
- Able to work independently in a fast-paced, data-driven environment.
To be considered for the role, candidates must be available to start the role immediately.
Commissions Analyst - London (3 Month Contract) | London, UK employer: Marks Sattin Ltd
Contact Detail:
Marks Sattin Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commissions Analyst - London (3 Month Contract) | London, UK
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and sales sectors. Let them know you're on the lookout for a Commissions Analyst role. You never know who might have the inside scoop on opportunities!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of commission accounting principles and SPM tools. We recommend practising common interview questions related to commissions and data analysis to show off your expertise.
✨Tip Number 3
Don’t forget to showcase your Excel skills! Bring examples of how you've used advanced spreadsheet functions in past roles. This will help you stand out as a candidate who can handle the data-driven aspects of the job.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re here to support you throughout the process, so don’t hesitate to reach out if you need any help.
We think you need these skills to ace Commissions Analyst - London (3 Month Contract) | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commissions Analyst role. Highlight your experience with commission calculations, SPM tools, and any relevant finance qualifications. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the key responsibilities listed in the job description. Let us know why you’re excited about joining our team!
Showcase Your Data Skills: Since this role involves a lot of data handling, make sure to highlight your advanced Excel skills and any experience with CRM systems. We love seeing candidates who can demonstrate their ability to work independently in a data-driven environment.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our platform!
How to prepare for a job interview at Marks Sattin Ltd
✨Know Your Numbers
As a Commissions Analyst, you'll be dealing with a lot of data. Brush up on your understanding of commission calculations and accounting principles. Be ready to discuss how you've handled similar tasks in the past, and maybe even bring examples of reports or analyses you've produced.
✨Familiarise Yourself with SPM Tools
Since this role involves administering a Sales Performance Management tool, make sure you know the ins and outs of any SPM tools you've used before. If you can, research the specific tool mentioned in the job description and be prepared to talk about how you've used it to drive efficiency and accuracy in commission processes.
✨Showcase Your Excel Skills
Advanced Excel skills are a must for this position. During the interview, be ready to discuss specific functions or formulas you frequently use. You might even want to prepare a quick example of how you've used Excel to solve a problem or streamline a process in your previous roles.
✨Prepare for Stakeholder Questions
You'll be the go-to person for commission queries, so think about how you would handle common questions or issues that might arise. Practice explaining complex concepts in simple terms, as you'll need to communicate effectively with various stakeholders, including Finance and Sales leadership.