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- Tasks: Calculate commissions and bonuses for the sales team while ensuring data accuracy.
- Company: SThree connects top STEM talent with dynamic organisations globally, shaping the future together.
- Benefits: Enjoy flexible working, competitive salary, 28 days holiday, and wellness support.
- Why this job: Join a collaborative team focused on process improvement and making a real impact in the business.
- Qualifications: Strong Excel skills and experience with commission schemes are essential; a degree is preferred.
- Other info: We value diversity and are committed to equitable processes for all applicants.
The predicted salary is between 36000 - 60000 £ per year.
SThree are delighted to announce that we are recruiting for a talented full-time Commission and Bonus Analyst to join our team at SThree, on a permanent basis. All potential applicants are encouraged to scroll through and read the complete job description before applying.
The primary responsibility of the Commission & Bonus Finance Analyst is to ensure that commission information is up to date and accurately calculate commissions for the sales team. The C&B Analyst will ensure that the sales data and the relevant personal information is up to date before working on the commission and bonus calculations. In addition, where necessary, ensuring that any Target changes are signed off and preserve integrity. They will also manually calculate any additional incentives, contribute to scheme design to ensure salespeople are focused on the optimum behaviour and generate & send commission information to payroll for payment.
Examples of key responsibilities include:
- Help to ensure a smooth delivery of all commission and bonus calculations and payments, including target setting and facilitation of automated commission schemes within Xactly Incent, the Group incentive compensation system.
- Target setting and calculation of non-automated commission and bonus schemes.
- Validation and processing of manual claims.
- Performing manual adjustments.
- Modelling and scenario testing for new and changing schemes.
- Presentation of results for quarterly Bonus & Commission awards to Senior Stakeholders in Finance and Sales prior to administering the payments.
- Work as a team to resolve complex queries from the business regarding payments, schemes & processes.
- Meet SLAs and act swiftly to oversee the achievement of agreed targets.
- Work with other Operations teams to improve the quality of the data flow through the E2E finance and commissions systems including Mercury, D365/SAP and Xactly systems.
- Contribute to process improvements and efficiency; work with the Continuous Improvement Team to better utilise and develop the systems and technology available such as Power BI, SAP BI and Xactly.
- Work to ensure the Group Commission and Bonus team has an excellent reputation with the wider business.
- Regularly report on commissions & Bonus as requested by the Regional Financial Controller, Sales & Finance leadership, including the Regional Finance Business Partners, Managing Director and Sales Directors.
Knowledge, Skills & Experience:
- Familiar with the Microsoft suite of programs, in particular strong Excel skills (Essential).
- Demonstrated ability to work with multiple stakeholders (e.g. sales management) and internal customers (e.g. salespeople) effectively (Essential).
- Experience with commission schemes and calculations; Payroll and particularly Accounting function experience (Desirable).
- Experience in a global organisation (Desirable).
- Demonstrated experience of maintaining a system (e.g. Xactly) (Desirable).
- Salesforce/Mercury or other CRM experience from a user and back-office perspective (Desirable).
- Bachelors degree or equivalent work-experience.
In return for your commitment, we offer a range of benefits including:
- The choice to work flexibly from home and the office, in line with our new hybrid working principles.
- Competitive salary and bonus.
- 28-day holiday allowance plus bank holidays, which can be taken at a time of your choosing (except for Christmas Day, Boxing Day and New Year's Day, which are fixed).
- Annual leave purchase scheme.
- Five days paid Caregiver/Dependant leave per annum.
- Five paid days off per year for volunteering.
- Competitive family care policy.
- Financial, physical and mental well-being support.
- Private health care (after qualifying period).
- Company shares option.
- Access to a range of retail discounts and savings.
We are committed to ensuring that all processes are equitable, and everyone is treated with fairness and dignity where everyone belongs, is valued and connected. If you need any assistance or reasonable adjustments in submitting your application, please let us know, and we will be happy to help.
Commission & Bonus Analyst employer: SThree Management Services
Contact Detail:
SThree Management Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commission & Bonus Analyst
✨Tip Number 1
Familiarise yourself with commission and bonus structures, especially in a sales environment. Understanding how these systems work will help you demonstrate your knowledge during interviews and show that you're ready to hit the ground running.
✨Tip Number 2
Brush up on your Excel skills, as strong proficiency is essential for this role. Consider taking an online course or practicing advanced functions to ensure you can handle data analysis effectively.
✨Tip Number 3
Network with professionals in finance and sales roles, particularly those who have experience with commission schemes. This can provide you with insights into the industry and potentially lead to referrals.
✨Tip Number 4
Research SThree's company culture and values. Being able to articulate how your personal values align with theirs during the interview can set you apart from other candidates.
We think you need these skills to ace Commission & Bonus Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Commission & Bonus Analyst position at SThree. Understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise any experience you have with commission schemes, payroll, and accounting functions. Mention specific tools like Xactly or Salesforce if you have used them, as these are desirable skills for the role.
Showcase Your Skills: Make sure to highlight your strong Excel skills and your ability to work with multiple stakeholders. Provide examples of how you've successfully managed complex queries or improved processes in previous roles.
Craft a Compelling Cover Letter: Write a personalised cover letter that explains why you are interested in the position and how your background aligns with SThree's values and mission. Be sure to mention your commitment to equity and community, as these are important to the company.
How to prepare for a job interview at SThree Management Services
✨Showcase Your Excel Skills
As a Commission & Bonus Analyst, strong Excel skills are essential. Be prepared to discuss your experience with Excel during the interview, and consider bringing examples of how you've used it in previous roles to solve problems or streamline processes.
✨Understand Commission Schemes
Familiarise yourself with different types of commission schemes and calculations. Be ready to explain how you would approach calculating commissions and bonuses, and share any relevant experiences you have had in this area.
✨Demonstrate Stakeholder Management
This role requires effective communication with multiple stakeholders. Prepare examples of how you've successfully collaborated with sales teams or other departments in the past, highlighting your ability to resolve complex queries and maintain strong relationships.
✨Emphasise Process Improvement Experience
SThree values efficiency and process improvements. Think about times when you've contributed to enhancing systems or processes in your previous roles, and be ready to discuss how you can bring that mindset to the Commission & Bonus team.
