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For Companies At a Glance
- Tasks: Analyse data to drive sales strategies and improve business outcomes.
- Company: Join Thomson Reuters, a global leader in trusted journalism and information.
- Benefits: Enjoy flexible work options, competitive benefits, and career development opportunities.
- Why this job: Be part of an inclusive culture that values collaboration and social impact.
- Qualifications: Strong analytical skills and proficiency in Excel and BI tools are essential.
- Other info: Opportunity to contribute to meaningful projects and make a real-world impact.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a curious, critical-thinking Commercial & Incentives Analyst to join our Commercial Excellence team at Reuters. In this role, you will be expected to acquire a deep understanding of the business and work closely with cross-functional teams to deliver the core building blocks that motivate Sales and facilitate growth across the business.
About the Role
- Data Analytics & Decision Support: Leverage data visualization tools (like Power BI and Tableau) to transform sales performance metrics into actionable insights, driving strategic decisions for senior management. Design, develop, and maintain comprehensive reporting tools and dashboards that provide real-time data to Sales and leadership. Deliver insightful analyses to guide GTM strategies, uncover growth opportunities, and improve business outcomes (e.g., sales participation, white space, pipeline health). Analyze and interpret business performance, making recommendations for improvements in policy, resource allocation, and operations/processes.
- Commissions & Incentives: Assist in implementing and refining sales compensation plans, including account segmentation, resource allocation, territory assignment, and quota setting. Collaborate with Finance to ensure accurate and timely commission payouts, addressing discrepancies effectively. Identify opportunities to reduce manual processes and improve the efficiency of quarterly commission cycles. Champion best practices in data management and reporting to enhance our approach continually.
About You
- Advanced proficiency in Excel, PowerPoint, and Business Intelligence tools such as Power BI & Tableau.
- Strong analytical skills that distill complex data into strategic insights and narratives that drive action.
- Effective communication skills to convey ideas clearly to stakeholders across various levels.
- Ability to manage multiple projects, prioritize effectively, and maintain high-quality results.
- Familiarity with CRM software and experience in commercial or sales analytics is a plus but not required.
- Confidence to challenge the status quo.
- Proactive, fast acting, and competitive mindset.
What’s in it for you?
- Hybrid Work Model: Flexible hybrid environment (2-3 days in the office) for roles based at the office, ensuring a connected experience.
- Flexibility & Work-Life Balance: Supportive policies like Flex My Way, work from anywhere up to 8 weeks/year, and resources for personal wellbeing.
- Career Development: Continuous learning culture, Grow My Way programs, and a focus on skills development for future leadership.
- Competitive Benefits: Flexible vacation, mental health days, wellness resources, retirement plans, tuition reimbursement, and incentive programs.
- Culture: Inclusive, award-winning environment emphasizing values like customer obsession, agility, and collaboration.
- Social Impact: Paid volunteer days, pro-bono projects, ESG initiatives, and community involvement opportunities.
- Making a Real-World Impact: Contributing to justice, truth, and transparency globally through trusted journalism and information.
About Us
Thomson Reuters combines trusted content and technology to empower professionals in legal, tax, accounting, compliance, government, and media sectors. With 26,000 employees worldwide, we foster a culture of objectivity, fairness, and transparency, committed to diversity and inclusion. Join us to help shape industries that move society forward. We are an Equal Employment Opportunity Employer, providing accommodations for individuals with disabilities and religious beliefs.
Commission & Incentives Analyst - Reuters employer: TRSS
Contact Detail:
TRSS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commission & Incentives Analyst - Reuters
✨Tip Number 1
Familiarise yourself with data visualisation tools like Power BI and Tableau. Consider taking a short online course or tutorial to enhance your skills, as this will not only boost your confidence but also demonstrate your commitment to the role.
✨Tip Number 2
Network with current or former employees at Reuters, especially those in similar roles. Engaging in conversations can provide you with valuable insights into the company culture and expectations, which can help you tailor your approach during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've used data analytics to drive business decisions in your previous roles. Being able to articulate your thought process and the impact of your analyses will set you apart from other candidates.
✨Tip Number 4
Stay updated on industry trends related to sales compensation and incentives. Showing that you are knowledgeable about current best practices and innovations in the field can impress interviewers and highlight your proactive mindset.
We think you need these skills to ace Commission & Incentives Analyst - Reuters
Some tips for your application 🫡
Understand the Role: Before applying, take the time to thoroughly understand the responsibilities and requirements of the Commission & Incentives Analyst position. Familiarise yourself with key terms like data analytics, sales compensation plans, and business intelligence tools.
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the job description. Emphasise your proficiency in Excel, Power BI, and Tableau, as well as any analytical projects you've worked on that demonstrate your ability to derive insights from data.
Craft a Compelling Cover Letter: Write a cover letter that showcases your curiosity and critical thinking skills. Use specific examples to illustrate how your background makes you a great fit for the role and how you can contribute to the Commercial Excellence team at Reuters.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for this analytical role.
How to prepare for a job interview at TRSS
✨Showcase Your Analytical Skills
As a Commission & Incentives Analyst, you'll need strong analytical skills. Be prepared to discuss specific examples of how you've used data analytics in previous roles. Highlight your experience with tools like Power BI and Tableau, and be ready to explain how you transformed complex data into actionable insights.
✨Demonstrate Effective Communication
Effective communication is key in this role. Practice explaining your past projects and analyses clearly and concisely. Think about how you can convey complex ideas to stakeholders at different levels, as this will be crucial in your collaboration with cross-functional teams.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Prepare to discuss how you would handle discrepancies in commission payouts or improve the efficiency of commission cycles. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Research the Company Culture
Understanding Reuters' culture is essential. Familiarise yourself with their values, such as customer obsession and collaboration. Be ready to discuss how your personal values align with theirs and how you can contribute to their inclusive and innovative environment.
