At a Glance
- Tasks: Lead 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 flexible working options, competitive pay, and a vibrant company culture.
- Why this job: Join a team that empowers people and drives meaningful change through innovative technology.
- Qualifications: Bachelor’s degree and 3-5 years in commission management or finance required.
- Other info: Opportunity to work with cutting-edge software and collaborate across teams.
The predicted salary is between 43200 - 72000 £ 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. What drives us is enabling our customers to engage their people and deliver a new people experience through technology that creates smarter, more connected organizations.
We are seeking a detail-oriented and analytical Commission Director 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 Director employer: UNIT4 NV
Contact Detail:
UNIT4 NV Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commission Director
✨Tip Number 1
Familiarise yourself with Unit4's products and services. Understanding how our innovative ERP solutions empower people will help you articulate your value during discussions and interviews.
✨Tip Number 2
Network with professionals in the SaaS industry, especially those involved in sales operations or commission management. Engaging with them can provide insights into best practices and may even lead to referrals.
✨Tip Number 3
Stay updated on the latest trends in sales compensation and commission structures. Being knowledgeable about current industry standards will demonstrate your expertise and commitment to the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've optimised commission processes in previous roles. Highlighting your analytical skills and problem-solving abilities will set you apart from other candidates.
We think you need these skills to ace Commission Director
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications of the Commission Director position. Tailor your application to highlight relevant experience in commission management and sales operations.
Craft a Tailored CV: Your CV should reflect your experience in finance, accounting, or business administration, particularly within a software or SaaS environment. Emphasise your analytical skills and any relevant software proficiency, especially in commission management tools.
Write a Compelling Cover Letter: In your cover letter, explain why you're passionate about the role and how your background aligns with Unit4's mission of empowering people through innovative software solutions. Mention specific achievements related to commission structures and sales incentives.
Highlight Relevant Skills: Make sure to showcase your advanced Excel skills, attention to detail, and ability to collaborate across teams. Provide examples of how you've successfully managed commission processes or resolved disputes in previous roles.
How to prepare for a job interview at UNIT4 NV
✨Understand the Company Culture
Before your interview, take some time to research Unit4's company culture and values. Understanding their focus on empowering people and innovative software solutions will help you align your answers with what they value most.
✨Showcase Your Analytical Skills
As a Commission Director, you'll need strong analytical abilities. Be prepared to discuss specific examples from your past experience where you've successfully analysed commission structures or optimised sales incentives, highlighting your problem-solving skills.
✨Prepare for Technical Questions
Expect questions related to commission management software and financial regulations. Brush up on your knowledge of relevant tools and compliance guidelines, as well as any industry trends that could impact commission strategies.
✨Demonstrate Collaboration Skills
This role requires working closely with finance, sales, and HR teams. Be ready to share examples of how you've effectively collaborated across departments in previous roles, showcasing your communication and interpersonal skills.