Compensation Specialist

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πŸ”₯ 15 minutes ago

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Logo of MillenniumSoft Inc

MillenniumSoft Inc

51 - 200 employees

Founded 1999

🎯 Recruiter

🀝 B2B

Recruitment β€’ B2B

MillenniumSoft Inc. is a Virginia-based staffing and recruiting firm that provides end-to-end (360-degree) human resources solutions to enterprise and government clients. The company offers contingent/temporary staffing, direct placement of professionals and consultants, in-house HR services, specialized staffing/consulting, and staffing for IT support and application development roles. MillenniumSoft also lists services in quality assurance, project and program management, ERP/CRM implementations, database administration, infrastructure and security maintenance, and other IT-related placements. It serves multiple verticals including communications, manufacturing/mobile application development, IT, financial services, energy, medical devices, healthcare/pharmaceuticals, and media/entertainment; has federal and state government contracting experience; and is E-Verified and WBE-certified in Virginia.

πŸ“‹ Description

β€’ Reporting to the Sr Manager- Incentive Compensation, the main function of Analyst, IC Administration is to timely and accurately process sales incentives for the various sales team across US Region. β€’ This includes administering compensation plans and creating/updating logic in the Xactly Incent compensation system, working with business partners to obtain crucial data for processing, diligently working with HR to meet deadlines and track new hires/terms, generating revenue reports through reporting tools such as QlikView necessary for monthly processing, working with complex formulas in Excel, and providing excellent service by resolving/researching rep’s inquiries in a timely manner. β€’ Calculate sales commissions according to sales compensation plans and policies, ensuring commission and bonus calculations are done accurately and in a timely manner. β€’ Update sales compensation system with actual sales results, individual quotas, employee information, and compensation plan information. β€’ Answer and resolve commission questions and issues from their assigned Sales team. β€’ Provide support and ad hoc reports for senior team members. β€’ Build and maintain annual compensation plan models within the Xactly Incent compensation system. β€’ Validating sales data for accuracy and consistency with the Compensation Program guidelines, as defined in the annual planning process and the Comp Plan T&Cs. β€’ Assisting with the distribution of individual Compensation Plans and collection of their plan agreements.

🎯 Requirements

β€’ Bachelor’s degree required. β€’ 3-5 years’ experience in FP&A, commissions, accounting, or sales operations. β€’ Advanced proficiency in Microsoft Excel is required. β€’ Knowledge of or willingness to learn Xactly Incent, and ability to leverage the platform for business needs. β€’ Strong verbal and written communication skills. β€’ Must have strong presentation ability. β€’ Excellent organizational ability and time management skills. β€’ Strong attention to detail to ensure accuracy and integrity of monthly incentives. β€’ Must be able to adapt to occasional flexible work schedule due to necessary deadlines and ad hoc reporting requirements. β€’ Ability to think independently and challenge status quo for the benefit of the business.

πŸ–οΈ Benefits

β€’ Remote (any time zone)

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