Description
Responsibilities
Key ResponsibilitiesSales Commissions Administration
- Calculate and validate monthly and quarterly sales commission payouts in accordance with approved compensation plans
- Maintain commission plans, quotas, rates, and crediting rules in the commissions system
- Resolve commission inquiries and disputes in a timely and professional manner
- Ensure accurate sales crediting and alignment with CRM (e.g., Salesforce)
Accruals & Financial Reporting
- Prepare and book monthly sales commission accruals
- Reconcile commission expense, accruals, and payouts
- Partner with Accounting to support close activities and variance analysis
ASC 606 Compliance & Audit Support
- Ensure commissions are treated in accordance with ASC 606 (capitalization, amortization, and expense recognition)
- Maintain documentation supporting commission capitalization policies
- Support internal and external audits by providing schedules, reconciliations, and control evidence
- Assist with SOX and internal control compliance related to commissions
Analytics & Insights
- Develop commission and performance analytics to support Sales and Finance leadership
- Identify data issues, process gaps,
and opportunities for automation or improvement
- Support ad hoc analysis related to plan design and sales performance
Systems & Process Improvement
- Administer and optimize commission tools (SAP Commissions)
- Document commission processes and controls
- Participate in compensation plan rollouts and system testing
Responsibilities
Key Competencies
- Strong attention to detail and accuracy
- Analytical and problem-solving mindset
- Ability to manage deadlines in a fast-paced environment
- Clear communicator with cross-functional partners
- High integrity and commitment to compliance
Qualifications
QUALIFICATIONS
- Bachelor’s degree in Finance, Accounting, Business, or related field
- 5+ years of experience in sales commissions, finance, or sales operations
- Robust understanding of commission structures and incentive compensation
- Experience preparing accruals and supporting month-end close
- Working knowledge of ASC 606 as it relates to sales commissions
- Advanced Excel skills (pivot tables, formulas, data validation)
- Experience with CRM systems (Salesforce preferred)
📌 Lead Sales Commissions Analyst (Pune)
🏢 Icertis
📍 Pune