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Sales Compensation Specialist

2 months ago

Burlington, Ontario, Canada Semtech Full time

Job Summary:

The Sales Compensation Analyst plays a pivotal role in our dynamic team, providing critical support in sales compensation management and reporting. This position requires a detail-oriented individual with excellent interpersonal and communication skills to administer the global sales compensation plan, ensuring consistency and adherence to plan policies and financial controls.

Key Responsibilities:

  • Administer the global sales compensation plan for 200+ team members, ensuring accurate and timely processing.
  • Partner with Human Resources to understand offers of employment and ensure accurate processing in collaboration with Payroll.
  • Work closely with the Sales Operations team to ensure accurate crediting of bookings to sales representatives and managers.
  • Assist with the configuration, testing, and administration of our commission software, including commission plans, employee status, territory and account assignment, crediting rules, compensation targets, quotas, and draw payments.
  • Prepare a monthly commission expense estimate for Finance and reports required by the Sales Team.
  • Research and resolve commission-related inquiries from the Sales team.
  • Evaluate commission plans and processes to increase efficiency and reduce costs of administration.

Requirements:

  • Bachelor's degree in Business, Accounting, Finance, or Operations.
  • 3+ years of hands-on sales compensation administration experience.
  • Experience using CallidusCloud (also known as SAP Sales Cloud).
  • Advanced MS Excel skills, including pivot tables and complex formulas.
  • Detail-oriented, self-motivated, proactive, and have absolute integrity.
  • Excellent interpersonal and communication skills, both written and verbal.
  • Service-oriented and effective at building positive relationships, fostering trust, and resolving conflict.