Vacancy expired!
The Incentive Compensation Analyst will provide administration and on-going process improvement efforts associated with incentive compensation. This individual will be responsible for validating and reconciling all commission and bonus calculations and will work closely with various cross-functional teams to ensure the accuracy and timeliness of all incentive compensation payment and associated reporting.
How you’ll make an impact: Data Management Analyzes and validates commission data from various sources and researches all exceptions.
Utilize all reporting systems to compile data for payment calculation or analysis.
Perform audits of all data sources to confirm accuracy and functionality of system/process and manage issue resolution with appropriate teams as necessary and ensure all internal audit controls are effective.
Collaborate and assist with system integration and improvement projects.
Trouble Shooting
Provide timely responses and issue resolution, escalating as appropriate, to all inquiries
Resolves reconciliation issues related to incentive compensation data and/or compensation payouts.
Serve as Subject Matter Expert (SME) in troubleshooting and problem solving with internal departments on data and process issues.
Execute and create incentive compensation training curriculum, content and materials.
Ownership of the day to day administration and issue resolution for incentive compensation processes.
Calculates incentive award payments to incentivized personnel based on pay plan provisions.
Performs activities needed for the design, development, implementation, communication and administration of incentive programs, plans, policies and quotas.
Ensure accuracy and timeliness of incentive payments as outlined in the plan.
Reviews incentive payment reports for accuracy and completeness.
The calculation, reconciliation, and payment of bonuses on a quarterly, semi-annual, and annual basis which includes soliciting achievement against targets from managers and collecting appropriate approvals, as well as the reporting of incentive amounts for payroll processing and the calculating and posting of incentive accruals.
Maintenance, review and distribution of incentive compensation plan documents on an ongoing basis, as well as communication and launch of plan components and documents for annual compensation plan updates.
Design and implementation of reporting packages for various groups in the organization depending on business requirements.
Analyze sales performance results, prepare standardized calculation statements, presentations and recommendations for sales, finance management and/or HR.
Perform cost and/or trend analysis or modeling of alternative commission/incentive plan design or quota levels.
Development or improvement of systems to effectively track or capture data.
Reduce redundant and/or manual processes wherever possible by enhancing/expanding the current system usage.
Bachelor’s Degree in Finance, Accounting, or Business Administration preferred
2 - 3 years of work experience in incentive compensation, finance or related field preferred
Understanding of accounting principles
Experience working with large amounts of data
Strong communication skills, experience working in a cross-functional environment is required
Strong technical skills including, Microsoft Access, Excel with knowledge of pivot tables and complex formulas proficiency with VBA, Word, Outlook and Salesforce.com and NetSuite, Adaptive, Power BI or Anaplan is strongly preferred
Strong project management and problem-solving skills
Ability to be flexible, adapt and succeed in a fast-paced, dynamic environment
Strong organization skills and ability to efficiently and accurately manage daily responsibilities and prioritize duties
Must be detail-oriented
Ability to interact and build relationships with different departments in order to complete core responsibilities
Must be a self-motivated individual who is willing and able to take on additional responsibility and work independently with minimal supervision
#LI-CP1
If you are seeking a culture that supports growth, fosters success and moves the industry forward, find your place at Optiv! As a market-leading provider of cyber security solutions, Optiv has the most comprehensive ecosystem of security products and partners to deliver unparalleled services. Our rich and successful history with our clients is based on trust, serving more than 12,000 clients of varying sizes and industries, including commercial, government and education. We have the proven expertise to plan, build, and run successful security programs across Risk Management, Cyber Digital Transformation, Threat Management, Security Operations ? Managed Services and Identity and Data Management. Optiv remains committed to championing Diversity, Equality and Inclusion within our organization and throughout the industry.
With Optiv you can expect:Work/life balance. We offer "Recharge", a flexible, time-off program that encourages eligible employees to take the time they need to recharge
Professional training resources, including tuition reimbursement
Creative problem-solving and the ability to tackle unique, complex projects
Volunteer Opportunities. "Optiv Chips In" encourages employees to volunteer and engage with their teams and communities.
The ability and technology necessary to productively work remote/from home (where applicable).
Optiv is an equal opportunity employer. All qualified applicants for employment will be considered without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, status as an individual with a disability, veteran status, or any other basis protected by federal, state, or local law.
