Sr. Commissions Analyst

Veralto

$80K — $85K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Accounting, or Finance, or equivalent experience.
  • 2-4 years experience in sales compensation or a related role.
  • Familiarity with automated payroll services like ADP or Workday.
  • Intermediate skills in Excel, Word, and Outlook with a focus on numerical tasks.
  • Strong attention to detail and accuracy in work.
  • Excellent interpersonal and teamwork abilities; self-motivated with multitasking capabilities.
  • Proficient in maintaining confidentiality and communicating financial information.

Responsibilities

  • Manage commission plans from start to finish and seek necessary approvals.
  • Conduct analysis and trend reporting to recommend sales associates for commissions.
  • Modify sales commission portal based on plan requests and perform back-dated calculations.
  • Analyze and track funding obligations related to technician calculations.
  • Calculate individual commission payments and submit data to Payroll on a monthly basis.
  • Provide customer service to sales reps regarding commission queries and collaborate with other departments to resolve issues.
  • Resolve reconciliation issues and manage commission data exceptions.
  • Support Compliance, Accounting, and other functions in processing expense files for month-end close.
  • Conduct quarterly audits to ensure accuracy and compliance with controls.
  • Assist with new feature development and testing within the commission system.

Benefits

  • Paid time off.
  • Medical, dental, and vision insurance.
  • 401(k) plan for eligible employees.
Full Job Description
About the role

Reporting to the Global Commissions Manager, the Sr. Commissions Analyst will primarily focus on ChemTreat sales commissions and assist with payroll functions. This role is critical to ensuring our sales associates are compensated appropriately and that ChemTreat complies with contractual agreements and sales compensation plans, by accurately analyzing and processing payments and statements within established timeframes. Interfacing with multiple functions, you'll implement procedures and controls, maintain supporting systems, and drive process improvement while building strong working relationships across functional groups.

This position is part of the Finance & Accounting - Payroll team and will be based onsite at our Glen Allen, VA headquarters.

In this role, a typical day will look like

  • Managing commission plans end-to-end - tracking changes and seeking approvals for plan progression.


  • Conducting analysis and trend reporting, and recommending to conference leaders when associates are ready to move to full commission.


  • Making modifications to the sales commission portal (SCP) based on commission plans and conference leader requests, including back-dated calculations for post-dated requests.


  • Analyzing, compiling, and tracking technician funding and related calculations, and keeping SCP current with ChemTreat's funding obligation.


  • Owning the monthly process of calculating sales associate commissions per individual plan provisions and submitting data to Payroll for payment.


  • Providing excellent customer service to sales representatives on commission, account, territory, split, and rate questions - partnering with Accounts Receivable, Customer Support, Compliance, Payroll, and HR to resolve issues and ensure accurate compensation.


  • Resolving reconciliation issues and processing exceptions related to commission data.


  • Supporting Compliance, Accounting, FP&A, and Accounts Receivable in creating expense files processed in SCP, and analyzing expense files, ChemTreat recovery funding, and third-party commissions for month-end close.


  • Conducting quarterly audits to ensure commission inputs are complete, accurate, and comply with monthly SOX controls.


  • Assisting with development and testing of new SCP features, new commission processes, and modeling new commission plans.


  • Providing backup and support to the Global Commissions Manager and the Commissions inbox.


  • Supporting bi-weekly payroll processing, including year-end activities and projects, and training and supporting the Commissions Analyst.


The essential requirements of the job include

  • Bachelor's degree in Business, Accounting, or Finance, or 5+ years of relevant experience in lieu of a degree.


  • 2-4 years of experience in a sales compensation or related role.


  • Previous experience with an automated payroll service such as ADP or Workday.


  • Intermediate skills in Excel, Word, and Microsoft Outlook, with a strong aptitude for working with numbers.


  • Excellent attention to detail and accuracy, with strong organizational and self-management skills.


  • Strong interpersonal, teamwork, and leadership skills; self-motivated with the ability to multi-task.


  • Ability to maintain confidential information and clearly communicate financial results to all levels of management.


US ONLY:

The below range reflects the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range. This range may be modified in the future. An associate's position within the salary range will be based on several factors, including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs.

The compensation range for this role is $80,000 - $85,000 USD per year.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

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