Location
Chennai | India
Job description
ABOUT CORPAY
Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. A payments leader serving customers across the globe. Powering the next generation of payments. We enable businesses to spend less through smarter payment methods. A strong balance sheet, secure infrastructure, and best-in-class customer support back our solutions. Handling over a billion payment transactions across 145+ currencies in over 100 countries. Today, business is moving at an accelerated pace. Automation is the norm and digital connectivity is the goal. For many businesses, this speed creates complexity and their current payment processes cannot keep up. We help businesses, big and small, transition from older payment methods to smarter ones.
ROLE FUNCTION AND PURPOSE
The Compensation Analyst works closely with business leaders and the Compensation manager to administer sales variable compensation calculations, modeling ROI analysis, reporting deliverables including preparing management reports, presentations, and documenting business process.
This is an exciting and the critical role in the organization as this team manages the variable compensation for 400+ HC which involves various levels of corporate strategies with the power of real time compensation analytics, business intelligence tools and the inhouse platforms.
KEY DUTIES AND RESPONSIBILITIES
The primary responsibility of this position is to support the regional sales leaders, Chief Data and Analytics officer and the Compensation Manager in the administration of global sales variable compensation and calculations including commissions, sales bonuses, and incentives.
- Run monthly sales commission processes for various roles across the different geo's we operate in.
- Maintain compensation structures on the required systems based on Commission Plans
- Build and model pay for performance sales commission and incentive plans for various roles from inside sales team to senior sales management team which deliver enhanced business performance.
- Calculate monthly/quarterly/annual incentives for sales leadership roles.
- Administer and track individual performance under sales incentive programs.
- Measure sales performance against an established set of KPIs.
- Engage with the business leaders on the sales ROI and promote new incentives to motivate the sales team to support organization growth.
- Analyze, reconcile, and audit commission and incentive calculations to ensure adherence to approved plans.
- Evaluate and report on the effectiveness of sales programs.
- Respond to inquiries regarding compensation payout, policies, and procedures.
- Assist in automation of key process and maintain regular reports
- Identify and recommend improvements to current processes, with a focus on increased efficiencies and enhanced value-added analytics.
- Introduce new analysis and reporting formats which provide insights to different areas of the business.
- Provide support on variety of integration and other special projects central to improving internal business processes including defining business needs into product requirements.
- Support a variety of special compensation projects to improve internal business processes.
- Assist in implementing solutions for variable compensation reporting and modeling.
- Maintain documentation for all processes
EXPERIENCE AND KEY SKILLS
Mandatory :
- 4 - 6 Years' Experience in sales compensation and data analytics
ยท Compensation modeling and administration knowledge/experience
- Data analysis, reconciliation, and data mapping
- First-hand experience in Business Intelligence tool like Power BI
- Strong Microsoft Office skills - PowerPoint, Excel, and Word
Other requirements (nice to have) :
- Basic Knowledge on CRM (Salesforce)
ABILITIES AND ATTRIBUTES
- Demonstrated Strong problem-solving skills.
- Exceptional interpersonal skills including well developed conflict resolution skills.
- Ability to work independently and to prioritize work with a focus on deadlines and deliverables.
- Proven record as a strong collaborator in a fast-paced, deadline driven, diverse environment.
- Strong attention to detail and accuracy.
- Ability to trouble shoot, investigate and resolve issues.
- Demonstrable excellent written and verbal communication skills with business and technical stakeholders as well as internal and external users.
- Proven ability to conduct and/or support multiple projects with minimal oversight.
- Strong interviewing and listening skills to elicit detailed requirements
Job tags
Salary
