- Yext is seeking a strategic and analytical minded commission professional to join the Commissions Finance team.
- The Sr Commission Analyst will be responsible for helping maintain and execute on the Company's 25+ commission and bonus play types which includes processing, reviewing, auditing, and analysis of effectiveness.
- The Commissions Analyst will work closely with GTM Operations, Finance, Revenue, HR, IT, and (Internal/External) Audit teams.
- This individual will report to the Senior Manager of Commissions.
Responsibilities:
- Become an expert on Yext teams, roles, and GTM strategy.
- Work on business process optimization including systems design and integrations.
- Work with GTM Ops, HR, Accounting, and Sr. Manager of Commissions for the timely processing and review of new hires, promotions, and other commissions related updates.
- Manage monthly commission run processes for participant set up and plan assignment and audit controls.
- Support incentive change requests from the Revenue org - evaluate, understand options, and implement changes, working with the IT org to test and execute on these requests.
- Calculate, process, and support commissions and related transactions in line with current compensation plans.
- Assist in preparing and validating calculations for commissions and other incentive earnings.
- Ensure commissions calculations are prepared accurately and on time for payroll and accounting deadlines.
- Responsible for all uploads of manual calculations into the commission system, including preparing supporting documentation, gathering appropriate approvals, and ensuring that the manual calculations were uploaded accurately in Callidus.
- Ensure compliance with internal policies and controls as well as compliance with external laws and regulatory guidance including SOX.
- Assist with internal and external audits by providing support and documentation to auditors.
- Provide regular reporting and insights on the effectiveness of our incentives and overall sales performance to sales, HR and finance executives.
- Reconcile sales team compensation statements to administrative reports.
- Work closely with the sales teams and the ComFin and Sales Ops and HR teams as needed to address inquiries and resolve commissions issues.
- Responsible for tracking and reporting of the commission Jira ticketing.
- Track compensation agreements that have not been distributed, approved, or signed and follow up with the sales team.
- Assist with ad hoc projects as assigned by management.
Minimum Requirements:
- 3+ years of commissions experience, SAAS company preferred or relevant professional experience in sales operations, finance, management consulting or a similar field.
- Experience with major Sales Performance Management systems (Callidus a plus), CRM tools (Salesforce), and Tableau.
- Advanced Excel skills - familiar with vlookups, pivot tables, sumif formulas, and similar functions. (Google Sheets, Excel).
- Experience with commission plans, data driven analysis and modeling.
- Strong execution skills with ability to drive projects to completion with minimal supervision.
- Some exposure or knowledge of ASC 606 and SOX .
- Optimistic and innovative with strong problem solving and critical thinking skills.
- Ability to build relationships and work collaboratively across multiple departments.
- Yext is committed to creating an inclusive and diverse organization that enables all individuals to engage fully.
- We strive to create and maintain an open and accessible working environment.
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