Senior Compensation Analyst - Sales

Company: Wolters Kluwer
Location: Austin
Posted on: June 25, 2022

Job Description:

Wolters Kluwer (http://www.wolterskluwer.com/) is a global leader in professional information services. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance and healthcare rely on Wolters Kluwer's market leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world. Wolters Kluwer combines deep domain knowledge with specialized technology.The **Senior Sales Compensation Analyst** will work closely with cross-functional partners from Sales, Finance, HR and other partners of the Governance, Risk & Compliance (GRC) business. You will develop and model GRC compensation plans for assigned business unit(s) under guidance of Director of Sales & Service Incentive Compensation while ensuring alignment with best practices. You will model current and projected revenue and payout results, and develop/ update annual compensation plans and goals. You will own ongoing administration of sales compensation payouts for assigned business unit(s) in close collaboration with the business partners to ensure accurate payouts. You will track compensation plan results and analyze sales compensation plan effectiveness in achieving business goals/ strategy for assigned business unit.**Responsibilities:**+ Plan all financial aspects of yearly sales compensation plan changes working closely with cross-functional partners from Sales, Finance, HR and other partners of the Governance, Risk & Compliance (GRC) division+ Model compensation plans by capturing current and projected revenue, allocating quotas, modeling commission rates and summarizing payout results by product, by position and by business unit+ Develop and update compensation plan summary documents and produce plan documentation+ Administer sales compensation plans for assigned business unit in partnership with key stakeholders to ensure accurate and timely performance calculations and sales compensation payouts+ Contribute to monthly and quarterly analyses to measure compensation plan performance including variance to budget, correlation between result and payouts by individual contributor and by manager+ Actively contribute to the ideas for the enhancement and implementation of sales compensation processes, systems, reporting and best practices+ May consult/provide guidance on sales incentive compensation policies, practices, programs, compensation philosophy, job design, organizational structure and compliance requirements as needed+ Participate in salary surveys and competitive market analyses and make recommendations on the impact of relevant developments in compensation+ Participate in governance activities and processes as needed**Qualifications:**+ A minimum of four years of financial analysis, sales compensation or sales analysis experience preferably in Software, Legal, Finance or Consulting services environment.+ Bachelor's degree from an accredited college/university or equivalent work experience; Master's degree preferred+ Experience with design and administration sales compensation plans+ Experience with data analytics and reporting; experience with databases/data warehouses such as SAP, SQL, SAS, Oracle, DB2 and business intelligence tools such as SAP Business Objects, Crystal Reports, IBM Cognos, QlikView, SAS, Tableau preferred+ Proficient with Microsoft Office Suite applications including Word, Excel, Access, Visio, Project, PowerPoint and Outlook; extensive experience with SharePoint preferred+ Strong project and process management skills including superior attention to detail, time management capabilities, and ability to manage and execute multiple projects simultaneouslyEQUAL EMPLOYMENT OPPORTUNITYWolters Kluwer U. S. Corporation and all of its subsidiaries, divisions and customer/business units is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Keywords: Wolters Kluwer, Austin , Senior Compensation Analyst - Sales, Sales , Austin, Texas