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Become A Commissions Analyst

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Working As A Commissions Analyst

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $81,320

    Average Salary

What Does A Commissions Analyst Do At Opnet

* Provide end-to-end commission support for assigned geographies/business units in accordance with our policies
* Set up new plans in commission system with accurate compensation drivers
* Manage and execute monthly close to ensure timely and accurate payout
* Calculate and process manual credit/commission adjustments as needed
* Audit monthly credit/commission/attainment results
* Resolve commission inquiries from the Sales team in a timely manner
* Collaborate with other functional teams to ensure sales compensation plans are administered effectively
* Train Sales new hires on sales compensation plans and system
* Ad-hoc projects, analysis and reporting

What Does A Commissions Analyst Do At Health Fitness

* Work with management to develop process to maintain and update multiple internal and external commission plans
* Obtain, validate and maintain data and information used in calculations
* Implementation of scalable and flexible process
* Develop and improve reporting deliverables to key stakeholders
* Develop and maintain process management and controls for internal and external commission plans
* Thorough understanding of compensation plans to ensure payments are accurate, complete and timely
* Responsible for monthly sales compensation accruals and reconciliations
* Provide reports to internal stakeholders and external customers
* Coordinate and update projections for commissions
* Support audit deliverables related to compensation payouts
* Provide superior customer service when resolving issues
* Other duties as needed/assigned

What Does A Commissions Analyst Do At Oracle

* Quotamanagement and Commission Administration
* Prepareand distribute quota for Account Management Organization
* Administermonthly/ad hoc changes to master quota files
* Modifytemplates as required to capture quota calculations for non-standardaccount types
* Fieldquestions from Account Managers on quota and commission inquires
* Synchronizequota master files with commission calculation master files, as needed
* Approvalsmanagement
* Monitorand track quota variances from planned quota
* Identifyneeds for quota exception approvals and obtain from senior executives, asneeded
* Reportingand analysis
* Preparestandard reports and metrics including sales attainment and commissionpayouts
* Generatereports and associated analyses (e.g. trending, root cause) as needed forto support the business
* Tools/ process management
* Maintainand evolve Excel templates
* Maintaindocumentation for compensation related processes

What Does A Commissions Analyst Do At County of Riverside-Tap

* Analyze complex proposals for local agency boundary changes and municipal service reviews; assist senior staff by performing research in support of assigned proposals and LAFCO activities; prepare description of proposals for legal notices.
* Review application materials for compliance with State law and Commission requirements; ensure compliance with California Environmental Quality Act (CEQA).
* Collect and compile information; prepare detailed written reports as well as condensed executive summaries, maps and other illustrations.
* Make oral presentations to the Commission and community groups.
* Review legislative proposals affecting LAFCO operations.
* Assist in update of website, as assigned.
* Attend the statewide organization (CALAFCO) events, support CALAFCO activities.
* RECRUITING GUIDELINES:
* LOCAL GOVERNMENT ANALYST II
* OPTION I

What Does A Commissions Analyst Do At Kforce

Use the corporate ticket system to track, work and resolve tickets to ensure all inquiries are resolved in a timely and professional manner

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How To Become A Commissions Analyst

Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.

Education

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.

Analysts also routinely attend conferences to stay up to date on current developments in their field.

Licenses, Certifications, and Registrations

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Work Experience in a Related Occupation

Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology. 

Advancement

As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.

Important Qualities

Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.

Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.

Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals. 

Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.

Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

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Commissions Analyst jobs

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Real Commissions Analyst Salaries

Job Title Company Location Start Date Salary
Senior Commissions Analyst Fireeye, Inc. Milpitas, CA Mar 26, 2015 $130,000
Compensation & Commissions Analyst Facebook, Inc. Menlo Park, CA Jun 17, 2013 $105,000
Commission Analyst Lifevantage Corporation Sandy, UT Nov 20, 2012 $75,000
Analyst-Functional-Commissions Systems Skoruz Technologies, Inc. Bellevue, WA Aug 25, 2014 $68,162
Commissions Analyst II Synnex Corporation Fremont, CA Dec 10, 2015 $61,000 -
$71,000
Commissions Analyst I Synnex Corporation Fremont, CA Sep 30, 2015 $61,000 -
$71,000

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Top Skills for A Commissions Analyst

MonthlyCommissionPaymentsPayrollDepartmentAccessDatabasesHocAuditReportsSalesCompensationPlansCommissionSystemCustomerServiceMonthlyCommissionPayoutsCommissionPlansSalesRepresentativesSalesRepsSalesCommissionsEnsureAccuracyCalculateCommissionsSalesManagementSalesOperationsGeneralLedgerCommissionProcessingHRSQL

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Top Commissions Analyst Skills

  1. Monthly Commission Payments
  2. Payroll Department
  3. Access Databases Hoc
You can check out examples of real life uses of top skills on resumes here:
  • Ensured timely and accurate processing of over 350 monthly commission payments as outlined in the Commission Plans.
  • Prepared and reconcile all payroll files and ensure files are submitted to payroll department timely.
  • Worked directly with auditors to organize accurate yearly audit reports.
  • Manage and maintain sales compensation plans for assigned business units from establishing quotas to finalizing payouts.
  • Developed and implemented controls to ensure that commission variables were correctly entered into commission system.

Top Commissions Analyst Employers

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Commissions Analyst Videos

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