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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

  • $63,452

    Average Salary

What Does A Commissions Analyst Do

Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.

Duties

Management analysts typically do the following:

  • Gather and organize information about the problem to be solved or the procedure to be improved
  • Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
  • Analyze financial and other data, including revenue, expenditure, and employment reports
  • Develop solutions or alternative practices
  • Recommend new systems, procedures, or organizational changes
  • Make recommendations to management through presentations or written reports
  • Confer with managers to ensure changes are working

Although some management analysts work for the organization that they analyze, most work as consultants on a contractual basis. 

Whether they are self-employed or part of a large consulting company, the work of a management analyst may vary from project to project. Some projects require a team of consultants, each specializing in one area. In other projects, consultants work independently with the client organization’s managers.

Management analysts often specialize in certain areas, such as inventory management or reorganizing corporate structures to eliminate duplicate and nonessential jobs. Some consultants specialize in a specific industry, such as healthcare or telecommunications. In government, management analysts usually specialize by type of agency.

Organizations hire consultants to develop strategies for entering and remaining competitive in today’s marketplace.

Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst solicits proposals from a number of consultants and consulting companies that specialize in the needed work. Those who want the work must then submit a proposal by the deadline that explains how the consultant will do the work, who will do the work, why they are the best consultants to do the work, what the schedule will be, and how much it will cost. The organization that needs the consultants then selects the proposal that best meets its needs and budget.

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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 Videos

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Commissions Analyst Career Paths

Commissions Analyst
Analyst Underwriter Auditor
Accounting Manager
8 Yearsyrs
Sales Operations Analyst Business Analyst Senior Analyst
Analytical Manager
9 Yearsyrs
Data Analyst Senior Programmer Analyst
Application Manager
9 Yearsyrs
Analyst Finance Analyst Accounting Manager
Assistant Controller
6 Yearsyrs
Senior Business Analyst Product Manager Business Manager
Business Operations Manager
8 Yearsyrs
Senior Sales Analyst Sales And Operations Manager Supply Chain Manager
Business Process Manager
10 Yearsyrs
Project Coordinator Finance Analyst Assistant Controller
Controls Manager
7 Yearsyrs
Project Coordinator Operations Manager Information Technology Manager
Director, Applications
12 Yearsyrs
Senior Business Analyst Project Manager Program Manager
Engagement Manager
9 Yearsyrs
Team Leader Recruiter Talent Acquisition Manager
Global Manager
11 Yearsyrs
Accounting Analyst Quality Assurance Analyst Test Manager
Integration Manager
10 Yearsyrs
Business Analyst Senior Finance Analyst
Manager Finance Planning And Analysis
8 Yearsyrs
Senior Finance Analyst Assistant Vice President
Manager, Assistant Vice President
7 Yearsyrs
Sales Operations Analyst Senior Finance Analyst Planning Manager
Manager, Strategy
8 Yearsyrs
Senior Sales Analyst Senior Business Analyst Finance Manager
Pricing Manager
7 Yearsyrs
Data Analyst Business Analyst Assistant Vice President
Risk Manager
8 Yearsyrs
Business Analyst Product Manager Sales Manager
Sales And Operations Manager
7 Yearsyrs
Senior Finance Analyst Finance Manager
Senior Finance Manager
11 Yearsyrs
Accounting Analyst Contracts Specialist Subcontracts Manager
Senior Managed
7 Yearsyrs
Commissioning Manager Senior Project Manager Solutions Architect
Solutions Manager
8 Yearsyrs
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Do you work as a Commissions Analyst?

Commissions Analyst Demographics

Gender

Female

62.6%

Male

35.6%

Unknown

1.9%
Ethnicity

White

60.0%

Hispanic or Latino

15.9%

Black or African American

10.8%

Asian

9.6%

Unknown

3.7%
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Foreign Languages Spoken

Spanish

36.0%

French

12.0%

Mandarin

8.0%

Cantonese

8.0%

Carrier

8.0%

Portuguese

4.0%

Turkish

4.0%

Albanian

4.0%

Aramaic

4.0%

Greek

4.0%

Hindi

4.0%

Russian

4.0%
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Commissions Analyst Education

Schools

University of Phoenix

15.1%

San Jose State University

8.1%

Northeastern University

7.0%

Arizona State University

5.8%

Strayer University

5.8%

Kennesaw State University

5.8%

University of California - Davis

4.7%

Webster University

4.7%

Georgia State University

4.7%

University of Connecticut

3.5%

University of Maryland - University College

3.5%

Vincennes University

3.5%

Albertus Magnus College

3.5%

Boston University

3.5%

Utah Valley University

3.5%

Southern Connecticut State University

3.5%

Santa Clara University

3.5%

University of Massachusetts - Lowell

3.5%

Texas A&M University

3.5%

Utah State University

3.5%
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Majors

Business

34.1%

Accounting

17.1%

Finance

14.6%

Economics

5.8%

Management

3.0%

Marketing

2.7%

Psychology

2.1%

Political Science

2.1%

Computer Science

2.1%

Elementary Education

2.1%

Communication

2.1%

Criminal Justice

1.8%

Computer Information Systems

1.8%

International Business

1.5%

Mathematics

1.5%

Biology

1.2%

Project Management

1.2%

Education

0.9%

Computer Programming

0.9%

Health Care Administration

0.9%
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Degrees

Bachelors

48.3%

Masters

20.7%

Other

15.3%

Associate

9.9%

Certificate

4.7%

License

0.7%

Diploma

0.5%
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Commissions Analyst Videos

A Day in the Life of a Financial Advisor

CAREERS IN COMMERCE – B.Com,M.Com,MBA,Business Firm,Trade Consultant,Top Recruiters,Salary Package

A Day in the Life of Public Health

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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

  1. Monthly Commission Payments
  2. Payroll
  3. Audit
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.
  • Reconciled payroll check distribution and permanent employee advance accounts monthly.
  • Suggest and help implement improvements to current accounting processes and/or Audit controls, including automation and streamlining of existing accounting functions
  • Created and administered MS Access databases for tracking various sales support information and data.
  • Manage and maintain sales compensation plans for assigned business units from establishing quotas to finalizing payouts.

How Would You Rate Working As a Commissions Analyst?

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Top Commissions Analyst Employers

Jobs From Top Commissions Analyst Employers

Commissions Analyst Videos

A Day in the Life of a Financial Advisor

CAREERS IN COMMERCE – B.Com,M.Com,MBA,Business Firm,Trade Consultant,Top Recruiters,Salary Package

A Day in the Life of Public Health

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