Commissions Analyst

Thrive

About The Position

Thrive is seeking a highly organized and detail-oriented individual to join our Revenue Operations team as a Commissions Analyst. The candidate will be responsible for the management of all commissions and sales incentive programs for Thrive regions worldwide. The candidate is expected to increase efficiency through the automation of our existing processes and the standardization of programs in a commission automation system. Intermediate to advanced Microsoft Excel experience is required. The Commissions Analyst will work with both the Finance and Revenue Operations Departments.

Requirements

Bachelor's Degree
Excellent grammar, written and oral communication skills
Excellent organizational skills
Intermediate to advanced Microsoft Excel experience
Experience with managing a team

Nice To Haves

Experience with Customer Relationship Management (CRM) tools and processes
Experience quoting in the technology industry

Responsibilities

Maintain proper documentation of the commissions processes and related controls.
Document and formalize all compensation policies that are currently in place.
Work with hiring managers to document and formalize compensation agreements upon commencement of employment to align with company standards.
Own the accounting function specific to calculation of the variable compensation.
Assists annually in designing and modeling compensation plans and propose modifications.
Work with Implementation Team to streamline payments triggered by revenue activation.
Work with Finance Team to streamline payments triggered by invoicing.
Work with Revenue Operations to streamline payments triggered by Sales activity and performance metrics.
Provide employees and managers with monthly reports upon payment.
Provide employees with scheduled monthly reports of outstanding compensation backlog.
Serve as a point of contact for employees and management to address questions regarding compensation plans, and perform research as needed to help resolve issues, and develop appropriate solutions to resolve exception payment requirements.