Compensation Analyst
About The Position
Corpay is currently looking to hire a Compensations Analyst within our Variable Sales Compensation division. This position falls under our Corpay Cross Border line of business and is located in Toronto, ON. In this role, the Compensation Analyst works closely with business leaders and the Compensation manager to administer sales variable compensation calculations, modeling ROI analysis, reporting deliverables including preparing management reports, presentations, and documenting business process. This is an exciting and the critical role in the organization as this team manages the variable compensation for 400+ HC which involves various levels of corporate strategies with the power of real time compensation analytics, business intelligence tools and in-house platforms. You will report directly to the Manager of Variable Sales Compensation and regularly collaborate with the team and other departments.
Requirements
- 3 - 4 Years’ Experience in sales compensation and data analytics
- Business Intelligence tool(s) (e.g.Power BI)
- Compensation modeling, incentive plan administration
- Data analysis, reconciliation, and data mapping
- Intermediate to advanced skills in Microsoft SQL and VBA/Macros
- Proficiency with Microsoft Office Suite (Excel, Word, Visio, and PowerPoint)
- Demonstrated Strong problem-solving skills.
- Exceptional interpersonal skills including well developed conflict resolution skills.
- Ability to work independently and to prioritize work with a focus on deadlines and deliverables.
- Proven record as a strong collaborator in a fast-paced, deadline driven, diverse environment.
- Strong attention to detail and accuracy.
- Ability to trouble shoot, investigate, and resolve issues.
- Demonstrable excellent written and verbal communication skills with business and technical stakeholders as well as internal and external users.
- Proven ability to conduct and/or support multiple projects with minimal oversight.
- Strong interviewing and listening skills to elicit detailed requirements
Nice To Haves
- Basic Knowledge on CRM (Salesforce)
Responsibilities
- Support the regional sales leaders, Chief Data and Analytics officer and the Compensation Manager in the administration of global sales variable compensation and calculations including commissions, sales bonuses, and incentives.
- Run monthly sales commission processes for various roles across the different geo’s we operate in.
- Maintain compensation structures on the required systems based on Commission Plans.
- Build and model pay for performance sales commission and incentive plans for various roles from inside sales team to senior sales management team which deliver enhanced business performance.
- Calculate monthly, quarterly, and annual incentive payouts for sales and leadership roles with accuracy and timeliness.
- Administer and track individual performance under sales incentive programs.
- Measure sales performance against an established set of KPIs.
- Engage with the business leaders on the sales ROI and promote new incentives to motivate the sales team to support organization growth.
- Analyze, reconcile, and audit commission and incentive calculations to ensure compliance with approved plans and policies.
- Evaluate and report on the effectiveness of sales programs.
- Respond to inquiries regarding compensation payout, policies, and procedures.
- Assist in automation of key process and maintain regular reports.
- Identify and recommend improvements to current processes, with a focus on increased efficiencies and enhanced value-added analytics.
- Introduce new analysis and reporting formats which provide insights to different areas of the business.
- Provide support on a variety of integration and other special projects central to improving internal business processes including defining business needs into product requirements.
- Support a variety of special compensation projects to improve internal business processes.
- Assist in implementing solutions for variable compensation reporting and modeling.
- Maintain comprehensive documentation of all compensation-related processes, systems, and procedures.
- Support a variety of special compensation and partnership revenue share projects to improve internal business processes.
- Assist in implementing solutions for variable compensation and partner revenue share reporting and modeling.
Benefits
- Medical, Dental, Vision and Paramedical benefits, as of day one
- Optional company match RRSP program
- Virtual fitness classes offered company-wide
- Time-off including major holidays, vacation, sick, personal, & volunteer time
- Discounted gym membership rate
- Philanthropic support with both local and national organizations
- Fun culture with company-wide contests and prizes
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
