Incentive Compensation Analyst

AlphaSense

1d•$74,000 - $102,000

About The Position

AlphaSense is seeking a motivated Incentive Compensation Analyst to enhance the accuracy and efficiency of its incentive compensation processes. This role, reporting to the Senior Manager of Incentive Compensation, will collaborate with various departments including Sales, Rev Ops, FP&A, Accounting, Payroll, Legal, and People teams. The analyst will be responsible for managing commissions and bonus operations, including calculating variable compensation, generating reports, and conducting analyses. The ideal candidate is a self-starter with at least two years of experience in sales variable compensation.

Requirements

1-2 years of variable compensation experience, including commission planning and administration
Very strong Microsoft Excel skills and passion for new technologies
Excellent written and verbal communication skills
An understanding of commission accounting concepts (accruals, payments, P&L impact, etc.)
A team player with a positive, “can do” attitude
Ability to work independently and multi-task in a dynamic setting while maintaining accuracy and delivering against deadlines
Motivated to work cross-functionally in a role which supports multiple business partners

Nice To Haves

Experience with QuotaPath or similar compensation tool preferred
Experience with CRM/HRIS systems like Salesforce and Workday is preferred
BS/BA in accounting, finance, economics, or other quantitative fields preferred

Responsibilities

Fully understand and help administer compensation plans for AlphaSense’s revenue organization, including Sales and Customer Success teams
Prepare, calculate, and analyze the commissions payout in accordance to the company’s quarterly cadence
Distribute and track completeness of compensation plan sign-off from revenue personnel to ensure compliance with company policies
Support the Accounting and FP&A teams in timely and accurate preparation of monthly accruals and reconciliations for commissions accounting
Act as a point of contact for all commissions related questions and provide thorough and timely answers to the revenue and revenue management teams
Document approvals and other support materials for any adjustment that will result in changes to pay and assist in drafting policies and procedures around adjustments
Develop, maintain, and update tool necessary for commissions reporting
Build documentation to effectively handle all commissions related processes
Drive process and systems improvements related to the commissions process and lead UAT for annual compensation plan changes
Provide cross-functional support regarding commissions related inquiries and requests
Ad Hoc projects and requests, as needed