Sales Compensation Administrator- Westminster, CO

Krayden Inc.•Westminster, CO

4d•$75,000 - $95,000•Onsite

About The Position

Krayden Inc. is a leading, technical distributor that partners with the industry’s premier suppliers to deliver engineered solutions, customized support, and best in class responsiveness to our customers. Products that perform: We supply specialty engineered solutions from premier suppliers, that enable our customers to push the envelope of innovation. Knowledge that serves: We provide technical knowledge & best-in class customized support to engineers & buyers of CM’s/OEM’s. Service that delivers: We have created a global distribution network to assist customers deliver on their desired outcomes. The Sales Compensation Administrator owns the tracking and subsequent payment of all variable OEM compensation plans. This includes the technical sales plans in the Americas and APAC, BDR plans, Sales Manager plans, Sales Director plans, Distribution plans, and Inside Sales plans. This role owns territory alignment and ensures that sales are accurately attributed to the correct rep. The administrator also supports resolving data issues affecting sales compensation.

Requirements

Strong analytical and problem-solving skills
Ability to make sound business decisions while considering broader organizational objectives and context
Ability to understand stakeholder needs and develop effective solutions rather than simply executing requests
Excellent verbal and written communication skills, with the ability to convey information clearly and concisely
Strong attention to detail and commitment to data accuracy
Ability to work independently while managing multiple priorities
Adaptability in an environment with evolving processes, systems, and imperfect data
Ability to proactively anticipate stakeholder questions and address potential concerns before they arise
Strong data visualization skills and ability to clearly articulate its meaning to stakeholders
Ability to evaluate existing processes, identify improvement opportunities, and implement effective solutions
Perform duties to AS/ISO and applicable Accounting procedures and regulations.

Responsibilities

Create compensation plan records for sales team tracking at the beginning of each year
Coordinate with sales managers to calculate and upload baseline and budget numbers
Manage the process that splits sales credit between sales reps
Validate commission calculations
Manage the territory change process
Update the territory master logic as business needs change
Research and rectify data issues affecting sales compensation, including, but not limited to, margin issues
Make suggestions for process changes that will improve data integrity
Support finance team with data for commission accrual calculations
Implement territory boundary changes as needed
Document compensation plan details and compensation plan execution methodology
Proactively provide updates on compensation execution milestones, priorities, and expectations to the sales team
Support the sales team with questions regarding their compensation
Manage the sales team map through Salesforce Territory Planning
Own compensation-related reports
Other related duties as assigned