Bonus & Commissions Analyst - Chertsey, United Kingdom - Aldena Associates Ltd

Aldena Associates Ltd

Verified Company

Chertsey, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Supporting the Head of Performance Based Pay with day to day operations including collating and reviewing KPI's, SMART objectives and Sales Targets and calculating and communicating results.

This role will provide a great overview of the entire business and will involve significant and regular interaction with colleagues across the business

Your Key Responsibilities:
Administration, reporting and analysis of bonus payments across three business areas - UK, Europe Office and RPMs

Responsible for managing the calculations of over 1600 colleagues across UK and Europe to receive Performance Based Pay / MBO Payments.

Senior System Administrator

ICM
Driving the process with Commercial Finance for all Sales divisions to collate Sales Targets on a quarterly basis
Driving the process with Commercial Finance on product and account mapping changes
Manage the core data collection process for all colleagues within the business, ensuring that all data is entered correctly in to system
Salaries / Reporting Line / New Starter / Leavers / cost centre changes / promotion and grade changes and any otherpersonal data changes
Responsible for data reconciliations between ICM vs Workday
Review and analyse the quality of objectives being set. This will involve collaborating closely with management across the business
Work to deadlines to ensure payments are submitted to payroll on time for processing not only in the UK but 10 other subsidiaries across Europe
Responsible for payment reconciliations
Explaining policies and PBP scheme to all colleagues / stakeholders
Handle and respond to queries promptly and professionally using Jira ticketing system
Monthly Accruals for all employees including Partners Colleagues for both Sales and Non Sales
Scheme exception cost simulations within the system as and when requested
Adhoc request from PBP Manager and People Team in a timely manner

What we need for this role

To be successful, you will possess the following skills and attributes:
Soft Skills

High attention to detail & highly organised
Ability to relate to people at all levels of the organisation
Great communicator and relationship builder
Passion for talking to our employees and communicating the complex scheme in a clear concise manner
Great teammate
Discreet (handling sensitive and confidential data)
Hard working
Enthusiastic, personable, flexible with commercial outlook and understanding
Proactive approach

Hard Skills

Advanced Excel user modelling ability including handling large data sets, v lookup, pivots etc.
Experience of using various commission and bonus software specifically ICM
Prior experience of business modelling and/or data management