Sales Commission Analyst

Posted 4 Days Ago
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Melville, NY, USA
In-Office
92K-115K Annually
Mid level
Fintech • Financial Services
The Role
Administer and calculate sales commissions, validate results through audits and reconciliations, prepare accruals and financial reports, support close activities, and resolve commission inquiries. The role maintains controls, analyzes compensation trends, supports budgeting and forecasting, improves processes, and partners with Finance, Sales, HR, Payroll, and Revenue Operations on compensation plans and system enhancements.
Summary Generated by Built In

Candescent is a forward-thinking technology company transforming how financial institutions deliver Intelligent Banking experiences. We unite digital banking, account opening, and branch solutions that power and connect digital banking, account opening, and branch solutions—creating seamless engagement across digital, remote, and in-person channels.

Our Experience-Led, Intelligence-Driven approach combines human-centered design with data, automation, and cloud-based innovation. Built on an API-first architecture, our extensible ecosystem enables institutions to adapt quickly, integrate easily, and unlock new opportunities for growth—turning every customer interaction into a moment of clarity, confidence, and connection.

Location: Melville, NY (Onsite 5 days a week)

Department: Finance Reports To: Director of Accounting Employment Type: Full-Time

Position Summary

Candescent is seeking a highly analytical and detail-oriented Sales Commission Analyst to join our Finance team. Based in Melville, NY, this role will be responsible for administering, calculating, validating, and reporting on sales compensation programs across the organization. The Sales Commission Analyst will partner closely with Finance, Sales Leadership, HR, and Revenue Operations to ensure commission plans are accurately executed, timely paid, and aligned with company objectives.

This position is ideal for someone with a strong accounting or finance background who enjoys working with large datasets, performing reconciliations, identifying discrepancies, and driving process improvements. Similar to a Senior Accountant role, this position requires a high level of accuracy, analytical rigor, internal controls discipline, and cross-functional collaboration. The role is informed by Candescent's internal finance and sales operations responsibilities emphasizing reporting accuracy, analysis, and business partnership.

Key Responsibilities

Sales Commission Administration

· Calculate monthly, quarterly, and annual sales commissions in accordance with approved compensation plans.

· Validate commission results through detailed audits, reconciliations, and exception reporting.

· Maintain accurate records of commission calculations, adjustments, and supporting documentation.

· Partner with Payroll to ensure timely and accurate payment processing.

· Research and resolve commission inquiries from sales representatives and leadership.

Financial Analysis & Reporting

· Prepare commission accruals and support month-end and quarter-end close activities.

· Reconcile commission expense accounts and related balance sheet accounts.

· Develop recurring reports, dashboards, and metrics for Sales and Executive Leadership.

· Analyze compensation trends and identify opportunities to improve program effectiveness.

· Assist with budgeting and forecasting of commission expense.

Controls, Compliance & Process Improvement

· Maintain strong internal controls over sales compensation processes.

· Document commission methodologies, business rules, and procedures.

· Ensure compliance with company policies and audit requirements.

· Identify opportunities to automate calculations, improve reporting, and streamline processes.

· Support implementation and enhancement of commission management tools and workflows.

Cross-Functional Partnership

· Collaborate with Sales, Revenue Operations, Accounting, FP&A, HR, and Payroll teams.

· Review new compensation plans and assess operational impact.

· Support annual plan updates and compensation model changes.

· Provide data-driven insights to leadership regarding incentive effectiveness and sales performance.

Qualifications & Experience

Required

· Bachelor's degree in Accounting, Finance, Business Administration, Economics, or a related field.

· 3-5+ years of experience in accounting, sales compensation, financial analysis, commission administration, payroll, or a related finance function.

· Strong understanding of financial reconciliations, accruals, and reporting concepts.

· Advanced Excel skills including PivotTables, VLOOKUP/XLOOKUP, Power Query, and complex formulas.

· Experience working with ERP, payroll, CRM, or commission systems.

· Strong analytical, organizational, and problem-solving skills.

· Ability to manage multiple priorities while maintaining exceptional attention to detail.

· Excellent written and verbal communication skills.

Preferred

· Experience with Salesforce, SPIFF, Workday, or similar compensation platforms.

· Experience supporting SaaS, fintech, technology, or high-growth organizations.

· Knowledge of ASC 606 and revenue-related compensation considerations.

· Experience with Power BI or other reporting and analytics tools.

The base salary range for this position is $92,000 -115, 000 per year. This range represents the expected base compensation for this role and is based on factors such as skills, experience, geographic location, and job‑related qualifications.

Statement to Third Party Agencies
To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.

Skills Required

  • Bachelor's degree in Accounting, Finance, Business Administration, Economics, or a related field
  • 3-5+ years of experience in accounting, sales compensation, financial analysis, commission administration, payroll, or a related finance function
  • Strong understanding of financial reconciliations, accruals, and reporting concepts
  • Advanced Excel skills, including PivotTables, VLOOKUP/XLOOKUP, Power Query, and complex formulas
  • Experience working with ERP, payroll, CRM, or commission systems
  • Strong analytical, organizational, and problem-solving skills
  • Ability to manage multiple priorities while maintaining exceptional attention to detail
  • Excellent written and verbal communication skills
  • Experience with Salesforce, SPIFF, Workday, or similar compensation platforms
  • Experience supporting SaaS, fintech, technology, or high-growth organizations
  • Knowledge of ASC 606 and revenue-related compensation considerations
  • Experience with Power BI or other reporting and analytics tools

Candescent Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Candescent and has not been reviewed or approved by Candescent.

  • Leave & Time Off Breadth Policies include unlimited vacation for full-time exempt staff, tenure-based accrual for non-exempt, plus floating holidays and sick leave. This breadth of time off suggests flexibility across employment classifications.
  • Wellbeing & Lifestyle Benefits A discount program is cited that provides access to deals at over 250 retailers. This perk adds everyday savings beyond core benefits.

Candescent Insights

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The Company
HQ: Atlanta, Georgia
1,030 Employees
Year Founded: 2024

What We Do

Candescent brings together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes. And we’re here to help you extend, differentiate and illuminate your digital-first banking experiences. Our industry-leading products and services, cloud architecture and on-demand developer tools give you the power to differentiate and deliver seamless customer journeys.

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