Sales Compensation Administration Specialist

Posted 4 Days Ago
Be an Early Applicant
56334, Glenwood, MN, USA
In-Office
40K-52K Annually
Senior level
Professional Services • Retail • Manufacturing
The Role
Administers sales commissions, customer rebates, and gross profit split agreements. Validates commission calculations, processes system and manual entries, maintains compensation systems and documentation, supports sales and home office teams, prepares financial reports, and assists with system testing and finance projects. Ensures accuracy, approvals, and compliance with financial controls and policies.
Summary Generated by Built In

The Sales Compensation Administration Specialist plays a key role in ensuring the accurate administration of sales commissions, customer rebates, and gross profit split agreements. This position is responsible for maintaining compensation-related systems and agreements, validating commission calculations, supporting sales associates and our home office teams, and ensuring compliance with established financial controls and policies. The ideal candidate is highly detail-oriented, customer-focused, and enjoys balancing data accuracy with providing exceptional support to internal stakeholders.

Essential Duties and Responsibilities include the following:

  • Complete validations and daily system processes to populate commission results from our commission subsystem to the General Ledger/ERP system.
  • Analyze daily data results from commission sub-module, identify and correct miscalculations or inaccuracies; maintain related reports and system applications  
  • Prepare and process manual commission entries as required
  • Implement, update, and maintain all rebate and gross profit (GP) split agreements, ensuring appropriate approvals, signatures are electronic filing
  • Partner with sales associates to determine optimal commission or rebate structures to support business needs; initiate and maintain agreements for non-standard GP or rebate splits outside the standard commission model outlined in work agreements.
  • Assist Sales Operation Support (SOS) and ACES with analysis and system capabilities to determine customer rebate options; including rebate setup, reporting, payments and agreement documentation
  • Administer commission setup, maintenance, and deactivation related to onboarding new Sales Associates and separation of existing Associates.
  • Maintain and provide reporting related to Sales Associate acquisition payments
  • Provide secondary support to Sales Associates and home office personnel by responding to inquiries related to commissions, expenses, ledgers, payroll, operating expense statements, other commission-related matters; prepare financial reports as requested needed.
  • Assist with testing and validation of commission system enhancements and other finance-related projects
  • Manage daily, weekly, monthly and ad-hoc tasks related to commission and rebate reporting, calculations, payments and setup; tracked through MS Outlook calendar reminders.
  • Other duties as assigned  

SUPERVISORY RESPONSIBILITIES 

No supervisory responsibilities.  

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE 

Required:  High School diploma or the equivalent with five years’ experience in business, accounting and/or finance or equivalent combination of education and experience. Preferred:  Associate degree in accounting with a minimum of one-year related experience or equivalent combination of education and experience.

This position requires a working knowledge of accounting principles and practices and a knowledge of technical accounting skills.  

CORE COMPETENCIES                                            

Attention to detail and accuracy; planning and organizing; ability to multi-task; problem analysis and problem-solving skills; initiative; teamwork; confidentiality. Competency in Microsoft applications; word, outlook with a higher level, working knowledge of excel.

LANGUAGE SKILLS 

Ability to read and interpret various financial documents.  Ability to write routine reports and correspondence.  Ability to speak effectively before groups of management, sales associates, or employees of organization.

REASONING ABILITY 

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral and/or diagram form.

PHYSICAL DEMANDS  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit.  

WORK ENVIRONMENT  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

AA/EEO/Vet/Military

Skills Required

  • High school diploma or equivalent
  • Five years of experience in business, accounting, and/or finance, or equivalent combination of education and experience
  • Working knowledge of accounting principles and practices
  • Technical accounting skills
  • Competency in Microsoft applications, including Word and Outlook
  • Advanced working knowledge of Microsoft Excel
  • Ability to read and interpret financial documents
  • Associate degree in accounting with at least one year of related experience, or equivalent combination of education and experience
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Glenwood, MN
1,122 Employees
Year Founded: 1981

What We Do

American Business Forms, Inc. is a public company headquartered in Glenwood, Minnesota, that specializes in the manufacturing and wholesale of business forms, labels, packaging, and promotional products. Operating under the trade name American Solutions for Business, the company provides comprehensive services including forms management, fulfillment programs, and custom business forms design to a variety of business clients throughout the United States.

Similar Jobs

Micron Technology Logo Micron Technology

ASIC Analog Layout Engineer

Artificial Intelligence • Hardware • Information Technology • Machine Learning
In-Office
Minneapolis, MN, USA
45000 Employees
54K-92K Hourly

Micron Technology Logo Micron Technology

Staff Engineer

Artificial Intelligence • Hardware • Information Technology • Machine Learning
In-Office
Minneapolis, MN, USA
45000 Employees
150K-256K Annually

Citizens Logo Citizens

Wealth Advisor - Johnston, RI

Digital Media • Fintech • Information Technology • Machine Learning • Financial Services • Cybersecurity • Automation
In-Office or Remote
2 Locations
17000 Employees
105K-250K Annually

Zeta Global Logo Zeta Global

Senior Customer Success Manager

AdTech • Artificial Intelligence • Marketing Tech • Software • Analytics
Easy Apply
Remote or Hybrid
United States
2429 Employees
90K-100K Annually

Similar Companies Hiring

Cravath, Swaine & Moore LLP Thumbnail
Legal Tech • Other • Professional Services
New York, NY
1200 Employees
Ford Energy Thumbnail
Automotive • Software • Energy • Utilities • Manufacturing • Renewable Energy
Glendale, Kentucky
55 Employees
VCA Animal Hospitals Thumbnail
Pet • Professional Services
Los Angeles, CA
35000 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account