Compensation Accounts Assistant(12 months finance exp required)

  • Location:

    City of London, London

  • Sector:

    Part-Qualified Finance

  • Job type:


  • Salary:

    £24000 - £26000 per annum + Discretionary Bonus

  • Contact:

    Louis Nwosu-Hope

  • Job ref:


  • Published:

    8 months ago

  • Expiry date:


  • Startdate:


Job Title - Compensation Analyst

Reporting to - FP&A Manager

Salary - £24-26k

Job Description -

Own the sales commission & sales bonus process, from queries through to performance analysis.

Develop a deep understanding of the end-to-end sales process, from customer ordering through to commission payable, in order to field and solve commission-based sales queries. Identify root causes and work with business partners to ensure correct resolution.

Promote company-wide learning of common causes and the correct remedies, driving innovation and change to business practice in order to reduce conflicts and create efficiencies.

Handle foreign currency queries, identifying exchange rate impact on sales performance and helping sales people identify risk and implementation strategies to avoid future complications.

Collect and prepare monthly commission charges relating to extra-order activities freight and rebates.

Work alongside Payroll to calculate sales-related performance bonuses.

Implement compensation performance analysis. Identify KPIs and track long-term performance, highlighting deviations and drivers to feed in to the FP&A team's management reporting.

Key attributes -

Basic accounting knowledge, including the flow of order processing from orders to invoices.

Confident user of Excel, using formulae to interrogate data including sum-ifs, v-lookups etc.

Capable of handling a diverse and demanding workload in a fast-paced environment with strict deadlines.

Analytical mind-set and thrives on understanding processes, from inputs to outputs, and their wider impact on the business environment.

Attention to detail and a keen understanding of risk.

Confident and trustworthy self-starter, able to manage their own workload, and coordinate with business partners.

Strong communication skills and ability to explain processes to a wide range of staff with varying levels of understanding in a clear and concise manner.


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