Financial Analyst - Compensation and Control
Financial Analyst - Compensation and Control
Posted on :
05-04-2025
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1 Vacancy
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Job Description
Description
Qualifications
- Ensure accurate and timely payments for commissions overrides and quarterly bonuses to Independent Sales Representatives on submitted and renewed premiums adhering to established deadlines.
- Monitor quality control measures in agent commission processing to ensure compliance with regulatory standards and internal policies.
- Conduct financial analysis on payments incentives and bonuses utilizing data analytics for trend analysis to identify patterns and provide actionable insights to management.
- Handle various financial transactions related to commissions incentives and bonuses ensuring accuracy throughout the processes.
- Lead and coordinate ad hoc and crossfunctional projects to drive improvements and innovations within the department leveraging project management skills to meet milestones and deliverables.
- Utilize programming skills in languages such as SQL and Python and create Excel VBA macros to develop automated solutions that enhance efficiency in commission processing and reporting.
- Implement process improvements based on findings from quality control and analytics ensuring continuous enhancement in commission processing efficiency.
- Standardize documentation of processes related to agent commission processing to ensure clarity consistency and accessibility for team members and stakeholders.
- Support training and development initiatives for the Field Compensation Team to enhance collaboration and share best practices.
- Collaborate with crossfunctional teams to explore and streamline workflows in commission processing strengthening business relationships.
Qualifications
- Bachelors degree in finance Mathematics or a related field is strongly preferred.
- Minimum 3 years of relevant experience in analytics or compensation is essential.
- Strong mathematical skills with a keen attention to detail paired with excellent analytical and problemsolving abilities.
- Solid understanding of accounting principles and proficiency in Microsoft Office (particularly Excel) along with advanced data analysis capabilities.
- Expertise in Microsoft Visual Basic for developing and maintaining macros as well as proficiency in SQL and Python for automating processes.
- Highly organized individual adept at managing multiple tasks simultaneously ensuring timely and accurate completion of assignments.
- Strong commitment to maintaining confidentiality and protecting sensitive information.
- Excellent verbal and written communication skills with the ability to engage effectively with various levels of management and sales personnel.
- Proficiency in French is an asset.
- Familiarity with sales compensation design and project management is considered a plus.
- Selfmotivated and capable of working independently while effectively collaborating within a team environment.
Required Experience:
IC
Employment Type
Full-Time
Department / Functional Area
Key Skills
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