Commissions Analyst

Multiverse

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Department:

Finance

Job Summary

Multiverse is the upskilling platform for AI and Tech adoption.

We have partnered with 1500 companies to deliver a new kind of learning thats transforming todays workforce.

Our upskilling apprenticeships are designed for people of any age and career stage to build critical AI data and tech skills. Our learners have driven $2bn ROI for their employers using the skills theyve learned to improve productivity and measurable performance.

In June 2022 we announced a $220 million Series D funding round co-led by StepStone Group Lightspeed Venture Partners and General Catalyst. With a post-money valuation of $1.7bn the round makes us the UKs first EdTech unicorn.

But we arent stopping there. With a strong operational footprint and 800 employees we have ambitious plans to continue scaling. Were building a world where tech skills unlock peoples potential and output.

Join Multiverse and power our mission to equip the workforce to win in the AI era.

The Role

We are a dynamic and innovative Series D tech company headquartered in the UK committed to transforming how businesses and finance leverage technology and AI to drive performance. Our finance team propels the business forward to achieve ambitious growth goals. As the Commissions Analyst you will be the core owner of the sales compensation process ensuring the accurate timely and compliant calculation and payment of commissions for our global sales team.

Reporting to the Finance Manager you will manage the commissions system drive continuous process improvement and provide insightful performance analysis to Sales leadership and FP&A. This role offers a unique opportunity to own a critical high-visibility process drive automation initiatives using AI and gain hands-on exposure to scaling a business as we prepare for IPO readiness.

Key Responsibilities

Commissions Calculation & Execution

  • Own the End-to-End Commissions Process: Manage the monthly and year end calculation review approve and support the payment of commissions for our global sales organisation ensuring adherence to all commission plans and policies. Implement AI initiatives to reduce the commissions cycle time.

  • System Management: Serve as the primary administrator for the commissions system (e.g. Spiff or equivalent) including data integration plan configuration and reconciliation to payroll.

  • Data Integrity: Ensure the accuracy and integrity of all commissions data inputs (sales bookings attainment metrics quotas) by reconciling data between the CRM (e.g. Salesforce) and the commissions system.

  • Query Resolution: Act as the main point of contact for the Sales team providing timely and professional resolution to commission queries and compensation statement reviews.

  • Collaborate with FP&A and other teams within the business.

Reporting & Analysis

  • Monthly Accruals: Partner with the Financial Reporting team to prepare and validate monthly commission accruals in accordance with IFRS or UK GAAP.

  • Performance Insight: Produce monthly commissions dashboards and detailed reporting utilising AI for Sales leadership Finance and FP&A providing insightful variance analysis on attainment plan effectiveness and payment trends.

  • Plan Modelling Support: Assist in the monthly and annual modelling and administration of new sales compensation plans ensuring system readiness and accurate payout simulations.

  • AI-Enhanced Data Skills: Utilise AI features to perform advanced data analysis flag input anomalies and automate complex tasks to improve efficiencies.

Process Improvement & Controls

  • Automation: Actively identify evaluate and implement opportunities for AI automation within the commissions cycle to reduce calculation time minimise manual intervention and enhance controls.

  • Documentation & Governance: Maintain comprehensive documentation of all commission plans policies procedures and controls.

  • Audit Support: Support external audits (including IPO readiness) by preparing detailed commission schedules supporting documentation and demonstrating robust control procedures.

Qualifications & Experience

  • Education: Bachelors degree in Accounting Finance or a related field.

  • Experience: Minimum of 2-3 years of demonstrable experience in a Commissions Analyst or Sales Compensation role ideally within a high-growth SaaS or technology company.

  • Systems Proficiency: Essential hands-on proficiency with a dedicated Sales Performance Management (SPM) system (e.g. Spiff or equivalent).

  • Technical Knowledge: Strong understanding of the financial and accounting treatment of sales commissions (e.g. IFRS 15).

  • Data Skills: Exceptional proficiency in data analysis using Excel / Google Sheets (pivot tables complex formulas) and experience working with CRM systems (e.g. Salesforce). Currently using AI to enhance efficiencies.

  • Proactive Mindset: Ability to work independently manage a high volume of data and prioritise tasks accurately in a fast-paced deadline-driven environment.

Key Competencies

  • Exceptional Attention to Detail: A non-negotiable requirement for ensuring the accuracy and integrity of commission payments and reporting.

  • Process Automation Focused: A strong interest in leveraging technology AI and system capabilities to redesign and scale complex compensation processes.

  • Ownership Mentality: Takes full responsibility for the timely and accurate execution of the entire commissions cycle.

  • Strong Communicator: Ability to articulate complex commission policies and payment variances clearly and diplomatically to sales teams and senior stakeholders.

  • Integrity & Discretion: Proven ability to handle highly sensitive and confidential compensation data with professionalism.

Benefits

  • Time off - 27 days holiday plus 5 additional days off: 1 life event day 2 volunteer days 2 company-wide wellbeing days (M-Powered Weekend) and 8 bank holidays per year

  • Health & Wellness- private medical Insurance with Bupa a medical cashback scheme life insurance gym membership & wellness resources through Wellhub and access to Spill - all in one mental health support

  • Hybrid work offering - we collaborate in the office 3 days per week

  • Work-from-anywhere scheme - youll have the opportunity to work from anywhere up to 10 days per year

  • Team fun - weekly socials company wide events and office snacks!


Our commitment to Diversity Equity and Inclusion

Were an equal opportunities employer. And proud of it. Every applicant and employee is afforded the same opportunities regardless of race colour ancestry religion sex national origin sexual orientation age citizenship marital status disability gender gender identity or expression or veteran status. This will never change. Read our Equality Diversity & Inclusion policy here.

Right to Work

Do you have the right to work in the UK Unfortunately at this time we cannot offer sponsorship for this role and we cannot consider overseas applications.

Safeguarding

All posts in Multiverse involve some degree of responsibility for safeguarding. Successful applicants are required to complete a Disclosure Form from the Disclosure and Barring Service (DBS) for the position. Failure to declare any convictions (that are not subject to DBS filtering) may disqualify a candidate for appointment or result in summary dismissal if the discrepancy comes to light subsequently.


Required Experience:

IC

Multiverse is the upskilling platform for AI and Tech adoption.We have partnered with 1500 companies to deliver a new kind of learning thats transforming todays workforce.Our upskilling apprenticeships are designed for people of any age and career stage to build critical AI data and tech skills. Our...
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