Lead Commission Specialist

Position Purpose: Perform commissions and bonus calculations as well as ensure accuracy and quality in the processes and reporting. Primary Accountabilities/Responsibilities: - Prepare and review monthly commission/bonus payout calculations for multiple groups including external Introducing Brokers and internal Producers utilizing the Xactly Incent System as well as Excel when required. - Understand IB deals and Producer employment contracts to design in Xactly accurately the calculations and sources needed. - Assist with system upgrades, integrations and consolidation. - Crosstrain when required to be a cohesive team member. - Prepare GL entries to post variable compensation accruals and other entries into Oracle. - Adhere to deadlines and communicate effectively whenever that is not possible. - Respond efficiently to our IB’s and Producers on any questions or disputes. - Provide management reporting and respond to questions. - Meet payroll and accounts payable deadlines to ensure timely payments. - Reconcile the commissions/bonuses payment processing and communicate differences found. - Cooperate with other departments when required. - Review Dashboards and Reporting required for each user as necessary. - Assist with Xactly updates and regression testing. - Train and participate in development of Self and Commissions Team. - Complete all mandatory training assigned by the company. - Participates in developing enhanced reporting and effectiveness of the Commissions Department. - This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed. Job Requirements: - 5 to 7 years work experience in Commissions or other Accounting/Finance function - Bachelor’s degree in finance or accounting is preferred - Proficient in Excel is a must - Proficient in Oracle is preferred - Proficient in Xactly is a plus - Strong work ethic with emphasis on organization and attention to details - Must be able to meet deadlines - Maintains prompt and regular attendance - Accurate and efficient data entry skills - Excellent problem-solving skills - Ability to work in a team environment and maintain a positive attitude