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Key Responsibilities:
- Own and execute the administration of sales variable compensation plans, including monthly and quarterly incentive calculations, validations, adjustments, and payout support for approximately 200 quota-carrying sales representatives.
- Maintain compensation rules, crediting logic, quotas, territory assignments, and plan documentation in partnership with Sales Operations, Finance, HR, and sales leadership.
- Partner cross-functionally with Sales, Finance, HR, Payroll, and Business Systems teams to ensure compensation plans are aligned to company objectives and administered accurately.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business, Economics, HR, Information Systems, or a related field; 2-4+ years of relevant experience in sales compensation, sales operations, commissions administration, or finance.
- Strong analytical skills with the ability to interpret compensation rules, translate business logic into calculations, and identify data issues or anomalies.
- Proficiency in Excel and experience working with large data sets, reporting tools, and compensation or CRM systems.
Work Environment:
- Remote or onsite; highly prefer local candidates that can work in a hybrid environment, but open to remote US candidates.
- Negligible travel required.
Velotic
Velotic is a newly formed industrial connectivity and manufacturing software company, providing mission critical software to run, monitor, and optimize manufacturing operations for the world’s most sophisticated industrial companies. Operating at scale with over $350M in revenue and a strong 30% EBITDA margin, the company combines the stability of established market leaders with the nimble, innovation-first mindset of a high growth technology firm.