Senior Commissions Analyst

Posted:
10/23/2024, 11:17:39 PM

Location(s):
Hyderabad, Telangana, India ⋅ Telangana, India

Experience Level(s):
Senior

Field(s):
Sales & Account Management

Workplace Type:
On-site

Pay:
$183/hr or $380,640 total comp

Yext (NYSE: YEXT) is the leading digital presence platform for multi-location brands, with thousands of customers worldwide. With one central platform, brands can seamlessly deliver consistent, accurate, and engaging experiences and meaningfully connect with customers anywhere in the digital world. Our AI and machine learning technology powers the knowledge behind every customer engagement, which is only possible through our team of innovators and enthusiastic collaborators. Join us and experience firsthand why we are consistently recognized as a ‘Best Place to Work’ globally by industry leaders such as Built In, Fortune, and Great Place To Work®!

Yext is seeking a strategic and analytical minded commission professional to join the Commissions Finance team! The Sr. Commission Analyst will be responsible for helping maintain and execute on the Company's 25+ commission and bonus play types which includes processing, reviewing, auditing, and analysis of effectiveness. The Commissions Analyst will work closely with GTM Operations, Finance, Revenue, HR, IT, and (Internal/External) Audit teams. This individual will report to the Senior Manager of Commissions.

This role is required to be conducted onsite in our Hyderabad office.

What you'll do

  • Become an expert on Yext teams, roles, and GTM strategy.
  • Work on business process optimization including systems design and integrations.
  • Work with GTM Ops, HR, Accounting, and Sr. Manager of Commissions for the timely processing and review of new hires, promotions, and other commissions related updates.
  • Manage monthly commission run processes for participant set up and plan assignment and audit controls.
  • Support incentive change requests from the Revenue org – evaluate, understand options, and implement changes, working with the IT org to test and complete these requests.
  • Calculate, process, and support commissions and related transactions in line with current compensation plans.
  • Assist in preparing and validating calculations for commissions and other incentive earnings.
  • Ensure commissions calculations are prepared accurately and on time for payroll and accounting deadlines.
  • Responsible for all uploads of manual calculations into the commission system, including preparing supporting documentation, gathering appropriate approvals, and ensuring that the manual calculations were uploaded accurately in Callidus.
  • Ensure compliance with internal policies and controls as well as compliance with external laws and regulatory guidance including SOX. Assist with internal and external audits by providing support and documentation to auditors.
  • Provide regular reporting and insights on the effectiveness of our incentives and overall sales performance to sales, HR and finance executives.
  • Reconcile sales team compensation statements to administrative reports.
  • Work closely with the sales teams and the ComFin and Sales Ops and HR teams as needed to address inquiries and resolve commissions issues. Responsible for tracking and reporting of the commission Jira ticketing.
  • Track compensation agreements that have not been distributed, approved, or signed and follow up with the sales team.
  • Assist with ad hoc projects as assigned by management.

What you'll have

  • BA/BS Degree, Accounting or Finance a plus
  • 3+ years of commissions experience, SAAS company preferred or relevant professional experience in sales operations, finance, management consulting or a similar field.
  • Experience with major Sales Performance Management systems (Callidus a plus), CRM tools (Salesforce), and Tableau.
  • Advanced Excel skills – familiar with vlookups, pivot tables, sumif formulas, and similar functions. (Google Sheets, Excel).
  • Experience with commission plans, data driven analysis and modeling.
  • Strong execution skills with ability to drive projects to completion with minimal supervision.
  • Some exposure or knowledge of ASC 606 and SOX .
  • Optimistic and innovative with strong problem solving and critical thinking skills.
  • Ability to build relationships and work collaboratively across multiple departments.

Perks and Benefits

At Yext, we take pride in our diverse workforce and prioritize creating an engaged and connected working environment. Our ambitious mission is to transform the enterprise with AI search, and we know that to achieve that, we need a global team of innovators, visionary thought leaders, and enthusiastic collaborators passionate about making a meaningful impact in the world and contributing to an extraordinary culture.

We believe that people do their best when they feel their best — and to feel their best, they must be well-informed, fuelled, and rested. To ensure our employees are at their best, we offer a wide range of benefits and perks, including:

  • Performance-Based Compensation: We offer an attractive bonus structure and stock options for eligible positions.
  • Comprehensive Leave Package: Our leave package includes Paid Time Off (PTO), Parental Leave, Sick Leave, Casual Leave, Bereavement Leave, National Holidays, and Floating Holidays to ensure a healthy work-life balance.
  • Health & Wellness Offerings: We provide medical insurance with 7L coverage, including enhanced parental and outpatient department (OPD) coverage for you, your spouse, two dependent children, and two parents (as applicable and subject to eligibility requirements).
  • Relocation Benefits: We offer relocation assistance and an allowance to eligible candidates to help ease your transition.
  • World-Class Office & Building Amenities: Our office has a top-notch infrastructure, including gaming rooms, a plush pantry, and breakout areas.

#LI-RD1

Yext is committed to building an inclusive and diverse culture where every person is seen, heard, and valued. We believe in equal employment opportunity and welcome employees and applicants of all races, colors, ethnicities, religions, creeds, national origins, ancestries, genetics, sexes, pregnancy or childbirth, sexual orientations, genders (including gender identity or nonbinary or nonconformity and/or status as a trans individual), ages, physical or mental disabilities, citizenships, marital, parental and/or familial status, past, current or prospective service in the uniformed services, or any characteristic protected under applicable law. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. It is Yext’s policy to provide reasonable accommodations to people with disabilities as required by law. If you have a disability that requires an accommodation in completing this application, interviewing, or participating in the employee selection process, please complete this form.