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Commissions Analyst

Commission Analyst

Job Overview: We are seeking an experienced individual contributor to join Fortinet’s Commission Team. This Commission Analyst is responsible for administering APAC commissions and incentive payments. The role will partner with Business Leadership, Sales Operations, HR, and Payroll to ensure commission calculation logic and data in the commission tool are implemented accurately and according to approved commission plans. This role will also be responsible for addressing employee commission inquiries, performing validations, and obtaining required approvals. This position is critical in ensuring the Sales Compensation plans are executed as designed.

Responsibilities:

  • Administer compensation plans and commission calculations in SAP Commission Tool.
  • Produce accrual narrative and support the month-end close process.
  • Become proficient with SAP, the company’s calculation system: running pipelines, navigating, and creating reports.
  • Maintain and manage high volume of commission data inputs: Participant information, Credit Rules, Manual exceptions in SAP and more.
  • Provide input and recommendations for streamlining processes and making process improvements.
  • Answer and resolve commission dispute tickets.
  • Variance analysis.
  • Perform a read-out analysis of the commission payout monthly and submit pay files to Payroll.
  • Create ad hoc reporting and financial projects.
  • Support SOX audits.

Required Skills:

  • 3 - 5 years of relevant Commission, or Sales Ops experience, preferably in the technology industry
  • Advanced MS Excel skills, Knowledge of SAP Commission preferred.
  • Proficient in manipulating systems tools and large amounts of data.
  • Demonstrate the ability to work in a fast-paced, results-oriented, growing, market leading technology company.
  • Flexibility to change in a dynamic environment.
  • Excellent verbal and written communications skills
  • Strong interpersonal skills necessary to work effectively across multiple functions and with varied levels of management.
  • Superior quantitative and analytical skills
  • Detail-oriented, accurate and thorough combined with strong business acumen and ability to see big picture.
  • Highly motivated self-starter who can work independently or collaborate as part of a team.
  • Results-driven and comfortable handling multiple deadlines.

Education:

  • Bachelor’s degree in Finance, Accounting, or related field is preferred, or 5+ years of commission/compensation experience.

Fortinet offers employees a variety of benefits, including medical, dental, vision, life and disability insurance, 401(k), 11 paid holidays, vacation time, and sick time as well as a comprehensive leave program.

Wage ranges are based on various factors including the labor market, job type, and job level. Earnings for this position are expected to be $95,000-$158,000. Exact salary offers will be determined by factors such as the candidate's subject knowledge, skill level, qualifications, experience, and geographic location.

All roles are eligible to participate in the Fortinet equity program, Bonus eligibility is reviewed at time of hire and annually at the Company’s discretion.

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DATE POSTED
June 23, 2023

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