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Do you want to advance your career with the world's first cloud company Since 1998, Oracle NetSuite has been on a mission to deliver an agile, unified application suite that gives leaders a complete view into their business. Our team is growing, and we're looking for people like you to help us make a global impact. As the leading cloud business system, NetSuite includes financials, inventory management, HR, professional services automation, commerce, and more. Tens of thousands of customers all over the world trust NetSuite to give their businesses the visibility, agility, and control needed to make data-informed decisions quickly. NetSuite is a place where you can build your career and have fun while doing so! We're invested in our people, our customers, and the community. As part of Oracle, our benefits are second to none. Joining our passionate team means that you're ready to take your career to the next level. With priceless learning opportunities, strong support, incredible innovation, and volunteer opportunities, NetSuite is committed to creating a workplace where everyone feels empowered and set up for success.
Calculates commission/incentive award payments to sales personnel based on commission plan provisions. Performs staff support activities needed for the development, implementation, communication and administration of sales commission or incentive programs, plans, policies and quotas. Reviews commission payment reports for accuracy and completeness. Able to verify and follow through, ensuring accuracy and timeliness of commission payments as outlined in the plan. Resolves reconciliation issues. Typically maintains or audits information needed to track revenue. May analyze sales performance results, prepare commission expense reports, presentations and recommendations for sales and/or finance management. Typically uses spreadsheets, ERP systems or dedicated computer programs to gather data for payment calculation or analysis. May contribute to the development or improvement of systems to effectively track or capture data. May perform cost analysis or modeling of alternative commission/incentive plan design or quota levels.
Duties and tasks are standard with some variation. Completes own role largely independently within defined policies and procedures. 2 years relevant experience and BA/BS degree preferred.
Career Level - IC2
The job is a lot about setting up commission schedules and authorizing commissions each month in NS Corp. But another large part of the job is using advanced excel skills to perform analysis to ensure the system is running correctly along with providing explanations to the sales team members and partners.
Responsibilities
- Responsible for administration of sales plan distribution process to ensure accurate creation, distribution, and timely acceptance of plan documents
- Maintain commissions system - this includes maintaining quotas and rates, ensuring commissions calculations comply with compensation plan
- Process timely and accurate monthly commission statements and ensure commissions are approved by deadline
- Investigate and resolve commission inquiries as arise
- Audit system set up in accordance with compensation plan requirements
- Work with other commissions team members to cross train one another and provide peer coaching
- Regularly communicate with sales force, verbally and in writing
- Proactively developing recommendations to further automate and improve the commission process
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Disclaimer
Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
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