Commissions and Bonus Administrator

The Commissions and Bonus Administrator role will report directly to the CFO and assist in the calculation and administration of commissions to approximately 50 sales staff, and quarterly and annual bonuses to approximately 120 senior staff, as well as a number of annual team bonuses.

Client Details

My client based in Central London offer a range of marketing solutions and information systems to businesses from all industries. Providing market analysis services, marketing data, software and IT consultancy services.

Description

The Commissions and Bonus Administrator will be responsible for the following:

• Ensuring accurate and timely administration of quarterly and annual bonus and monthly commission plans

• Creation, maintenance and distribution of plan documents

• Updating plans and target memos on a quarterly basis

• Calculation of bonuses on a quarterly basis

• Ensure appropriate sign-off of all payments

• Distribution of payment schedules

• Maintenance of Sales Scoreboards

• Ensuring accrual information accurately reflects latest bonus plans and performance level

Accounting & reporting

• Ad hoc tasks to assist in month end close process to tight accounting deadlines

• Assisting transaction processing teams as appropriate, including review & sign-off of bank payment runs

Other Responsibilities

• Providing miscellaneous support to CFO and Corporate Controller

• Maintenance and Submission of various statutory returns

• Other ad hoc tasks within the administration of the finance team

Profile

The successful Commissions and Bonus Administrator:

• Highly numerate person with a strong educational background

• Previous accounting and administration experience

• Intermediate Excel

• Knowledge of Netsuite Accounting software (desirable)

• Able to work independently, and on their own initiative.

• Strong interpersonal skills with an ability to work at all levels in the organisation (from the least experienced to senior management)

Job Offer

The successful Commissions and Bonus Administrator will receive a competitive salary of £30,000 - £35,000 as well as these other benefits:

• Competitive salary relative to experience

• Pension scheme with employer matching up to 5% of salary

• 22 days holiday rising to 25 with service

• Life assurance from start

• Private medical care and income protection insurance after qualifying period

• Corporate gym membership

• Stock purchase plan

• Cycle to work

• Home PC

• Travel season ticket loan schemes