Perform administrative and technical support activities for all SIP plans and LPL Financial and FID channel advisor/credit union program compensation, ensuring quality, accurate, and timely delivery.
This includes building formulas, performing calculations, data research and mining, and design/creation of reports and presentation materials.
Interpret the high-level design of SIP plans and accurately translate the design into detailed business process specifications.
Assess, plan, lead, and deliver all testing and quality assurance efforts for Sales Compensation plan implementations and updates.
Provide input and assistance for all technology supporting Sales Compensation to ensure optimal fit and quality.
Resolve complex issues and requests through innovative solutions, in a thorough, prompt, and appropriate manner.
Provide assistance, education, and supportive feedback to external business customers, managers, and front-line incumbents related to their sales incentive plan and payments.
Identify process improvement efforts to streamline processes, increase productivity, and gain efficiencies to provide cost-effective value to customers.
Ensure compliance with balance and control procedures for data accuracy and efficiency.
Promote and maintain open communication with interactive participation.
Requirements
Bachelor’s degree, preferably in Accounting or Finance, or equivalent work experience.
5+ years progressively responsible work experience in compensation, payroll, accounting, or systems support.
Knowledge of relevant computer systems that support sales incentives and compensation (ex: TrueComp, Rep Info Center, Workday, etc.)
Strong mathematical and analytical skills, attention to detail with an emphasis on quality control of data, with demonstrated ability to problem solve and innovate.
Ability to work under pressure, and balance multiple simultaneous assignments and deadlines.
High level of proficiency with Microsoft applications; advanced understanding of Excel is critical.
Ability to quickly learn TruStage’s organization, field, and sales team structure, sales incentives, and compensation plans, as well as relevant accounting and administration systems.