Job Description
Reporting to the Commissions manager, ensuring bonus and commission payments are calculated accurately and processed on a timely basis. Acting as a business partner to support bonus and commission related matters and to encourage bonus appropriate activities and drive profitability. The role will involve significant contact with non-finance departments and senior members of the organisation.
Credibility in the eyes of directors is therefore key to the effectiveness of this post holder.\n\nThe role involves:\n\nThe delivery of bonus and commission to monthly deadlines to ensure timely payments\nMonthly calculation and processing of bonus and commission payments; resolving queries based on practice and precedence as appropriate\nProducing MI/League tables on revenue/bonus related data to assist in key business decisions\nFinancial modelling requests, both as part of the end of year review of bonus and commission schemes and in response to ad-hoc requests during the year. Presenting the outputs of the scheme modelling to help support and drive the best business outcome\nWorking with other teams in order to ensure problems are resolved and effective solutions put in place\nContinuously identifying areas of improvement within existing processes and ensure those changes are effectively implemented\nInvolvement with ad-hoc projects; this may include scheme reviews including its data, or providing ad-hoc information and analysis as an example \n\nYou will possess good interpersonal skills, strong organisational skills and an eye for detail in order to succeed in this role. You will have an ability to see the bigger picture making the link between day to day activity and business goals.
You will be naturally inquisitive and look to understand the context and reasoning for all we do within the team. This will include being naturally interested in understanding your colleagues' approach and processes. The ability to communicate often complex subject matter is essential as is a highly diplomatic nature.
Strong excel and financial modelling skills are a must.\n\nThe role is part of a team and team working is an important aspect of our success. As well as taking responsibility for your own portfolio of work, you will be required to cover for other team members if they are not at work due to annual leave etc.\n\nKey Role Competencies\n\nCompetency\n\nBehaviours / Performance Indicators\n\nFinancial Acumen\n\nCommercial Awareness\n\nWork with your brands to devise incentive schemes that reward profitable performance and incentivise and motivate the sales community.\nDocument all incentive proposals and ensure adequate approval papers for submission to Remco for approval.\nModel the structure and guidelines to your brands incentive schemes. \n\nFinancial Control\n\nFinancial Modelling - forecast and budget of bonuses, bonus accruals and management of bonus database.\nTrack HR leavers reports in order to flag issues which need to be dealt with.\nProduce and maintain databases and data flow processes for all relevant commission plans and brands.\nDeal with fraudulent deals and bonus calculations.\nProvide support to the Brand Leads by providing information on revenue/bonuses and schemes.\nManage and calculate bonuses to strict monthly/quarterly deadlines.\nRespond to business queries in relation to bonus and commissions on a timely basis.\nCarry out financial reconciliations to ensure all commissions have been paid and processes have been followed.
\n\nResults driven\n\nAdhere to month end timelines, ensuring quality is not compromised for speed.\nPlans and organizes activities in order to achieve results and to deliver on commitments.\nStays focused on priorities.\nCustomer orientation\n\nUnderstanding, defining and agreeing customer requirements.\nAdapts customer service to satisfy the customer.\nAlways seeks to create a valuable customer experience while keeping customers up to date.\nResolve disputes and conflicts accordingly and as appropriate escalate in order to achieve satisfactory resolution.\nProblem Solving and Analysis\n\nAnalyses information in order to make sound recommendations.\nLearns from experience and takes actions to avoid recurrence.\nIdentifies key decisions that need to be taken.\nKnows when to escalate or hand over.\nSupports team to find solutions.\nEarly identification of risks to delivery to prescribed timelines. \n\nEmbracing & Adapting to Change\n\nIs open to accepting other approaches, perspectives and opinions.\nIs positive and remains calm in the face of uncertainty. Strives for emotional balance in challenging situations.\nContinued focus on core responsibilities despite the changing environment, ensuring required performance results are maintained.
\n\nSelf-Management and Development\n\nProactively seeks feedback.\nAcknowledges personal strengths and development areas.\nHas the courage to admit mistakes.\nIs aware of his/her image and impact on others.\nMaintains self-motivation and shows an optimistic attitude.\nCommunication\n\nGives and receives appropriate feedback.\nHandles different communication channels and chooses the most appropriate for the situation and the audience.\nDemonstrates empathy and actively listens to show interest in other viewpoints.\nConsiders both factual and emotional aspects to have greater impact in communication.\nIs appropriately assertive and persuasive. \n\nTeamwork\n\nIs willing to, when necessary, adapt his/her personal goals to help achieve a common team goal.\nCollaborates with others to create a positive environment.\nShares experiences and ideas to help others achieve their personal or team goals.\nIdentifies and exhibits core values to build a common team culture.\nManages conflict by respecting other points of view and cultural differences.\nRelationship Management\n\nIdentifies opportunities for relationships; knows and builds mutual value to the partnership.\nWorks effectively to build and nurture internal relationships.\nMaintains relationships that have mutual trust and benefit.\nBuilds respect with other parties to allow for influence and collaboration.\nDeals with conflicts that arise in a respectful manner by working to find common ground. \n\nAdecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers.
The Adecco Group UK & Ireland is an Equal Opportunities Employer.\n\nBy applying for this role your details will be submitted to Adecco. Our Candidate Privacy Information Statement explaining how we will use your information is available on our website