Demant

Payroll Commissions Administrator

Department Demant Finance
Job Locations US-NJ-Somerset
Job ID
2020-8072

Overview

Demant is a world-leading hearing healthcare group that  for more than a century has played a vital part in developing  innovative technologies and know-how to help improve  people’s hearing and health. In every aspect, from hearing  devices, hearing implants and diagnostic equipment to  intelligent audio solutions and hearing care all over the world, Demant is active and engaged.

 

The Demant Group operates in a global market with companies  in more than 30 countries, employs more than 14,500 staff  and generates annual revenue of DKK 14 billion (approx. 2.1 billion USD). Our products  are sold in more than 130 countries.

 

The primary responsibility of this role is to ensure the administration of commission of Retail/Wholesale employees . This role maintains confidentiality, accuracy, full compliance and strong internal controls and drives processes to eliminate waste and improve efficiency. The role will be an integral member of our growing and dynamic payroll department. This role is critical role to the day-to-day operations of the company, interacting daily with Executive Leaders, Senior Managers and Sales Representatives. This person will also support various process improvement projects and corporate initiatives for the Payroll Department. This position is expected to perform at a high level of accountability and reliability of work.

Responsibilities

  • Calculate, adjust and process sales commissions and other variable compensation for the Sales team as well as any other compensation plans.
  • Responsible for collection and analysis of sales data to calculate employee incentive pay.
  • Maintain all Compensation Plans, data entry and ensure that payout is accurate and up to date
  • Help improve the current commission process by applying more efficiency and automation
  • Receives and provide proper explanation to calls with questions from sales team members
  • Identify research and reconcile and discrepancies: as well as research and problem solve
  • Ensure all commission calculations are correct, audited and re within compensation plan and policy
  • Assist with biweekly payroll and other payroll related projects and tasks.
  • Develop in-depth knowledge of various complex business processes and understand their impact on various transactional systems and related accounting.  Where automation is lacking, ensure manual processes with proper controls and documentation exist to support accounting.
  • May perform miscellaneous tasks/projects as directed by manager.

Qualifications

  • High school diploma required. Bachelor's or Associates degree in Accounting or Finance a plus; or equivalent work experience
  • 1-2 years of experience in a customer-centric business environment
  • Skillful in using the following programs including, but not limited to Microsoft Office programs such as Outlook, Word and Excel. Ability to learn external and internal real estate-related applications.
    • (Manipulation and creation of Pivot Tables and utilization of V-Lookups & Sum-Ifs)
  • Excellent organizational/Time management skills and attention to detail required.
  • Excellent Customer Service and communication skills required (both written and oral).
  • Solid math and clerical skills (typing, data entry)
  • Highly self-motivated, proactive, and results driven

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