Senior Analyst, Sales Compensation

How You'll Make An Impact

This role supports the team and the greater organization by administering and executing one of the industry's most motivating Sales Comp Plans. Central to the growth and success of our sales force, this position balances the interests of the field, with our highly audacious growth goals, to ensure we are able to deliver at the highest quality while scaling for our perpetual growth. As a Forma.ai Administrator, you will be responsible for preparing data for decision making, managing the day-to-day plan distributions, applications, and processes, as well as managing payroll, configuration, testing, and maintenance of the Forma.ai commission program. You will work hand-in-hand with the Revenue Operations Team, Sales Operations Teams, Sales Team, and more.
 

What You’ll Do

• Prepare Forma.ai load files with the quotas, commission rates, and other key information for all incentive-eligible personnel on a monthly basis.
• Develop, implement, and review key KPIs and metrics that are the lifeblood of our growth.
• Manage the day-to-day administration of the plan distribution application, and process to ensure accurate distribution and timely acceptance of plan documents.
• Work cross-functionally to develop and implement compensation programs to motivate our top-notch sales talent.
• Manage impacts to New Hire, terminations, promotions, and transfer employee compensation data into Forma.ai. Ensure system maintenance and compensation adjustments are performed appropriately according to plan rules and provisions.
• Work closely with the Sales Operations Team to triage and answer questions regarding incentive plan issues/problems, establish best practices, and improve manual processes.
• Assist with the configuration, testing, and maintenance of Forma.ai, including organization records, quotas, compensation rates, crediting rules, data uploads, advances/draw payments, etc.
• Assist in the administration and payment of global compensation plans for 600+ global team members on a monthly basis.
• Review and perform commission-related adjustments as necessary in the sales quoting and reporting system

 

The Experience You Bring

• 1+  year of hands-on sales commission administration experience using Forma.ai.
• 4+ years of sales commission administration experience, with at least 2 years of financial modeling and cost forecasting experience.
• Proficiency in Forma.ai and Microsoft Excel required. Workday, SFDC, and Google Sheets proficiency preferred.
• Able to work effectively under pressure.
• High-integrity, detail-oriented, self-motivated, proactive, and with strong interpersonal skills.
• Effective at building positive relationships, fostering trust, and resolving conflict.
• Strong understanding of Forma.ai (or other sales incentive compensation systems) processes and data, especially as related to compensation administration, structuring, and overseeing the sales compensation process.
• Excellent analytical, problem-solving, written, and oral communication skills.
• Strong interpersonal skills with the ability to collaborate with team members and adapt, understand, develop, and prioritize technology and process solutions for business needs.
   

Bonus Points If You Have

•  Bachelor’s degree or equivalent experience.

Aren’t sure if you’re a match? We know that impostor syndrome and the confidence gap can prevent us from meeting spectacular candidates — so don’t hesitate to apply; you could be the perfect fit!

Compensation and Benefits 

Boomi is committed to fair and equitable compensation practices. Base compensation for this position is $138k - $172k. This position is remote-friendly and, as such, final compensation will be determined by various factors including the candidate’s knowledge, skills, experience, and geographic location. An overview of our benefits can be found here.