Sr Analyst, Sales Finance
Description
Position Summary:
Responsible for the calculation of ongoing semi-monthly and monthly commissions.
Works closely with Compensation and internal business unit leaders to ensure that incentive calculations are aligned with compensation plans and compliant with established policies and procedures. Plays an essential role in the conversion of a manual calculation process across multiple divisions into a fully automated platform under one umbrella.
Responsibilities:
- Develop comprehensive compensation models to assess the financial implications of proposed changes, including base salary adjustments, incentive plans, and bonus structures.
- Conduct thorough analyses of historical compensation data, market trends, and industry benchmarks to inform the development of accurate and data-driven models.
- Collaborate with HR and finance teams to ensure that compensation models align with organizational goals, performance metrics, and talent retention strategies.
- Conduct scenario analysis to simulate various compensation adjustment scenarios, providing leadership with a nuanced understanding of potential financial outcomes.
- Review and update financial impact assessments to reflect changes in business conditions, ensuring real-time accuracy and relevancy.
- Build and maintain monthly reporting packages that encapsulate key compensation and financial performance metrics.
- Compile and present comprehensive reports to leadership, providing insights into compensation expenses, budget variances, and the overall financial impact of compensation strategies.
- Develop streamlined processes to automate the creation of monthly reporting packages, leveraging data visualization tools and automation software.
- Implement data integration solutions to seamlessly gather relevant information from various sources, reducing manual efforts and minimizing the risk of errors.
- Establish regular reviews of automated processes to ensure data accuracy, troubleshoot issues, and incorporate improvements for efficiency gains.
Requirements:
- Bachelor’s Degree in finance, business, or related field preferred, or minimum of two (2) + years’ experience as a Commissions Analyst, Compensation Analyst, Financial Analyst, Sales Operations Analyst, or similar role.
- Experience in the Mortgage, Financial Services, or Real Estate industry a plus.
- Prior experience calculating and/or automating commission calculations within a sales compensation system required.
- Strong technical skills required. Intermediate to advanced Excel skills; Access experience a plus.
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skill set.
- Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate, purposeful, and customer-centric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and non-exempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this roles is between $88,000 and $95,000. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.