Job Summary
Our Client in the IT Industry is seeking to employ a Commission Analyst to their team based in Walmer Port Elizabeth.
Requirements:
- Advanced Microsoft Excel (pivot tables, VLOOKUP/XLOOKUP, SUMIFS, IF formulas, data validation).
- Experience with Power Query or Power BI (advantageous).
- Experience using internal CRM, ERP, or commission management systems.
- Strong data reconciliation skills.
- Ability to interpret complex commission structures.
- Ability to handle confidential financial information.
- Experience in commission analysis, finance, or data analysis.
- Experience working with large data sets.
- Experience in financial services, telecoms, or partner-based environments (advantageous).
Responsibilities, but not limited to:
Commission Processing
- Import, clean, and validate commission data from internal systems and external providers.
- Calculate monthly commissions based on agreed commission structures.
- Apply adjustments, overrides, clawbacks, and special incentive rules.
- Ensure timely and accurate commission payouts.
Data Management & Analysis
- Maintain and update commission calculation models in Excel.
- Perform reconciliations between internal systems and source files.
- Identify discrepancies and resolve commission disputes.
- Analyze commission trends and provide insights to management.
Reporting
- Prepare monthly commission statements for partners/sales teams.
- Generate management reports on commission expense and performance.
- Support finance with accrual calculations and forecasting.
System & Process Improvement
- Maintain internal commission systems and documentation.
- Improve automation within Excel (formulas, Power Query, pivot tables, macros if required).
- Assist with testing and implementation of new commission systems.
- Develop standard operating procedures for commission processing.
Compliance & Governance
- Ensure commission calculations comply with company policies and agreements.
- Maintain audit trails and supporting documentation.
- Assist with internal and external audits.
Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.