Broadridge Financial Solutions - New York, NY

posted about 2 months ago

Full-time
Hybrid - New York, NY
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

At Broadridge, we are committed to empowering our associates to achieve their best. We are currently seeking a Financial Analyst to join our team in New York City, where you will play a crucial role in supporting the processing of variable compensation for our Global Sales organization. In this position, you will be responsible for analyzing and interpreting systemic commission payments, maintaining the commission database, and manually updating commission overrides. You will also review and interpret commission policies and plans, prepare and reconcile commission payments, and collaborate with Sales Leadership to ensure accurate reporting and insights are provided. Additionally, you will work closely with HR and Sales Operations to analyze compensation efficiency for our sales force, ensuring that all payroll deadlines are met. This role requires a strong understanding of business and cost drivers, along with excellent communication and presentation skills, both written and verbal. You will need to demonstrate proficiency in Excel and possess the ability to work under pressure and meet strict deadlines. Familiarity with the Varicent ICM system is a plus, as are database development skills such as Access or Visual Basic. Occasional travel to various Broadridge locations, including Edgewood, Newark, Lake Success, and potentially other parts of the US and India, may be required. We are looking for a candidate who is eager to join a dynamic and growing team. If you are passionate about developing your career while helping others, we would love to meet with you!

Responsibilities

  • Understanding and maintaining the commission database.
  • Working closely with sales executives and senior management in review of commissions.
  • Understanding and interpreting the commission plans and client contracts in order to properly calculate commissions.
  • Demonstrating an understanding of database functionality to support the maintenance of our ICM System, including documenting system requirements, providing recommendations for system design and enhancements, testing new logic implementation, and troubleshooting errors.
  • Analyzing and interpreting systemic commission payments.
  • Maintaining the commission database which includes commission overrides, sales exceptions, foreign exchange rates, commission accruals, compensation plan rates, and sales reporting.
  • Reviewing and interpreting commission policy and commission plans.
  • Cascading feedback from sales leadership to better enhance the system.
  • Working with consultants to expand the functionality of the ICM System.
  • Meeting all payroll deadlines.

Requirements

  • Bachelor's Degree in Accounting, Finance, Economics, or a related field or equivalent experience required.
  • Advanced Excel skills.
  • Strong writing, communication, and presentation skills.
  • Ability to work under pressure and meet strict deadlines.
  • Knowledge of Varicent Incentives is a plus.
  • Demonstrate a reasonable understanding of accounting processes and requirements to assist FP&A when needed.
  • Database development skills such as Access or Visual Basic are a plus.
  • Ability to travel to various Broadridge locations including Edgewood, Newark, Lake Success, and potentially other parts of the US and India.

Nice-to-haves

  • Knowledge of Varicent ICM system.
  • Database development skills such as Access or Visual Basic.
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