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Junior Commercial Finance Analyst - Commissions

📁
Finance & Accounting
💼
LexisNexis
📅
LEX00KWS Requisition #

Commercial Finance / Commissions Analyst (Junior Level)

London


Purpose of the role

  • Track and report on commissionable sales performance

  • Assist in formulating annual commissionable targets in line with LN revenue objectives

  • Act as key point of contact in responding to commission-related queries

  • Support for reporting cost performance for GTM support functions


Key result areas


Sales Commissions

  • Prepare and appraise monthly sales commissions in conjunction with the Commissions Analyst

  • Help review key monthly movements and implications on commission payments

  • Facilitate inbound mailbox query resolution

  • Assist in annual process of calculating accelerator payments

Sales Targets

  • Facilitate the development of annual sales targets, ensuring the scheme is in keeping with desired business behaviours and revenue objectives

  • Help to formulate bottom-up annual sales targets, aligned to the delivery of budgeted revenue.

Commissions, Billings and Cost Reporting

  • Help to create and disseminate insightful analysis of commissionable sales performance, highlighting significant variances to target and any commercial issues

  • Support on the monthly delivery of Billings and Cost reporting

Projects

  • Other ad hoc projects as required to support a dynamic business environment.

Key skills and experience

  • Educated to degree standard, achieving a 2:1 or above in a Finance/Business-related degree

  • Shows desire to operate in a specialist area and use knowledge to deliver results

  • Possesses and applies a good understanding of principles and concepts in own specialist area

  • Maintains up-to-date knowledge in order to develop greater independence in role

  • Ability to communicate on a daily basis with non-finance professionals and demonstrate ability to deal with potentially emotive topics

  • Must have strong knowledge of Microsoft Excel

  • Basic knowledge of SQL desirable

Key competencies

  • Decision making  identifying and understanding issues, problems, and opportunities; comparing data from different sources to draw conclusions

  • Creating a service reputation crafting and implementing service practices that meet customers and LN needs; using appropriate interpersonal styles and techniques to resolve difficult customer situations

  • Innovation - generating innovative solutions in work situations; trying different and novel ways to deal with work problems and opportunities

  • Continuous improvement – originating action to improve existing conditions and processes; identifying improvement opportunities, generating ideas, and implementing solutions

  • Contributing to team success actively participating as a member of a team to move the team toward the completion of goals

  • Technical/professional knowledge and skills – having achieved a satisfactory level of technical and professional skill or knowledge in position-related areas, keep up with current developments and trends in areas of expertise

  • Financial acumen – utilising financial data to diagnose business strengths and weaknesses and identify the implications for potential strategies; keeping a financial perspective in the forefront when recommending courses of action

  • Communication – clearly and succinctly conveying information and ideas to individuals and groups in a variety of situations; communicating in a focused and compelling way that drives others’ thoughts and actions; engaging the audience to help them understand and retain the message.

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