Pricing & Commission Analyst- Westminster, CO
Krayden Pricing & Commission Analyst- Westminster, CO
Job Summary:
As the Pricing & Commission Analyst, you will own the analytical aspects associated with product costs, increases from suppliers or internal Krayden, sales prices, special costs, rebates, and tracking and subsequent payment of all variable OEM compensation plans. This includes the technical sales plans in the Americas and APAC, BDR plans, Sales Manager plans, Sales Director plans, Distribution plans, and Inside Sales plans. You will own territory alignment and ensure that sales are correctly attributed to the correct rep. You will also support resolving data issues affecting sales compensation.
Work Schedule: This is a hybrid position. New team members will be expected to work onsite 4–5 days per week during the first few months to support training, onboarding, and team integration. Ongoing schedule flexibility will be evaluated after the training period.
Job Responsibilities:
Pricing Functions:
Create baseline product material cost analysis
Create analysis of optimal sales pricing recommendations using historical and market segment sales prrices
Create tracking and analytical tools to determine the effectiveness of price increases when COGS increase
Provide analysis for pricing and cost trends to the sales and management teams
Track special costs from suppliers and rebates along with trends
Compensation Functions:
Create compensation plan records for sales team tracking at the beginning of each year
Coordinate with sales managers to calculate and upload baseline and budget numbers
Manage the process that splits sales credits between sales reps
Validate commission calculators
Manage the territory change process
Update the territory master logic as business needs change
Research and rectify data issues affecting sales compensation, including, but not limited, to margin issues
Make suggestions for process changes that will increase data integrity
Support finance team with data for commission accrual calculations
Implement territory boundary changes as the business grows
Document compensation plan details and compensation plan execution methodology
Proactively provide updates on compensation execution milestones, priorities, and the expectations to the sales team
Support the sales team with questions regarding their compensation
Manage the sales team map through Salesforce Territory Planning
Compensation related reports
Other related duties as assigned
Core Competencies:
Strong analytical and problem-solving skills
Ability to create pricing models based on current and historical data
Ability to make sound business decisions while considering broader organizational objectives and context
Ability to understand stakeholder needs and develop effective solutions rather than simply executing requests
Excellent verbal and written communication skills, with the ability to convey information clearly and concisely
Strong attention to detail and commitment to data accuracy
Ability to work independently while managing multiple priorities
Adaptability in an environment with evolving processes, systems, and imperfect data
Ability to proactively anticipate stakeholder questions and address potential concerns before they arise
Strong data visualization skills and ability to clearly articulate its meaning to stakeholders
Ability to evaluate existing processes, identify improvement opportunities, and implement effective solutions
Qualifications:
Business, Finance, Accounting, Economics or related field
5 to 10 years of pricing analysis or sales compensation administration experience
4 to 8 years of analytical experience in sales, business, finance or related field
Strong knowledge of Microsoft Excel including advanced formulas and pivot tables
Strong ability to validate data integrity and troubleshoot data quality challenges
Preferred Qualifications:
2+ years Salesforce experience
Salesforce, Power BI, or related certifications
NetSuite experience is a plus
Benefits:
Krayden offers a competitive employee-focused benefits package which includes Medical, Dental, Vision Care & Life insurance, Flexible Spending Accounts (FSA), Health Savings Account (HSA), 401(K) Retirement Plan, Tuition Reimbursement & much more.