Echo Electric, part of the Sonepar group, is a leading electrical distributor committed to a sustainable future. They are seeking a Financial Analyst to manage sales compensation programs and support financial planning and analysis activities, ensuring accurate commission calculations and providing insights for strategic decision-making.
Responsibilities
- Own and manage the end-to-end commission administration process, including data validation, commission calculations, review, approval support, and payout file preparation
- Ensure commission payments are accurate, timely, compliant, and audit ready
- Interpret and operationalize commission and incentive compensation plans, including quotas, tiers, accelerators, bonuses, and special incentive programs
- Serve as a primary contact for commission-related inquiries and dispute resolution
- Analyze sales compensation performance and evaluate compensation expense against business results
- Develop models and scenario analyses to support compensation plan evaluation and design
- Maintain compliance with company compensation programs, wage and hour requirements, internal policies, and applicable regulatory requirements
- Identify process improvement opportunities to increase accuracy, efficiency, and scalability
- Support annual budgeting, monthly forecasting, and long-range planning processes
- Analyze revenue, gross margin, operating expenses, commission expense, and profitability trends
- Perform variance analysis against budget, forecast, and prior-period results and communicate key performance drivers
- Build and maintain financial models that support strategic and operational decision-making
- Provide business leaders with actionable financial insights, recommendations, and risk assessments
- Conduct scenario planning and sensitivity analysis to support business initiatives and resource planning
- Prepare recurring financial reporting packages for leadership review
- Support Monthly Business Reviews (MBRs) by providing meaningful analysis and commentary on business performance
- Identify risks, opportunities, and recommend corrective actions
- Track and analyze key business metrics, including revenue growth, margin performance, cost of sales, sales attainment versus commission payouts, forecast accuracy, and business unit performance indicators
- Partner with Sales Leadership on compensation performance, commission analytics, and sales productivity
- Partner with the FP&A team on forecasting, budgeting, reporting, and business performance analysis
- Partner with Accounting on commission accruals, reconciliations, and financial reporting
- Partner with Human Resources on compensation governance, policy alignment, and program administration
- Partner with Operations Leadership on business planning and operational performance analysis
- Provide financial guidance and recommendations that support sound business decisions and continuous improvement
- Develop, document, and maintain effective internal controls surrounding commission administration and reporting
- Lead automation initiatives to improve financial and commission-related processes
- Enhance reporting capabilities using advanced Excel, BI tools, and financial systems
- Ensure data integrity across ERP, CRM, commission management, and reporting platforms
- Support internal and external audit requests as needed
Skills
- Bachelor's degree in finance, Accounting, Economics, Business Administration, or related field
- Minimum 3-5 years of experience in Financial Analysis, FP&A, Sales Compensation, Corporate Finance, or related discipline
- Advanced Microsoft Excel skills, including financial modeling, large data analysis, advanced formulas, and data validation techniques
- Strong reconciliation, reporting, and analytical capabilities
- Exceptional attention to detail and accuracy
- Strong analytical and problem-solving skills
- Ability to exercise independent judgment and make recommendations based on financial analysis
- Demonstrated accountability and ownership of critical processes
- Effective communication and business partnership skills
- Ability to prioritize multiple projects and meet established deadlines in a dynamic business environment
- Continuous improvement and process optimization mindset
- Experience supporting both commission administration and financial planning processes preferred
- Experience with financial modeling, forecasting, budgeting, and business reporting strongly preferred
- Experience with CRM systems, Salesforce preferred, commission administration systems, and ERP platforms
- Experience with budgeting and forecasting systems such as Adaptive Planning, Anaplan, Oracle, SAP, or similar tools preferred
- Familiarity with Power BI, Tableau, SQL, Python, or other analytics tools is desirable
Benefits
- Healthcare plans
- Dental & vision
- Paid time off
- Paid parental leave
- 401(k) retirement savings with company match
- Professional and personal development programs
- Opportunity to become a shareholder
- Employer-paid short- and long-term disability
- Employer-paid life insurance for spouse and dependents
- Robust wellness program
- Gym reimbursement
- Employee Referral Program
- Employee Assistance Program (EAP)
Company Overview
- Echo Electric distributes electrical and industrial products and offers digital tools for ordering and project management. It was founded in 1932, and is headquartered in Springfield, Illinois, USA, with a workforce of 1001-5000 employees. Its website is https://echoelectric.com.