Sales Commission Analyst

Candescent is a forward-thinking technology company transforming how financial institutions deliver Intelligent Banking experiences. We unite digital banking, account opening, and branch solutions that power and connect digital banking, account opening, and branch solutions-create seamless engagement across digital, remote, and in-person channels. Our Experience-Led, Intelligence-Driven approach combines human-centered design with data, automation, and cloud-based innovation. Built on an API-first architecture, our extensible ecosystem enables institutions to adapt quickly, integrate easily, and unlock new opportunities for growth-turning every customer interaction into a moment of clarity, confidence, and connection. Location: Melville, NY (Onsite 5 days a week) Department: Finance Reports To: Director of Accounting Employment Type: Full-Time Position Summary Candescent is seeking a highly analytical and detail-oriented Sales Commission Analyst to join our Finance team. Based in Melville, NY, this role will be responsible for administering, calculating, validating, and reporting on sales compensation programs across the organization. The Sales Commission Analyst will partner closely with Finance, Sales Leadership, HR, and Revenue Operations to ensure commission plans are accurately executed, timely paid, and aligned with company objectives. This position is ideal for someone with a strong accounting or finance background who enjoys working with large datasets, performing reconciliations, identifying discrepancies, and driving process improvements. Similar to a Senior Accountant role, this position requires a high level of accuracy, analytical rigor, internal controls discipline, and cross-functional collaboration. The role is informed by Candescent's internal finance and sales operations responsibilities emphasizing reporting accuracy, analysis, and business partnership. Key Responsibilities Calculate monthly, quarterly, and annual sales commissions in accordance with approved compensation plans. Validate commission results through detailed audits, reconciliations, and exception reporting. Maintain accurate records of commission calculations, adjustments, and supporting documentation. Partner with Payroll to ensure timely and accurate payment processing. Research and resolve commission inquiries from sales representatives and leadership. Prepare commission accruals and support month-end and quarter-end close activities. Reconcile commission expense accounts and related balance sheet accounts. Develop recurring reports, dashboards, and metrics for Sales and Executive Leadership. Analyze compensation trends and identify opportunities to improve program effectiveness. Assist with budgeting and forecasting of commission expense. Maintain strong internal controls over sales compensation processes. Document commission methodologies, business rules, and procedures. Ensure compliance with company policies and audit requirements. Identify opportunities to automate calculations, improve reporting, and streamline processes. Support implementation and enhancement of commission management tools and workflows. Collaborate with Sales, Revenue Operations, Accounting, FP&A, HR, and Payroll teams. Review new compensation plans and assess operational impact. Support annual plan updates and compensation model changes. Provide data-driven insights to leadership regarding incentive effectiveness and sales performance. Qualifications & Experience Required Bachelor's degree in Accounting, Finance, Business Administration, Economics, or a related field. 3-5+ years of experience in accounting, sales compensation, financial analysis, commission administration, payroll, or a related finance function. Strong understanding of financial reconciliations, accruals, and reporting concepts. Advanced Excel skills including PivotTables, VLOOKUP/XLOOKUP, Power Query, and complex formulas. Experience working with ERP, payroll, CRM, or commission systems. Strong analytical, organizational, and problem-solving skills. Ability to manage multiple priorities while maintaining exceptional attention to detail. Excellent written and verbal communication skills. Preferred Experience with Salesforce, SPIFF, Workday, or similar compensation platforms. Experience supporting SaaS, fintech, technology, or high-growth organizations. Knowledge of ASC 606 and revenue-related compensation considerations. Experience with Power BI or other reporting and analytics tools. Salary The base salary range for this position is $92,000 -115, 000 per year. This range represents the expected base compensation for this role and is based on factors such as skills, experience, geographic location, and job-related qualifications. Statement to Third Party Agencies To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes. Join Candescent, where innovation meets impact, and be a part of revolutionizing the future of digital banking! Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. Candescent is the largest non-core digital banking provider. We bring together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes on any core. #J-18808-Ljbffr