Sales Compensation Lead

Client: Financial Services Firm
Role: Sales Compensation Lead
Salary: $110,000 - $130,000/annually bonus
Hybrid 3 days a week onsite 2 days from home
Location: New York City
****Must have experience working with calculating commissions
A dynamic and results-driven professional is sought to join the Production Compensation Team within a Finance organization. This high-impact role involves managing the end-to-end compensation process for global institutional and intermediary sales teams, while driving innovation, efficiency, and insights to support financial planning and execution.
The position requires strong collaboration across functions, including Payroll, Client Billing, Fund Administration, HCM Business Partners, Client Coverage Management, and Technology, to ensure the seamless execution of compensation processes. It also offers the opportunity to apply analytical and technical skills to influence decision-making and lead continuous process and technology improvements.
Key Responsibilities:

• Own the Process: Manage timely, accurate, and efficient processing of monthly, quarterly, and annual compensation calculations; prepare and distribute detailed compensation statements to sales teams
  
• Problem-Solve with Precision: Conduct root-cause analyses for payout variances and provide clear, data-driven explanations to Client Coverage Management
  
• Deliver Insights: Analyze compensation trends and forecasts to provide actionable insights to senior management
  
• Financial Oversight: Record and reconcile compensation expense entries in the general ledger, including profit & loss impact and balance sheet reconciliations
  
• Collaborate Across Teams: Work with HCM, Technology, and Client Coverage Management to ensure accurate plan implementation and issue resolution
  
• Drive Innovation: Lead the design, testing, and deployment of technology enhancements to optimize compensation processes
  
• Enhance Efficiency: Identify and execute process and data improvements to enhance accuracy, scalability, and overall workflow efficiency

Qualifications:

• Bachelor's degree in Accounting or Finance
  
• 7-10 years of experience in accounting, financial reporting, or financial analysis
  
• Prior experience with commission-based compensation is required
  
• Experience in asset management or investment advisory is preferred
  
• Advanced Excel and PowerPoint skills; SAP experience is a plus
  
• Strong written and verbal communication skills, with the ability to present to senior stakeholders
  
• Exceptional attention to detail, organizational abilities, and analytical problem-solving skills
  
• Ability to manage multiple priorities in a fast-paced, deadline-driven environment
  
• Team-oriented mindset and willingness to support a variety of cross-functional initiatives

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal .
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here .
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.