Senior Incentive Compensation Analyst, AlphaSense
$95-115k
Market intelligence and search platform
Be an early applicant
Market intelligence and search platform
1001+ employees
Be an early applicant
$95-115k
1001+ employees
Company mission
AlphaSense's mission is to organize the world’s business information and leverage technology to enable companies to make smarter, faster, and more confident decisions.
Role
Who you are
- 3+ years of variable compensation experience, including commission planning and administration
- Relevant finance experience with Sales is also sufficient
- Very strong Microsoft Excel skills and passion for new technologies
- Experience with QuotaPath or similar compensation tool preferred
- Experience with CRM/HRIS systems like Salesforce and Workday is preferred
- Excellent written and verbal communication skills
- An understanding of commission accounting concepts (accruals, payments, P&L impact, etc.)
- A team player with a positive, “can do” attitude
- Ability to work independently and multi-task in a dynamic setting while maintaining accuracy and delivering against deadlines
- Motivated to work cross-functionally in a role which supports multiple business partners
- BS/BA in accounting, finance, economics, or other quantitative fields preferred
What the job involves
- AlphaSense is looking for a highly motivated Senior Incentive Compensation Analyst to help drive accuracy and efficiency in our incentive compensation process
- Reporting to the Senior Manager, Incentive Compensation, this role will be working cross-functionally with the Rev Org, Rev Ops, FP&A, Accounting, Payroll, Legal, and People teams and will be responsible for commissions and bonus operations including variable compensations calculations, reporting, and analysis
- Fully understand and help administer compensation plans for AlphaSense’s revenue organization, including Sales and Customer Success teams
- Prepare, calculate, and analyze the commissions payout in accordance to the company’s quarterly cadence
- Distribute and track completeness of compensation plan sign-off from revenue personnel to ensure compliance with company policies
- Support the Accounting and FP&A teams in timely and accurate preparation of monthly accruals and reconciliations for commissions accounting
- Act as a point of contact for all commissions related questions and provide thorough and timely answers to the revenue and revenue management teams
- Document approvals and other support materials for any adjustment that will result in changes to pay and assist in drafting policies and procedures around adjustments
- Develop, maintain, and update tool necessary for commissions reporting
- Build documentation to effectively handle all commissions related processes
- Drive process and systems improvements related to the commissions process and lead UAT for annual compensation plan changes
- Provide cross-functional support regarding commissions related inquiries and requests
- Ad Hoc projects and requests, as needed
- Owning and maintaining forecasting and costing model for compensation planning
Our take
Manual research can be a serious pain : financial analysts spend hours every week searching through PDFs one keyword at a time, just to find a single usable insight. To remedy this, AlphaSense has built a smart search engine that slashes research time for analysts, using thousands of sources and a semantic indexing layer that can effectively query finance-specific language.
As a disruptor and market leader in this field AlphaSense has few direct competitors, being most closely compared to Wolfram Alpha or LexisNexis. It helps that its tools are undoubtedly effective and valued by knowledge professionals: the company counts about 85% of the S&P 100 as customers and is trusted by J.P.Morgan, Microsoft, Credit Suisse and Google, among other major enterprises.
Having raised a large amount of funding over 2022 and 2023, AlphaSense has moved quickly to double down on its expansion in European markets, opening an office in Berlin to support this. With 2024 seeing investment from Singaporean EDBI, it is now setting its sights on the Asia-Pacific region. As business intelligence will remain key for enterprises as they compete for market share, AlphaSense is well-placed for additional future growth.
Freddie
Company Specialist at Welcome to the Jungle
Insights
13% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Jun 2024
$650m
LATE VC
Sep 2023
$150m
SERIES E
Total funding: $1.3bn
Company benefits
- Work from home opportunities
Company HQ
Union Square, New York, NY
Leadership
Jaakko Kokko
(CEO)Co-founder of Silecs (materials used in the microelectronics industry).
Raj Neervannan
(CTO)Experienced executive. Previously CTO at Mastek and ChoicePoint, and CEO at Framesoft. Has an MBA from Wharton.
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