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Commissions Manager

2 weeks ago

North Sydney Council, Australia Fiserv Full time $120,000 - $180,000 per year

Calling all innovators – find your future at Fiserv.

We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day – quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Commissions Manager

What does a successful Commissions do at Fiserv?

The Commissions Manager plays a pivotal role in managing and optimizing the external Independent Sales Organisation (ISO) commission process. This role is responsible for management and oversight of the back-office commission preparation team, owning the calculation process and engagement with internal and external stakeholders, ensuring accurate payouts and continued improvement of the end-to-end process.

What You Will Do:

  • Design & Implement Commission Plans

    Work with business stakeholders in the develop and maintenance commission structures that drive sales performance and align with company objectives.
  • Manage Commission Calculations

    Oversee accurate and timely calculation of ISO commissions.
  • Data Analysis & Reporting

    Analyze performance metrics and commission data to identify trends, discrepancies, and opportunities for improvement. Driving the improvement of data quality of input and drive accountability with the Operations team. Calculate adjustments associated with incorrect commissions. Continuously improve the commission statements.
  • Stakeholder Collaboration

    Work closely with the ISO Sales and Relationship Management (RM) teams, ISO Partners, Finance and Accounting and IT to enhance, improve accuracy and quality of commission processes. Bridge the gap between back-office calculation and front office - RM and Partners. In partnership with RM team engage with partners to resolve commission discrepancies and issues.
  • Compliance & Documentation

    Ensure commission plans comply with legal contracts and internal policies. Maintain clear documentation for audits and reviews.
  • Data and System Oversight & Commission Tool Enhancement

    Manage and improve current commission data inputs and tool. Troubleshoot issues related to data integrity and commission template issues. Drive development of new commission software /tool.

What You Will Need To Have:

  • Effective leadership – ability to manage direct and indirect reporting lines. Ability to influence stakeholders.
  • Strong analytical and Excel skills – ability to interpret and manage large data sets and business rules.
  • Attention to detail
  • Strong communication and stakeholder management.
  • Ability to work under pressure and time constraints.
  • Background in finance, accounting, or sales operations.

What Would Be Great To Have:

  • Bachelor's degree in Finance, Business, Accounting, or related field.
  • 5 years + of experience in commissions, compensation, or financial analysis.
  • Experience in fast-paced, data-driven environments.
  • Payments, Telco, industries with third party sales partners preferred.

Thank you for considering employment with Fiserv. Please:

  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Diversity and Inclusion:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.

Note to agencies:

Fiserv does not accept resume submissions from agencies outside of existing agreements. Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.