Neuronetics Malvern , PA 19355
Posted 1 week ago
Overview
The Finance Manager will support the AVP of Corporate Strategy and Sales Operations with the day-to-day operations of the department. Responsibilities of the department include, sales compensation, investor relations and earnings preparation, collections of all outstanding customer balances, revenue reporting, forecasting, and project management. The Finance Manager will have one direct report, the Sales Compensation and Reporting Analyst.
Essential Duties/Responsibilities: • Oversees the commission compensation plan for approximately 80 sales representatives and managers, encompassing 8 different plans. • Responsible for the development, implementation, and maintenance of monthly and annual quotas.• Ensure sales compensation practices adhere to company policies.• Through collaboration with IT and Data Analytics, continuously evaluate and enhance sales compensation processes and systems to improve efficiency, accuracy, and transparency.• Develop and deliver regular and ad-hoc sales compensation reports and dashboards to provide insights to sales leadership and stakeholders.• Responsible for administering AlignMix (mapping software), and the annual territory mapping for ASMs, PDMs, Regions and Districts.• Responsible for Versa Pay administration, including account maintenance, payment plan administration, automated statements and reminder, interface with NetSuite, and customer inquiries.• Facilitate collection efforts on capital AR, including the tracking of past due and implications on commission payouts and potential clawbacks/holds on commission.• Support AVP with review of open AR reports to strategically target collection efforts to minimize delinquencies and help improve DSO. • Assist with the proper preparation and delivery of letters, notices, and other communications regarding delinquent accounts.• Partner with Accounting to ensure all payments are accounted for and are properly posted.• Assist the AVP with quarterly cash forecasting and cash collections tracking.• Other projects as needed.
Knowledge, Skill, and Abilities: • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. • Knowledge of ERP and data base systems, as well as expertise in Microsoft Office products • Demonstrated experience using Excel to build and maintain complex financial models as well as perform financial and data analysis.• Experience using PowerPoint to create and maintain presentations used internally across all levels of the organization, from the Board of Directors to new hire onboarding.• Must show high level of discretion in dealing with sensitive information relating to compensation, projects, and other corporate initiatives• Must have ability to communicate effectively, both verbally and in writing, to all levels of the organization.• Must be well organized, with demonstrated ability to manage projects of a large scale, often involving others with tight deadlines.• Flexibility and adaptability in a changing work environment.• Strong team player.• Communicate with customers effectively and professionally.• Must be independently motivated and able to work without detailed direction. This individual should be comfortable working in a fast-paced, ever-changing environment and display the ability and the willingness to meet business critical deadlines.
Education and Experience: • Bachelor's Degree required, preferably in Finance or Accounting.• 7-10 years of various financial roles and experience• MBA preferred• NetSuite, AlignMix, and VersaPay experience preferred but not required.
Physical Requirements:• Standing/Sitting 90% (office base desk job)• Walking/Bending/Stooping 10% (office-based desk job)• Lifting Requirements (office-based desk job) • Minimal Travel by air, rail, auto (Less than 5%)
Neuronetics