Summary
Overview
Work History
Education
Skills
Websites
Core Proficiencies
Interests
Timeline
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Nathan Shumate

Nathan Shumate

Commissions And Sales Incentives Analyst
Mesa,AZ

Summary

Highly accomplished and detail-oriented professional with dynamic experience in compensation planning and administration. Demonstrated success in identifying opportunities to minimize financial loss and increase revenues. Proven capabilities in assessing financial and business transactions, writing cost analysis reports, and performing account reconciliation procedures. Diligent individual with competencies for calculating commissions and incentives based on sales plan provisions. Multifaceted leader with expertise in verifying data accuracy and maintaining records and files in accordance with standard procedures and methods. Excellent communicator with strong interpersonal, strategic planning, problem-solving, and organizational skills. Technically proficient in SAP Business Objects, SAP ERP, Anaplan, Microsoft Excel, Microsoft PowerBI and Microsoft Office.

Overview

17
17
years of professional experience

Work History

Sales Incentives Lead

Insight Enterprises
02.2023 - 02.2024
  • Designed and maintained modeling and reporting used to create new compensation plans for various sales organizations, while remaining cost neutral.
  • Analyzed over $9B in sales revenue and $1.6B in gross profit data to model compensation plans that met sales and financial goals.
  • Performed cost analyses to ensure proposed compensation plans aligned with budgeted expenditures.
  • Presented compensation plan options to senior sales leadership and incorporated their feedback into existing compensation models.

Commissions Manager

Insight Enterprises
08.2020 - 02.2023
  • Developed and administered multiple commission processes to achieve accurate calculations and payouts.
  • Compiled and delivered monthly commissions payouts to Accounting to use in financial accruals.
  • Processed and submitted monthly commissions payroll for over 1000 teammates to ensure error-free payments.
  • Maximized performance by monitoring daily activities and mentoring team members.
  • Managed monthly, quarterly and annual payouts for merit rewards, sales commissions and bonus programs.

Senior Commissions Analyst

Insight Enterprises
07.2018 - 08.2020
  • Served as a subject matter expert in the execution of the company’s commissions and bonus plans.
  • Administered and maintained bonus files for over 300 sales management teammates, up through the Vice President level.
  • Documented processes and provided training for new Commissions team members.
  • Designed and maintained forecasting tools to project company incentive spending throughout the year.

Commissions Analyst

Insight Enterprises
05.2013 - 07.2018
  • Calculated, validated accuracy of and submitted commission payments within specified deadlines for over 20 different compensation plans.
  • Researched and resolved commission or bonus payment-related inquiries.
  • Provided detailed supporting documentation to sales representatives regarding their payouts.
  • Developed and implemented reporting and auditing tools to improve incentive administration processes, policies and procedures.
  • Supported processes and met deadlines to drive timely and accurate payments.

Partner Accounting Analyst

Insight Enterprises
06.2007 - 05.2013
  • Gathered and examined information to find and obtain vendor rebates to reduce cost of goods sold.
  • Generated and updated information to track gross profit cost adjustments for transmission to the Commissions team.
  • Compiled a monthly template for sales rebates for the Accounting team to use for financial accrual.

Education

Bachelor's degree in Business Administration & Management -

W. P. Carey School of Business, Arizona State University

Skills

Data-driven decision-making

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Core Proficiencies

  • Sales Management
  • Financial Analysis
  • Reporting & Documentation
  • Data Analysis
  • Financial Modeling
  • Risk Assessment & Mitigation
  • Commission Analysis
  • Vendor Management
  • Training & Development
  • Business Development

Interests

Astronomy

Playing guitar

Photography

Timeline

Sales Incentives Lead

Insight Enterprises
02.2023 - 02.2024

Commissions Manager

Insight Enterprises
08.2020 - 02.2023

Senior Commissions Analyst

Insight Enterprises
07.2018 - 08.2020

Commissions Analyst

Insight Enterprises
05.2013 - 07.2018

Partner Accounting Analyst

Insight Enterprises
06.2007 - 05.2013

Bachelor's degree in Business Administration & Management -

W. P. Carey School of Business, Arizona State University
Nathan ShumateCommissions And Sales Incentives Analyst