Senior Analyst, Commissions

🕒 2 days ago

🇺🇸 United States – Remote

💵 $107k - $150k / year

⏰ Full Time

🟠 Senior

🧐 Analyst

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1Password

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 2009

🔒 Cybersecurity

☁️ SaaS

⚡ Productivity

💰 $620M Series C on 2022-01

Cybersecurity • SaaS • Productivity

1Password is a leading password management and cybersecurity company that offers solutions for both individual and business customers to securely store and manage passwords, secrets, and sensitive information. With features like extended access management (XAM), 1Password empowers users to manage access to every application and web account, ensuring security across all devices with alerts for possible breaches. Trusted by over 150,000 businesses, 1Password provides comprehensive security solutions that enhance productivity by enabling easy and secure sharing of credentials and managing permissions, while maintaining high visibility and control. Their services cater to enterprises and families, providing protection from bad actors in today's SaaS-centric hybrid work environment.

📋 Description

• Support the Commission Manager in managing the annual compensation setting process, resetting quotas, plans, and configure CaptivateIQ as needed • Prepare and calculate monthly commissions payout across the Company including bonuses and one-time incentive payments • Maintain the commission plan database in CIQ ensuring data integrity and serve as the primary point of contact for all end-user technical (CIQ) or commission inquiries • Distribute and track completeness of compensation plan sign-off from sales employees to ensure compliance with company policies • 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 • Partner with other functions such as Rev Ops and HR Ops to establish best practices, and improve processes to increase efficiency and accuracy of the sales commissions process • Research compensation issues, disputes and provide analysis to facilitate resolution • Prepare monthly accruals and reconciliations for commission accounting and support payroll in the timely and accurate preparation of commission payouts

🎯 Requirements

• 5+ years experience in sales compensation with strong knowledge of a sales function in a SaaS company • Experience with reporting, analytics, and calculation of sales incentive/commission payments • Knowledge of incentive plan structures; bookings and revenue-based incentive plans, quotas, and accelerators • Excellent communication skills both written and oral with a proven ability to clearly explain commission concepts, terminology and calculations • Expertise using Excel to analyze large data sets (i.e. basic formulas, pivot tables, VLOOKUPs) and experience with other BI tools such as Looker or Tableau • Experience using CaptivateIQ (CIQ), Looker and Salesforce an asset • Knowledge of US GAAP not required but preferred • Strong attention to detail and the ability to ensure the accuracy of data management • Strong problem-solving and process improvement skills • Create and manage documentation of procedures to ensure consistency in calculations, audits, and all financial processes. • Ability to adapt and adjust to a high volume of changes • Ability to work under ambiguity and manage multiple priorities in a fast-paced environment, while maintaining high work quality. • University degree or equivalent in business and/or commerce

🏖️ Benefits

• Immediate participation in 1Password's benefits program (health, dental, 401k and many others) • Generous paid time off • Equity grant • Participation in our incentive programs