[Remote] Senior Analyst, Commissions
Note: The job is a remote job and is open to candidates in USA. 1Password is a leading cybersecurity company that focuses on enhancing digital safety and productivity. They are seeking a Senior Analyst, Commissions to manage and administer sales compensation plans, ensuring accurate commission calculations and collaborating with cross-functional teams to improve processes.ResponsibilitiesSupport the Commission Manager in managing the annual compensation setting process, resetting quotas, plans, and configure CaptivateIQ as neededPrepare and calculate monthly commissions payout across the Company including bonuses and one-time incentive paymentsMaintain the commission plan database in CIQ ensuring data integrity and serve as the primary point of contact all end-user technical (CIQ) or commission inquiriesDistribute and track completeness of compensation plan sign-off from sales employees to ensure compliance with company policiesDocument approvals and other support materials for any adjustment that will result in changes to pay and assist in drafting policies and procedures around adjustmentsPartner 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 processResearch compensation issues, disputes and provide analysis to facilitate resolutionPrepare monthly accruals and reconciliations for commission accounting and support payroll in the timely and accurate preparation of commission payoutsSkills5+ years experience in sales compensation with strong knowledge of a sales function in a SaaS companyExperience with reporting, analytics, and calculation of sales incentive/commission paymentsKnowledge of incentive plan structures; bookings and revenue-based incentive plans, quotas, and acceleratorsExcellent communication skills both written and oral with a proven ability to clearly explain commission concepts, terminology and calculationsExpertise using Excel to analyze large data sets (i.e. basic formulas, pivot tables, VLOOKUPs) and experience with other BI tools such as Looker or TableauStrong attention to detail and the ability to ensure the accuracy of data managementStrong problem-solving and process improvement skillsCreate and manage documentation of procedures to ensure consistency in calculations, audits, and all financial processesAbility to adapt and adjust to a high volume of changesAbility to work under ambiguity and manage multiple priorities in a fast-paced environment, while maintaining high work qualityUniversity degree or equivalent in business and/or commerceExperience using CaptivateIQ (CIQ), Looker and Salesforce an assetKnowledge of US GAAP not required but preferredBenefitsImmediate participation in 1Password's benefits program (health, dental, 401k and many others)Utilization of our generous paid time offAn equity grantWhere applicable, participation in our incentive programsImmediate participation in 1Password’s generous benefits program (health, dental, RRSP and many others)Utilization of our generous paid time offAn equity grantWhere applicable, participation in our incentive programsMaternity and parental leave top-up programsCompetitive health benefitsGenerous PTO policyRSU program for most employeesRetirement matching programFree 1Password accountPaid volunteer daysPeer-to-peer recognition through BonuslyRemote-first work environmentCompany Overview1Password operates as a password manager for documents, credit card information, and addresses. It was founded in 2005, and is headquartered in Toronto, Ontario, CAN, with a workforce of 1001-5000 employees. Its website is https://1password.com.