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[Remote] Senior Analyst, Commissions

Work from home Full-time role Hiring

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.

Responsibilities

  • 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 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

Skills

  • 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
  • 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
  • Experience using CaptivateIQ (CIQ), Looker and Salesforce an asset
  • Knowledge of US GAAP not required but preferred

Benefits

  • Immediate participation in 1Password's benefits program (health, dental, 401k and many others)
  • Utilization of our generous paid time off
  • An equity grant
  • Where applicable, participation in our incentive programs
  • Immediate participation in 1Password’s generous benefits program (health, dental, RRSP and many others)
  • Utilization of our generous paid time off
  • An equity grant
  • Where applicable, participation in our incentive programs
  • Maternity and parental leave top-up programs
  • Competitive health benefits
  • Generous PTO policy
  • RSU program for most employees
  • Retirement matching program
  • Free 1Password account
  • Paid volunteer days
  • Peer-to-peer recognition through Bonusly
  • Remote-first work environment

Company Overview

  • 1Password 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.
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