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Senior Sales Commission Analyst

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Okta

3d ago

  • Job
    Full-time
    Mid-level (3-4 years)
  • Banking & Finance
  • $99K - $149K
  • San Francisco

AI generated summary

  • You need 3+ years high-tech company exp., a BS/BA in accounting/finance, Xactly tool knowledge, strong Excel skills, CRM/HRIS exp., great communication & teamwork abilities, and the drive to work cross-functionally to succeed in this role at Okta.
  • You will analyze and distribute monthly sales commissions, support sales teams with inquiries, ensure compliance, handle adjustments, develop tools, drive process improvements, and assist with ad hoc projects.

Requirements

  • 3+ years of high-tech company experience (SaaS/Cloud model preferred) in Finance or accounting with minimum 2-3 years’ experience as commissions administrator
  • BS/BA in accounting, finance, economics, or other quantitative fields preferred
  • Minimum of 2-3 years’ experience with Xactly or similar compensation tool is highly preferred
  • Very strong Microsoft Excel skills and passion for new technologies
  • Experience with CRM/HRIS systems like Salesforce and Workday is preferred
  • Excellent written and verbal communication skills
  • A team player with a positive, “can do” attitude
  • Ability to work independently and multi-task in a dynamic setting while maintaining accuracy and delivering against deadlines
  • Motivated to work cross-functionally in a role which supports multiple business partners

Responsibilities

  • Fully understand and administer Okta’s Sales Compensation plans
  • Prepare, calculate, and analyze the monthly commissions payout in accordance to Okta’s monthly/quarterly cadence
  • Distribute and track completeness of compensation plan sign-off from sales personnel to ensure compliance with company policies
  • Support the Accounting team in timely and accurate preparation of monthly accruals and reconciliations for commissions accounting
  • Act as Point of Contact for all commissions related questions and provide thorough and timely answers to the sales and sales management teams and maintain regular customer service via ServiceNow tickets
  • Effective communicator who can take complex logic and scenarios and describe them simply and clearly to various internal parties
  • 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
  • Develop, maintain, and update tool necessary to sales commissions reporting
  • Build documentation to effectively handle all commissions related processes
  • Drive process and systems improvements related to commissions process and lead User Acceptance Testing for annual compensation plan changes
  • Provide cross-functional support regarding commissions related inquiries and requests
  • Maintain, document, and adhere to internal controls to ensure Sox and policy compliance
  • Ad Hoc projects and requests, as needed

FAQs

What are the key responsibilities of a Senior Sales Commission Analyst at Okta?

The key responsibilities of a Senior Sales Commission Analyst at Okta include driving sales commission plans, calculations, and audit accuracy globally, working cross-functionally with various teams such as Sales Org, Sales Ops, Financial Planning & Analysis, Accounting, Payroll, Legal, and HR, and being responsible for commissions and bonus operations including variable compensation calculations, reporting, and analysis.

What qualifications and experience are required for the Senior Sales Commission Analyst role at Okta?

The ideal candidate for the Senior Sales Commission Analyst role at Okta would be a self-starter with 4-6 years of Sales variable compensation experience. They should have strong analytical skills, be detail-oriented, have experience working cross-functionally with different teams, and be proficient in managing commissions and bonus operations.

Who does the Senior Sales Commission Analyst report to at Okta?

The Senior Sales Commission Analyst at Okta reports to the Commissions Operations Manager.

How does the Senior Sales Commission Analyst collaborate with other teams at Okta?

The Senior Sales Commission Analyst collaborates with various teams such as Sales Org, Sales Ops, Financial Planning & Analysis, Accounting, Payroll, Legal, and HR to ensure accurate and timely commissions and bonus operations. This involves working cross-functionally to drive sales commission plans and calculations globally.

What skills are important for a successful Senior Sales Commission Analyst at Okta?

Important skills for a successful Senior Sales Commission Analyst at Okta include strong analytical skills, attention to detail, ability to work cross-functionally with different teams, proficiency in managing commissions and bonus operations, and experience in Sales variable compensation calculations and analysis.

The World's Identity Company

Technology
Industry
1001-5000
Employees
2009
Founded Year

Mission & Purpose

Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 10,000 organizations, including JetBlue, Nordstrom, Siemens, Slack, T-Mobile, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

Benefits

  • Healthcare

  • Sick pay insurance

  • Pension scheme

  • Dental