1PASSWORD

Senior Analyst, Commissions

1PASSWORD$107K — $150K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in sales compensation within a SaaS environment
  • Strong analytical skills for reporting and commission calculation
  • In-depth knowledge of incentive plan structures and metrics
  • Excellent written and verbal communication skills
  • Proficient in Excel and experience with BI tools like Looker or Tableau
  • Familiarity with CaptivateIQ and Salesforce is a plus
  • Bachelor's degree in Business or Commerce is preferred

Responsibilities

  • Support the Commission Manager in annual compensation setting processes
  • Calculate and prepare monthly commission payouts for the sales team
  • Maintain accurate commission plan database in CaptivateIQ (CIQ)
  • Track completeness of compensation plan sign-off from sales employees
  • Document approvals and changes related to pay adjustments
  • Collaborate with Rev Ops and HR Ops on process improvements
  • Research and provide analysis on compensation disputes

Benefits

  • Health and wellbeing support including competitive health benefits
  • Maternity and parental leave top-up programs
  • Generous paid time off policy
  • RSU program for employees
  • Retirement matching program
  • Paid volunteer days
  • Remote-first work environment
Full Job Description
As a Sr. Analyst, Commissions at 1Password, you will be responsible for helping to build out and administer our Sales Compensation plans. You will be utilizing your analytical skills and business acumen in the timely and accurate calculation of sales commissions for the sales team and be a key contributor in our Finance department. You will have the opportunity to make an immediate impact as you join a growing team and work closely with cross-functional departments. This is a remote opportunity within Canada and the US. What we're looking for: • 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 What you can expect: • 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 USA-based roles only: The annual base salary for this role is between $107,000 USD and $150,000 USD, plus immediate participation in 1Password's benefits program (health, dental, 401k and many others), utilization of our generous paid time off, an equity grant and, where applicable, participation in our incentive programs. Canada-based roles only: The annual base salary for this role is between $84,000 CAD and $118,000 CAD, plus immediate participation in 1Password's generous benefits program (health, dental, RRSP and many others), utilization of our generous paid time off, an equity grant and, where applicable, participation in our incentive programs. At 1Password, we approach each individual's compensation with a promise of fair market value and internal equity commensurate with experience and specific skill set. This posting is for an existing vacancy. *Some roles in our GTM team are currently being hired for in-person hybrid work in Toronto and Austin. These roles will specify on the posting. What we offer We believe in working hard, and rewarding that hard work through our benefits. While not an exhaustive list, here is a glance at what we currently offer: Health and wellbeing Maternity and parental leave top-up programs Competitive health benefits Generous PTO policy Growth and future RSU program for most employees Retirement matching program Free 1Password account Community Paid volunteer days Peer-to-peer recognition through Bonusly Remote-first work environment This posting is for an existing vacancy.

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