Commissions Manager – 1Password
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1Password (501+ Employees, 307% 2 Yr Employee Growth Rate)
100% 1-Year Employee Growth Rate | 307% 2-Year Employee Growth Rate | LinkedIn | $920.1M Venture Funding
What Is Employee Growth Rate & Why Is It Important?
Over 100,000 businesses and millions of people use 1Password to protect their most important information, and we believe those people – and the companies they work for – shouldn’t have to choose between security and productivity. We see security as a human challenge, rather than a technological one. It’s hard work, but our mission has always been to ease the tension between security and convenience and help people navigate the digital world without fear or friction. Human-centric security is part of our DNA, but human-centricity is also the backbone of our culture. We encourage big ideas and new ways of working that help us to make the online world a safer place for everyone.
As a Commissions Manager at 1Password, you will be responsible for helping to build out and administer our Sales Compensation plan. 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 managing the commissions process at a tech company
- University degree or equivalent in business and/or commerce
- Experience with reporting, analytics, and calculation of sales incentive/commission payments.
- 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, Looker and Salesforce an asset
- Knowledge of US GAAP not required but preferred
- Previous experience supporting or strong knowledge of sales function in a SaaS company
- Strong attention to detail and the ability to ensure the accuracy of data management
- Proven ability to work cross-functionally and communicate effectively across the organization with key stakeholders at various levels
- Strong problem-solving and process improvement skills
- Ability to adapt and adjust to a high volume of changes
What you can expect:
- Manage the annual compensation setting process, resetting quotas, plans, and modify the plan and configure systems as needed
- Distribute and maintain commission plans database in CaptivateIQ
- 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
- Manage the end-to-end compensation process including commissions calculation, payment, reporting, inquiries, communications, auditing compensation payments and submitting payout details to payroll
- Provide support for all end-user technical or commission inquiries
- Produce well-structured documentation that supports audit & SOX processes
- Preparation of monthly, quarterly and annual commissions file, while ensuring accuracy of payments based on sales commission plans
- Prepare monthly accounting journal entries as part of the month-end close accounting schedule and assist in audit requirements on a quarterly basis
- Consistently review the commission process, while making applicable improvement recommendations to direct manager
- Maintain data integrity in CaptivateIQ, incentive compensation management software
What we offer:
We believe in working hard, and resting hard. We’re always looking for new ways to support our team members, but here’s a glance at what we currently offer:
Health and wellbeing
> Maternity and parental leave top up programs
> Wellness spending account
> Generous PTO policy
> Company-wide wellness days off scheduled throughout the year
> Complimentary Headspace membership
> Comprehensive health coverage
Growth and future
> Employee stock option program for all full time employees
> Retirement matching program
> Training budget, 1Password University access, and learning sessions
> Free 1Password account (and friends and family discount!)
> A You Need A Budget membership
Flexibility and community
> Paid volunteer days
> Employee-led DEI&B programs and ERGs
> Fully remote environment
> Peer-to-peer recognition through Bonusly
You belong here.
1Password is proud to be an equal opportunity employer. We are committed to fostering an inclusive, diverse and equitable workplace that is built on trust, support and respect. We welcome all individuals and do not discriminate on the the basis of gender identity and expression, race, ethnicity, disability, sexual orientation, colour, religion, creed, gender, national origin, age, marital status, pregnancy, sex, citizenship, education, languages spoken or veteran status. Be yourself, find your people and share the things you love.
Accommodation is available upon request at any point during our recruitment process. If you require an accommodation, please speak to your talent acquisition partner or email us at [email protected] and we’ll work to meet your needs.
Candidate Privacy Notice
When you apply for a position, refer a candidate, or are being considered for a role at AgileBits, Inc. (dba 1Password, 1Password, we, us, or our), your information is stored in Lever, in accordance with Lever's Service Privacy Notice. We use this information to evaluate your candidacy for the posted position. We also store this information, and may use it in relation to future positions to which you apply, or which we believe may be relevant to you given your background.
Candidates may also optionally choose to self-identify their race/ethnicity, gender identity, sexual orientation, age, and disability. These answers will help us evaluate our diversity and belonging efforts. You do not have to answer these questions—your answers will not be linked to your name or job application, will not be visible to the hiring manager reviewing your application, and will in no way affect your job application. If you have any questions about the collection or use of this information, please contact [[email protected]].
When we have no ongoing legitimate business need to process your information, we will either delete or anonymize it. If you have any questions about how we use or process your information, or if you would like to ask to access, correct, or delete your information, please contact our privacy team at [[email protected]] or through 1Password Support.