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Sr. Commissions Analyst

The role:

Okta is searching for a Sr. Commissions Analyst role who will be responsible for commissions and bonus operations including variable compensations calculations, reporting, and analysis. Additional responsibilities include:

  • Fully understand and administer Okta’s 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
  • 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
  • Understand SOX requirements and assist in the creation/maintenance of documentation

Requirements

  • 4-6 years of forward-thinking finance/accounting/commissions experience with validated understanding of sales and commissions process. At least 2 years in a commission administration role
  • BS/BA in accounting, finance, economics or other quantitative fields preferred
  • Minimum of 2-3 years experience with Xactly compensation tool
  • Microsoft Excel experience
  • Excellent written and verbal communication skills
  • 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
  • Understanding of SaaS business model

Okta is an Equal Opportunity Employer

 

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