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Commissions Manager

https://www.1password.com Logo

1Password

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Location:
Canada

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

102000.00 - 138000.00 CAD / Year

Job Description:

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.

Job Responsibility:

  • 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.

Requirements:

  • 6+ years experience managing the commissions process at a tech company
  • 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.

Nice to have:

  • experience using CaptivateIQ, Looker and Salesforce
  • knowledge of US GAAP.
What we offer:
  • maternity and parental leave top-up programs
  • wellness spending allowance
  • generous PTO policy
  • company-wide wellness days off scheduled throughout the year
  • wellness Coach membership
  • comprehensive health coverage
  • company equity for all full-time employees
  • retirement matching program
  • training budget, 1Password University access, and learning sessions
  • free 1Password account (and friends and family discount)
  • paid volunteer days
  • employee-led DEIB programs and ERGs and ECGs
  • fully remote environment
  • peer-to-peer recognition through Bonusly.

Additional Information:

Job Posted:
March 26, 2025

Employment Type:
Fulltime
Work Type:
Remote work
Job Link Share:
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