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Senior Commissions Analyst

The Accounting and Financial Operations team at Chainalysis is focused on building the appropriate accounting rigor and infrastructure while simultaneously maturing and transforming back office operations. We strive to grow our processes, operations, and team to meet the rapidly expanding needs of the business. We seek to match the pace of innovation of the business and to deliver real time and meaningful insights.

As a Senior Commissions Analyst, you'll help ensure sales teams are properly incentivized and compensated for their efforts in accordance with sales, accounting, and budgeting policies.  You'll assist in optimizing key processes following best practices in a way that scales with Chainalysis’s hyper-growth and sets the company up for future success.

In this role, you’ll: 

  • Responsible for day-to-day commission administration in CaptivateIQ or similar sales commission system, resulting in accurate and timely commission payments

  • Create, validate, and audit monthly reports to ensure the accuracy and completeness of commission crediting and payout results

  • Troubleshoot and resolve calculation and data errors within the tool

  • Respond to compensation-related inquiries from the Sales Team in an effective and timely manner

  • Perform configuration, testing, and other support activities related to plan, quota, and policy changes

  • Calculate commission/incentive award payments to sales personnel based on commission plan provisions

  • Prepare key monthly commission reconciliation reports including reporting of monthly commission and sales attainment metrics

  • Proactively identify, develop, and implement process improvements, documenting desktop procedures and training documentation to achieve efficiencies and scalability

  • Generate internal documentation on compensation plans, reporting guidelines and compensation related FAQs and manage employee inquiries


We’re looking for candidates who have:  

  • 5+ years of experience

  • Bachelor’s degree in Business, Economics, Finance or Accounting or similar field

  • Excellent communication skills and ability to partner effectively across functions and levels throughout the company

  • Strong attention to detail and accuracy, coupled with big-picture strategic understanding

  • Possess strong organizational and time management skills

  • Capable of taking initiative to drive process change and improvements

  • Ability to work independently in a fast-paced, dynamic setting while maintaining accuracy and delivering against deadlines

Nice to have experience: 

  • Experience with sales commission tools (CaptivateIQ, Xactly, or similar) 

  • Experience with SalesForce 

  • Experience with Tableau, Periscope, or Looker to create reports and dashboa

About Chainalysis

Blockchain technology is powering a growing wave of innovation. Businesses and governments around the world are using blockchains to make banking more efficient, connect with their customers, and investigate criminal cases. As adoption of blockchain technology grows, more and more organizations seek access to all this ecosystem has to offer. That’s where Chainalysis comes in. We provide complete knowledge of what’s happening on blockchains through our data, services, and solutions. With Chainalysis, organizations can navigate blockchains safely and with confidence.

You belong here. 

At Chainalysis, we believe that diversity of experience and thought makes us stronger. With both customers and employees around the world, we are committed to ensuring our team reflects the unique communities around us. Some of the ways we’re ensuring we keep learning are an internal Diversity Committee, Days of Reflection throughout the year including International Women’s Day, Harvey Milk Day, World Humanitarian Day, and UN International Migrants Day, and a commitment to continue revisiting and reevaluating our diversity culture. 

We encourage applicants across any race, ethnicity, gender/gender expression, age, spirituality, ability, experience and more. If you need any accommodations to make our interview process more accessible to you due to a disability, don't hesitate to let us know. You can learn more here. We can’t wait to meet you. 

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What You Should Know About Senior Commissions Analyst, Chainalysis

At Chainalysis, we’re looking for a Senior Commissions Analyst to join our dynamic Accounting and Financial Operations team. In this exciting role, you'll play a crucial part in ensuring our sales teams receive the incentivization and compensation they deserve! Your contributions will help streamline our processes while aligning with our rapidly expanding business needs. As part of your daily tasks, you’ll manage commission administration using CaptivateIQ or a similar system, guaranteeing that commission payments are accurate and timely. You'll create and audit monthly reports, troubleshoot data errors, and respond promptly to any inquiries from the sales team regarding compensation. Your expertise will be invaluable as you handle important calculations for commission and incentive awards based on structured plans. You'll also help with the preparation of key reconciliation reports and proactively identify areas for process improvements. We are looking for individuals with at least 5 years of experience, a Bachelor's degree in Business, Finance, or a related field, and exceptional organizational skills. If you’re capable of adjusting in a fast-paced environment and have excellent communication skills, this could be your next career move. At Chainalysis, we recognize and believe in the power of diverse experiences, and we’re committed to fostering an inclusive workplace where everyone can thrive. So, if you're ready to support the next wave of blockchain innovation and be a part of a team that values your contributions, let's connect!

Frequently Asked Questions (FAQs) for Senior Commissions Analyst Role at Chainalysis
What responsibilities does a Senior Commissions Analyst at Chainalysis have?

As a Senior Commissions Analyst at Chainalysis, your primary responsibilities include managing day-to-day commission administration, creating and auditing monthly reports for accuracy, troubleshooting data errors, responding to inquiries from the sales team, and calculating incentive payments based on commission plans.

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What qualifications do I need to apply for the Senior Commissions Analyst role at Chainalysis?

To apply for the Senior Commissions Analyst position at Chainalysis, candidates should have at least 5 years of relevant experience along with a Bachelor's degree in Business, Economics, Finance, Accounting, or a similar field. Strong organizational skills and attention to detail are also crucial.

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How can I improve my chances of being hired as a Senior Commissions Analyst at Chainalysis?

To boost your chances of being hired as a Senior Commissions Analyst at Chainalysis, ensure you demonstrate your experience with sales commission tools, your ability to manage processes efficiently, and your strong communication skills. Additionally, showcasing a proactive approach to process improvements can set you apart.

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What tools does a Senior Commissions Analyst at Chainalysis work with?

In the role of Senior Commissions Analyst at Chainalysis, you will primarily work with commission administration tools like CaptivateIQ and may also use SalesForce and reporting tools like Tableau, Periscope, or Looker to create insightful reports.

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What is the company culture like at Chainalysis for the Senior Commissions Analyst position?

The culture at Chainalysis values diversity and inclusivity, allowing employees to thrive. As a Senior Commissions Analyst, you can expect a collaborative environment focused on continuous learning, where every team member's contributions and perspectives are appreciated.

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What is the growth potential for a Senior Commissions Analyst at Chainalysis?

At Chainalysis, there is significant growth potential for a Senior Commissions Analyst. The company is experiencing rapid expansion in the blockchain space, and if you excel in your role, you could advance into higher analytical positions or leadership roles within the finance team.

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Would a career as a Senior Commissions Analyst at Chainalysis be suitable for someone who prefers working independently?

Yes, a career as a Senior Commissions Analyst at Chainalysis is well-suited for someone who enjoys independent work. The role requires a proactive self-starter who can excel in a fast-paced environment while managing their responsibilities effectively.

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Common Interview Questions for Senior Commissions Analyst
Can you explain your experience with commission administration systems similar to CaptivateIQ?

Discuss any specific experiences you have with commission administration tools, highlighting your role in managing and troubleshooting the system, along with any process improvements you implemented to enhance accuracy and efficiency.

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How do you ensure accuracy in commission calculations?

Explain your approach to ensuring accuracy, such as how you validate the underlying data, the checks you implement, and any reconciliation processes you follow to verify your calculations.

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Describe a time you identified a process improvement in your previous roles.

Provide a specific example detailing the situation, the steps you took to implement the improvement, and the measurable outcomes that resulted from your efforts. This shows your proactive mindset and analytical skills.

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How do you handle disputes over commission payments with sales staff?

Share your approach to addressing disputes, emphasizing your communication skills and problem-solving strategies. Highlight the importance of timely and effective responses to maintain good relations with the sales team.

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What strategies do you use to stay organized in a fast-paced environment?

Discuss techniques you use to manage your time effectively and stay organized, such as prioritization methods, tools for tracking your tasks, and how you remain adaptable to changing circumstances.

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How do you ensure compliance with company policies regarding commissions?

Explain the steps you take to familiarize yourself with company policies and regulations, including any regular audits you perform and how you communicate these policies to the sales team.

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Can you share your experience working with cross-functional teams?

Detail your experience collaborating with various departments such as sales, finance, or HR. Discuss how you build relationships and ensure alignment on commission structures and policies.

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What tools do you think are essential for a Senior Commissions Analyst?

Discuss the tools that you believe are crucial for success in the role, including any specific software you have experience with and how these tools enhance your efficiency in managing commissions.

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How do you stay updated on industry best practices for commission structures?

Share how you seek out industry trends, whether through webinars, networking, or research. Highlight your commitment to continuous learning and how it benefits your performance.

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What do you find most challenging about working in commission analysis?

Discuss specific challenges you’ve faced and how you addressed them, demonstrating your critical thinking and resilience in overcoming obstacles in commission analysis.

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Cryptocurrencies have already opened up new markets and made the global economy bigger, fairer, and more deeply integrated. We’re only seeing the beginning of what this transformative technology has to offer. But cryptocurrency needs greater trus...

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Full-time, remote
DATE POSTED
November 26, 2024

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