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Senior Sales Commission Analyst

Get to know Okta

Okta is The World’s Identity Company. We free everyone to safely use any technology—anywhere, on any device or app. Our Workforce and Customer Identity Clouds enable secure yet flexible access, authentication, and automation that transforms how people move through the digital world, putting Identity at the heart of business security and growth. 

At Okta, we celebrate a variety of perspectives and experiences. We are not looking for someone who checks every single box - we’re looking for lifelong learners and people who can make us better with their unique experiences. 

Join our team! We’re building a world where Identity belongs to you.

Senior Sales Commission Analyst

Okta is looking for a highly motivated Senior Sales Commission Analyst, to take a lead role in driving our sales commission plans, calculations, and audit accuracy globally. Reporting to the Commissions Operations Manager, this role will be working cross-functionally with the Sales Org, Sales Ops, Financial Planning & Analysis, Accounting, Payroll, Legal, and HR teams and will be responsible for commissions and bonus operations including variable compensations calculations, reporting, and analysis. The ideal candidate would be a self-starter who brings with them 4-6 years of Sales variable compensation experience.

 

What you’ll be doing 

  • Fully understand and administer Okta’s Sales 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 and maintain regular customer service via ServiceNow tickets
  • 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
  • Maintain, document, and adhere to internal controls to ensure Sox and policy compliance
  • Ad Hoc projects and requests, as needed

 

What you’ll bring to the role

  • 3+ years of high-tech company experience (SaaS/Cloud model preferred) in Finance or accounting with minimum 2-3 years’ experience as commissions administrator
  • BS/BA in accounting, finance, economics, or other quantitative fields preferred
  • Minimum of 2-3 years’ experience with Xactly or similar compensation tool is highly preferred
  • Very strong Microsoft Excel skills and passion for new technologies
  • Experience with CRM/HRIS systems like Salesforce and Workday is preferred
  • Excellent written and verbal communication skills
  • A team player with a 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

#LI-Hybrid

#LI-CM2

 

 

Below is the annual base salary range for candidates located in California. Your actual base salary will depend on factors such as your skills, qualifications, experience, and work location. In addition, Okta offers equity (where applicable), bonus, and benefits, including health, dental and vision insurance, 401(k), flexible spending account, and paid leave (including PTO and parental leave) in accordance with our applicable plans and policies. To learn more about our Total Rewards program please visit: https://rewards.okta.com/us.   

The annual base salary range for this position for candidates located in the San Francisco Bay area is between:
$99,000$149,000 USD

What you can look forward to as an Full-Time Okta employee!

Okta cultivates a dynamic work environment, providing the best tools, technology and benefits to empower our employees to work productively in a setting that best and uniquely suits their needs. Each organization is unique in the degree of flexibility and mobility in which they work so that all employees are enabled to be their most creative and successful versions of themselves, regardless of where they live. Find your place at Okta today! https://www.okta.com/company/careers/.

Okta is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, marital status, age, physical or mental disability, or status as a protected veteran. We also consider for employment qualified applicants with arrest and convictions records, consistent with applicable laws. If reasonable accommodation is needed to participate in the job application, interview process, or onboarding please use this Form to request an accommodation.

Okta is committed to complying with applicable data privacy and security laws and regulations. For more information, please see our Privacy Policy at https://www.okta.com/privacy-policy/

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CEO of Okta
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Average salary estimate

$124000 / YEARLY (est.)
min
max
$99000K
$149000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Sales Commission Analyst, Okta

Are you ready to join the dynamic world of identity security with Okta? We are on the lookout for a Senior Sales Commission Analyst to play a pivotal role in shaping our sales commission plans and ensuring everything runs smoothly. Based in beautiful San Francisco, CA, you’ll collaborate across various teams—including Sales Org, Finance, and HR—to manage commissions and bonus operations. This is not just about calculations; it's about crafting a seamless experience for our sales teams while ensuring compliance and accuracy across the board. If you have 4-6 years of experience in sales variable compensation, are a self-starter with a knack for communication, and can simplify complex scenarios, we want you on our team! You'll dive deep into our commission structures, meticulously analyzing payouts monthly and quarterly, tackling inquiries, and supporting processes that enhance accuracy. Plus, with Okta's commitment to diversity and unique perspectives, your voice will be heard and valued. If you’re excited about driving process improvements and becoming an essential part of a forward-thinking company, apply today and help us build a world where Identity belongs to everyone!

Frequently Asked Questions (FAQs) for Senior Sales Commission Analyst Role at Okta
What does a Senior Sales Commission Analyst do at Okta?

At Okta, the Senior Sales Commission Analyst plays a crucial role in managing sales commission plans and ensuring accurate calculations and reporting. This includes preparing monthly payouts, ensuring policy compliance, and acting as the main contact for commission-related inquiries.

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What qualifications are needed for the Senior Sales Commission Analyst position at Okta?

To succeed as a Senior Sales Commission Analyst at Okta, candidates should have 3+ years of experience with sales compensation in a high-tech company, a BS/BA in relevant fields, and expertise with compensation tools like Xactly. Strong communication and analytical skills are also essential.

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How does Okta support its Senior Sales Commission Analysts in their role?

Okta supports its Senior Sales Commission Analysts through continuous learning opportunities, access to advanced tools and technologies, and fostering a collaborative environment that values input from all team members. This commitment enhances both personal and team success.

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What tools do Senior Sales Commission Analysts use at Okta?

Senior Sales Commission Analysts at Okta primarily use Microsoft Excel for data analysis along with compensation tools like Xactly and CRM systems like Salesforce to manage commission calculations and reporting efficiently.

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What is the work environment like for a Senior Sales Commission Analyst at Okta?

The work environment for a Senior Sales Commission Analyst at Okta is dynamic and flexible. Employees are empowered with the tools necessary to perform effectively, allowing for productivity that adapts to individual needs while fostering a collegial and collaborative atmosphere.

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What kind of career development opportunities are available for Senior Sales Commission Analysts at Okta?

Senior Sales Commission Analysts at Okta have numerous career development opportunities, including attending workshops, participating in cross-functional projects, and gaining insights into financial operations, paving the path for personal growth and advancement within the company.

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How does the Senior Sales Commission Analyst role contribute to Okta's goals?

The Senior Sales Commission Analyst plays a vital role in driving sales performance by ensuring accurate and fair compensation models. By managing commission structures efficiently, they help boost motivation within the sales teams, ultimately contributing to Okta's mission and growth.

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Common Interview Questions for Senior Sales Commission Analyst
Can you explain your experience with sales commission plans?

When answering this question, focus on your specific roles in developing or managing sales commission plans, any challenges you faced, and the results of your efforts. Highlight your understanding of how compensation affects sales performance.

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What compensation tools have you used in your previous positions?

Discuss your familiarity with tools like Xactly or other management systems you have worked with. Provide examples of tasks you performed using those tools, emphasizing your comfort level with technology and data management.

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How do you ensure accuracy in commission calculations?

Outline a systematic approach to ensuring accuracy, such as checks and balances you’ve implemented, and any tools you use for verification. Describe a specific instance where your attention to detail prevented errors.

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How do you handle queries from sales personnel regarding compensation?

Emphasize the importance of effective communication and your strategies for responding to questions. Discuss how you ensure that your explanations clarify complex compensation structures.

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Describe a challenge you encountered in managing sales commissions and how you resolved it.

Share a specific scenario where you faced a difficult situation, including your thought process, actions, and the resolution. Highlight lessons learned and how that experience improved your approach to commissions.

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What experience do you have with compliance and internal controls in commission processes?

Discuss your understanding of Sarbanes-Oxley compliance and how it applies to compensation processes. Provide examples of how you’ve ensured compliance in previous roles and the importance of maintaining integrity in reporting.

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How do you prioritize tasks as a Senior Sales Commission Analyst?

Explain your method for prioritizing tasks, such as assessing deadlines, importance, and impact. Illustrate this with an example of a busy period where you managed multiple responsibilities successfully.

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What role does communication play in your position as a Senior Sales Commission Analyst?

Outline your perspective on how essential communication is for collaboration with teams across the company. Provide examples of how you effectively communicated commission structures or resolved conflicts.

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How do you approach developing and maintaining documentation for commission processes?

Highlight your systematic approach to documenting processes, your familiarity with the best practices in documentation, and the tools you might use. Illustrate with an example where effective documentation made a difference in your role.

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How have you contributed to improving commission processes in your previous positions?

Share specific initiatives or ideas you’ve implemented that enhanced efficiency or accuracy in commission calculations. Discuss the impact of these improvements on the sales team or overall operations.

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Okta is a leading identity and access management company headquartered in San Francisco, California that is committed to allowing people to access applications on any device at any time, while still enforcing strong security policies.

128 jobs
MATCH
VIEW MATCH
BADGES
Badge ChangemakerBadge Future MakerBadge Global CitizenBadge Innovator
CULTURE VALUES
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
BENEFITS & PERKS
Maternity Leave
Paternity Leave
401K Matching
Paid Holidays
Paid Sick Days
Paid Time-Off
Paid Volunteer Time
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Family Coverage (Insurance)
Medical Insurance
Mental Health Resources
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 24, 2024

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