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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

Welcome to Okta, where we are redefining identity and access in the digital age. As a Senior Sales Commission Analyst, you'll play a pivotal role in managing our sales commission plans, ensuring that our talented sales team is rewarded accurately and on time. Located in the vibrant city of San Francisco, CA, this position involves cross-functional collaboration with various teams including Sales, Accounting, and HR, enabling you to leverage your expertise in sales compensation. With 4-6 years of experience, you’ll be diving into the details of commission calculations and audits to maintain our high standards of financial integrity. At Okta, we value diverse experiences, and we’re excited to find a self-starter like you who can navigate complex compensation scenarios and present them clearly to stakeholders. You’ll assist with monthly and quarterly commission payouts, support timely financial reporting, and lead process improvements that enhance our operations. With a focus on strategic contributions, your analytical skills and tech-savvy nature will thrive as you work with tools like Xactly and Salesforce. Join us in fostering a workplace where identity truly belongs to everyone and help us in our mission to empower security and growth for businesses worldwide. We can’t wait to welcome you to our dynamic team!

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

At Okta, a Senior Sales Commission Analyst is responsible for managing sales compensation plans and ensuring accurate commission payouts. This role involves collaborating with various departments to streamline commission processes, providing insights and analyses, and improving operational efficiency. If you're well-versed in finance and sales commission structures, this position is a great opportunity to contribute to Okta's success!

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

To qualify for the Senior Sales Commission Analyst role at Okta, candidates should possess 4-6 years of experience in sales variable compensation, ideally in a SaaS or high-tech environment. A degree in accounting, finance, or economics is preferred along with experience using compensation management tools like Xactly. Strong communication skills and a proactive attitude are essential for this role.

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How does Okta support career growth for Senior Sales Commission Analysts?

At Okta, we believe in fostering talent and supporting career advancement. As a Senior Sales Commission Analyst, you'll have access to training programs, mentorship, and cross-functional projects that allow you to gain new skills and insights. We encourage you to take on challenges and continuously learn, preparing you for future leadership roles within the company.

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What can I expect in terms of salary and benefits as a Senior Sales Commission Analyst at Okta?

The annual base salary range for a Senior Sales Commission Analyst at Okta in San Francisco is between $99,000 and $149,000, depending on experience and qualifications. Additionally, Okta offers a comprehensive benefits package including health, dental, and vision insurance, 401(k), flexible spending accounts, and generous paid leave policies, allowing you to maintain a healthy work-life balance.

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

The work culture at Okta is dynamic and inclusive, emphasizing collaboration, respect, and innovation. As a Senior Sales Commission Analyst, you’ll be part of a diverse team that values unique perspectives and experiences, encouraging you to share your ideas and contribute to the overall mission of the company.

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How does a Senior Sales Commission Analyst contribute to Okta's growth?

A Senior Sales Commission Analyst plays a crucial role in driving sales performance by ensuring fair and timely commission payouts. This directly impacts employee motivation and retention, leading to better sales outcomes and a positive environment that fosters growth at Okta. Your contributions will measurably influence the success of our sales initiatives.

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What tools and technologies do Senior Sales Commission Analysts use at Okta?

Senior Sales Commission Analysts at Okta utilize various tools and technologies such as Xactly for commission calculations, Salesforce for CRM management, and advanced Microsoft Excel for data analysis. Familiarity with these systems is important for accurately managing and reporting on compensation structures.

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Common Interview Questions for Senior Sales Commission Analyst
What experience do you have with managing sales commission processes?

Explain your hands-on experience with sales commission management, focusing on specific systems you've used, how you handled commission calculations, and any challenges you overcame. Highlight your understanding of compliance and accuracy in these processes.

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How do you ensure accuracy in commission calculations?

Discuss your meticulous approach to data verification and your methods for cross-checking calculations against sales data. Mention any tools that help you improve accuracy, like automated systems or checklists, and your previous experiences ensuring consistent commission payouts.

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Describe a time you identified an error in the compensation payout process.

Share a specific situation where you discovered an error, explain how you identified it, the steps you took to resolve it, and the impact of your actions. Emphasize your problem-solving skills and your commitment to accuracy.

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What strategies do you use for effective communication with sales teams?

Talk about your communication style and how you tailor your message for different audiences. Provide examples of how you have facilitated discussions with sales teams regarding commission structures, ensuring clarity and understanding while addressing their questions or concerns.

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How do you stay updated with changes in sales compensation practices?

Describe your approach to ongoing learning, such as attending workshops, reading industry publications, and networking. Highlight how staying informed has helped you implement best practices and innovate within your role.

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Can you explain the importance of internal controls in sales commission processes?

Internal controls are vital to ensure compliance and mitigate risks. Discuss your understanding of how these controls work, your experience implementing them, and how they've helped protect against errors or fraud within commission payouts.

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What tools have you used previously for sales compensation analysis?

List the tools you've worked with, such as Xactly, Salesforce, or advanced Excel techniques. Provide insights into how these tools have enhanced your ability to analyze and report on sales compensation data effectively.

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How do you prioritize tasks when faced with tight deadlines in commission processing?

Explain your time management strategies, using a specific example of how you effectively handled competing priorities. Discuss tools or methods you use, such as project management software or scheduling systems, to ensure accurate and timely completion of tasks.

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

Data analysis is critical for understanding sales performance and compensation trends. Discuss your analytical skills and how you leverage data to drive decisions, improve processes, and offer insights to sales leadership.

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Describe how you handle disagreements over commission structure interpretations.

Talk about your conflict resolution style and how you facilitate discussions to reach a mutual understanding. Provide an example of a past disagreement, your approach to resolving it, and the outcome.

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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.

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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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