What are the responsibilities and job description for the Commission Analyst position at CyberArk?
Company Description
About CyberArk:
CyberArk (NASDAQ: CYBR), is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit our CyberArk blogs or follow us on Twitter, LinkedIn or Facebook.
Job Description
CyberArk is looking for a highly motivated Commission Analyst to help support our growing Global Sales Compensation Programs. Reporting to the Commissions Manager under the Finance department, this role will be working cross-functionally with HR, RevOps, Sales, the rest of Finance/Accounting teams to execute the Sales Commissions plans from beginning to end, including but not limited to system configuration, monthly/quarterly calculations, expense analysis, forecasting/modeling, and audits.
Responsibilities:
CyberArk is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.
The salary range for this position is $63,000 – $90,000/year, plus commissions or discretionary bonus, which will be based on the employee’s performance. Base pay may also vary considerably depending on job-related knowledge, skills, and experience. The compensation package includes a wide range of medical, dental, vision, financial, and other benefits.
About CyberArk:
CyberArk (NASDAQ: CYBR), is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit our CyberArk blogs or follow us on Twitter, LinkedIn or Facebook.
Job Description
CyberArk is looking for a highly motivated Commission Analyst to help support our growing Global Sales Compensation Programs. Reporting to the Commissions Manager under the Finance department, this role will be working cross-functionally with HR, RevOps, Sales, the rest of Finance/Accounting teams to execute the Sales Commissions plans from beginning to end, including but not limited to system configuration, monthly/quarterly calculations, expense analysis, forecasting/modeling, and audits.
Responsibilities:
- Commission Administration:
- Utilizes Xactly Incent to administer new hire plans, transfers, terms, and any other applicable changes to payees.
- Prepare, review, and submit monthly accrual and payment reports accurately and by strict deadlines.
- Be familiar enough with Xactly and SalesForce to troubleshoot issues and configure new plan rules each year.
- Regularly audit commission data to maintain data integrity and compliance with company policies and SOX procedures.
- Financial Analysis:
- Analyze sales performance metrics to track individual and team-level performance against targets.
- Generate reports and dashboards to provide insights into sales trends and cost expenses.
- Support on cost modeling and forecasting of commissions expense and perform various what-if analysis on new plan designs.
- Cross-functional Collaboration:
- Partner with accounting department to reconcile commission expenses and ensure accuracy in financial reporting.
- Work closely with sales leadership and/or RevOps teams to communicate commission plans, resolve inquiries, and address any issues related to compensation.
- Collaborate with IT teams to optimize and automate monthly processes and create new dashboards/reports that support business goals.
- Minimum 3 years of experience managing global commissions programs, preferably in a SaaS software environment.
- Experience with managing commission calculation software, Xactly is preferred.
- Absolute attention-to-detail is a must.
- Financial analysis, modeling, forecasting experience is a plus.
- Must be a team player with a positive attitude, and able to work independently in a fast-paced setting while maintaining a high level of accuracy against stringent deadlines.
- High level of integrity and professionalism when handling sensitive compensation data.
CyberArk is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.
The salary range for this position is $63,000 – $90,000/year, plus commissions or discretionary bonus, which will be based on the employee’s performance. Base pay may also vary considerably depending on job-related knowledge, skills, and experience. The compensation package includes a wide range of medical, dental, vision, financial, and other benefits.
Salary : $90,000
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