Sales Commissions Manager, Strategic Finance

Posted:
8/28/2024, 12:57:10 PM

Location(s):
California, United States ⋅ Los Angeles, California, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Pay:
$65/hr or $135,200 total comp

Reddit is a community of communities. It’s built on shared interests, passion, and trust and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and approximately 82M+ daily active unique visitors, Reddit is one of the internet’s largest sources of information. For more information, visit redditinc.com.

Reddit’s Strategic Finance team is seeking a Sales Commissions Manager who will report directly to the Manager of Sales Compensation and be responsible for managing, analyzing, and optimizing the sales commission processes. This role involves developing and maintaining commissions plans, ensuring accurate and timely payout of commissions, and providing analytical support to drive sales performance. The successful candidate will possess strong analytical skills, attention to detail, and the ability to collaborate effectively with sales, finance, accounting, and human resources teams. If you are someone who is passionate about growing with a rising business, values efficiency and creative problem-solving using financial/quantitative metrics, and thrives in a fast-paced, open and fast-growing environment, then this is a great role for you.

Key Responsibilities

  • Oversee the end-to-end process of calculating and distributing sales commissions and ensuring accuracy and timeliness of variable payouts.
  • Collect and maintain accurate sales performance data to support commissions calculations and reporting.
  • Ensure timely and accurate commissions payouts, addressing any discrepancies or payout inquiries effectively.
  • Calculate and manage monthly and quarterly commissions accruals, ensuring accurate financial reporting. 
  • Collaborate closely with sales, finance, and HR to ensure alignment on commissions plans and policies. 
  • Evaluate and drive continuous improvements on the commissions processes to enhance efficiency and accuracy. 
  • Provide training and support to sales teams regarding the incentive compensation plans and related commissions processes. 

Qualifications

  • 5+ years of experience in sales commission processing, compensation administration or related field.
  • Proven track record of managing and optimizing compensation plans and processes. 
  • Strong understanding of Salesforce and G Suite, with the ability to leverage these tools to streamline processes and workflows.
  • Familiarity with basic Revenue Accounting principles 
  • Excellent analytical and problem-solving skills, with the ability to translate data into actionable insights.
  • Detail-oriented with a focus on accuracy and quality in all aspects of work.
  • Able to work independently and as part of a team.

Benefits:

  • Comprehensive Healthcare Benefits
  • 401k Matching
  • Workspace benefits for your home office
  • Personal & Professional development funds
  • Family Planning Support
  • Flexible Vacation (please use them!) & Reddit Global Wellness Days
  • 4+ months paid Parental Leave
  • Paid Volunteer time off

 

Pay Transparency:

This job posting may span more than one career level.

In addition to base salary, this job is eligible to receive equity in the form of restricted stock units, and depending on the position offered, it may also be eligible to receive a commission. Additionally, Reddit offers a wide range of benefits to U.S.-based employees, including medical, dental, and vision insurance, 401(k) program with employer match, generous time off for vacation, and parental leave. To learn more, please visit https://www.redditinc.com/careers/.

To provide greater transparency to candidates, we share base pay ranges for all US-based job postings regardless of state. We set standard base pay ranges for all roles based on function, level, and country location, benchmarked against similar stage growth companies. Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses/credentials, and may vary from the amounts listed below.

The base pay range for this position is:
$140,800$197,100 USD

Reddit is proud to be an equal opportunity employer, and is committed to building a workforce representative of the diverse communities we serve.  Reddit is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, please contact us at [email protected].