Commissions Analyst

$65,000 - $90,000/Yr

Cyberark - Newton, MA

Full-time

Newton, MA

About the position

CyberArk is seeking an ambitious and detail-oriented Commissions Analyst to support the administration of our Quarterly Incentive Plans (QIP). This role focuses on managing accruals, payment files, and ensuring compliance through audits. The Commissions Analyst will collaborate closely with Finance, Sales, and external auditors to drive effective execution of compensation programs, maintain the integrity of compensation systems, and support strategic design and operational aspects of QIP and other key initiatives across the company.

Responsibilities

• Oversee the Quarterly Incentive Plan (QIP) Management, including accruals, payment files, and cost model management.
• Serve as a liaison to QIP payees, ensuring timely communication and resolving any compensation-related issues.
• Collaborate with external auditors (EY/Deloitte) to ensure compliance with SOX regulations through detailed documentation and reporting.
• Manage the administration of Xactly, including system configurations, policy updates, and annual compensation plan rollouts.
• Lead the execution of SPIFF programs and track results to ensure proper payout and alignment with organizational goals.
• Support ongoing expense tracking for incentive plans, ensuring all costs are accurately captured and reported.
• Drive initiatives aligned with critical business priorities to support evolving compensation strategies and ensure they contribute to overall organizational goals.
• Manage internal and external benchmarking exercises and sales compensation audits to maintain competitive and compliant programs.
• Support development of Sales Effectiveness Dashboards using Tableau to deliver real-time insights on compensation performance and effectiveness.

Requirements

• 2+ years of experience in Sales Operations, Financial Analysis, or Commission Analysis, preferably with a focus on incentive plans or compensation administration.
• Bachelor's degree in Finance, Business, or related field.
• Proficiency in Microsoft Excel.
• Ideally will have experience with Xactly or similar commissions systems (e.g., Callidus, Anaplan).
• Experience with accruals, cost model management, and auditing processes related to SOX compliance.
• Strong understanding of financial auditing practices and ability to coordinate with external auditors (EY/Deloitte) to ensure compensation compliance.
• Familiarity with SPIFF programs and experience tracking and managing payout cycles.
• Demonstrated experience with data analysis and reporting, particularly through Tableau for sales performance insights.
• Strong attention to detail, with excellent analytical, organizational, and problem-solving skills.
• Adaptability to function in a fast-paced, hyper-growth environment with evolving priorities.

Benefits

• Dental insurance
• Health insurance
• Vision insurance