Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
SaaS, SoftwareIndustries

Position Overview

  • Location Type: Remote (Canada)
  • Employment Type: Full Time
  • Salary: Not specified

As a Commissions Manager at 1Password, you will be responsible for building and administering the Sales Compensation plan. You will utilize your analytical skills and business acumen to accurately calculate sales commissions for the sales team and contribute to the Finance department. This is a remote opportunity within Canada.

Requirements

  • Experience:
    • 6+ years experience managing the commissions process at a tech company.
  • Skills:
    • Experience with reporting, analytics, and calculation of sales incentive/commission payments.
    • Expertise using Excel to analyze large data sets (basic formulas, pivot tables, VLOOKUPs).
    • Experience with BI tools such as Looker or Tableau.
    • Experience using CaptivateIQ an asset.
  • Knowledge:
    • Previous experience supporting or strong knowledge of sales function in a SaaS company.
    • Knowledge of US GAAP preferred.

Responsibilities

  • Manage the annual compensation setting process, resetting quotas, plans, and modifying the plan and configuring systems as needed.
  • Distribute and maintain commission plans database in CaptivateIQ.
  • Partner with other functions such as Rev Ops and HR Ops to establish best practices and improve processes to increase efficiency and accuracy of the sales commissions process.
  • Research compensation issues, disputes, and provide analysis to facilitate resolution.
  • Manage the end-to-end compensation process including commissions calculation, payment, reporting, inquiries, communications, auditing compensation payments, and submitting payout details to payroll.
  • Provide support for all end-user technical or commission inquiries.
  • Produce well-structured documentation that supports audit & SOX processes.
  • Preparation of monthly, quarterly, and annual commissions file, while ensuring accuracy of payments based on sales commission plans.
  • Prepare monthly accounting journal entries as part of the month-end close accounting schedule and assist in audit requirements on a quarterly basis.

Company Information

  • About 1Password: We all have important information we need to manage, and protecting it should be easy. Over 150,000 businesses and millions of people log in to 1Password to unlock smart, simple access to everything they care about. Our vision is to create a safer, simpler digital future for everyone, and our culture values simplicity, honesty and a human-centric approach to solving problems. Come help us unlock peace of mind so everyone can stay safer online.

Application Instructions

  • Not specified.

Skills

Reporting
Analytics
Sales incentive/commission calculation
Excel (formulas, pivot tables, VLOOKUPs)
BI tools (Looker, Tableau)
CaptivateIQ
Sales function knowledge in SaaS
US GAAP (preferred)

1Password

Password management and secure access solution

About 1Password

1Password provides a password management and secure access solution that helps businesses manage and protect their sensitive information. The platform allows employees to securely access applications and share important data like logins and documents while keeping other information private. It operates on a subscription model, offering various plans to meet the needs of different organizations. 1Password integrates with existing identity and access management systems such as Azure AD and Okta, enabling automatic employee provisioning and enhancing security without disrupting workflow. The goal of 1Password is to help businesses improve their cybersecurity measures while ensuring ease of use and maintaining productivity.

Toronto, CanadaHeadquarters
2005Year Founded
$894.9MTotal Funding
SERIES_CCompany Stage
Enterprise Software, CybersecurityIndustries
1,001-5,000Employees

Benefits

👶 Maternity and parental leave top up programs
👟 Wellness spending account
🏝 Generous PTO policy
💖 Company-wide wellness days off scheduled throughout the year
🧠 Complimentary Headspace membership
🩺 Comprehensive health coverage
📈 Employee stock option program for all full time employees
💸 Retirement matching program
💡 Training budget, 1Password University access, and learning sessions
🔑 Free 1Password account (and friends and family discount!)
🤝 Paid volunteer days
🌎 Employee-led DEI&B programs and ERGs
🏠 Fully remote environment
🏆 Peer-to-peer recognition through Bonusly

Risks

Emerging competitors offer similar features at lower prices, threatening market share.
Potential IPO delays could impact financial strategy and growth plans.
Integration challenges with Trelica may lead to operational inefficiencies.

Differentiation

1Password offers AES 256-bit encryption for secure password management.
The platform integrates seamlessly with IAM systems like Azure AD and Okta.
1Password provides customizable search and organization features for user convenience.

Upsides

Growing demand for passwordless authentication boosts 1Password's innovation opportunities.
Partnerships with Microsoft and Google expand 1Password's market reach.
Remote work trends increase the need for secure access management tools.

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