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Sales Compensation Strategist
2 months ago
Reddit is a vibrant platform that fosters communities built on shared interests and trust. It serves as a hub for authentic discussions and boasts over 100,000 active communities with more than 82 million daily unique visitors, making it one of the largest sources of information on the internet.
Position Summary
The Strategic Finance team at Reddit is in search of a Sales Compensation Strategist. This role will report to the Manager of Sales Compensation and will be pivotal in managing, analyzing, and enhancing the sales commission processes. The individual will be responsible for developing and maintaining commission plans, ensuring precise and timely commission payouts, and providing analytical insights to bolster sales performance.
Key Responsibilities
- Manage the comprehensive process of calculating and distributing sales commissions, ensuring accuracy and timeliness of variable payouts.
- Gather and maintain precise sales performance data to support commission calculations and reporting.
- Guarantee timely and accurate commission payouts, effectively addressing any discrepancies or inquiries.
- Calculate and oversee monthly and quarterly commission accruals, ensuring accurate financial reporting.
- Collaborate closely with sales, finance, and HR teams to ensure alignment on commission plans and policies.
- Assess and drive continuous improvements in commission processes to enhance efficiency and accuracy.
- Provide training and support to sales teams regarding incentive compensation plans and related commission processes.
- Minimum of 5 years of experience in sales commission processing, compensation administration, or a related field.
- Demonstrated success in managing and optimizing compensation plans and processes.
- Strong proficiency in Salesforce and G Suite, with the ability to utilize these tools to streamline workflows.
- Familiarity with fundamental Revenue Accounting principles.
- Exceptional analytical and problem-solving abilities, with a knack for translating data into actionable insights.
- Detail-oriented, with a strong emphasis on accuracy and quality in all work aspects.
- Able to work independently as well as collaboratively within a team.
- Comprehensive healthcare benefits.
- 401(k) matching.
- Workspace benefits for home office setups.
- Funds for personal and professional development.
- Support for family planning.
- Flexible vacation policy and global wellness days.
- Paid parental leave of over 4 months.
- Paid volunteer time off.
This position may encompass multiple career levels. In addition to a base salary, the role is eligible for equity in the form of restricted stock units and may also qualify for commission based on the position offered. Reddit provides a wide array of benefits to U.S.-based employees, including medical, dental, and vision insurance, a 401(k) program with employer match, and generous vacation and parental leave policies. To learn more, please visit our website.
