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Cybersecurity

Senior Commissions Analyst

Burlington, MAOnsiteFull TimeSeniorPosted 3 hours agoVisa sponsorship available

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Required skills

  • commission calculations
  • commission payments
  • crediting
  • bookings
  • renewals
  • commission adjustments
  • exceptions
  • true-ups
  • off-cycle calculations
  • commission discrepancies

Nice to have

  • complex commission plans
  • multiple roles
  • multiple compensation structures
  • comparable CRM
  • exceptional attention to detail
  • interpret compensation plans

Role summary

Veracode is seeking a Senior Commissions Analyst to manage incentive compensation for its Sales and Services teams. This role involves administering monthly and quarterly commissions using Xactly, maintaining compensation plan data, and validating calculations against Salesforce data. Responsibilities include managing adjustments, exceptions, and ensuring accurate crediting, bookings, and renewals. The analyst will also resolve discrepancies, perform reconciliations, and partner with Finance, Sales Operations, and HR. Key objectives include improving processes through automation and maintaining strong controls for accurate calculations and payments. A Bachelor's degree in Finance, Accounting, or Business is preferred.

Looking for an innovative, high-growth, multi-award-winning company in one of the hottest segments of the security market? Look no further than Veracode!

Veracode is a global leader in Application Risk Management for the AI era. Powered by trillions of lines of code scans and a proprietary AI-generated remediation engine, the Veracode platform is trusted by organizations worldwide to build and maintain secure software from code creation to cloud deployment.

Learn more at www.veracode.com, on the Veracode blog, and on LinkedIn and Twitter.

Veracode is seeking a Senior Commissions Analyst to manage the end-to-end administration of incentive compensation for our Sales and Services organizations. This role will own commission calculations and payments, administer compensation plans in Xactly, ensure accurate crediting and data flow from Salesforce, and partner with Finance, Sales Operations, HR, and business leaders to resolve commission-related issues.

Key Responsibilities:

  • Administer monthly and quarterly commissions for Sales and Services through Xactly.
  • Maintain employee, quota, territory, plan, and organizational changes within Xactly.
  • Validate commission calculations, crediting, bookings, renewals, and other compensation inputs against Salesforce and supporting data.
  • Manage commission adjustments, exceptions, true-ups, and off-cycle calculations.
  • Create, distribute, and maintain commission plans and supporting documentation.
  • Research and resolve commission discrepancies and employee inquiries.
  • Perform commission reconciliations and maintain strong controls over calculation and payment accuracy.
  • Partner with Finance, Accounting, Sales Operations, HR, and business leaders on compensation-related matters.
  • Support commission accruals, reporting, forecasting, and month- and quarter-end close activities.
  • Identify opportunities to automate and improve commission processes, reporting, and controls.
  • Qualifications:

  • 5+ years of experience in sales commissions, incentive compensation, Finance, or Sales Operations.
  • Hands-on experience with Xactly or a comparable enterprise incentive compensation platform; Xactly strongly preferred.
  • Experience administering complex commission plans across multiple roles and compensation structures.
  • Advanced Excel skills and experience working with large datasets.
  • Experience with Salesforce or a comparable CRM.
  • Strong analytical, reconciliation, and problem-solving skills with exceptional attention to detail.
  • Ability to interpret compensation plans and clearly communicate commission calculations and outcomes.
  • Strong organizational skills with the ability to manage competing priorities and recurring monthly and quarterly deadlines.
  • Bachelor's degree in Finance, Accounting, Business, or a related field preferred.
  • What we offer you:

  • Outstanding Medical, Dental, and Vision Coverage to meet all your healthcare needs.
  • Wellness benefits to help you focus on what’s most important.
  • “Take What You Need” time off policy.
  • Extensive development and training offerings to help you grow your career at Veracode.
  • Generous 401k match to help save for your future.
  • Amazing community of professionals who take pride in what we do every day.
  • Compensation Transparency

    In accordance with U.S. pay transparency laws, Veracode provides compensation transparency for roles based in the United States. Click here to view our compensation ranges by grade. Please note, specific compensation may be influenced by various factors including candidates experience, education, and work location.

    Job Grade:P3

    Employment opportunities are available to all applicants without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

    Fraudulent Recruitment Alert - Be Aware and Stay Informed

    At Veracode, we prioritize a secure recruitment process. Unfortunately, fake recruitment and job offer scams are on the rise. They aim to deceive candidates through emails and calls to obtain sensitive information.

    Here’s our recruitment promise to you:

  • Comprehensive Interview Process: We never extend job offers without a comprehensive interview process involving our recruitment team and hiring managers.
  • Offer Communications: Our job offers are not sent solely through email, and we will never ask you to pay for your own hardware.
  • Email Verification: Recruiting emails from Veracode will always originate from an “@veracode.com" email address.
  • If you have any doubts about the authenticity of an email, letter, or telephone communication claiming to be from Veracode, please reach out to us at careers@veracode.com before taking any further action.

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