Redis ยท 1 day ago
Commissions Analyst
Redis is a technology company that builds products for fast applications used worldwide. The Commissions Analyst will play a vital role in managing the commissions process, ensuring accurate calculations and compliance while collaborating with various departments to support compensation plans and deliver insights.
DatabaseInformation TechnologyOpen SourceSoftware
Responsibilities
Prepare and distribute Comp Plan Letters for all commission-eligible employees, including new hires, role changes, promotions, and quota adjustments
Maintain templates, validate figures, route approvals, and ensure timely delivery of plan documents
Review Closed Won deals for data integrity, crediting accuracy, and alignment to compensation policies
Validate monthly commission calculations and attainment measures, resolving discrepancies at the source
Support data accuracy and updates within Xactly Incent, including HRIS data (Bob), quota mapping, plan components, and crediting rules
Assist in system maintenance activities, testing, and periodic configuration updates
Proactively identify data issues and partner cross-functionally to implement upstream fixes
Prepare monthly commission payroll files with full audit support and submit them to Payroll
Maintain reconciliations and create and upload journal entries (accruals, deferrals, true-ups, payroll) into NetSuite
Partner with Accounting to ensure compliance with ASC 606 and internal controls
Build, maintain, and enhance recurring reports that track sales performance, attainment, payouts, and KPIs
Support ad-hoc analysis needs tied to plan design, forecasting, or operational changes
Develop dashboards or reporting tools that deliver deeper insights into compensation effectiveness
Respond to Jira tickets related to compensation plans, calculations, and crediting inquiries
Serve as a key point of contact for commission-related questions from Sales, HR, and cross-functional stakeholders
Develop and maintain clear and accessible process documentation and SOPs
Create field-facing guides that improve understanding of plans, Xactly system navigation, and timing/SLAs
Identify opportunities for automation, workflow improvements, and policy alignment
Qualification
Required
1-3+ years of experience in commissions, sales compensation, sales operations, FP&A, or related analytical roles
Advanced Excel/Google Sheets skills (complex formulas, lookups, pivot tables)
Strong critical thinking, analytical, problem-solving, and data validation skills with impeccable attention to detail
Experience working with Salesforce or another CRM platform
Working knowledge of accounting principles, including accruals and revenue recognition concepts
Ability to communicate clearly with cross-functional partners and field sales teams
Proven ability to manage recurring deadlines with accuracy and consistency
Preferred
Direct experience with Xactly Incent or another enterprise commissions system (CaptivateIQ, Varicent, Anaplan)
Strong understanding of sales compensation structures, crediting logic, quotas, and variable pay mechanics
Experience in a high-growth SaaS or technology company
Familiarity with NetSuite or similar ERP systems
Experience with Jira or other ticketing systems
General understanding of process documentation or workflow optimization
Understanding of ASC 606 and commission expense accounting
Bachelor's degree in Finance, Accounting, Business, Economics, Mathematics, or related field (or equivalent experience)
Benefits
Competitive salaries and equity grants
Unlimited time off to promote a healthy work-life balance
H/D/V coverage along with 401K, FSA, and commuter benefits
Frequent team celebrations and recreation events
Home internet & phone stipend
Learning and development opportunities
Ability to influence a high-performance company on its way to IPO
Company
Redis
Redis is the world's fastest data platform.
Funding
Current Stage
Late StageLeadership Team
Recent News
2025-05-28
Company data provided by crunchbase