Company Description
About CyberArk:
CyberArk (NASDAQ: CYBR), is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit our CyberArk blogs or follow us on Twitter, LinkedIn or Facebook.
Job Description
CyberArk is seeking an ambitious and detail-oriented Commissions Analyst to support the administration of our Quarterly Incentive Plans (QIP), with a focus on managing accruals, payment files, and ensuring compliance through audits. This role will work closely with Finance, Sales, and external auditors to drive the effective execution of our compensation programs. You'll play a critical role in maintaining the integrity of our compensation systems, managing cost models, and administering Xactly for compensation calculations.
In this multifaceted position, you’ll support strategic design and operational aspects of our QIP and other key initiatives across the company. Your ability to collaborate across departments will help ensure timely and accurate payout processing, audit compliance, and ongoing improvements to our compensation programs.
Key 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.
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Qualifications
- 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).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.
Additional Information
CyberArk is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.
The salary range for this position is $65,000 – $90,000/year, plus commissions or discretionary bonus, which will be based on the employee’s performance. Base pay may also vary considerably depending on job-related knowledge, skills, and experience. The compensation package includes a wide range of medical, dental, vision, financial, and other benefits.
Top Skills
What We Do
CyberArk is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets.
For over a decade CyberArk has led the market in securing enterprises against cyber attacks that take cover behind insider privileges and attack critical enterprise assets. Today, only CyberArk is delivering a new category of targeted security solutions that help leaders stop reacting to cyber threats and get ahead of them, preventing attack escalation before irreparable business harm is done. At a time when auditors and regulators are recognizing that privileged accounts are the fast track for cyber attacks and demanding stronger protection, CyberArk’s security solutions master high-stakes compliance and audit requirements while arming businesses to protect what matters most.
With offices and authorized partners worldwide, CyberArk is a vital security partner to more than 6,770 global businesses, including:
More than 50% of the Fortune 500
More than 35% of the Global 2000
CyberArk has offices in the U.S, Israel, U.K., Singapore, Australia, France, Germany, Italy, Japan, Netherlands and Turkey.