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Okta
Senior Manage, Revenue
Job Description
ABOUT THE ROLE
We are seeking an experienced and detail-oriented Commissions Operations / Revenue Accounting Manager to join Okta's team in Bangalore, India. As a key member of our organization, you will play a critical role in overseeing and managing the commissions operations process, ensuring accurate and timely calculation and payment of commissions to our sales team. Additionally, you will be responsible for ensuring the integrity of worldwide revenue accounting and order-to-cash operations.
WHAT YOU'LL DO
As a Commissions Operations / Revenue Accounting Manager, you will be responsible for the following key areas:
- Overseeing and managing the commissions operations process, including commission calculations, data validation, and payment processing.
- Ensuring accurate and timely calculation and payment of commissions to our sales team.
- Providing leadership, accounting expertise, business sense, and a strong desire to improve processes and controls for revenue accounting and order-to-cash operations.
- Supporting the month-end and quarter-end close for revenue accounting, including review of reconciliations and data validations/analysis.
- Reviewing sales arrangements to ensure revenue is recognized in accordance with US GAAP and internal policies.
- Collaborating with IT, Revenue Operations, Professional Services, and FP&A to drive best practices in revenue.
- Supporting quarterly and year-end audit requests and driving issue resolution.
- Driving or assisting in ad hoc projects and analysis for continued optimization of our revenue processes.
- Developing and maintaining commission policies, procedures, and guidelines in compliance with company policies and applicable laws and regulations.
- Collaborating with Sales Ops, Sales, FP&A, Commission Accounting, Audit, and HR teams on commission data.
- Analyzing and reconciling commissions data to ensure accuracy and resolving any discrepancies.
- Generating and distributing commission reports and statements to sales team members and management.
- Providing guidance and support to sales team members on commission-related inquiries, disputes, and escalations.
- Staying updated with industry trends, best practices, and regulatory changes related to commissions operations and implementing necessary changes to ensure compliance.
- Training and mentoring junior team members, as needed.
- Driving process improvements and automation initiatives to enhance the efficiency and effectiveness of the commission operations process.
WHAT YOU'LL NEED
To be successful in this role, you will need:
- A Bachelor's degree in finance, accounting, or a related field.
- CPA certification highly preferred.
- Big 4 Public accounting experience or equivalent highly preferred.
- A mix of 5+ years of public accounting and SaaS/Software industry experience.
- Advanced knowledge of ASC 606 revenue accounting guidance.
- 5+ years of experience in commissions operations management, preferably in the sales or financial services industry.
- Minimum of 2-3 years' experience with Xactly or similar compensation tool is highly preferred.
- Excellent analytical skills with keen attention to detail.
- Strong communication and interpersonal skills to collaborate with cross-functional teams and handle commission-related inquiries and disputes.
- Ability to work independently and manage multiple tasks in a fast-paced environment.
- Strong problem-solving skills and ability to identify and resolve issues proactively.
- Proficient in Microsoft Office Suite, particularly Excel and Google Suite.
- Ability to mentor and train junior team members.
- A team player with a positive, “can do” attitude