Sales Compensation Analyst

Mitek Systems Logo

Mitek Systems

πŸ’΅ $70k-$90k
πŸ“Remote - United States

Summary

Join Mitek, a global leader in digital and biometric identity authentication, as a Sales Incentive Program Administrator. You will administer commission and incentive award payments to sales personnel, ensuring accuracy and timeliness. Responsibilities include contributing to the strategy and design of sales incentive programs, recommending operational process improvements, and administering monthly, quarterly, and annual sales incentive plans. You will also partner with various business units to ensure proper plan design, calculation, delivery, and execution. The ideal candidate possesses strong analytical abilities, a high level of ownership, and excellent communication skills. This role requires working with global business owners in HR, Legal, Sales, Finance, Sales Operations, Revenue and our Technical team to ensure our systems, data and processes properly support the delivery and execution of our Sales Incentive Programs.

Requirements

  • Attention to detail, excellent organizational skills and ability to present findings and programs at all levels of the organization
  • The ability to support our sales teams with their incentives and ensure the accuracy & rigor of our financial controls and audit requirements
  • Willingness and ability to adapt to the rapid business and organizational changes that accompany a high-growth environment
  • Cross-team coordination, project management, and excellent communication skills are essential
  • Ability to handle multiple projects simultaneously
  • Bachelor’s degree in accounting, Finance and equivalent experience
  • Knowledge, skills and abilities typically gained from 2 – 5 years of experience administering sales incentive programs (incentives, quotas, territories), policies and processes each fiscal year (or as needed) that support business objectives
  • Experience and passion in sales incentive programs, systems and planning with the desire to help us define, build and execute all of our sales incentive ecosystems
  • Proven expertise in Excel and sales incentive compensation systems such as CaptivateIQ
  • Ability to consolidate and produce compensation metrics that assist in understanding the effectiveness of the plans and policies

Responsibilities

  • Contribute to the strategy, design, policies, and guidelines of our sales incentive programs
  • Recommend operational process improvements in incentives, quota management, incentive adjustments, regular payouts and program tools scalability
  • Administration of monthly, quarterly and/or annual sales incentive plans and commission payments for our global selling teams
  • Set up sales compensation system (CaptivateIQ): maintain HR information for sales hires, transfers and separations; issue territory and quota sheets to sales participants; ongoing support and communication with the sales participants and managers
  • Partner with global business owners in HR, Legal, Sales, Finance, Sales Operations, Revenue and our Technical team to ensure the proper plan design, calculation, delivery and execution of sales incentives
  • Maintain a high level of ownership and deliver best-in-class support to their internal and external customers
  • Special projects such as process improvements, data analysis and presentations, SOX requirements, and report enhancements

Preferred Qualifications

  • Expertise in CaptivateIQ configuration and performance reporting
  • Experience in Salesforce and NetSuite data exports

Benefits

  • $70,000 - $90,000 a year
  • Up to 10% bonus
  • Wellness : Universal, supplemental, and private healthcare plan choices based on country specifics
  • Financial future : retirement/pension plan contributions, MTK stock plan participation
  • Income protection: life event & disability coverage
  • Paid time off : generous annual leave, company holidays, volunteer time off
  • Learning : e-learning license, tuition reimbursement, hackathons
  • Home office setup allowance
  • Additional/optional benefits : pet insurance, identity theft protection, legal assistance

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