- Location
- Pleasanton, CA
- Last Published
- Dec. 12, 2024
- Function
- Sales & Business Development
About Tekion:
Positively disrupting an industry that has not seen any innovation in over 50 years, Tekion has challenged the paradigm with the first and fastest cloud-native automotive platform that includes the revolutionary Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and other large automotive enterprises and Automotive Partner Cloud (APC) for technology and industry partners. Tekion connects the entire spectrum of the automotive retail ecosystem through one seamless platform. The transformative platform uses cutting-edge technology, big data, machine learning, and AI to seamlessly bring together OEMs, retailers/dealers and consumers. With its highly configurable integration and greater customer engagement capabilities, Tekion is enabling the best automotive retail experiences ever. Tekion employs close to 3,000 people across North America, Asia and Europe.
*This is a hybrid role based on-site in Pleasanton, CA 4 days/week
Job Description
The Sales Compensation Manager will oversee the end-to-end management of the company’s sales commission programs. This role is responsible for designing, calculating, analyzing, and ensuring the accurate and timely payment of commission structures across various sales teams. The Sales Compensation Manager will collaborate closely with sales leadership, finance, and HR to ensure commissions align with corporate objectives and motivate the sales force to achieve revenue goals.
Responsibilities
Commission Plan Management:
- Develop and implement commission plans that align with company revenue and strategic goals.
- Regularly review and update commission structures to ensure competitiveness and effectiveness.
- Ensure commission plans are clearly communicated to the sales team, providing transparency and clarity on how commissions are calculated.
Commission Calculation & Payment:
- Accurately calculate monthly, quarterly, and annual commissions based on sales performance.
- Ensure timely and error-free commission payouts to all eligible employees.
- Resolve any discrepancies or disputes related to commission calculations or payouts.
Data Analysis & Reporting:
- Monitor and report on sales performance relative to commission goals, including performance trends and variances.
- Analyze commission payouts to ensure alignment with overall company financial goals.
- Provide insights and recommendations to senior management regarding the effectiveness of commission plans.
Collaboration & Compliance:
- Work with sales, finance, and HR teams to ensure commission plans comply with company policies and legal requirements.
- Support the finance team in forecasting commission expenses and budgeting.
- Provide regular reports to leadership on commission-related metrics and KPIs.
Process Improvement:
- Continuously evaluate commission payment processes and systems for efficiency improvements.
- Implement automation tools where necessary to streamline commission calculations and reporting.
- Develop and document processes and workflows for commission management.
Skills and Experience
- Bachelor’s degree in finance, accounting, business administration, or related field.
- 7+ years of experience in commission management, sales operations, or finance.
- Strong analytical and problem-solving skills, with a keen attention to detail.
- Proficient in Excel and financial modeling tools; experience with commission calculation software (e.g., Xactly, CaptivateIQ) is a plus.
- Excellent communication and interpersonal skills, with the ability to work cross-functionally.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Preferred Skills
- Experience working in a SaaS or technology company.
- Knowledge of sales performance metrics and incentives in a dynamic sales environment.
- Familiarity with CRM systems (e.g., Salesforce) and ERP systems.
Perks and Benefits
- Competitive compensation and generous stock options
- 100% employer-paid top-of-the-line medical, dental and vision coverage
- Great benefits including unlimited PTO, parental leave and free snacks and beverages
- The opportunity to work with some of the brightest minds from Silicon Valley’s most dominant and successful companies
- Be part of an early stage, hyper-growth start-up with the opportunity to grow and prosper
- Work on the latest and coolest technologies – everything is home-grown and built ground-up
- A dynamic work environment with a strong sense of community and collaboration
- The open and transparent culture that encourages innovation, rewards performance and discourages hierarchy
- Exciting opportunities for career growth and development
The salary range for this position is $98,600 - $165,000. The salary range describes the minimum to maximum base salary range for this positionacross applicable US locations. This position is also eligible for a bonus whereby total compensation may exceed base salary depending on individual performance. The actual compensation offered may vary from the posted hiring range based on geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.Your recruiter can share more about the specific salary range during the hiring process. In addition to the compensation listed, this position is eligible for equity compensation.
Current Tekion Employees – Please apply via Greenhouse Internal Job Board
Tekion is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, victim of violence or having a family member who is a victim of violence, the intersectionality of two or more protected categories, or other applicable legally protected characteristics.
For more information on our privacy practices, please refer to our Applicant Privacy Notice here.