Finance Business Manager Commissions

palo_alto_networks; Santa Clara (CA); On-site; USD 150,000 - 200,000; Full time

Job summary

Join a pioneering security company as a Finance Business Manager, Commissions, where you'll play a vital role in shaping the financial landscape of a dynamic sales environment. This position offers the opportunity to leverage your analytical skills to produce insightful commissions forecasts and advise on compensation plans. You will collaborate closely with sales executives and internal finance teams to drive business growth, ensuring accuracy and transparency in all financial operations. If you are a motivated individual with a passion for finance and a strategic mindset, this role is your chance to make a significant impact in a fast-paced organization dedicated to protecting our digital lives.

Qualifications

• 5+ years of related Finance experience required.
• Familiarity with GAAP accounting for commissions and revenue is a plus.

Responsibilities

• Produce accurate commissions forecasts and metrics.
• Partner with Sales Operations and Accounting for monthly close processes.

Skills

Analytical Skills

Communication Skills

Strategic Thinking

Detail Oriented

Advanced Excel Skills

Statistical Modeling

Education

Bachelor's degree in Finance/Economics/Accounting

Tools

SFDC

SAP

Commission Platforms

Job description

PALO ALTO NETWORKS is the fastest-growing security company in history. We offer the chance to be part of an important mission: ending breaches and protecting our way of digital life. If you are a motivated, intelligent, creative, and hardworking individual, then this job is for you!

Palo Alto Networks is building a world-class finance organization and is looking for a top-notch FINANCE BUSINESS MANAGER, COMMISSIONS to join our Sales Finance team. The ideal candidate would be someone with an analytical mind, who is a self-starter, a great communicator and passionate about driving change in a dynamic fast-paced environment. The successful candidate will be responsible for preparing and presenting commissions forecasts across the WW sales function. In addition, the successful candidate will be charged with advising on compensation plan designs and the operational aspects to ensure there is a high level of accuracy and transparency.

RESPONSIBILITIES:

• Produce short and long-term commissions forecasts, ensuring a high degree of accuracy
• Partner with Sales Operations, Accounting, and other internal finance teams to fulfill monthly close processes related to commissions
• Advise on compensation design planning, operational execution of go-to-market compensation strategy, and on new incentive programs
• Act as a key partner for sales executives and senior leadership for new commissions programs
• Establish new commissions processes and models to reflect new GAAP accounting procedures (ASC 606 rules)
• Produce various commissions metrics, quota attainment metrics, and other ad-hoc analyses, particularly to develop and present insightful information for senior leadership teams
• Partner with sales operations leaders to drive business growth and actionable recommendations

QUALIFICATIONS:

• Systems familiarity with commission platforms, SFDC and SAP a plus
• Bachelor's degree in Finance/Economics/Accounting or related field
• 5+ years of related Finance experience needed
• Strategic thinking while being detail oriented
• Familiarity with GAAP accounting for both commissions and revenue (ASC 605/606 knowledge) a plus
• Prior Sales Finance experience a plus
• Advanced Excel skills, strong analytical and statistical modeling skills
• Ability to prioritize well and manage timelines