Full-Time

Commissions Finance Manager

Posted on 8/27/2024

Brex

Brex

1,001-5,000 employees

Financial services for startups and businesses

Fintech
Financial Services

Compensation Overview

$155.5k - $194.4kAnnually

Mid

San Francisco, CA, USA

Requires in-office presence in San Francisco at least 2 days per week (Wednesday and Thursday).

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Sales
Communications
Excel/Numbers/Sheets
Requirements
  • BA/BS degree, preferably in Business, Finance, or Accounting
  • Experience with implementing and maintaining Captivate IQ
  • 4+ years of relevant finance, commissions, revenue operations, or sales operations experience.
  • Exceptional communication and interpersonal skills with proven success partnering and collaborating across various functions
  • Experience retrieving and handling large amounts of data in Excel or other database systems
  • Highly self-motivated with a stellar work ethic and strong attention to detail
  • Must be willing to work in office 2 days per week on Wednesday and Thursday
Responsibilities
  • Assist in designing and modeling commission and sales incentive plans
  • Partner with sales management to provide cost-impact solutions and/or opportunities related to commission/incentive designs
  • Own the Captivate IQ strategy, implementation, and reporting of commission/incentive processing policies and procedures
  • Ensure commission and sales incentive payments have been properly processed
  • Prepare monthly commission and sales incentive payment summary reports for management with trend analysis and forecast projections
  • Analyze sales performance data to provide insights and recommendations to senior leadership on commission-related decisions
  • Act as a liaison within Finance, fostering alignment with the Sales, Revenue, and Operations teams to ensure commission accuracy and effectiveness
  • Continuously improve and streamline commission processes to enhance efficiency and transparency
  • Respond to escalated calls regarding complex commission or sales incentive-related processing problems

Brex provides financial services designed for startups, small to medium-sized businesses, and larger enterprises. Their main products include corporate credit cards, cash management accounts, and expense management tools. Brex's corporate credit cards offer higher credit limits without requiring personal guarantees, making them appealing to businesses with limited credit history. The services are integrated with other business tools, allowing clients to manage expenses, track spending, and optimize cash flow efficiently. Unlike traditional banks, Brex focuses on a tech-savvy approach to finance, which helps them stand out in the financial services market. The company's goal is to simplify financial management for businesses, particularly those in the startup phase.

Company Stage

Debt Financing

Total Funding

$1.1B

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Brex's revamped partnership program enhances services for accounting firms.
  • New digital banking products expand Brex's offerings for startups.
  • Increased fintech ad spending suggests a growing market for Brex.

What critics are saying

  • Competition from AI platforms like Puzzle threatens Brex's expense management tools.
  • Tech layoffs in 2024 may impact Brex's talent acquisition strategies.
  • Amazon's B2B solutions could challenge Brex's financial management offerings.

What makes Brex unique

  • Brex offers high credit limits with no personal guarantees, ideal for startups.
  • Seamless integration with business tools sets Brex apart from traditional banks.
  • Brex's focus on tech-driven solutions appeals to modern, fast-paced businesses.

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Benefits

Self-care. Health, dental, and vision; One Medical; Spring Health mental wellbeing; Calm membership.

Money. Competitive compensation with a biannual merit cycle, equity, 401(k) plan, and more.

Rest. Unlimited PTO if full-time, paid holidays, company weeks off, and parental leave.

Freedom. Remote-first, team and company offsites, monthly stipend, and one-time office setup budget.

INACTIVE