Full-Time

Incentive Compensation Administrator

Remote, Canada

Updated on 11/15/2024

Grafana Labs

Grafana Labs

1,001-5,000 employees

Observability and monitoring solutions provider

Data & Analytics
Enterprise Software

Compensation Overview

CA$120k - CA$144kAnnually

+ Equity + Bonus

Junior, Mid

Remote in Canada

This position is 100% remote.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Salesforce
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Finance, Mathematics, Data Analytics or similar field preferred
  • 1-3 years of experience at a high-growth SaaS company with direct work experience related to sales compensation and/or system administration highly preferred
  • Experience with Salesforce and Excel or Google Sheets required
  • Experience with an ICM tool highly preferred
  • Knowledge of DocuSign or other similar CLM tool preferred
  • Comfortable working in complex spreadsheets and applying pivot tables and formulas to draw conclusions within a workbook
  • Strong understanding of sales compensation fundamentals such as commission rates, quota targets, SPIFFs, accelerators, draw programs, etc
  • Excellent verbal and written communication skills with the ability to partner cross-departmentally at all levels of the organization
  • Experience with data management and project organization
  • Ability to work under tight deadlines and prioritize multiple deliverables at one time
  • A natural curiosity and desire to learn
  • A self-starter attitude with the ability to take on projects autonomously
  • A desire to improve and automate existing processes
  • A passion for all things data
Responsibilities
  • Maintain data accuracy within CaptivateIQ, our Incentive Compensation Management (ICM) tool
  • Audit sales statements for errors and inaccuracies as well as identifying opportunities for statement design enhancements
  • Partner with stakeholders to ensure Salesforce data compliance related to sales commissions and pipeline and any mid-period sales team, quota and commission changes
  • Create and manage bonus payout workbooks during quarterly payout cycles
  • Work closely with the Incentive Compensation team to manage any comp exceptions and non-standard scenarios that may arise
  • Provide ad hoc incentive compensation reports to various stakeholders as needed
  • Ensure the Incentive Compensation team’s central repository of files and documents is up-to-date and accurate
  • Ensure the timely delivery of all monthly and quarterly variable compensation payout amounts to payroll for processing
  • Maintain our variable compensation roster to understand changes related to new hires, leavers and movers, and proactively administer compensation plans appropriately
  • Manage our inventory of compensation plan templates to streamline the distribution and signing process for all participants
  • Perform routine audits of commission and bonus payouts to ensure accuracy
  • Assist in the reduction of time-to-close for Finance’s monthly close process by streamlining commission accrual delivery in compliance with ASC 606

Grafana Labs specializes in observability and monitoring solutions for cloud infrastructure and applications. Its main product, Grafana, is an open-source metrics dashboard that allows users to visualize and analyze data from various sources. This helps businesses monitor the performance and health of their systems in real-time. Grafana Labs serves a wide range of clients, from large enterprises to individual developers, across sectors like technology, finance, healthcare, and retail. Unlike many competitors, Grafana Labs offers both open-source and commercial products, generating revenue through premium features, enterprise support, and managed cloud services. The company's goal is to provide essential tools that ensure the reliability and efficiency of digital services.

Company Stage

Series D

Total Funding

$783.2M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

7%

1 year growth

19%

2 year growth

47%
Simplify Jobs

Simplify's Take

What believers are saying

  • The release of Grafana 11.0 and Loki 3.0 demonstrates Grafana Labs' commitment to continuous innovation and staying ahead in the observability market.
  • Grafana Labs' strong community engagement, highlighted by events like GrafanaCON, fosters a collaborative environment that can drive further innovation and user adoption.
  • The introduction of Grafana Alloy and other open-source updates enhances the platform's capabilities, making it more attractive to a broader range of users and industries.

What critics are saying

  • The rapid pace of innovation in the observability market means Grafana Labs must continuously evolve to stay competitive, which can strain resources.
  • Balancing the needs of both open-source users and enterprise clients can be challenging and may lead to conflicts in prioritizing features and support.

What makes Grafana Labs unique

  • Grafana Labs leverages its open-source roots to build a strong community and user base, setting it apart from competitors who rely solely on proprietary solutions.
  • The company's dual model of open-source and premium offerings allows it to cater to both individual developers and large enterprises, providing flexibility and scalability.
  • Grafana Labs' focus on comprehensive observability through its LGTM stack (Loki, Grafana, Tempo, Mimir) offers a more integrated solution compared to fragmented tools from other vendors.

Help us improve and share your feedback! Did you find this helpful?

Benefits

30 days of paid vacation each year on top of national holidays, parental leave, & sick leave

Health coverage

4% contribution match on our 401(k)

$1,500 learning and development stipend

Udemy subscription

Complimentary subscription to Headspace

Discounts on a wide variety of services, including entertainment, food, and fitness.

Remote Work Option

Global Employee Assistance Program