Sales Commissions Manager, Reddit

Strategic Finance

$140.8-197.1k

+ Equity

Salesforce
GSuite
Senior level
San Francisco Bay Area
Reddit

Online platform for thoughts, experiences and discussions

Open for applications

Reddit

Online platform for thoughts, experiences and discussions

1001+ employees

B2CB2BPublishingContentSocial MediaCommunity

Open for applications

$140.8-197.1k

+ Equity

Salesforce
GSuite
Senior level
San Francisco Bay Area

1001+ employees

B2CB2BPublishingContentSocial MediaCommunity

Company mission

Reddit's mission is to bring community and belonging to everyone.

Role

Who you are

  • The successful candidate will possess strong analytical skills, attention to detail, and the ability to collaborate effectively with sales, finance, accounting, and human resources teams
  • If you are someone who is passionate about growing with a rising business, values efficiency and creative problem-solving using financial/quantitative metrics, and thrives in a fast-paced, open and fast-growing environment, then this is a great role for you
  • 5+ years of experience in sales commission processing, compensation administration or related field
  • Proven track record of managing and optimizing compensation plans and processes
  • Strong understanding of Salesforce and G Suite, with the ability to leverage these tools to streamline processes and workflows
  • Familiarity with basic Revenue Accounting principles
  • Excellent analytical and problem-solving skills, with the ability to translate data into actionable insights
  • Detail-oriented with a focus on accuracy and quality in all aspects of work
  • Able to work independently and as part of a team

What the job involves

  • Reddit’s Strategic Finance team is seeking a Sales Commissions Manager who will report directly to the Manager of Sales Compensation and be responsible for managing, analyzing, and optimizing the sales commission processes
  • This role involves developing and maintaining commissions plans, ensuring accurate and timely payout of commissions, and providing analytical support to drive sales performance
  • Oversee the end-to-end process of calculating and distributing sales commissions and ensuring accuracy and timeliness of variable payouts
  • Collect and maintain accurate sales performance data to support commissions calculations and reporting
  • Ensure timely and accurate commissions payouts, addressing any discrepancies or payout inquiries effectively
  • Calculate and manage monthly and quarterly commissions accruals, ensuring accurate financial reporting
  • Collaborate closely with sales, finance, and HR to ensure alignment on commissions plans and policies
  • Evaluate and drive continuous improvements on the commissions processes to enhance efficiency and accuracy
  • Provide training and support to sales teams regarding the incentive compensation plans and related commissions processes

Our take

Reddit is a website that facilitates thousands of message board communities, known as subreddits, with an aim to promote authentic human connection. There are more than 100,000 communities on Reddit, covering everything, from food, entertainment, sports, and books, to more niche topics that cater for very specific audiences.

The simple platform is used by more than 52 million people a day and attracts over 50 billion monthly views. While these are impressive numbers, they do pale in comparison with social media giants Facebook and Twitter, however, Reddit distinguishes itself by providing easy-to-find communities for a truly endless range of topics.

Reddit makes money through advertising as well as offering a premium ad-free membership plan. The company has enjoyed continuous user & revenue growth, acquisitions by Conde Nast in 2006 and Advance in 2011, and plans to launch an IPO bid in 2024.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Top investors

Some candidates hear
back within 2 weeks

57% employee growth in 12 months

Company

Funding (last 2 of 6 rounds)

Aug 2021

$410m

SERIES F

Feb 2021

$250m

SERIES E

Total funding: $1.2bn

Company benefits

  • Paid volunteer time off
  • 4+ months paid parental leave
  • Personal and professional development stipend
  • Work from home opportunities
  • Health insurance

Company values

  • Make something people love
  • Evolve
  • Work hard
  • Default open

Company HQ

SoMa, San Francisco, CA

Leadership

After co-founding Reddit in 2005, they stepped away from the company to co-found Hipmunk, where they were the CTO. They returned to Reddit in 2015, and have been the CEO since.

Salary benchmarks

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