Commissions Accountant, Wiz
$102-141k
More information about location
Cloud security software for modern cloud protection
Open for applications
Cloud security software for modern cloud protection
1001+ employees
Open for applications
$102-141k
More information about location
1001+ employees
Company mission
To help organizations create secure cloud environments that accelerate their businesses.
Role
Who you are
- Bachelor’s degree in Accounting or Finance; CPA preferred
- 5+ years of relevant accounting and/or commissions operations experience, or similar
- Experience and extensive knowledge of US GAAP (ASC 606), commission capitalization, and SaaS industry practices – Must
- Experience working in a high-growth tech or SaaS company – Must
- Experience with NetSuite and a commission platform such as Spiff, Xactly, or CaptivateIQ – Strong Advantage
- Strong Excel skills and proficiency in Office/Google Suite
- Ability to work independently and collaboratively in a fast-paced environment
- Strong attention to detail, organizational skills, and a proactive mindset
- High standards of accuracy and precision
What the job involves
- Wiz is looking for an experienced Commissions Accountant to join our Finance team
- This role will play a critical part in the global commissions accounting process, ensuring compliance with ASC 606, and supporting our fast-growing revenue engine
- Administer the end-to-end commissions accounting process, including monthly accruals, capitalization, amortization, and reporting in accordance with ASC 606 and US GAAP
- Perform the calculation, validation, and reporting of commissions and variable compensation across the global sales organization
- Partner cross-functionally with Sales Operations, Payroll, FP&A, and Revenue Accounting to ensure accurate and timely commission payouts
- Assist in the implementation, optimization, and ongoing maintenance of commission systems (e.g., Spiff, Xactly, CaptivateIQ or similar)
- Support audits by providing documentation and analysis related to commissions and bonus accruals
- Ensure adherence to controls and SOX compliance for commissions-related processes
- Understand accounting guidance for new compensation plans, SPIFFs, or plan design changes
Our take
Wiz is a cloud security startup that rapidly made its mark in the cybersecurity world. Launched by a team of former microsoft executive, the company made headlines in summer 2022, when it achieved an impressive $180M in annual recurring revenue just two years after its first product went to market, earning itself some major clients, including Salesforce, Slack, BMW, and Asos along the way.
Most recently, Wiz has become the centrepiece of a massive acquisition deal: Google (via its parent Alphabet Inc.) announced a $32B agreement to acquire the company. The deal, which initially faced antitrust review by the US Department of Justice, has now cleared this regulatory hurdle and is expected to close in early 2026.
This acquisition underscoreWiz's exceptional rise in the cloud security space. And the company's rapid growth, client base, and industry-leading technology have made it one of the most influential cycbersecurity startups in recent years. As it transitions into the Google ecosystem, Wiz is ready to scale and shape the future of cloud security on a global scale.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
May 2024
$1bn
SERIES E
Feb 2023
$300m
SERIES D
Total funding: $1.9bn
Company benefits
- Health benefits: We've got your health covered, plain and simple.
- Home Office Setup: Your comfort zone gets a work makeover, on us.
- Flexible PTO Policy: Time off that works with your life, not against it.
- Fully stocked kitchen with snacks and drinks: Craving a snack? Our kitchen's wehr it's at.
- Fully stocked kitchen with snacks and drinks: Craving a snack? Our kitchen's where it's at.
- Lunch provided: Lunch? Consider it sorted.
- Free Wiz Swag always available: Wear your Wiz pride, anytime.
Company HQ
Chelsea, New York, NY
Leadership
Assaf Rappaport
(Co-Founder & CEO)Previously co-founded and was CEO of security SaaS Adallom (acquired by Microsoft in 2015). Subsequently spent four years at Microsoft as a General Manager, first of Cloud Security, then R&D Israel.
Ami Luttwak
(Co-Founder & CTO)Previously the co-founding CTO of Adallom, next joining Microsoft as CTO of the Cloud Security Group, before becoming CTO of R&D Israel.
Yinon Costica
(Co-Founder & VP of Product)Previously spent 4 years at Microsoft, joining as a Principal Program Manager of Cloud Security before moving into the role of Partner Director of Product Management and Cloud Security.
Roy Reznik
(Co-Founder & VP of R&D)Alongside Wiz, Roy is also the co-founder and Master Distiller at Kataro Distillery. Before this, they worked as Principal R&D Group Manager for Microsoft, joining the company from Adallom whom they co-founded.
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