At a Glance
- Tasks: Ensure timely and accurate compensation for Stripe's sales team while managing data and communication.
- Company: Join Stripe, a leading financial infrastructure platform transforming the global economy.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Other info: Collaborative team atmosphere with a focus on innovation and excellence.
- Why this job: Be part of a mission to empower businesses and shape the future of finance.
- Qualifications: Degree in Business or related field and experience in sales compensation roles.
The predicted salary is between 50000 - 70000 £ per year.
Stripe is a financial infrastructure platform for businesses.
Millions of companies-from the world's largest enterprises to the most ambitious startups-use Stripe to accept payments, grow their revenue, and accelerate new business opportunities.
Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead.
That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.
About the team
The Sales Compensation Team at Stripe is responsible for the overall compensation strategy, design, and payment administration for the global sales organization.
We ensure that Stripe's objectives align with the compensation program and that our sales teams are paid accurately and timely.
We provide thought leadership for the go-to market initiatives so that performance and compensation are effectively correlated.
The Sales Comp team partners closely with the revenue generating and support functions across Stripe to support the success of our sales efforts.
Stripe's Sales Compensation Team has an opening for a role that will be responsible for the compensation calculation and payment process for the sales organization.
Working as a team of three, this role will play a critical role in ensuring the sales team is correctly paid on schedule.
This will include the following steps: processing data, validating calculations, communicating compensation and handling clarification requests.
This role will require patience for handling sensitive compensation issues with stakeholders.
Responsibilities
- Deliver accurate and on time payments to roles with variable sales compensation structures.
- Own and conduct regular audits of incentive compensation management (ICM) tool including: personnel set up, plan management, processed data, and commissions calculations.
- Process data, ensure correct calculations, communicate compensation and handle clarification requests.
- Be the first responder to compensation inquiries and support escalation when needed.
- Leverage both Google Sheets and an ICM tool to complete the payment process.
Have an in-depth understanding of the sales function, product priorities, and individual sales team characteristics.
Who you are
We're looking for someone who meets the minimum requirements to be considered for the role.
If you meet these requirements, you are encouraged to apply.
The preferred qualifications are a bonus, not a requirement.
- BS or BA in Business, Finance, Economics, Math, or Statistics.
- 2+ years of experience in a sales compensation payment role.
- Experience with CRM (e. g. Salesforce) and ICM (e. g. Captivate IQ, Varicent, Xactly) tools.
- Experience with reporting tools, SQL query optimization, and Tableau.
- Very organized and attentive to detail, with excellent prioritization skills that allow you to consistently deliver quality results on time.
- Ability to handle the complexities of an end to end commissions close, including managing multiple deadlines.
- Ability to address questions and concerns quickly and patiently.
- Preferred qualifications
- Experience with SOX Compliance and process documentation.
- Experience in Sales or Sales Operations roles.
- Good communication skills, both verbal and written, with the ability to convey information effectively and empathetically to sales staff and cross functional teams.
S Sales Compensation Analyst Stripe London Licensed sponsor On-Site employer: Meetborderless
Stripe is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and collaboration are at the forefront. As a Sales Compensation Analyst in London, you will benefit from competitive compensation packages, professional development opportunities, and the chance to contribute to a mission that aims to enhance the global economy. With a focus on employee growth and a supportive team environment, Stripe offers a unique opportunity to make a meaningful impact while advancing your career.
StudySmarter Expert Advice🤫
We think this is how you could land S Sales Compensation Analyst Stripe London Licensed sponsor On-Site
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Meetborderless. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace S Sales Compensation Analyst Stripe London Licensed sponsor On-Site
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Meetborderless.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Meetborderless's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Meetborderless
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Meetborderless.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Meetborderless will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Meetborderless employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
