Principal Product Manager, Sales Compensation Systems

Our MissionAt Palo Alto Networks® everything starts and ends with our mission:Being the cybersecurity partner of choice, protecting our digital way of life.Our vision is a world where each day is safer and more secure than the one before. We are a company built on the foundation of challenging and disrupting the way things are done, and we’re looking for innovators who are as committed to shaping the future of cybersecurity as we are.Our Approach to WorkWe lead with personalization and choice in all of our people programs. We have disrupted the traditional view that all employees have the same needs and wants. We offer our employees the opportunity to choose what works best for them as often as possible - from your wellbeing support to your growth and development, and beyond!At Palo Alto Networks, we believe in the power of collaboration and value in-person interactions. This is why our employees generally work from the office with some flexibility offered where needed. This setup fosters casual conversations, problem-solving, and trusted relationships. While details may evolve, our goal is to create an environment where innovation thrives, with office-based teams coming together three days a week to collaborate on the industry’s best cybersecurity solutions together!Your Career:As the Principal Product Manager of Sales Compensation Systems IT, you will oversee our Sales Commissions Systems as a strategic product, focusing on delivering innovative solutions that enable complex sales plans. This role demands a blend of product management prowess and a deep understanding of sales dynamics, allowing you to set a clear vision and direction for sophisticated, scalable compensation solutions. You will tackle challenges using a first principles approach, ensuring solutions meet current needs and anticipate future industry shifts. You will collaborate closely with the Sales Operations and Compensation Operations team, ensuring the pinnacle of innovation and accuracy in all compensation matters. This role is crucial for managing the fiscal year transition and supporting the ongoing success of our sales team.Your Impact

Lead the development and implementation of advanced sales compensation systems that support complex and dynamic sales strategies.

Define and articulate the vision and strategic direction for sales compensation systems, ensuring alignment with the company’s overarching goals.

Employ a first principles methodology to identify and address fundamental challenges in sales compensation, driving innovation from the ground up.

Continuously assess the industry landscape, identifying inflection points and opportunities for strategic advantage through enhanced compensation solutions.

Develop and refine sales compensation systems as robust products, focusing on scalability, user experience, and integration with other business systems.

Partner strategically with Sales Operations and Compensation Operations to ensure our compensation systems enhance organizational effectiveness and efficiency.

Lead fiscal year transitions with precision, ensuring that changes in compensation structures are seamlessly implemented and well-communicated.

Innovate and improve system capabilities to handle evolving sales strategies and compensation structures.

Ensure the accuracy and reliability of all compensation-related data and systems.

Provide strategic leadership and guidance to a team of compensation system professionals. Fostering a culture of creativity, accountability, and collaboration.

Collaborate with IT Engineering and system developers to enhance system functionalities and user experience.

Your Experience

Bachelor's degree in Business Administration, Finance, Human Resources, or related field; Master's degree preferred.

Minimum of 10 years experience in sales compensation, Sales operations, or a related field, with at least 5 years in a leadership role.

Strong understanding of sales compensation plans and systems.

Demonstrated ability to think strategically and implement solutions based on a first principles approach.

Exceptional leadership skills with the ability to set vision, direction, and motivate teams.

Deep industry knowledge, with a keen sense of when and how to pivot strategies based on market conditions and technological advancements.

Proven ability to manage large-scale projects and transitions.

Excellent communication and interpersonal skills demonstrated the ability to collaborate across departments.

Strong analytical skills with a proven track record of managing complex projects and transitions in dynamic environments.

Experience with compensation applications, SAP commission, SFDC, and robust data management skills is a plus.

The TeamYou will be part of a growing, passionate, and dynamic team with an opportunity to work on challenging and exciting projects — centered on what we believe is one of the most significant mission statements in the world. We also strive to be the most people-centric company ever! That means we’re constantly working to make your experience amazing, and you are part of the team breaking boundaries of what the workplace can be!Our CommitmentWe’re trailblazers that dream big, take risks, and challenge cybersecurity’s status quo. It’s simple: we can’t accomplish our mission without diverse teams innovating, together.We are committed to providing reasonable accommodations for all qualified individuals with a disability. If you require assistance or accommodation due to a disability or special need, please contact us at accommodations@paloaltonetworks.com .Palo Alto Networks is an equal opportunity employer. We celebrate diversity in our workplace, and all qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or other legally protected characteristics.All your information will be kept confidential according to EEO guidelines.