Senior Accountant, Compensation

Job Brief:

• We are in search of a top tier Senior Accountant of Compensation. The ideal candidate is a detailed-oriented, self-motivated team player, who enjoys working in a challenging and fast-paced environment.
• This individual should have a solid working knowledge of GAAP, SEC regulations, and internal controls and will be responsible for the timely and accurate recording of compensation and benefits related activities of the company.
• This includes recording of sales commissions/compensation plan calculation and accruals, payroll and related benefits/taxes accruals, as well as the bonuses related accruals.
• Additionally, this role will be responsible for supporting the month-end close process, SOX compliance control execution and quarterly / annual audit process, as well as identifying and driving project-based work to provide process efficiencies for the team.
• This role will be reporting to the Manager, Compensation Accounting.

Responsibilities:

• Perform various GL month-end close activities, including preparation and review of journal entries and balance sheet reconciliations for accrued compensation accounts which include: commission journal entries, payroll journal entries, bonus accruals, severance, retention, fringe allocations, and various other compensation related entries
• Review various compensation plan and bonus plan calculations. Perform sensitivity checks, analyze bonus payout true-up against expected final payout, prepare monthly bonus analysis for OPEX flux analysis, and record quarterly attainment true-up as needed.
• Collaborates closely with the Commissions Operations team on monthly commission accruals and related deferred commission waterfall entries
• Prepare balance sheet and P&L fluctuation analysis for MoM, QoQ, YoY
• Assist in preparing internal and external financial reporting schedules including but not limited to footnotes and disclosures
• Evaluate process and system infrastructure, along with identifying and implementing process improvement opportunities
• Maintain and enhance the internal controls over accounting processes and systems
• Assist in implementing new accounting policies and procedures
• Provide a high level of customer service with finance and non-finance business partners by providing financial insights and relevant reporting
• Support the quarterly reviews and annual audit requests and inquiries from our external auditors
• Coordination with payroll to process commission/bonus/retro and special payments
• Prepare month-end closing journal entries, including reconciliation clean-ups, resolving discrepancies and ensuring entries are in accordance with US GAAP
• Ensure SOX and policy compliance
• Ad hoc accounting analysis projects and various requests, as needed

Requirements:

• Bachelor's degree, with emphasis in Accounting, Finance or Business
• 6-8 years of combined public accounting and private industry at a publicly traded company
• CPA or CPA candidate a plus
• Solid working knowledge and application of US GAAP, SEC regulations, and SOX/internal controls
• Familiarity with the operations and related accounting for payroll, commissions and bonus.
• Strong problem solving, analytical, and organization skills
• Ability to execute, follow-up, and ensure attention to detail
• Strong interpersonal and communication (both verbal and written) skills
• A team player, adept at building relationships across the organization
• Ability to adhere to deadlines in a fast-paced environment, without sacrificing accuracy
• Strong systems knowledge, including the ability to quickly learn new systems
• Proficient with Microsoft tools (Excel, Word, PowerPoint)
• Experience with NetSuite preferred
• Experience using Workday, ADP or other comparable payroll software a plus

Must Haves:

• 6-8 years of combined public accounting and private industry at a publicly traded company
• Advanced Excel skills and experience NetSuite and Workday (required)
• Strong problem solving, analytical, & organization skills w/significant knowledge of flux analysis