Senior Accountant, Compensation Accounting

Taguig, NCR

KMC Solutions | XTN-3C66900

Date Posted

2020-08-06

Career Category

Accounting & Finance

Functional Overview

    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 payroll and related benefits; taxes and accruals; bonuses and related accruals, Sales commissions/Compensation plan calculation and accruals, as well as equity-based compensation calculations. 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

Duties and Responsibilities

  • Perform various GL month-end close activities, including preparation and review of journal entries and balance sheet reconciliations such as Payroll and Equity Cash accounts, Equity related accounts and disclosures, and other compensation related recons.
  • Compensation Plan calculations, Commission Accruals, and Deferred Commission RF schedules
  • Responsible for the calculation of the Corporate Performance bonus plans, MBOs and other bonuses and related accruals
  • Prepare the accounting entries as related to stock based compensation expense (for equity awards and ESPP plans)
  • Prepare Balance Sheet and P&L fluctuation analyses
  • Assist in preparing internal and external financial reporting schedules
  • 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 Ad hoc payments
  • Prepare month-end closing journal entries, including resolving discrepancies and ensuring entries are in accordance with US GAAP
  • Ensure SOX and policy compliance
  • Ad hoc accounting projects and requests, as needed

Minimum Qualification

  • Bachelor’s degree, with emphasis in Accounting, Finance or Business
  • 4-7 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
  • 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
  • Strong Proficiency with Microsoft tools (Excel, Word, Powerpoint)
  • Experience with NetSuite preferred
  • Experience using ADP, Workday or other comparable payroll software a plus