Job Openings

Compensation Accounting Manager- Somerville

Job ID: BH429108

Category: Senior Financial Analyst, Reporting Analyst, Commissions, Financial Analyst

Specialty: Accounting & Finance

Compensation Accounting manager- Somerville

 

 

Must Have:

 

3 plus years exp preferred

 

Commissions calculations and reporting in Excel

 

Nice to have:

 

Xactly software

 

The Compensation Accounting Manager is an integral part of the accounting organization overseeing the processes to ensure that all employee related compensation costs as tracked, accrued and paid accurately and timely.  The individual in this role will interact with many other groups within the organization including significant interaction with sales management and human resources.  The Compensation Accounting Manager reports to the VP, Corporate Controller and oversees the senior accountant responsible for compensation accounts.

 

Responsibilities:

  • Payroll:

    • Oversee the domestic payroll process which includes bi-weekly multi-state payroll for exempt and non-exempt employees and special pay-cycles aligning to different roles and departments (e.g. monthly commission, quarterly commission bonus, etc.)

    • Ensure that all regulatory filings associated with compensation are performed as required by the company’s payroll.

  • Commissions:

    • Manage the sales commissions process (including calculating, adjusting, and processing) and other variable compensation for the global sales organization including monthly close accruals and final pay out calculations.

    • Own the sales commissions tool and implement commission plan calculations into the tool.

    • Work with Sales Operation group to manage all Compensation Plans and review the detailed calculations to ensure proper master data entry in the commissions tool.

    • Review all commission calculations to ensure accuracy and that amounts are calculated within the parameters of the individual compensation plans and overall company policy.

    • Provide support to the Sales Management Team in response to inquiries regarding commission calculations, payouts and any related deductions

    • Assist sales management, human resources and senior finance management with compensation plan design

    • Manage deferral of commissions related to ASC 606 accounting guidance.

The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.