Sr Accountant- Commissions

Our Employees:

Are valued and empowered, collaborative and team oriented, creative in their approach and passionate about their work. They are reliable, trustworthy and open with a high level of integrity.

Position Summary:??

This position is responsible for performing and coordinating the accounting for the Company’s sales commissions. This position will report to the Accounting Manager and will function as a segment of?our accounting team.?The?role demands inter-departmental partnership with the Company’s international accounting, Sales Operations, and FPA teams.??

Attractions of the Job:??

This position provides an opportunity to take ownership of one of the Company’s more complex accounting?and operational processes. Recent changes in accounting guidance focused on sales commissions provide the chance for immediate impact. Broader experience is also accessible through the understanding of the Company’s various sales plans and sales organization structure through collaboration with our Sales Operations team. The position will provide experience with some of our accounting and budgeting software tools such as IBM Incentive Compensation Management (ICM) and Salesforce. As a member of the accounting team, there will be opportunity to take on added?responsibilities to further growth potential.???

Primary Responsibilities:

• Maintain process flow documents across all business locations for accounting for sales commissions through collaboration with multiple Company departments including IT, Sales Operations, Legal and Finance.
• Apply sound professional judgement to understand and identify process risks and their potential impact on financial statement line items.?
• Design and implement SOX controls to address material risks related to all relevant management assertions surrounding the process.
• Calculate and book monthly and quarterly commission accruals ensuring the entries are accurately calculated and appropriately supported.?
• Calculate and record deferred commission assets related to acquired contracts. Manage schedules and subsequent amortization of such assets.?
• Summarize and present monthly and quarterly accrual results to the international accounting teams, the Corporate Controller, and Finance.?
• Coordinate with Sales Operations and Finance to ensure completeness of data used to calculate sales commission earnings, accruals, and deferred cost assets.?
• Administer quarterly sales plan approvals for the entire sales team to support the accuracy of sales plan data.?
• Perform monthly reconciliations to support the completeness and accuracy of commission liability and asset balances.?
• Process monthly commission payments and review for accuracy by utilizing criteria to identify specific individuals and sales plans that are at greater risk of error; submit results to payroll for processing.?
• Work with Sales Operations and IT to test updates and changes to ICM software. This includes identifying all risks associated with the change and designing procedures and controls to address these risks.?
• Work with Sales Operations and Finance to understand sales commission plans and commission plan changes to identify impacts on current accounting processes in consideration of workload, efficiency, and current accounting guidance.
• Prepare audit deliverables on a timely basis and participate in process walkthroughs with both internal and external auditors clearly communicating process risks and controls.?

Other Responsibilities:

• Provide valuable insight for continuous improvement of company processes.?
• Responsible for upholding F5’s Business Code of Ethics and for promptly reporting violations of the Code or other company policies.
• Performs other related duties as assigned.

Knowledge, Skills and Abilities:??

• Strong analytical and quantitative skills with a high attention to detail, good judgment showing logic-based decision making, and a hands-on approach.
• Highly proficient written and interpersonal communication skills, with the ability to work effectively across multi-department teams, domestically and globally.
• Highly focused & self-motivated - drive tasks from start to finish with efficiency.?
• Excellent collaboration skills, with the ability to handle multiple tasks and work effectively in a team environment.
• Ability to handle confidential and sensitive information.
• Strong skills in Excel/Microsoft Office required. Experience with Oracle eBS, Blackline, SalesForce, or IBM Incentive Compensation Management a plus.?
• Strong planning and organization abilities; can multi-task effectively and front loads work to meet key close deadlines.
• Flexible and open to new ideas and processes.
• Ability to make sound judgments or solve problems independently, knowing when to bring situations to the attention of management.
• Flexible with overtime, if necessary, during the quarter-end and year-end close and reporting cycle.

Qualifications:

• B.A./B.S. degree required in Accounting, or Finance
• CPA a plus
• An ideal candidate will have at least 8 years of total relevant-accounting experience working in public or private accounting positions. Big 4 public accounting is highly preferred.
• Experience with Oracle EBS or a related ERP system preferred
• Familiarity with ASC 340-40 Other Assets and Deferred Costs

Physical Demands and Work Environment:?

• Duties are performed in a normal office environment while sitting at a desk or computer table.?Duties require the ability to utilize a computer, communicate over the telephone, and read printed material.
• Work-from-home arrangements are available.?
• Duties may require being on call periodically and working outside normal working hours (evenings and weekends).
• Duties may require the ability to travel via automobile or airplane
• Job may be performed on-site at a customer facility or data center, or in an office environment sitting at a desk or computer table.?
• Job requires the ability to lift up to 50 lbs.

Benefits:

We provide competitive salaries, a world class benefits package, including 100% of the premium for employee medical, dental and vision insurance, highly subsidized premiums for dependent coverage, 401K match, employees stock purchase plan, 18 days paid time off within the 1st year and 10 paid holidays, life insurance, short & long-term disability insurance, tuition reimbursement, and much more.

The Job Description is intended to be an accurate representation of the responsibilities and requirements of the job.??However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

As an equal opportunity employer, it is the policy of F5 Networks to attract and retain the best qualified people available without regard to race, color, religion, national origin, gender, sexual orientation, age, disability or veteran status.

The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

Please send your updated Cv in English with the position name on the subject: [email protected]