Commissions Lead Accountant

RxBenefits • Burlington, VT • 2h ago

Primary Responsibilities Include:

Accurate recording and reporting of commissions expense in a high-volume, multi-entity, multi-product environment

Review and approval of all commission-related journal entries and reconciliations for month end close, including accruals, prepaid schedules, monthly bills, etc.

Performing trend analysis of month-over-month and budget to actual expenses, identifying outliers, and reporting findings to management

Ensuring accounting transactions are properly recorded in accordance with GAAP and company policies by interpreting and applying US GAAP

Review and approval of periodic audits of commissions data integrity among internal systems. Assist in design of audit procedures, as necessary

Evaluation and continuous improvement of commission-related accounting processes and procedures, including assessment of system needs and collaboration with product development team, as needed

Assessment of controls and risks associated with commissions process and implementation of prevention, detection and remediation, as necessary

Collaboration with external auditors and provision of complete and accurate support to ensure the success of the annual financial statement audit

Supervision of the internal/external customer service provided via the Broker Info inbox and JIRA ticketing system, ensuring requests are met with accurate and timely responses

Development and performance management of 2-3 commissions team members

Active participation in weekly Commission team meetings and bi-weekly Departmental meetings

Serving as an accounting liaison in commission-related discussion with other departments throughout the company and leading commission-related projects on an ad hoc basis

Cross-training in other departmental tasks, as requested

Performing other accounting, financial, or administrative tasks as required from time to time by Management

Required Skills / Experience:

Accounting B.S. degree required

4+ years' experience in an accounting role required. Prior experience with commissions or accounts payable preferred. Experience with monthly accrual accounting and prepaid expenses required.

2+ years' experience in people management required

Demonstrated understanding of US GAAP and Accrual Accounting

Experience with Sage Intacct, Salesforce, Power BI a plus

Advanced Microsoft Excel skills (Pivot Tables, VLOOKUPS, IF, COUNT), preferred

Ability to manage multiple assignments and operate in a fast paced, dynamic environment while adapting to new challenges

Ability to problem solve and productively manage conflict

Ability to analyze issues and make informed decisions

Well-developed written and oral communications skills

Takes initiative and a proactive approach, willing to do whatever it takes to get the job done

Ability to learn and apply critical thinking as needed

Good math aptitude and the ability to work accurately with numbers are essential

Highly collaborative team player

Based on relevant market data and other factors, the anticipated hiring range for this role is $80,000 - $100,000 annually. Final compensation rates will be determined based on various factors, including but not limited to experience, skills, knowledge, and internal equity considerations. This role is also short-term incentive eligible. Incentive amounts will vary by individual and business goals.

We are committed to fair and equitable compensation practices. The final salary offered to the selected candidate may vary from the posted range due to individual qualifications. Our goal is to ensure that all teammates are compensated fairly and competitively based on their contributions to our organization.

RxBenefits is also committed to providing best in class benefits to our teammates. We offer a robust total rewards package that includes:

Remote first work environment

Choice of a HDHP or PPO Medical plan, we pay 100% of the premium for the HDHP for you and your eligible family members

Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance that we also pay 100% of premiums (for your family too on Dental and Vision)

Additional buy-up options for Short- and Long-Term Disability and Life Insurance

401(k) with an employer match up to 3.5% available after 60 days

Community Service Day to give back and support what you love in your community

10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday to use as you like

Reimbursements for high-speed internet, we'll send you a computer and monitors to help you do your best work

Tuition Reimbursement for accredited degree programs

Paid New Parent Leave that can be used for adoption or birth

Pet insurance to protect your furbabies

A robust mental health benefit and EAP service through Spring Health to support you when you need it most

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