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Accounting Manager for Sales Incentives

2 months ago

Stanford, California, United States MongoDB Full time

The global market for data management software is substantial, with projections indicating significant growth in the coming years. At MongoDB, we are at the forefront of this transformation, empowering developers to create exceptional applications that enhance everyday life. As a premier developer data platform, we invite you to join our innovative team.

We are seeking a dedicated and experienced Sales Commissions Accounting Manager to become an integral part of MongoDB's Sales Compensation team. This role presents an exciting opportunity to engage directly in impactful work within a rapidly expanding organization. You will collaborate closely with executives and various internal departments, including Sales, Sales Operations, Sales Analytics, Deal Desk, Business Systems, Finance, Accounting, and HR, to refine and establish processes that support our growth trajectory. This position is hands-on, reporting directly to the Director of Sales Compensation, and will involve overseeing the administration of our sales incentive programs while managing the commission calculation and payout processes.
Your Key Responsibilities:

  • Oversee MongoDB's commission accounting and manage the monthly closing process for both domestic and international entities, which includes coordinating and reviewing journal entries, account reconciliations, and fluctuation analyses.
  • Supervise a team of two direct reports.
  • Lead reconciliations of actuals to budget and serve as the primary contact for the FP&A team.
  • Collaborate with Sales Operations, FP&A, and the Commissions Manager to assess new compensation plan modifications and their accounting implications.
  • Navigate the complexities of commissions accounting in light of evolving accounting guidelines.
  • Act as the subject matter expert on MongoDB's Capitalized Commission Process.
  • Manage commission SOX controls and liaise with both internal and external auditors, ensuring adherence to our commissions accounting policies under US GAAP, including the preparation of Technical Accounting Memos.
  • Drive enhancements to the closing process through automation and re-evaluation of legacy procedures, while maintaining and drafting process documentation.
  • Assist with system integration efforts, implementing various finance and accounting solutions.
Qualifications and Skills:
  • A minimum of 5 years of professional accounting experience.
  • CPA certification is required.
  • 1 to 2 years of experience in people management.
  • In-depth knowledge of US GAAP, ASC 606, and SOX compliance.
  • Familiarity with business systems such as Xactly, NetSuite, and Floqast is highly preferred.
  • Understanding of internal controls over financial reporting and the ability to implement measures to mitigate business risks.
  • Proficiency in Excel and other Microsoft Office applications.
  • Strong interpersonal and communication skills, with the ability to collaborate across various departments.
  • Experience in scaling processes from inception to an optimized state.
  • Ability to prioritize multiple projects and responsibilities while meeting deadlines.
  • Working knowledge of incentive plan structures and systems.
  • Capacity to thrive in a dynamic, fast-paced environment with shifting priorities.
Personal Attributes:
  • Detail-oriented with exceptional organizational and time management skills.
  • Excellent verbal and written communication abilities, along with strong collaborative skills.
  • Self-motivated, capable of working independently and taking initiative.
  • Innovative thinker with the ability to identify opportunities for process improvements and implement effective solutions.
At MongoDB, we are committed to fostering a supportive and enriching culture for all employees. We prioritize employee wellbeing and offer a range of benefits designed to support personal and professional growth. We are also dedicated to providing necessary accommodations for individuals with disabilities throughout the application and interview process. MongoDB is an equal opportunity employer, promoting diversity and inclusion in the workplace.