Sales Commissions Accounting Supervisor

2 weeks ago


Palo Alto, California, United States MongoDB Full time

MongoDB is experiencing remarkable growth and is in search of a driven and seasoned Sales Commissions Accounting Manager to join our Sales Compensation team. This role presents an excellent opportunity to engage directly and make a significant impact within a rapidly expanding organization. In this pivotal position, 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 enhance and establish processes and systems that support our next phase of development.

Your Key Responsibilities:

  • Oversee MongoDB's commission accounting and manage the monthly closing process for both domestic and international operations. This entails close coordination along with the recording and reviewing of 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 evaluate their accounting implications and operational viability.
  • Address the increased complexity of commissions accounting resulting from changes in accounting regulations.
  • Act as the dedicated subject matter expert for MongoDB's Capitalized Commission Process.
  • Manage commission SOX controls and coordinate with internal and external auditors, enforcing and refining our commissions accounting policies in accordance with US GAAP, including the preparation of Technical Accounting Memos.
  • Drive continuous enhancements to the closing process through automation and re-evaluation of legacy processes, while maintaining and drafting process documentation.
  • Assist with system integration initiatives, which involve implementing various finance and accounting solutions (e.g., Xactly CEA Accrual, Xactly Incent, NetSuite, etc.).

Qualifications and Skills:

  • 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.
  • 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 controls to mitigate business risks.
  • Proficiency in Excel and other Microsoft Office applications.
  • Strong interpersonal and communication skills with the ability to collaborate across multiple departments.
  • Experience in scaling processes from inception to a highly optimized state.
  • Ability to manage deadlines and prioritize multiple projects and responsibilities.
  • Working knowledge of incentive plan structures (quotas, accelerators, pay mix, and on-target earnings) and systems.
  • Capability to thrive in a multifaceted and fast-paced growth environment with shifting priorities.

Personal Attributes:

  • Detail-oriented with exceptional organizational and time management skills.
  • Excellent verbal and written communication skills, along with strong collaborative abilities.
  • Self-motivated with the capacity to work independently and take initiative.
  • Ability to innovate and think creatively, identifying problems or opportunities to enhance existing processes and provide effective solutions.


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