Sales Compensation & Reporting Accountant

Responsibilities

Octave is seeking to hire a Sales Compensation & Reporting Accountant.  This Senior Accountant will work closely with the Global Sales Team to provide accurate and timely Sales Compensation and Bonuses reporting and payment information; Calculate, Analyze and Facilitate the accounting of variable compensation using Xactly Incent and Excel; Provide excellent customer service to internal customers (e.g., Sales Managers, Sales Reps, HR to name a few); Maintain a high degree of integrity while dealing with sensitive payment information.   • Accountable for the calculation and payout of global sales commissions and bonuses; ensuring calculations are performed accurately and in a timely manner. • Prepare journal entries and account reconciliations; provide supporting documentation during the month-end close, such as calculating, validating, and recording commission accruals, re-classifications, and adjustments. • Prepare and process monthly commission payments, working with global payroll administrators. • Understand transactional workflow, be knowledgeable about the sources of data, and ensure data integrity. • Participate in the incentive compensation plan design with HR and the Sales organization. • Prepare audit schedules as requested, including the support documentation. • Update and maintain process documentation for accounting processes. • Effectively partner with cross-functional teams to support business initiatives, drive process improvements, and implement best practices. • Ensure compliance with all company accounting policies, procedures, and internal controls. • Approach commissions and other projects with a continuous improvement mindset; Suggest/document process improvements, streamlining of related processes, and recommend changes to improve transparency and efficiency for the global process.

Education / Qualifications

• Works under minimal supervision with a wide latitude for independent judgment. • Requires five years of relevant experience or equivalent combination of experience and education.  • An Accounting degree is preferred.

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About Octave

Octave provides mission-critical software that empowers organizations to make informed decisions across every stage of the asset lifecycle - Design, Build, Operate and Protect - where performance, safety, and reliability are non-negotiable and failure is not an option.

Turning complex operational data into actionable intelligence, Octave connects expertise, real-world conditions and enterprise-scale insight to improve performance, resilience and incident response where it matters most.

Octave has more than 7,000 employees in 45 countries. Learn more at octave.com and follow us on LinkedIn.

Why work for Octave?

All in. Always forward. That's the way we do things around here. We put trust in our people because we believe it's the best way to unleash potential, bring ideas to life, and keep moving ahead. And it's why we're committed to creating an environment that's truly supportive, providing you with the resources you need to support your ambitions, no matter who you are or where you are in the world.

Everyone is welcome

At Octave, we believe that diverse and inclusive teams are critical to the success of our people and our business. Here, everyone is welcome. As an inclusive workplace, we don't discriminate. In fact, we embrace differences and are fully committed to creating equal opportunities, an inclusive environment, and fairness for all.

Respect is the cornerstone of how we operate, so speak up and be yourself. You're valued here.

Recruitment Fraud Alert

Octave posts all official job opportunities on either https://careers.octave.com/ or https://www.octave.com/about/careers and communicates only from email addresses ending in @octave.com. We never request payment or personal banking information during recruitment. No offers will ever be extended without a proper interview via Teams or in person, never done over email alone. If you suspect fraud, it probably is, and contact us at [email protected]

Requires five years of relevant experience or equivalent combination of experience and education; accounting degree preferred; works under minimal supervision with independent judgment.

Key Responsibilities

• calculating commissions
• preparing journal entries
• processing payments

Skills & Tools

Xactly Incent, Microsoft Excel

Job Details

• Category: Finance and Accounting
• Seniority: Senior Level
• Commitment: Full Time
• Workplace: Remote — Houston or Madison or New York City or Richardson or United States
• Languages: English

About Octave

Provides mission-critical software that empowers organizations to make informed decisions across the asset lifecycle. — Industry: Information Technology