At Instructure, we believe in the power of people to grow and succeed throughout their lives. Our goal is to amplify that power by creating intuitive products that simplify learning and personal development, facilitate meaningful relationships, and inspire people to go further in their education and careers. We do this by giving smart, creative, passionate people opportunities to create something awesome. And that's where you come in: we are looking for a Senior Accountant.
Instructure is seeking a detail-oriented and experienced Senior Accountant to join our commissions team. This role is responsible for managing the accounting related to consortiums, royalties, and commissions, ensuring accuracy and timeliness in calculations and reporting, and providing financial insights to support the decision-making processes. The ideal candidate will possess strong analytical skills, a deep understanding of accounting principles, and a proactive approach to problem-solving.
What you will do
- Accounting for Consortiums and Royalties Costs:
- Calculate and accrue consortium and royalty monthly payables.
- Prepare and file consortium and royalty reports with multiple states and organizations.
- Maintain contract repository.
- Ensure accuracy and completeness of reporting.
- Analyze financial data and provide insights to management.
- Accounting for Commissions:
- Administer commission plans for sales and other eligible personnel, including calculation, validation, and processing of commissions payments.
- Collaborate with cross-functional teams, including Sales Operations and Human Resources, to ensure alignment of commission plans with business objectives.
- Analyze sales performance and commission expenses to provide insights and recommendations for optimizing commission structures and incentives.
- Prepare monthly commission accruals and reconciliations, ensuring accuracy and compliance with accounting standards.
- Assist in the preparation of financial reports and presentations related to commission expenses and performance metrics.
- Support internal and external audits by providing documentation and explanations related to commission calculations and processes.
- Stay informed about changes in accounting regulations and industry best practices related to commissions accounting.
What you will need to know/have
- Bachelor's degree in Accounting, Finance, or related field; CPA or equivalent certification preferred.
- Minimum of 2-3 years of experience in accounting, with a focus on commissions or sales compensation.
- Proficiency in Microsoft Excel and accounting software; experience with NetSuite and SalesForce is a plus.
- Strong analytical and problem-solving skills, with a keen attention to detail.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
- Self-motivated and able to work independently in a fast-paced environment.
- Experience working in a technology or SaaS company is desirable but not required.
Get in on all the awesome at Instructure
- Competitive salary, equity, and 401k
- HSA program, vision, voluntary life, and AD&D
- Tuition reimbursement
- Lifestyle Spending Account
- Paid time off, 11 paid holidays, and flexible work schedules
