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Commissions Accountant

4 months ago

Bengaluru, Karnataka, India Rubrik Full time

Job Summary: We are seeking a highly skilled and detail-oriented Accountant to join our finance team. The ideal candidate will have a strong background in accounting for commissions, particularly in accordance with ASC 606, and will also handle various general ledger accounting tasks. This role is crucial for ensuring the accuracy of our financial records and supporting the overall financial health of the company.

Key Responsibilities:

  1. Commission Accounting:
  2. Execute on the monthly commission accounting process, including the preparation of journal entries and reconciliations related to commission accruals and payments.
  3. Ensure accurate and timely recording of commission expenses in accordance with company policies and accounting standards.
  4. Reconcile commission payments and ensure discrepancies are identified and resolved promptly.
  5. Perform monthly and quarterly commission reconciliations.
  6. Prepare detailed commission reports and analysis for management review.
  7. Assist in the development and implementation of commission policies and procedures.
  8. General Ledger Accounting:
  9. Perform month-end, quarter-end, and year-end close processes, including journal entries and account reconciliations, including cash, accruals, payroll, prepaid expenses, etc.
  10. Support internal and external audits related to commission accounting by providing necessary documentation and explanations.
  11. Collaboration and Communication:
  12. Work closely with sales, finance, payroll, and business IT teams to ensure alignment on commission policies and procedures.
  13. Collaborate with other departments to gather relevant financial data for analysis and reporting.
  14. Financial Analysis and Reporting:
  15. Conduct variance analysis and explain significant fluctuations.
  16. Prepare ad hoc financial reports and analysis as requested by management.
  17. Compliance and Process Improvement:
  18. Ensure compliance with all relevant accounting standards and regulations.
  19. Identify opportunities for process improvements and implement changes to enhance efficiency and accuracy.
  20. Stay current with changes in accounting standards and regulations, particularly ASC 606.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Chartered Accountant / CPA is a plus.
  • Minimum of 3–5 years of relevant public accounting and/or industry experience.
  • Proficiency with ASC 606 Sales Commission accounting.
  • Strong understanding and hands-on experience working in U.S. GAAP.
  • NetSuite experience required; Experience with Xactly is a plus.
  • Proficiency with MS Excel, specifically with extracting, formatting, validating, and analyzing complex data sets.
  • Excellent organization skills and proven track record of managing competing priorities in a fast-paced work environment.
  • Strong written and verbal communication skills.
  • Reliable team player with strong attention to detail.

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Rubrik (NYSE: RBRK) is on a mission to secure the world's data. With Zero Trust Data SecurityTM, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

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Diversity, Equity & Inclusion @ Rubrik

At Rubrik we are committed to building and sustaining a culture where people of all backgrounds are valued, know they belong, and believe they can succeed here.

Rubrik's goal is to hire and promote the best person for the job, no matter their background. In doing so, Rubrik is committed to correcting systemic processes and cultural norms that have prevented equal representation. This means we review our current efforts with the intent to offer fair hiring, promotion, and compensation opportunities to people from historically underrepresented communities, and strive to create a company culture where all employees feel they can bring their authentic selves to work and be successful.

Our DEI strategy focuses on three core areas of our business and culture:

  • Our Company: Build a diverse company that provides equitable access to growth and success for all employees globally.
  • Our Culture: Create an inclusive environment where authenticity thrives and people of all backgrounds feel like they belong.
  • Our Communities: Expand our commitment to diversity, equity, & inclusion within and beyond our company walls to invest in future generations of underrepresented talent and bring innovation to our clients.

Equal Opportunity Employer/Veterans/Disabled

Rubrik is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Rubrik provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Rubrik complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please contact us at if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

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