Incentives Accountant

RDO Equipment Co.•Fargo, ND

About The Position

This position will be responsible for administering the commission and bonus incentives accounting processes within the organization. They will be responsible for ensuring accurate and timely calculation and reporting of a robust and complex number of commissions and bonus plans. This role involves collaborating with various departments to achieve departmental goals and drive continuous improvement. Specific Duties Include: Incentives Accounting Processes: Perform essential accounting processes for our robust and complex commission and bonus programs, including payout calculation, accruals, and reconciliations. Commission & Incentive Calculations and Reporting: Perform accurate and timely calculation of commissions and bonus incentives for all eligible employees through the usage of our commission calculation software SAP Hana and excel spreadsheets leveraging many datapoints from our various business systems. Prepare and review reports to ensure accuracy and completeness. Address and resolve any discrepancies or issues related to commission and bonus incentive calculations. Clarity, Consistency, and Accuracy: Partner with Accounting Manager - Incentives to monitor compensation plans to ensure comprehensive documentation and effective communication to promote clarity, consistency, and accuracy, while proactively identifying gaps and opportunities for improvement. Collaboration and Communication: Collaborate with various departments including Sales, Finance, Payroll, and Human Resources, to ensure alignment and effective communication regarding commission-related matters. Leverage expertise in incentive plans to troubleshoot any errors or misunderstandings, as well as provide training and support to team members and other stakeholders as needed. Continuous Improvement: Assist in identifying opportunities for process improvements to enhance the automation, efficiency, and accuracy of commission accounting processes. Utilize technology, including SAP Hana Commissions Software, to enhance efficiency and accuracy. Ensure compliance with relevant accounting standards and regulations. Customer Service: Provide excellent customer service by addressing inquiries and resolving issues related to commission and incentive accounting promptly and professionally. Follow all safety rules and regulations while performing work assignments and adhere to all policies and procedures as specified in company manuals and as directed in the employee handbook. Conduct self in the presence of customers and community to present a professional image of RDO Equipment Co. Proactively seek and participate in available company-sponsored training, to develop and advance knowledge base and skill set. Participate in all company/location driven communication efforts, including open book meetings, huddles, department meetings and other related efforts. Maintain a positive and professional working relationship with peers, management and support resources, with a constant commitment to teamwork and exemplary customer service. Perform all other duties as assigned by management in a professional and efficient manner.

Requirements

Bachelor's degree in Accounting, Finance, or a related field, or the equivalent work experience.
Strong analytical and problem-solving skills.
Attention to detail and accuracy.
Effective verbal and written communication and interpersonal skills.
Team player.
Excellent organizational skills.
Knowledge of accounting principles, standards, and regulations.

Nice To Haves

Proficiency in commission calculation software is a plus.

Responsibilities

Perform essential accounting processes for our robust and complex commission and bonus programs, including payout calculation, accruals, and reconciliations.
Perform accurate and timely calculation of commissions and bonus incentives for all eligible employees through the usage of our commission calculation software SAP Hana and excel spreadsheets leveraging many datapoints from our various business systems.
Prepare and review reports to ensure accuracy and completeness.
Address and resolve any discrepancies or issues related to commission and bonus incentive calculations.
Partner with Accounting Manager - Incentives to monitor compensation plans to ensure comprehensive documentation and effective communication to promote clarity, consistency, and accuracy, while proactively identifying gaps and opportunities for improvement.
Collaborate with various departments including Sales, Finance, Payroll, and Human Resources, to ensure alignment and effective communication regarding commission-related matters.
Leverage expertise in incentive plans to troubleshoot any errors or misunderstandings, as well as provide training and support to team members and other stakeholders as needed.
Assist in identifying opportunities for process improvements to enhance the automation, efficiency, and accuracy of commission accounting processes.
Utilize technology, including SAP Hana Commissions Software, to enhance efficiency and accuracy.
Ensure compliance with relevant accounting standards and regulations.
Provide excellent customer service by addressing inquiries and resolving issues related to commission and incentive accounting promptly and professionally.
Follow all safety rules and regulations while performing work assignments and adhere to all policies and procedures as specified in company manuals and as directed in the employee handbook.
Conduct self in the presence of customers and community to present a professional image of RDO Equipment Co.
Proactively seek and participate in available company-sponsored training, to develop and advance knowledge base and skill set.
Participate in all company/location driven communication efforts, including open book meetings, huddles, department meetings and other related efforts.
Maintain a positive and professional working relationship with peers, management and support resources, with a constant commitment to teamwork and exemplary customer service.
Perform all other duties as assigned by management in a professional and efficient manner.