General Ledger (GL) & Commissions Analyst
Job Summary
The General Ledger (GL) & Commissions Analyst is responsible for maintaining accurate financial records, managing general ledger activities, calculating and processing commission payments, performing reconciliations, and supporting month-end and year-end closing activities. The role ensures compliance with accounting standards, company policies, and internal controls while providing accurate financial reporting and commission administration.
Key Responsibilities
General Ledger (GL) Accounting
- Prepare and post journal entries in accordance with accounting policies.
- Maintain and reconcile general ledger accounts.
- Perform monthly, quarterly, and annual financial close activities.
- Analyze account balances and investigate variances.
- Prepare balance sheet reconciliations and supporting schedules.
- Assist with financial reporting and audit requirements.
- Ensure compliance with accounting standards and internal controls.
- Support process improvement initiatives and automation projects.
Commissions Administration
- Calculate sales commissions, incentives, and bonus payouts accurately and on time.
- Review commission plans and validate commission calculations.
- Reconcile commission accruals and payments.
- Investigate and resolve commission-related discrepancies and inquiries.
- Prepare commission reports for management and sales teams.
- Maintain commission data and documentation.
- Collaborate with Sales, HR, Payroll, and Finance teams regarding commission programs.
Reporting & Analysis
- Generate periodic financial and commission reports.
- Monitor trends and identify unusual transactions or payment variances.
- Support budgeting and forecasting related to commission expenses.
- Provide ad hoc financial analysis as requested by management.
Required Qualifications
- Bachelor's degree in Accounting, Finance, Commerce, or a related field.
- 2–5 years of experience in General Ledger accounting and/or commission accounting.
- Strong understanding of accounting principles and financial reporting.
- Experience with ERP systems such as SAP, Oracle, NetSuite, Workday, or similar.
- Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, formulas).
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational skills.