cprime
Payroll, Commission & Bonus Accounting Specialist (Chennai – Onsite)
Job Description
A Goldman Sachs | Everstone company, Cprime is a global consulting firm helping transforming businesses get in sync. Cprime is the partner of choice for Fortune 100 companies looking to achieve value and agility. We help visionary business leaders compose solutions, execute implementations, and exceed against business goals. With our key partnership recognitions, including Atlassian Platinum, AWS Advanced, and SAFe Gold partner, our industry-leading software and services work in synergy to deliver transformations. Cprime is headquartered in Cary, North Carolina with offices in Chicago, Philadelphia, and Leeds, UK. We are growing our global footprint in Canada, the United Kingdom, Ukraine, EMEA, India, and Australia.
We are seeking a highly motivated and results-oriented individual to join our organization as Global Payroll, Commission & Accounting Specialist. The primary responsibility of this role is to do account payroll at a project level and also compute Commission & Bonus as per contractual terms for payment.
What you will do:
- Project-level accounting of Payroll
- Handle all Recruiting and sales commission calculations, communication, and accounting entries.
- Computation of Commissions and Bonus as per contractual terms (Calculating corporate bonus monthly and post corresponding accruals and reversal entries)
- Maintain all Payroll and benefits accounting responsibilities
- Assist in month-end close, preparing monthly recurring and accrual journal entries and all related account reconciliations and analysis
- Accrual of Payroll costs
- Collaborate and work closely with employees on queries related to sales commissions & bonus calculations if any
- Monthly Variance reporting on Payroll costs
- Managing advance register of employees
- Ensuring all advances are recovered as per company guidelines
- Support Revenue team in reporting – Payroll vs. Billing
- Understand, maintain, and improve month-end processes and systems to facilitate an efficient close
- Perform other duties as assigned
Qualifications and Skills:
- Proven experience in Project level accounting, preferably in a similar role for at least 2 years
- Experience in the calculations of commissions and bonus amounts for account executives for a complicated multi-tier commission plan
- Calculation of company bonus amounts
- Able to hold a high level of confidentiality around employee compensation
- Knowledge of Accounting to post the accounting entries for the Sales, Commission, PTO, Bonus, Benefits and Payroll Entries as well as the monthly reconciliations on the associated Liabilities
- Proficiency with Microsoft Excel
- Strong analytical and problem-solving skills, with the ability to interpret financial data and make informed decisions
- Ability to work independently and meet collection targets within defined deadlines
- Exceptional organizational skills with attention to detail.
- Demonstrated ability to maintain confidentiality and handle sensitive information.
- Positive attitude, resilience, and a proactive approach to work
- SAGE accounting system experience is preferred but not mandatory
Education and Certifications:
- MBA with 3-4 years of experience
- CMA/CWA preferred
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What We Believe In
At Cprime we believe in facilitating social justice action internally, in industry, and within our communities. We believe part of our mission is to expand the minds, hearts, and opportunities of our Cprime teammates and within the broader community to include those who have been historically marginalized.
Equal Employment Opportunity Statement
Cprime is an equal-opportunity employer that is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws.