Financial Accountant - Sales Commissions (Part Time)

Abingdon, GB, OX14 3YP

Finance

As a worldwide leader in next-generation cybersecurity, Sophos protects nearly 400,000 organizations of all sizes in more than 150 countries from today’s most advanced cyberthreats. Powered by SophosLabs – a global threat intelligence and data science team – Sophos’ cloud-native and AI-enhanced solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cybercriminal tactics and techniques, including automated and active-adversary breaches, ransomware, malware, exploits, data exfiltration, phishing, and more.

The award-winning Sophos Central cloud-based platform integrates Sophos’ entire portfolio of best-of-breed products, from the Intercept X endpoint solution to the XG Firewall, into a single system called Synchronized Security. Sophos products are exclusively available through a global channel of more than 47,000 partners and Managed Service Providers (MSPs). Sophos also makes its innovative commercial technologies available to consumers via Sophos Home. The company is headquartered in Oxford, U.K., and is publicly traded on the London Stock Exchange under the symbol “SOPH.”

 

 

Job Purpuse

 

Primarily responsible for the setting up and accurate calculation for all global sales commission plans (c 900). Preparing monthly accruals and variance reporting analysis for global sales commissions tracking costs against forecast and billings. Responsibilities include providing clearly defined processes and information to Sales Managers and individual Sales Representatives. Working closely with Commercial Finance and Sales Operations to ensure annual Quota Stack calculation is achievable ensuring all Commission targets are accurately recorded and processed correctly each month, with proactive communication with HR on all global OTC remuneration changes.  

 

You will be responsible for elements of the month end close as well as providing support to close the financials.

 

Main Duties

 

  • Working closely with Commercial Finance and Sales Operations to support the creation of the new Quota Stack for commissions and responsible for ensuring new Quota Stacks are achievable to calculate and the target kicker rates are clearly understood
  • Responsible for setting up global commission plans for every region, preparing an individual sales plan for every representative accurately recording their commission targets
  • Responsible for setting up and running the billings reports that drive the commission calculations and subsequently calculating all global commission plans and circulating securely to sales management
  • Provide calculation of commission kicker rates and analysis for monthly/quarterly/annual commissions accrual and explain any variances to Plan/Forecast on Sales Commissions, ensuring variances are investigated and justified where applicable to Global Projects Financial Accountant and report analysis to EMEA Controller
  • Responsible for the effective and secure communication and exchange of commission plan details to Sales Management on a monthly basis, ensuring all change notifications are approved and calculations are updated accordingly
  • Take ownership of responding timely and concisely to all Sales communications, ensuring proactive communications and building effective relationships whilst following process and procedures in place
  • Modelling of impact of potential commission changes and/or one-off schemes and supporting Commercial Finance/Sales Operations with ad-hoc reporting requests
  • Maintain up to date process documentation, making systems improvements and process changes to improve efficiency
  • Assisting in the analysis of President’s Club, forecasting attainment and tracking achievements to Club criteria, together with assisting the Global Projects Financial Accountant with the tax analysis of Club expenses
  • Work closely with the Global Projects Financial Accountant on other global project activities, supporting other global finance functions – such as Inventory reporting, COS accounting and Global Insurance – as required
  • Support other business functions in analysis of data, in particular Commercial Finance, Sales and Sales Operations
  • Work on Finance team projects, taking a proactive role in specifying, testing and supporting new initiatives such as development and documentation of new processes and internal controls

 

Special Conditions

 

  • Holiday restrictions may apply at month-ends, quarter ends and financial year end.
  • Required to work with complete confidentiality
  • Flexibility is required to assist in periods of high-volume of work
  • Must be very proficient at Excel and have some experience of a financial system
  • Study for a professional qualification is available and the post holder will be encouraged to take on additional responsibilities as experience and department requirements allow.

 

Organisational Responsibility 

 

  • Reports to the Global Projects Financial Accountant

 

Experience

 

Essential

 

  • Financial Accounting skills
  • Practical experience of all aspects of the month end accounting processes
  • Improving processes and controls
  • Working with SAP
  • Working within a highly sales driven and fast moving culture
  • Proven accounting skills within transactional processes and reconciliations

 

Desirable

 

  • Working within a software company, ideally a global organisation
  • Worked as part of a global Finance organisation supporting global actions and initiatives


Skills and Abilities

​​​​​​​

Essential

 

  • Excellent interpersonal, listening and oral communication skills
  • The ability to work to deadlines whilst maintaining accuracy and attention to detail
  • Advanced MS Excel skills (pivot, lookups)
  • Numeracy
  • Handling multiple priorities effectively
  • Working collaboratively within a team environment

 

Behaviours

 

Essential

 

  • Attention to detail
  • Driving for quality
  • Planning & Organising
  • Tenacity
  • Judgement

 

Qualifications

 

Essential

 

  • AAT Qualified / ACCA, ACA, or CIMA part or newly qualified

 

Desirable

 

  • Newly or near qualified with at least 2 years experience in industry
  • Degree or equivalent in a Finance /Business-related subject

 

Training

 

  • Sound understanding of UK GAAP/IFRS and accrual accounting principles ​​​​​​​

 

Equal Opportunities

 

Sophos is committed to equality opportunity in all areas of its work. All qualified applicants will be treated in a fair and equal manner and in accordance with the law regardless of gender, marital status, race, religion, colour, age, disability or sexual orientation.

 

 

If you choose to explore this opportunity, and subsequently share your CV or other personal details with Sophos, these details will be held by Sophos for 12 months in accordance with our data protection policy which can be found here and used by our recruitment team to contact you regarding this or other relevant opportunities at Sophos.  If you would like Sophos to delete or update your details at any time, please reply to this or other emails from Sophos clearly stating your request, or follow the steps set out in the data protection policy describing your individual rights.  If you have any questions about Sophos’ data protection practices please contact dataprotection@sophos.com.

At Sophos, we want every organization to be protected by innovative, next-generation IT security, even those who don't have a huge IT staff. We protect organizations of all sizes, all around the world by making enterprise-grade security that is simple to deploy, manage, and use. It is our passion, and something we are truly proud of.


Job Segment: ERP, SAP, Cloud, Testing, Technology