Instructure

Sr. Commissions Accountant

Instructure • $75K — $95K *
Salt Lake City, UT 84118In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; CPA preferred.
  • 3-5 years of experience in commissions or revenue accounting, especially in software.
  • Deep knowledge of ASC 340-40 and contract cost accounting.
  • Strong analytical skills with high attention to detail.
  • Excellent communication and collaboration skills.
  • Proficient in accounting software and ERP systems; NetSuite and Salesforce experience beneficial.
  • Familiarity with commission management tools like CaptivateIQ or Xactly is a plus.

Responsibilities

  • Account for sales commissions according to ASC 340-40, ensuring compliance and accuracy.
  • Analyze commission structures and contracts to determine capitalization and amortization.
  • Collaborate with teams across Sales, Sales Operations, Payroll, and FP&A on new commission plans.
  • Prepare and manage documentation for commission accounting policies.
  • Assist in implementing commission management software and systems.
  • Conduct reviews and reconciliations of commission accounts, including clawbacks.
  • Support internal and external audits with necessary documentation and evidence.

Benefits

  • Competitive compensation with employee ownership program for full-time staff.
  • Flexible work culture with remote, hybrid, and in-office options.
  • Generous time off, including local holidays and a special December break.
  • Comprehensive wellness programs and mental health support.
  • Learning resources, professional development tools, and tuition reimbursement.
  • Necessary technology and tools to perform optimally.
  • Recognition programs such as Motivosity.
  • Inclusive and supportive company culture.
Full Job Description
Responsibilities:
  • Account for sales commissions in accordance with ASC 340-40 (the standard for capitalizing and amortizing the incremental costs of obtaining a customer contract, including sales commissions), ensuring accuracy and compliance.
  • Analyze commission plans, sales arrangements, and contract terms to determine the appropriate capitalization and amortization treatment.
  • Collaborate with cross-functional teams including Sales, Sales Operations, Payroll, and FP&A to review and assess the commission implications of new plans, deals, and offerings.
  • Prepare and maintain documentation supporting commission accounting policies and procedures.
  • Assist in the implementation and enhancement of commission management software and systems.
  • Conduct periodic reviews and reconciliations of commission-related accounts, including clawbacks and true-ups.
  • Participate in internal and external audits, providing necessary documentation and support.
  • Stay current on changes in accounting standards and regulations related to commissions and contract cost accounting.
  • Provide guidance and support to junior team members, fostering a collaborative and growth-oriented environment.

Qualifications:
  • Bachelor's degree in Accounting, Finance, or related field. CPA or equivalent certification is a nice to have.
  • Minimum of three to five years of experience in commissions or revenue accounting, preferably within the software industry. Experience with a Big 4 accounting firm is preferred.
  • Thorough understanding of ASC 340-40 and accounting for the costs of obtaining a contract.
  • Strong analytical skills with meticulous attention to detail.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
  • Proficiency in accounting software and ERP systems. Experience with NetSuite and Salesforce is a bonus.
  • Experience with commission management tools such as CaptivateIQ or Xactly is a plus.

Get in on all the awesome at Instructure!

We offer competitive, meaningful benefits in every country where we operate. While they vary by location, here's a general idea of what you can expect:
  • Competitive compensation, plus all full-time employees participate in our ownership program - because everyone should have a stake in our success.
  • Flexible work culture. Our remote, hybrid and in-office collaboration spaces vary by role, team and location.
  • Generous time off, including local holidays and our annual "Dim the Lights" period in late December, when teams are encouraged to step back and recharge based on departmental needs.
  • Comprehensive wellness programs and mental health support
  • Learning and development resources, including professional development tools and tuition reimbursement, to support your growth
  • The technology and tools you need to do your best work
  • Motivosity employee recognition program
  • A culture rooted in inclusivity, support, and meaningful connection


We believe in hiring great people and treating them right. The more diverse we are, the better our ideas and outcomes.

About Instructure

Instructure is a software company that provides cloud-based learning management systems for educational institutions and corporations. The company was founded in 2008 and is based in Salt Lake City, Utah. Instructure's flagship product, Canvas, is used by over 3,000 universities, school districts, and institutions around the world. Instructure also offers a range of other products, including Bridge, a corporate learning and engagement platform, and Arc, a video platform for learning. Instructure went public in 2015 and is traded on the New York Stock Exchange under the ticker symbol INST.
Learn more about Instructure
Size
1,283 employees
Market Cap
$3.3 billion
Industry
Information Technology
Founded
2008
NASDAQ
INST
* Ladders Estimates

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