Thoughtworks is a US headquartered, NASDAQ traded global technology and consultancy that builds customer software applications to help digitally transform businesses. We think disruptively to deliver technology to address our clients’ toughest challenges, all while seeking to revolutionize the IT industry and create positive social change. We work with a range of clients from media to banking to NGOs. With 48 offices in 19 countries, we’re passionate global citizens, aiming to have a huge impact on the world. www.thoughtworks.com
Thoughtworks is seeking a Senior Accountant Rewards Specialist. This position offers an opportunity to take on a pivotal role as the finance liaison for all aspects of rewards accounting, including the Annual Bonus Plan, equity-based compensation, and commissions. As the Senior Accountant Rewards Specialist, you will be responsible for overseeing the entire annual bonus program, managing the timeline, SOX controls, bonus calculation, respective balance sheet reconciliations, and owning key controls over financial reporting. Additionally, you will collaborate closely with the Total Rewards Team, Equity Accounting Manager, Global Tax Team, and Regional Finance Team across the world to ensure sound compliance and reporting. This role requires a high level of collaboration and partnership to maintain accurate and compliant financial operations.
A successful applicant will be a Chartered Accountant (CA) with greater than 4 years relevant accounting experience and will be expected to proactively identify risks and opportunities from an accounting point of view and work cross-functionally with members of the Total Rewards team, country and global finance teams to implement solutions.
This position will be based in our Bengaluru office and report to the Corporate Accounting
Job responsibilities
- Collaborate with the Rewards Team to design and refine the Annual Bonus Plan metrics and structure.
- Manage the entire Annual Bonus Program from a finance perspective, ensuring accurate calculation, recording, and reporting of bonus payments.
- Oversee the timeline of the Annual Bonus Program, ensuring adherence to deadlines and SOX controls.
- Conduct comprehensive bonus calculations and respective balance sheet reconciliations.
- Own and implement key controls over financial reporting related to the Annual Bonus Program.
- Act as the finance liaison for the Annual Bonus Plan, Commission Plans, and Equity Compensation. ensuring the Controllership team's involvement in the design and implementation phases.
- Collaborate with the Technical Accounting and Global SOX Team to develop accounting analysis and guidance for regional finance teams, ensuring accurate accounting and compliance with SOX standards for commissions accruals and calculations.
- Partner with FP&A to calculate and forecast Annual Bonus Plan expenses.
- Ensure proper controls around quarterly commission payments in collaboration with the Rewards Team.
Job qualifications
- CA with 4 years,Public company or SOX 404 compliance experience is advantageous.
- Willingness to work extended hours to align with Corporate Controllership team.
- Comfortable with automation and macros.
- Ability to effectively communicate complex reward concepts to all organizational levels.
- Strong verbal and written communication skills.
- Proactive approach to automation and process improvement.
- Keen attention to detail.
- Open to receiving direct feedback and sharing experiences with colleagues.
- Proficient in Microsoft Excel.
- Experience with Salesforce, PeopleSoft Financials, UBS, and Workday is advantageous.
Professional Skills
- Prepare and post monthly expense journals for the Annual Bonus Plan.
- Conduct quarterly calculations and month-end reconciliations of the Annual Bonus Plan.
- Prepare and post stock-based compensation and equity journal entries.
- Ensure the completeness and accuracy of equity data in our third-party system.
- Perform monthly reconciliations and maintain the equity roll forward.
- Support accurate reporting of equity transactions in audited financial statements and disclosures.
- Partner with Global Tax on various reporting requirements.
- Collaborate with Global Rewards and Payroll teams to ensure accurate reporting and accounting of withholding taxes.
- Assist in the preparation of compensation and equity disclosures for SEC filings.
- Support internal and external.Build relationships with internal stakeholders and act as a change agent to drive process efficiencies.
Other things to know
There is no one-size-fits-all career path at Thoughtworks: however you want to develop your career is entirely up to you. But we also balance autonomy with the strength of our cultivation culture. This means your career is supported by interactive tools, numerous development programs and teammates who want to help you grow. We see value in helping each other be our best and that extends to empowering our employees in their career journeys.
About Thoughtworks
Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. For 30+ years, our clients have trusted our autonomous teams to build solutions that look past the obvious. Here, computer science grads come together with seasoned technologists, self-taught developers, midlife career changers and more to learn from and challenge each other. Career journeys flourish with the strength of our cultivation culture, which has won numerous awards around the world.
Join Thoughtworks and thrive. Together, our extra curiosity, innovation, passion and dedication overcomes ordinary.
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What We Do
We are a leading global technology consultancy that integrates strategy, design and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses.
Why Work With Us
As technologists, we have a unique role to play in how technology should benefit all of society, pursuing a more equitable future. Part of that role is to continuously educate ourselves on the issues that matter to the causes we believe in. We recognize our privilege and strive to see the world from the perspective of the most vulnerable.
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