SWBC is seeking a talented individual to interpret and track all variable compensation agreements. This individual executes calculations and payment for all variable compensation employees on a bi-weekly, monthly, quarterly, and annual basis and creates and posts all variable compensation journal entries.

Essential duties include the following:

• Understands and applies accounting literature to ensure that all recorded payroll transactions are consistent with generally accepted accounting principles.
• Prepares various reconciliations of commission and payroll reports and agrees to the general ledger. Discrepancies are researched and resolved.

• Executes the calculations and submissions of all commissions, bonuses and other payroll incentives for Mortgage.

• Creates and posts month-end accruals for commissions, bonuses and overrides for all mortgage branches.

• Reconciles the commission’s payable account to include researching differences and making appropriate corrections.

• Creates and posts all variable compensation payroll journal entries.

• Creates and distributes all statements and production reports for distribution to Mortgage employees prior to payroll distribution.

• Documents, tracks and compares all executed compensation agreements and creating financial profiles in accounting software.

• Assists Accounting team with Vendor set-up requests.

• Accesses database to match the commissions to loan revenue in order to record the expense in the same month as the revenue. Updates draw schedules and notifies Mortgage Corp personnel if loan officer's payback of draw falls behind.

• Performs all other duties as assigned.

Serious candidates will possess the minimum qualifications:

• Bachelor’s Degree in Accounting, Finance or related field from an accredited four-year college or university required.
• Minimum of five (5) years of accounting reconciliation, journal entry preparation, commissions or related experience required.
• Experience with AMB preferred.
• Knowledge of Workday.
• Working knowledge of Generally Accepted Accounting Principles (GAAP). 
• Working knowledge of Microsoft Office, including Outlook, Excel and Access.
• Excellent organization and interpersonal skills.
• Excellent client engagement skills.
• Excellent verbal and written communication skills.
• Excellent listening and multi-tasking skills.
• Strong analytical and mathematical skills.
• Strong data entry and data validation skills.
• Able to use basic office equipment, including copy machine, personal computer, and fax.

SWBC offers*:  

• Competitive overall compensation package
• Work/Life balance 
• Employee engagement activities and recognition awards 
• Years of Service awards
• Career enhancement and growth opportunities 
• Leadership Academy and Mentor Program
• Continuing education and career certifications 
• Variety of healthcare coverage options
• Traditional and Roth 401(k) retirement plans 
• Lucrative Wellness Program

*Based upon employee eligibility 

Additional Information:

SWBC is a Substance-Free Workplace and requires pre-employment drug testing.

Please note, SWBC does not hire tobacco users as allowed by law.

To learn more about SWBC, visit our website at www.SWBC.com. If interested, please click the appropriate apply button.