General Accountant, Commissions - Copperleaf - Mat Leave Cover (12-18 months)

Company Description

IFS is a billion-dollar revenue company with 7000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

We embrace flexibility and hybrid work opportunities to support diverse needs and lifestyles, while also valuing inclusive workplace experiences. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging. Our commitment ensures you can work in a way that suits you best, while also engaging with colleagues to share ideas and build meaningful relationships.

Job Description

Position Overview

The General Accountant is responsible for managing the full lifecycle of variable compensation accounting, and support the Accounting team with financial reporting. This role ensures accurate monthly accruals, timely payment processing, and complete alignment between financial reporting, payroll, and our software system. The ideal candidate brings strong analytical skills, attention to detail, and the ability to collaborate effectively with Sales Operations, Finance, and HR/Payroll teams.

Key Responsibilities

Commission & Variable Incentive Management

• Own monthly, quarterly, and annual variable incentive programs, including MBOs, presale commissions, and sales commissions.
• Validate sales performance data, compensation plan eligibility, and payout calculations.
• Maintain and update Xactly Incent to reflect earned commissions, adjustments, clawbacks, and payment status.
• Reconcile Xactly Incent outputs with internal financial records to ensure accuracy and completeness.

Financial Reporting & Accruals

• Prepare monthly commission accruals in accordance with company policies and accounting standards.
• Analyze commission trends, variances, and forecast impacts for financial reporting.
• Support month-end close activities, including journal entries, reconciliations, and supporting schedules.
• Partner with FP&A to provide commission-related insights for budgeting and forecasting.

Payroll Coordination

• Collaborate with HR and Payroll to ensure timely and accurate release of commissions and MBO payments.
• Provide payroll-ready files, approvals, and documentation for each commission cycle.
• Resolve discrepancies between payroll records, Xactly Incent, and accounting schedules.

Process & System Management

• Maintain commission plan documentation, workflows, and internal controls.
• Support enhancements to Xactly Incent, including configuration updates, testing, and data validation.
• Leverage AI tools and automation to streamline accounting workflows, enhance reporting accuracy, and improve operational efficiency.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 1-2 years of accounting experience, preferably with exposure to commissions or variable compensation.
• Experience with Xactly Incent strongly preferred; other commission systems an asset.
• Strong understanding of accrual accounting and financial reporting.
• Advanced Excel skills (pivot tables, lookups, formulas).
• Excellent attention to detail, analytical thinking, and problem‑solving ability.
• Strong communication skills and ability to work cross‑functionally.

Competencies

• Ability to manage multiple deadlines in a fast‑paced environment.
• High integrity and commitment to accuracy.
• Strong process orientation with a continuous improvement mindset.
• Comfortable working with large datasets and complex compensation structures.

Additional Information

What We’re Offering

• Salary Range:  $65,000 CAD to $73,000 CAD annually

We believe that coming together as a community, in person, is important for innovation, connection and fostering a sense of belonging. Our roles have the right balance of remote and in-office working to enable flexibility for managing your life along with ensuring a real connection with your colleagues and the broader IFS community.