Senior Accountant - Payroll and Commission

We're Karat , the leader in technical interviewing and pioneer of the Interviewing Cloud
Karat's purpose is to unlock opportunity, and we built the world's first Interviewing Cloud to conduct predictive, fair, and enjoyable technical interviews 24/7. Karat helps companies expand interviewing capacity, unlock developer time, and raise engineering quality so they can hire smarter and grow faster, and create more opportunities for software engineers. From our industry-leading solutions to Karat's Brilliant Black Minds program, the work we do here matters. We're a team of passionate, focused, human-centric team, and we want you to join us!
Come join our Accounting team
Our Accounting team is committed to ensuring accurate and compliant finance practices. We partner with all internal Karat teams and support clients throughout the world by prioritizing operational excellence and consistency.
What you will do
As a Senior Accountant - Payroll and Commission at Karat, you will be responsible for processing the company's payroll and commission, ensuring overall compliance and accuracy.

• Own full cycle Payroll and Commission Accounting including preparing journal entries, account reconciliations, and account analyses as it relates to company payroll, payroll tax, benefits, and bonus plans ensuring compliance with company policy, GAAP, and internal controls while focusing on strategies to reduce the time it takes to close the accounting period.
• Own end to end Commissions process and coordinate with stakeholders to calculate, submit for approval and payment of sales commissions and performance-based bonuses.
• Partner with cross functional teams including People Operations and Accounting to implement and maintain proper procedures for ensuring compliance with company policy and internal controls.
• Own, manage and make process improvements for all payroll system interfaces including Paylocity, Xactly and Guideline (401k).
• Participate in and support company initiatives such as software implementations, process upgrades and others.
• Complete special projects, document processes, cross train to support team members, ad hoc reporting or other general duties as assigned.
• Prepare supporting documentation for internal and external audit requests related to payroll, payroll tax returns, benefits, commission, and bonus plans.

The experience you will bring

• 5+ years of experience working in payroll accounting, business accounting, or finance.
• Knowledge of payroll and accounting systems including Paylocity, Xactly and Sage Intacct.
• Knowledge of GAAP preferred.
• Experience working at a high growth start up or technology company preferred.
• Excellent verbal and written communication skills.
• Excellent organizational skills and attention to detail.

This is a full-time , salaried position. Immigration sponsorship is not available.
Karat's HQ is based in Seattle, Washington, but we are open to remote candidates for this role (within the U.S.).
Benefits of joining Karat
Karat strives to offer everything you need to best support you today, tomorrow, and beyond. We're proud of our current offerings, and highlight some of our team's favorites below. There are more, just feel free to ask!
Compensation / Time Off:

• Highly competitive salary and stock options
• 401(k) with company match
• Generous paid PTO (see below) and Sick Leave (10 days per year)
• Flexible Time Off Policy for salaried positions
• Three weeks accrued per year for hourly positions
• Global Parental Leave (16 weeks paid with additional 8 weeks transition back to work in part-time capacity)
• 20 paid Company Holidays for 2022

Benefits / Wellness:

• Medical, dental, and vision insurance via Cigna or Kaiser (for CA-based employees)
• 100% premium covered for employees
• 70% premium covered for dependents
• FSA, STD, LTD, Standard Life Insurance, and Optional Life Insurance
• Mental Wellness offerings such as Calm, Happify, Talkspace, Modern Health, and more
• $150 per month contribution to miscellaneous benefit/wellness of employee's choice

Learn more about us
Statement of Inclusivity:
In keeping with our beliefs and goals, no employee or applicant will face discrimination or harassment based on: race, color, ancestry, national origin, religion, age, gender, marital/domestic partner status, sexual orientation, gender identity or expression, disability status, or veteran status. Above and beyond discrimination and harassment based on "protected categories," we also strive to prevent other subtler forms of inappropriate behavior (i.e., stereotyping) from ever gaining a foothold in our office. Whether blatant or hidden, barriers to success have no place at Karat.
We value a diverse workforce: people of color, womxn, and LGBTQIA+ individuals are strongly encouraged to apply.
If you have a disability or special need that requires accommodation, please let us know at [email protected] .
Karat is an E-Verify company.