Commission Accounting Assistant

Joy~Nostalg Group; Metro Manila; On-site; PHP 391,000 - 614,000; Full time

Job summary

Joy~Nostalg Group in the Philippines seeks a Commission Accounting Assistant to manage seller accreditation, validate commissions and incentives, and ensure accurate disbursements. You will coordinate with sales agents and financial institutions to maintain ledgers and governance of commission processes.

The role covers data management, auditing supporting documents, and monthly reconciliations to ensure zero variance in commission expenses. Onsite work is required in Ortigas, Pasig.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• 2–3 years experience handling accounts payable and commissions, preferably in the real estate industry.
• Advanced MS Excel Training for Finance Professionals.
• CPA is an advantage but not required.
• Strong analytical and problem-solving skills, with the ability to identify trends, risks, and opportunities in accounts receivable and commission data.

Responsibilities

• Validate accreditation documents and maintain data bank for accredited sellers.
• Monitor seller performance and update standing reports based on approved Memorandums for Approval (MFA).
• Coordinate with sellers and the Finance Management Group to facilitate account openings for commission releases.
• Validate and process commission claims (Official Sales, Down Payment Stage, Full DP) in accordance with approved policies and structures.
• Verify incentive requests against actual sales performance and approved mechanics before processing.
• Journalize transactions related to commission/incentive reversals due to closed bank accounts or account cancellations.
• Audit supporting documents for advances, reimbursements, and replenishments related to sales and marketing programs.
• Maintain Schedules or Subsidiary Ledgers of Weekly Processed & For Processing Commissions, Monthly Reports on Full/Total Commission, and related items.
• Process non-sales disbursements and reconcile commission expense accounts against the general ledger monthly.
• Respond to seller inquiries regarding commission computations and release schedules in a timely and professional manner.

Education

Bachelor’s degree in Accounting, Finance, Business Administration, or related field

Tools

MS Excel

Job description

Job description:

The Commission Accounting Assistant is responsible for the end-to-end administration of seller accreditation and the accurate validation and processing of commissions, incentives, and sales-related disbursements. This role ensures the integrity of commission-related accounts and subsidiary ledgers while maintaining seamless coordination between sales agents and financial institutions.

1. Seller Accreditation & Data Management

• Validate accreditation documents and maintain a comprehensive data bank for all accredited sellers.




• Monitor seller performance and update standing reports based on approved Memorandums for Approval (MFA).




• Coordinate with sellers and the Finance Management Group to facilitate account openings for commission releases.

2. Commission & Incentive Processing

• Validate and process commission claims (Official Sales, Down Payment Stage, Full DP) in accordance with approved policies and structures.




• Verify incentive requests against actual sales performance and approved mechanics before processing.




• Journalize transactions related to commission/incentive reversals due to closed bank accounts or account cancellations.




• Audit supporting documents for advances, reimbursements, and replenishments related to sales and marketing programs.

3. Financial Reporting & Ledger Maintenance

• Maintains Schedules or Subsidiary Ledgers (SL) of the following accounts:




• Weekly Processed & For Processing Commissions




• Monthly Report on Full Commission for Active accounts




• Monthly Report on Total Commission processed/released for Cancelled accounts




• Performance Report, Agent’s Commission Receivable/Advances Report per Seller/Broker




• Process non-sales disbursements and other valid financial requests as required by management.




• Reconcile commission expense accounts against the general ledger on a monthly basis to ensure zero variance.




• Respond to seller inquiries regarding commission computations and release schedules in a timely and professional manner.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.




• At least 2-3 years of experience handling accounts payable and commissions accounting preferably in the real estate industry




• Advanced MS Excel Training for Finance Professionals.




• Certified Public Accountant (CPA) is an advantage but not required.




• Strong analytical and problem-solving skills, with the ability to identify trends, risks, and opportunities in accounts receivable and commission data.




• Strong computer skills and technical understanding




• Productivity Software (MS Word, Excel) Oracle, Peachtree and Quickbooks Accounting System




• Highly organized, efficient and strong attention to detail




• Good interpersonal and communication (verbal & written) skills




• High level of integrity and professionalism, with a commitment to maintaining confidentiality.




• Willing to work onsite in Ortigas, Pasig