A proposal for a competitive compensation package Student’s Name Institutional Affiliation Course Name Instructors Name Due date Job description Position Summary: The Accounting Manager position will oversee the Accounts Payable and General Ledger functions manage the accounting period end close activities to ensure accurate and timely delivery of financial results. This position will play an integral role in the day-to-day accounting operations and financial audits and will be responsible for executing and maintaining accounting policies and procedures. Responsibilities: Manage monthly accounting close activities - ensure period end tasks are completed timely prepare and review journal entries accounts reconciliations and variance analysis Prepare monthly analytics (trends and variances) for internal financial reporting Support quarterly reviews and annual financial audits prepare and review various audit schedules for external auditors Prepare and review financial information for annual corporate income tax filing Review billing transactions for sales tax reporting and filing in Avalara culture and appropriate for the workforce. It is also important piece of the given overall human resource strategy as it helps in keeping the organization in a competitive way which brings about success. It also aims at keeping personnel budget under the control and to manage the jobs in the right salary brackets Reference Chand S. (2016). Top 4 Methods of Job Evaluation (explained with diagram). Retrieved from www.yourarticlelibrary.com P. R. & Whittington R. (2009). Wiley CPA exam review 2010. Hoboken N.J: Wiley. Drury C. (2007). Management and cost accounting. London: Thomson Learning. Frey B. S. (2002). Successful management by motivation: Balancing intrinsic and extrinsic incentives : with 11 tables. Berlin [u.a.: Springer. Gluck S. (2016). Types of Job Evaluation. Retrieved from smallbusiness.chron.com So You Want to Become an Accounting Manager? (2016). Retrieved from www.roberthalf.com Weathington B. L. &Weathington J. G. (2016). Compensation and benefits: Aligning rewards with strategy. Bridgepoint Education Inc. [...]
Using the job description and evaluation method that you created (Accounting Manager) design a proposal for a competitive compensation package for the position, including the following elements: • Job description (Already Created) • Method of Job evaluation (Already Created). • Intrinsic and extrinsic benefits • Compensation package and rationale for same • How performance will be measured • Why the proposal you have created is appropriate for the market at this time. • Compensation strategy.