christmas bonus

Me · 2007-01-02T23:26:29+00:00

i started working for this company 4 months ago as a staff accountant. i had about 8 months experience as a staff accountant in a previous position, which was my first accounting position. so basically i'm still entry level.this is a private company and they pay me a decent starting salary ($39,000) which is good for my area. i catch on quickly and in several weeks i'm doing many reconciliations, entries, etc. when i started they were really behind and swamped... previous cfos and managers never even bothered to reconcile the cash account. we have about a million - million and a half dollars in our cash account and for the past year it was never reconciled completely and there were variances of 2, 3, 4, 5 grand each month.i'm given the opportunity to fix this and in the course of three months i figured out all the problems and the accounts are now reconciled within 20 cents. it was hard work. they actually opened a new bank account and the business office was depositing money in one bank account and listing it in another and this went on and on for months. my "manager" had no idea how to reconcile the account.anyway, i'm doing more and more and now i'm compiling and entering the payroll into the accounting system. the last pay period, my supervisor told me i woudn't be compiling it because there was "too much new information" that went into it. okay, cool. bonuses, deferred compensation, etc. but, i still get to "enter it" into the accounting system. it's a huge entry and we type it in... i asked my manager if these entries can be imported into MAS 90 and she said no, only exported... which i found strange because when i worked with great plains we imported huge entries all the time.anyhow... i'm putting the information into the system and they're giving out tons of bonuses... over $350,000 in bonuses... mostly to the doctors who work for us, the CFO ($35,000 bonus on a $150,000 salary), my manager ($5,000, been there 1.5 years) bonus and the accounts payable person...

Jan 02, 2007 47 Replies

Rate this thread:

Angrie.woman 19 years ago

Being paid more to do things other than reconcile accounts, perhaps?

Vote

Beverly 19 years ago

What culture are you describing?

Beverly

Vote

Peter Saxton 19 years ago

It seemed to be things like posting cheques.

Vote

Peter Saxton 19 years ago

It can literally be a culture of incompetence.

If anyone new starts and they are good at their job the incompetent people resent them and make their life a misery until they leave. Only other incompetent people are embraced and encouraged to stay.

Vote

Paul Thomas 19 years ago

"Peter Saxton" wrote

Ahhhhh......you're describing the typical government office.

Vote

Angrie.woman 19 years ago

I just noticed yesterday that the DMV workers looked a lot like the Wal-Mart shoppers.

Vote

Angrie.woman 19 years ago

And managing multiple branches.

Vote

Paul Thomas 19 years ago

All dressed up, eh?

Vote

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required