Compensation Accountant recruitment
• Support the Compensation Accounting Manager on the implementation and documentation of new and existing processes, key to supporting the complex accounting of compensation schemes / models;
• Take ownership of specific compensation processes and other adhoc work, as directed by the Compensation Accounting Manager;
• Responsible for month end reporting to the Compensation Accounting Manager in a controlled and timely manner, supporting the monthly transactions as they impact the Group’s books and records;
• Responsible for ensuring balance sheet and profit and loss accounts are properly, timely and effectively reconciled and reported upon. Accounts include various types of employee loans, bonuses, equity, payroll and intercompany;
• To develop, review and report upon the balances/expenses and to be able to explain variance analysis as appropriate at that level;
• Actively support and review the day to day functions performed by two part-qualified accountants, highly focused on posting correct journal entries and month end reconciliations.
• Responsible for ensuring tight month end timelines met and that the integrity of the general ledger is maintained. Ability to implement and evolve the month end processes is essential;
• Ensure compensation accounting currency exposure is managed, controlled and reported on;
• Manage the monthly reporting of Cost of Capital charges arising from Employee Loans / Advances
• Assist the Compensation Accounting Manager to ensure correct and consistent accounting treatment in place throughout the Group;
• Managing and directing the companies’ external relationships with auditors along with internal relationships e.g. internal audit, compliance, risk, etc. in relation to all compensation accounting related matters.
• Qualified Accountant who has gained experience of the financial services industry in the UK either in a financial services environment or in a big 4 audit firm
• To be a very strong technical accountant with in-depth knowledge of UK GAAP (US GAAP/IFRS also beneficial) and hands on experience of compensation accounting would be beneficial;
• Compensation accounting experience within the financial service industry would be preferred but other sectors may be considered;
• Be self motivated and ambitious with the credibility and gravitas to build long term relationships with all relevant parties, both internally and externally;
• Have excellent organisational skills combined with innovative thinking and a desire to succeed;
• Strong analytical and presentational skills;
• Excellent written and oral communication skills;
• Ability to interact and address professionals at all levels within the organisation;
• Adaptable and flexible, with the ability to organize, prioritize, manage and deliver under tight or conflicting deadlines in a fast-paced and dynamic environment.