Compensation Accountant

About the role

We are seeking an experienced Compensation Accountant to join a growing finance organization. Reporting to the Managing Director, Financial Planning & Analysis, this individual will be responsible for the financial accounting, budgeting, forecasting, and reporting associated with new and existing compensation programs. This is a highly hands‑on “doer” role, directly involved in building processes, performing accounting and analysis, preparing reporting, and partnering across Finance, HR, and Tax. The position supports compensation programs including annual discretionary bonuses, restricted unit plans, phantom restricted unit plans, carried interest plans, and other incentive programs, and oversees the financial accounting for equity purchases and sales.

Responsibilities

• Establish and maintain monthly accounting processes and procedures for incentive compensation and equity plans.
• Prepare and post all relevant compensation‑related entries to the general ledger.
• Perform financial analysis, modeling, and internal reporting to support business and financial performance.
• Gather and analyze data across existing and newly implemented systems while partnering with multiple departments.
• Prepare quarterly footnotes, equity roll‑forwards, and compensation schedules for senior leadership and the Board.
• Perform “what‑if” scenarios and sensitivity analyses related to new and existing business functions, compensation programs, and product lines.
• Partner closely with HR and FP&A to evaluate financial trends, including actual‑versus‑budget performance and variance analysis.
• Support the annual budgeting process and monthly forecast updates.
• Liaise with external equity administration and workplace solutions partners.
• Enhance financial controls and develop and document standard operating procedures.
• Partner with HR on the implementation of a carried interest software solution.
• Assist with quarterly reviews and annual audits related to compensation and equity accounting.
• Identify opportunities to improve processes, controls, reporting, and operational efficiency.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field (CPA preferred).
• 7+ years of compensation accounting experience.
• Experience preparing financial statement footnotes and equity roll‑forwards.
• Strong understanding of GAAP, financial reporting, and internal controls.
• Experience accounting for incentive compensation and equity‑based programs.
• Familiarity with compensation structures such as discretionary bonuses, restricted units, phantom equity, carried interest, or similar incentive plans.
• Strong financial modeling, budgeting, forecasting, and variance‑analysis capabilities.
• Proven ability to partner cross‑functionally with FP&A, HR, Tax, and Accounting.
• Excellent analytical and communication skills.
• Ability to operate independently and take ownership of detailed accounting processes.

Skills

• Technical expertise in financial reporting, GAAP, compensation accounting, and equity accounting.
• Hands‑on execution of detailed accounting and analytical work.
• Critical thinking and professional judgment for complex financial information.
• Process improvement: identifying inefficiencies and strengthening controls.
• Audit & controls: supporting external audits and maintaining effective internal controls.
• Technology & data: comfortable working with financial systems and using data for decision‑making.
• Collaboration across Finance, HR, Tax, and other functions.
• Clear communication of financial information to senior stakeholders.
• High attention to detail with complex compensation and equity data.

Systems & Technical Skills

• Microsoft Dynamics
• OneStream
• DFIN
• JPM Workplace Solutions
• Microsoft Office / Excel
• Compensation or carried‑interest management platforms

Additional Requirements

• Unrestricted authorization to work in the United States.
• Ability to comply with pre‑employment screening requirements, including background checks, reference verification, and drug testing.
• Ability to work in a hybrid office environment and travel as necessary.

Pay

Base salary range: $175,000–$200,000, depending on experience, qualifications, certifications, responsibilities, and other relevant factors.

Discretionary annual bonus typically ranging from 30%–60% of base salary, based on company, business unit, and individual performance.

Benefits

• Medical, dental, and vision coverage
• Employer‑paid short‑ and long‑term disability insurance
• Employer‑paid life insurance
• 401(k) with profit sharing
• Paid time off
• Family and fertility benefits
• Parental leave, including adoption, surrogacy, and foster placement
• Additional voluntary benefits

Schedule

Hybrid work arrangement with Fridays remote; based in New York, NY.