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Compensation Accountant

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Role Title: Compensation AccountantRole Type: Contract (6 months)Location: LondonOpportunity Overview: Resource Solutions are a leading global provider of outsourced recruitment and consultancy solution. Resource Solutions supports organisations to build, connect and optimise their workforce to face the challenges of tomorrow!I have a fantastic new opportunity to join my client, a leading investment manager with broad expertise across public and private markets, investing on behalf of savers and investors globally, as a Valuation Analyst.Role Objective: We are looking for a qualified accountant who is committed to learn complex compensation accounting and have exposure to global finance operations. No prior compensation accounting experience is required; however, it will be an advantage.The Group Compensation Accounting team provides accounting services globally for the Groups compensation related costs including the accounting, monitoring, and reporting of most staff cost related items. In particular, the team focuses on variable compensationin the form of bonuses, including the complex accounting of deferred awards. The team works closely with most Finance and Human Resources departments globally to ensure compensation costs are properly recorded within both the internal and external accounts.The role provides broad exposure to a variety of compensation accounting processes and therefore requires a candidate who can work flexibly. The successful candidate will be responsible for providing an efficient, well controlled process, which minimises manualintervention for all aspects of Compensation Accounting.Key Responsibilities: * Monthly processes undertaken by the team including bonus provisions, redundancy accruals, commitment accruals, review of payroll payments, compensation cost review and total compensation ratio calculation.* Accounting for various share and fund award schemes (DAP, EIP, LTIP & SIP), monitoring hedging.* Maintaining the integrity of data within the Group general ledger systems via the monthly balance sheet reconciliation process.* Delivering the annual bonus provisioning process and bonus reconciliations for all employing entities* Identifying and implementing ways in which the numerous processes can be streamlined to minimise manual intervention.* Ensuring risk management via maintenance of documented procedures* Assisting the implementation of consistent global payroll posting processes and maintaining monthlyRequirements/ Qualifications: * Systems literate, particularly of Excel, is essential.* Have minimum 2 years in a professional and corporate environment.* Newly or nearly qualified accountant (up to one year post qualified) with a strong academic background.* Use of Fusion, Blackline, HFM, PBCS and Anaplan an advantage.* Demonstrable curiosity and passion to learn about Asset Management/ Financial Services.Dont hesitate and miss this amazing opportunity! Apply Now!

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