What are the responsibilities and job description for the Compensation Associate position at Arrow Search Partners?
About The Company
Our client is an alternative asset management firm investing in the private equity, credit, and real estate space, with distressed funds expertise. The Compensation Associate will be part of a team that is responsible for accounting, allocating, planning, reporting, and administration of salary, bonus, equity based compensation and other types of remuneration paid to employees of the firm.
Responsibilities
$120,000-$130,000
Our client is an alternative asset management firm investing in the private equity, credit, and real estate space, with distressed funds expertise. The Compensation Associate will be part of a team that is responsible for accounting, allocating, planning, reporting, and administration of salary, bonus, equity based compensation and other types of remuneration paid to employees of the firm.
Responsibilities
- Responsible for recording the majority of monthly compensation entries including payroll, stock amortization, and compensation-based accruals
- Responsible for quarterly equity plan requirements including share deliveries, dividends, and retention
- Assist with employee equity-based compensation queries
- Ensure compensation recorded in the general ledger reconciles and is accurately reflected in the financial statements
- Review, analyze, and assist with quarterly analysis for the earnings release and 10Q/K
- Facilitate compensation related fund reimbursement process including fund invoicing, journal entries and fund inquiry resolution
- Validating financials statement support and compliance with SEC reporting
- Bachelor’s degree in accounting required
- 3-5 years of accounting experience
- CPA preferred
- Strong U.S GAAP and technical accounting knowledge
- Experience with OneStream and PeopleSoft a plus
- Proficiency in Excel required
$120,000-$130,000
Salary : $120,000 - $130,000
