What are the responsibilities and job description for the Compensation Accountant position at Guggenheim Investments?
Position Summary
Guggenheim Investments is seeking a motivated and detail-oriented individual to join the Compensation Team. This position is responsible for recording and reconciling compensation related transactions for the firm’s global employee base in accordance with the firm’s policy and accounting controls. This position will be responsible for compensation and benefit related reconciliations including payroll and incentive compensation ensure accurate data flow between systems and support all reporting and audit requirements.
This position reports to the Compensation Reporting Manager and liaises directly with Payroll Human Resources Accounting and auditors. In addition the position is required to maintain confidentiality of highly sensitive information.
This position is based in New York.
Essential Job Functions
• Prepare compensation or benefit related journal entries and accruals• Complete balance sheet and expense account reconciliations• Ensure all components of each payroll are accurately recorded in the financial statements• Identify and communicate key drivers for expense attribution or variance analysis • Analyze new earning or deduction codes across ADP, Workday, payroll providers and financial statements to accurately reflect compensation or benefit related transactions • Document policies and procedures• Facilitate compilation of supporting documentation for audit or regulatory requests• Support special requests and ad-hoc projects including reports and analysis for Senior Leadership
Preferred Qualifications
• ADP and Workday experience preferred• Demonstrated respect for confidentiality and discretion when working with Compensation or HR information • Strong attention to detail, commitment to quality, and problem-solving skills• Excellent oral and written communication skills• Ability to multi-task and be proactive, where possible• Eager to learn, collaborate, and work in a dynamic environment
Basic Qualifications
• Bachelor’s degree in Accounting, Finance, or Business Administration• Minimum 5 years of relevant compensation accounting experience, US and International
Salary Details
Annual base salary between $103,000 and $115,000.
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with expertise in fixed income, equity, and alternative strategies. We focus on the return and risk needs of our diverse client base that includes insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, wealth managers, and high net worth investors.
#Guggenheim Investments is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimInvestments.com and follow us on LinkedIn.
Salary : $103,000 - $115,000
