What are the responsibilities and job description for the Supervisor, Compensation Accounting position at Raymond James Financial, Inc.?
Job Summary
Job Summary
Under general direction, uses knowledge and skills obtained through education and experience to analyze contracts and Incentive Compensation Plans to assess and oversee the recording of such transactions in the financial statements of the appropriate subsidiary in accordance with GAAP, and to oversee the preparation of other financial analysis reports and related disclosures presenting compensation balances. Establishes and monitors area workflow to adjust procedures and/or training needs as necessary. Leads defined work or projects of moderate scope and complexity and resolves or recommends solutions to complex problems.
Essential Duties and Responsibilities
Essential Duties and Responsibilities
- Analyzes and reconciles general ledger accounts to ensure proper classification and integrity of information.
- May maintain frequent and regular communication with various business units to discuss any changes in compensation agreements that may impact the financial or regulatory reporting, including disclosure items, for the business unit as required
- Assists staff with resolution of complex business issues
- Prepares monthly status updates and annual department budget for management.
- Analyzes recurring inquiries to identify training needs of associates and directs subsequent training.
- May identifies costs and develops methodology for accurate allocation across the organization
- Oversees preparation of reports for management, including the compensation budget
- Provide information and analysis for the firm’s Board of Directors, Compensation Committee and annual proxy.
- Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities
Knowledge of
- Microsoft Office products sufficient to create/update spreadsheets and documents as well as communicate via e-mail.
- General office practices, procedures and methods.
- General supervisory principles.
Skill in
- Interpersonal communication sufficient to interact with associates at all levels.
- Problem solving sufficient to effectively analyze, research and resolve inquiries in a timely manner.
- Mathematics sufficient to perform basic math functions.
Ability to
- Handle multiple priorities simultaneously.
- Respond quickly and adjust to changing priorities.
- Provide a high level of service to clients, including management.
Educational/Previous Experience Requirements
Education/Previous Experience
- Bachelor’s Degree in Accounting or related field from a four year college or university and three (3) years’ experience in specific area of expertise of assigned work area.
- Supervisory experience beneficial.
- OR ~
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
Licenses/Certifications
- SIE required provided that an exemption or grandfathering cannot be applied
- Series 99, or ability to obtain within 120 days (as required by FINRA)
Travel
Travel Required: No
We expect our associates at all levels to:
- Grow professionally and inspire others to do the same
- Work with and through others to achieve desired outcomes
- Make prompt, pragmatic choices and act with the client in mind
- Take ownership and hold themselves and others accountable for delivering results that matter
- Contribute to the continuous evolution of the firm
