Senior Compensation Accountant
Description
Senior Compensation Accountant
Senior Compensation Accountant (Hybrid- Fairfax, VA)
At Edelman Financial Engines (EFE), we believe everyone deserves to move their financial life forward!
We know that assets have the power to fund goals. Those numbers represent individual lifetimes filled with hard work and dreams for our clients and generations to follow. Our clients trust us to guide them forward with empathy, integrity and invention. We uphold that same standard of respect and commitment for clients and colleagues alike.
Founded on the idea that financial education is a fundamental right for everyone, Edelman Financial Engines continues to grow and challenge the status quo. We’re moving forward, together. If our purpose-driven commitment inspires you, we invite you to consider joining our team.
As a Senior Compensation Accountant on the Corporate Accounting Team, you will play a pivotal role in supporting all aspects of compensation accounting, including payroll, incentive programs, and equity-based compensation. The ideal candidate will have a strong background in accounting principles and experience in compensation analysis, compliance, and reporting.
In addition to an earnest desire to help people, we are looking for the ideal candidate to complement the team’s existing talents. For this Senior Compensation Accounting role, we are seeking a candidate with proven analytical skills to help advance our Compensation Accounting Team. If you have solid accounting skills and the ability to work a part of an effective team, this may be an opportunity for you!
Responsibilities:
- Compensation Accounting: Support the accounting for all compensation-related activities for our 300+ employees paid via revenue share, including bonuses, and equity awards, ensuring accurate financial reporting and compliance with GAAP and relevant regulations.
- Incentive Programs: Provide accounting support for various incentive programs, including monthly accruals in accordance with company policies and accounting standards as well as on-going payments.
- Compliance and Audits: Ensure compliance with federal, state, and local regulations related to compensation and payroll. Assist with internal and external audits, providing necessary documentation and reports.
- Equity Compensation: Support the accounting for stock options and other equity-based compensation, including the calculation of compensation expense and monthly reporting as a back up for current role.
- Payroll Processing: Act as a backup to support the Manager of the bi-weekly payroll process, including monthly journal entries and reconciliations.
Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
- 5+ years of experience in accounting, with a focus on compensation or payroll.
- Strong knowledge of compensation-related regulations and accounting standards (GAAP, ASC 718).
- Proficient in accounting software and ERP systems; advanced Excel skills required.
- Excellent analytical and problem-solving abilities, with a keen attention to detail.
- Strong communication skills, both written and verbal, with the ability to present complex information clearly.
- Proven ability to work independently and as part of a team in a fast-paced environment.
Edelman Financial Engines takes a market-based approach to pay. The expected base salary range for this role nationally is $71,900-95,900. However, final base pay will be carefully determined based on several factors, including responsibilities, job-related skills, relevant experience, geographic location, and market conditions. Additionally, this role may be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans, and 401(k) contributions.
Your recruiter can share more about the specific benefits eligible for this role during the hiring process.
About Edelman Financial Engines
Since 1986, Edelman Financial Engines has been committed to always acting in the best interests of our clients. We were founded on the belief that all investors – not just the wealthy – deserve access to personal, comprehensive financial planning and investment advice. Today, we are America’s top independent financial planning and investment advisory firm, recognized by Barron's1. with 145+ offices2 across the country and entrusted by 1.3 million clients to manage more than $245 billion in assets.3
Our unique approach to serving clients combines our advanced methodology and proprietary technology with the attention of a dedicated personal financial planner. Every client’s situation and goals are unique, and the powerful fusion of high-tech and high touch allows Edelman Financial Engines to deliver the personal plan and financial confidence that everyone deserves.
For more information, please visit EdelmanFinancialEngines.com.
© 2023 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Results are not guaranteed. See EdelmanFinancialEngines.com/patent-information for patent information. AM2789819
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Edelman Financial Engines encourages success based on our individual merits and abilities without regard to race, color, religion, creed, sex, gender identity or expression, sexual orientation, pregnancy; marital, domestic partner or civil union status; national origin, citizenship, ancestry, ethnic heritage, genetic information, age, legally recognized disability, military service or veteran status.
Accommodations are modifications or adjustments to the hiring process that would enable you to fully participate in that process. If you need assistance to accommodate a disability, you may request one at any time by either contacting your recruiter or [email protected].
1 The Barron’s 2023 Top 100 RIA Firms list, an eight-year annual ranking of independent advisory firms, is qualitative and quantitative, including assets managed by the firms, technology spending, staff diversity, succession planning and other metrics. Firms elect to participate but do not pay to be included in the ranking. Investor experience and returns are not considered.
2 Edelman Financial Engines data, as of Dec. 31, 2022.
3 Edelman Financial Engines data, as of Sep. 30, 2023.