At a Glance
- Tasks: Manage and analyse complex compensation structures for a leading global advisory firm.
- Company: Join a high-performing finance team in a top advisory firm focused on private capital markets.
- Benefits: Competitive salary, professional development, and exposure to senior leadership.
- Why this job: Make an impact by ensuring accurate compensation accounting and compliance across global operations.
- Qualifications: Qualified accountant with experience in compensation and strong Excel skills.
- Other info: Dynamic role with opportunities for growth in a collaborative environment.
The predicted salary is between 36000 - 60000 £ per year.
Overview
We are seeking a detail-oriented and commercially astute Compensation Accountant to join a high-performing finance team within a leading global advisory firm focused on private capital markets. The successful candidate will be responsible for the accurate accounting, analysis, and reporting of complex compensation structures, including performance-based incentives, deferred compensation schemes, and deal-related bonuses. This is a key role supporting the business’s global operations, with exposure to senior leadership, HR, legal, and tax advisors.
Key Responsibilities
- Compensation & Incentive Accounting: Maintain and update compensation models across jurisdictions, including fixed salary, discretionary bonus, and deal-based incentives.
- Accurately account for and reconcile bonus accruals, partner distributions, and long-term incentive plans (LTIPs).
- Collaborate with HR and legal on the administration of phantom equity, profit interest, or deferred comp arrangements.
- Ensure timely and accurate processing of performance-linked compensation following deal completions or fundraising milestones.
- Prepare monthly and quarterly journals for compensation and related accruals.
- Support annual budgeting and forecasting processes for compensation costs.
- Assist in preparing compensation-related disclosures for audit and financial reporting under UK GAAP / IFRS.
Tax, Payroll & Compliance
- Liaise with global payroll providers to ensure correct processing and tax treatment of compensation across UK, EU, and US jurisdictions.
- Ensure compliance with local employment tax laws and benefit reporting requirements.
- Provide support for annual tax filings and benefit reporting (e.g., P11Ds, PSA).
Business Partnering
- Act as a key liaison between Finance, HR, and Legal to ensure alignment on employment contracts, incentive agreements, and compensation policies.
- Support internal and external audit processes, ensuring robust documentation and controls around compensation-related balances.
Candidate Requirements
- Qualified accountant (ACA / ACCA / CIMA or equivalent).
- Strong experience in compensation, payroll, or reward accounting in a professional services, investment, or advisory firm.
- Familiarity with bonus structures, deferred compensation, or partner profit-sharing schemes.
- Strong Excel skills and attention to detail.
- Excellent communication and stakeholder management skills.
- Experience with multi-currency payroll and global compensation arrangements.
- Exposure to private equity, asset management, or corporate finance environments.
- Working knowledge of UK GAAP / IFRS reporting standards.
- Experience working in a partnership structure or with partner remuneration accounting.
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Compensation Accountant employer: JSS Search
Contact Detail:
JSS Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. Attend industry events or webinars where you can meet potential employers and showcase your skills. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its compensation structures. Be ready to discuss how your experience aligns with their needs, especially around performance-based incentives and compliance. Show them you’re not just a fit on paper!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email reiterating your interest in the role and highlighting a key point from your conversation. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that Compensation Accountant role! We want to see your application directly, and it helps us keep track of all the amazing talent we’re bringing on board.
We think you need these skills to ace Compensation Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compensation Accountant role. Highlight your experience with compensation structures, payroll, and accounting standards like UK GAAP / IFRS. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our finance team. Mention specific experiences that relate to the key responsibilities in the job description, and don’t forget to show your enthusiasm for the role.
Showcase Your Attention to Detail: As a Compensation Accountant, attention to detail is crucial. In your application, provide examples of how you've successfully managed complex compensation models or reconciled accounts accurately. This will help us see your meticulous nature!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at JSS Search
✨Know Your Numbers
As a Compensation Accountant, you'll be dealing with complex compensation structures. Brush up on your knowledge of bonus accruals, LTIPs, and how they relate to UK GAAP / IFRS. Be ready to discuss specific examples from your past experience where you successfully managed these elements.
✨Showcase Your Collaboration Skills
This role requires working closely with HR, legal, and tax advisors. Prepare to share instances where you've effectively partnered with different departments. Highlight your communication skills and how you ensured alignment on compensation policies in previous roles.
✨Excel is Your Best Friend
Strong Excel skills are a must for this position. Before the interview, practice using advanced functions and pivot tables. You might be asked to demonstrate your proficiency, so be prepared to discuss how you've used Excel to analyse compensation data or create models.
✨Understand the Bigger Picture
Familiarise yourself with the private capital markets and how compensation structures fit into the overall business strategy. Be ready to discuss how your role as a Compensation Accountant can impact the firm's success and support its global operations.