Manager, Financial Accounting POST NUMBER: 454734

Job Title: Manager, Financial Accounting – Compensation
Location: Hybrid NYC
Compensation: $135,000 – $140,000 base

Company Overview

Our client is a leading global financial services organization with a strong presence across multiple markets. With thousands of employees operating in offices worldwide, the firm connects clients to liquidity, data, and innovative solutions that support informed decision-making.

Role Overview

We are seeking a highly skilled accounting professional to lead the compensation accounting function, one of the most critical expense areas on the firm’s P&L. This high-visibility role offers direct exposure to senior leadership, including the CFO, and requires a mix of technical accounting expertise, strong analytical skills, and team management experience.

The Manager, Financial Accounting will oversee a small team responsible for compensation-related calculations, reconciliations, and reporting. The ideal candidate is detail-oriented, proactive, and capable of working independently while driving process improvements. This is an excellent opportunity for an accounting professional seeking impact and upward career growth in a global financial services environment.

Key Responsibilities

• Supervise and support a compensation accounting team to ensure accurate and timely execution of responsibilities.

• Perform and review monthly compensation and bonus calculations across multiple business divisions.

• Review changes to broker or employee agreements and update compensation accruals accordingly.

• Prepare and distribute commission and bonus calculations to management and business heads.

• Maintain accurate records of equity and deferred compensation plans.

• Partner with Payroll, HR, and Finance to ensure proper communication of deferral amounts and other compensation-related data.

• Review and post journal entries related to payroll, bonuses, benefits, and other employee-related expenses.

• Assist with annual budgeting and forecasting for compensation expenses.

• Partner with internal control teams to strengthen processes and ensure compliance with established policies.

• Support internal and external audits with reconciliations and documentation.

• Lead or contribute to process improvement initiatives to drive efficiency and accuracy.

• Provide ad hoc analysis and reporting to senior management.

Qualifications

Essential

• 4–8 years of progressive accounting experience.

• Minimum of 2 years in a supervisory or team lead role.

• Strong proficiency in Microsoft Excel (pivot tables, VLOOKUP, etc.).

• Detail-oriented with excellent analytical and problem-solving abilities.

• Strong communication skills, both written and verbal.

• Proactive, self-motivated, and able to work independently.

• Skilled at managing multiple priorities and meeting deadlines under pressure.

• Ability to collaborate across departments and influence stakeholders.

Preferred

• Bachelor’s degree in Accounting, Finance, or related field.

• CPA or equivalent professional credential (a plus).