Financial Accounting Manager POST NUMBER: 454761

New York, NY
Job Title: Manager, Financial Accounting – Compensation
Location: Hybrid
Compensation: $135,000-140,000 base plus bonus

Overview:
Thriving Financial Services company is looking for an experienced and detail-oriented Manager, Financial Accounting to lead their compensation accounting team. This high-visibility role is critical to managing one of the largest and most scrutinized expense lines on the firm’s P&L. You’ll work closely with the CFO and senior leadership, providing accurate, timely financial insights that support strategic decision-making.
This is a great opportunity for a proactive, results-driven leader with strong technical accounting skills and a proven track record of developing high-performing teams. If you thrive in a fast-paced environment, can manage large datasets with precision, and communicate complex financial data clearly, we want to hear from you.
Key Responsibilities:
  • Lead and manage the compensation accounting team, ensuring accurate execution of all daily functions.
  • Oversee monthly compensation calculations and ensure timely, accurate reporting on the balance sheet and P&L.
  • Monitor and update broker compensation based on contract changes; manage bonus accruals.
  • Collaborate with senior leaders and desk heads to review and distribute commission reports.
  • Maintain and reconcile equity compensation records and deferral bonus plans.
  • Coordinate with Payroll and HR to communicate compensation and bonus information.
  • Prepare journal entries for employee-related expenses including insurance, pension, and bonuses.
  • Lead the compensation budgeting and forecasting process.
  • Review payroll-related balance sheet accounts and monthly equity accruals.
  • Partner with the Controls & Governance team to ensure compliance and mitigate risk.
  • Drive process improvements to increase accuracy and efficiency.
  • Support internal and external audits with relevant documentation and analysis.
  • Deliver ad hoc financial analysis and lead special projects as needed.
What You Bring:
Required:
  • 4–8 years of accounting experience, including 2 years in a supervisory role
  • Bachelor’s degree in Accounting or Finance
  • Strong understanding of compensation accounting and related financial processes
  • Intermediate to advanced Excel skills (e.g., PivotTables, VLOOKUPs)
  • Exceptional attention to detail with strong analytical and problem-solving abilities
  • Excellent communication skills—able to explain financial data clearly to non-finance stakeholders
  • Highly organized, self-motivated, and able to manage multiple priorities under tight deadlines
  • Proven ability to collaborate across teams and engage with senior leadership
Preferred:
  • Experience with equity compensation plans and bonus structures
  • Familiarity with internal controls and audit requirements
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.
Posted 2025-12-21

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