Accounting Policy Associate

Posted 2 Days Ago
Be an Early Applicant
New York, NY, USA
Hybrid
Mid level
Financial Services
The Role
Supports Lazard’s global accounting policy function by tracking FASB and SEC developments, assessing their financial statement impact, maintaining accounting policy documentation, assisting with SEC filings, researching transactions, preparing technical accounting materials, coordinating with finance and legal teams, supporting auditor requests, and helping implement new accounting standards.
Summary Generated by Built In

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Lazard’s Corporate functions empower strategic decision-making and ensure continued success of our firm. From Finance & Tax to Information Technology and Human Resources, our colleagues around the globe support our financial advisory and asset management business lines in many ways. By utilizing the latest technology, these integral groups make sure our businesses are compliant, operationally efficient, and profitable.

The Accounting Policy team is responsible for evaluating and implementing accounting standards across Lazard's global operations, including Financial Advisory and Asset Management businesses. This role is an excellent entry point for building technical accounting expertise, gaining exposure to SEC reporting, and learning alongside experienced finance professionals as the firm applies U.S. GAAP and SEC reporting regulations.

We’ll trust you to:

  • Help track new and emerging accounting standards (FASB / SEC regulations) and assist the team in assessing their impact on Lazard's financial statements. 
  • Support the drafting and upkeep of the firm's accounting policy documentation and technical accounting memoranda. 
  • Gather information and prepare materials that support technical accounting guidance to business units, including Financial Advisory, Asset Management, and Corporate. 
  • Assist with preparation tasks related to SEC filings, including Form 10-K, 10-Q, and other public disclosures. 
  • Support the team's analysis of transactions such as revenue recognition, compensation arrangements, and investments. 
  • Coordinate and collaborate with Financial Reporting, Controllership, Tax, Legal, and Treasury teams on accounting matters. 
  • Help compile documentation and schedules requested by external auditors. 
  • Assist with tasks related to the implementation of new accounting standards. 
  • Conduct accounting research and help prepare draft position papers and presentations for review by senior team members. 

You'll need to have: 

  • Working toward or recently qualified CPA a plus. 
  • 2-4 years of relevant experience. 
  • Foundational knowledge of technical accounting, accounting policy, or SEC reporting, typically through prior internships or early-career roles. 
  • Experience or internship at Big Four accounting firm or financial institution a plus. 
  • Familiarity with U.S. GAAP; exposure to SEC reporting requirements a plus.
  • Good analytical, research, and writing skills.
  • Eagerness to learn, attention to detail, and ability to work well across teams. 
     

Representation at Lazard

Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.

Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.

#CORP

#LI-AK1

Skills Required

  • 2-4 years of relevant experience
  • Foundational knowledge of technical accounting, accounting policy, or SEC reporting
  • Familiarity with U.S. GAAP
  • Good analytical, research, and writing skills
  • Ability to work well across teams
  • Working toward or recently qualified CPA
  • Experience or internship at a Big Four accounting firm or financial institution
  • Exposure to SEC reporting requirements
  • Eagerness to learn and attention to detail

Lazard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lazard and has not been reviewed or approved by Lazard.

  • Fair & Transparent Compensation Pay is considered competitive for the industry, with total compensation bolstered by meaningful bonuses in revenue‑generating roles. Feedback suggests many view base pay as fair for the role.
  • Healthcare Strength Medical coverage includes low‑deductible plan options, HSA funding, and coverage for IVF and Lasik. Dental and vision include orthodontia with allowances for eyeglasses or contacts.
  • Parental & Family Support Fully paid parental leave, substantial adoption/surrogacy reimbursement, and fertility and family‑building benefits are offered. Backup care, lactation support, and related programs extend support for parents and caregivers.

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The Company
HQ: New York, NY
4,506 Employees
Year Founded: 1848

What We Do

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow us at @Lazard. Social Media Disclosure: https://www.lazard.com/social-media-disclosure/

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