Vice President, Compensation Accounting

Posted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office
175K-200K Annually
Senior level
Financial Services
The Role
Oversee accounting, budgeting, forecasting, reporting, and controls for incentive compensation and equity plans. Establish monthly general ledger processes, prepare quarterly footnotes and equity schedules, conduct financial modeling and variance analysis, support audits, and partner with HR, tax, and FP&A. The role will also implement carried interest software, improve procedures, coordinate with JPM Workplace Solutions, and support executive and Board reporting.
Summary Generated by Built In

Job Description

Reporting to the Managing Director, Financial Planning & Analysis, the Compensation Accountant will be responsible for the financial accounting, budgeting, forecasting, and reporting over new and existing compensation plans (e.g., annual discretionary bonus, restricted unit plan, phantom restricted unit plan, carried interest plan, and other incentive plans). This position will also oversee financial accounting of equity purchases and sales under equity purchase programs, and will work closely with the tax and HR teams on tracking relevant data. The role supports the FP&A team during annual budget processes and monthly forecast updates.

Our ideal candidate is independent, motivated, detail‐orientated and able to analyze data and convey conclusions effectively.

Responsibilities

  • Establish monthly accounting processes and procedures for the tracking of incentive compensation and equity plans.  Post all relevant entries to the general ledger.
  • Support activities which provide analysis, financial modeling and internal reporting to support the company’s financial performance.
  • Access appropriate data from new and existing systems and work across departments to complete reports and assignments.
  • Prepare quarterly footnotes and compensation schedules for leadership and Board
  • Participate and support activities related to “what if” scenario and sensitivity analyses for new and existing business functions and product lines.
  • Work seamlessly with HR and FP&A teams to understand financial trends (actuals vs. budget), perform variance analysis and complete other financial reporting projects.
  • Liaise with JPM Workplace Solutions Team
  • Enhance controls and document SOPs around processes
  • Implement carried interest software solution along with HR
  • Assist with quarterly reviews and annual audits around compensation areas.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field; CPA preferred
  • 7+ years of Compensation accounting experience
  • Experience preparing footnotes and equity roll forwards
  • Strong understanding of GAAP and financial controls
  • Proficiency in financial systems (e.g., Microsoft Dynamics, OneStream, DFIN, JPM Workplace Solutions)
  • Demonstrated leadership and team development skills
  • Excellent analytical and communication abilities

Skills

  • Strong critical thinking and professional judgment
  • Process improvement and operational excellence mindset
  • Risk assessment and problem-solving skills
  • Attention to detail
  • Technology and data-driven decision making
  • Excellent analytical, project management, communication, interpersonal and collaboration skills.

Competencies

  • Technical Expertise: Financial reporting, accounting principles, compensation accounting
  • Collaboration: Cross-functional partnership
  • Process Improvement: Efficiency and control enhancements
  • Systems Proficiency: OneStream, Microsoft, JPM Workplace Solution and DFIN
  • Audit & Controls: External audit coordination and internal controls
  • Strategic Thinking: Transformation and planning
  • Communication: Clear stakeholder engagement

The Fine Print

  • Have unrestricted authorization to work in the United States
  • Comply with pre‐employment screening, including but not limited to drug testing, reference verification, and background check
  • Willing to work from the New York office and travel as necessary

Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

#LI-hybrid

A reasonable estimate of the current base salary range at the time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is comprised of several components, including but not limited to applicant's skill, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and the location of the position.

This role is eligible for a discretionary annual bonus (based on company, business unit and individual performance).

Our benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.

Base Salary Range

$175,000 - $200,000

To learn more, visit www.antares.com. Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

Skills Required

  • Bachelor's degree in Accounting, Finance, or a related field
  • CPA certification
  • 7+ years of compensation accounting experience
  • Experience preparing financial statement footnotes and equity roll-forwards
  • Strong understanding of GAAP and financial controls
  • Proficiency with financial systems such as Microsoft Dynamics, OneStream, DFIN, and JPM Workplace Solutions
  • Demonstrated leadership and team development skills
  • Strong analytical, communication, project management, interpersonal, and collaboration skills
  • Unrestricted authorization to work in the United States
  • Willingness to work from the New York office and travel as necessary
  • Successful completion of pre-employment screening, including drug testing, reference verification, and background check
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The Company
HQ: Chicago, IL
441 Employees
Year Founded: 1996

What We Do

With more than $50 billion of capital under management and administration as of December 31, 2021, Antares is a private debt credit manager and a leading provider of financing and investment solutions for middle-market private equity-backed borrowers and investors. Since its founding in 1996, Antares has built one of the industry’s largest and longest-tenured portfolios of middle market companies, and has been recognized by industry organizations as a leading provider of middle market private debt. Through its Asset Management & Funding team, Antares offers investors the opportunity to invest in collateralized loan obligations, funds and separately managed accounts. Antares is committed to championing middle market growth throughout market cycles. Doing so allows its people, partners and communities to achieve their full potential. The company maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto.

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