Conexess – Conexess Design Skip to main content

Banking- Compensation Accounting Analyst/Associate (New York, NY)

Job Title
Banking- Compensation Accounting Analyst/Associate (New York, NY)
Job ID
New York,  NY
Other Location
Our History:
From our start in 2009, Conexess has established itself in 3 markets, employing nearly 200+ individuals nation-wide. Operating in over 15 states, our client base ranges from Fortune 500/1000 companies, to mid-small range companies. For most of the mid-small range companies, we are exclusively used due to our outstanding staffing track record
Who We Are:
Conexess is a full-service staffing firm offering contract, contract-to hire, and direct placements. We have a wide range of recruiting capabilities extending from help desk technicians to CIOs. We are also capable of offering project based work.
Compensation Accounting is responsible for accounting, reporting and payment of salary, bonus (Cash and Equity), other types of remuneration paid to employees of the firm and tax payments to domestic and international tax authorities.
These responsibilities include the accounting of cash payments and equity awards, projections/budgets, wage and tax reporting of employee share-based compensation and share-based disclosures including basic & diluted share count for the Firm. We work closely with other areas of the firm such as Human Capital Management (HCM), Tax, Treasury, Legal and Corporate Financial Reporting.

  • Calculate monthly accruals for salary, bonus, payroll tax, severance and vacation
  • Calculate monthly accruals for amortization at grant date fair value, mark to market, and employer tax expenses on share-based awards
  • Prepare budgets/projections for salary, bonus, payroll tax, and share-based awards
  • Calculate the tax deduction on delivered share-based awards
  • Prepare share-based disclosures in accordance with ASC-718 and IFRS2
  • Ensure proper Wage & Tax reporting for share-based awards delivered to employees
  • Ensure sound operational controls are maintained and followed in compliance with existing internal/external governance
  • Perform and maintain support documentation in accordance with Sarbanes-Oxley legislation
  • Identify and implement process improvement opportunities
  • Perform testing of system enhancements and liaise with the technology support team
  • Prepare standard management reports for various groups and respond to ad hoc queries
  • Reconcile data between HCM and Compensation Accounting applications
  • Reconcile sub-ledger balances to the general ledger and quarterly balance sheet substantiation

  Basic Qualifications:
  • Bachelor’s Degree in Accounting or Finance
  • 2 Years of general accounting experience (share-based accounting a plus)

Preferred Qualifications:
  • Proficient in Microsoft Excel, Word, Access and Power Point
  • Ability to multi-task and remain flexible to constantly changing priorities
  • Strong organization and analytical skills
  • Extreme attention to details and the ability to follow through
  • Demonstrate ability to develop positive working relationships
  • Strong communication and interpersonal skills
  • Some knowledge in Accounting Standards Codification (ASC) 718 and 260 a plus

Option 1: Create a New Profile