What are the responsibilities and job description for the Financial Accounting Manager position at Vaco by Highspring?
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.
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
- Experience with equity compensation plans and bonus structures
- Familiarity with internal controls and audit requirements
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.