Compensation Accountant

Robert Walters UK; London; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

Join a dynamic financial services firm in London as a Compensation Accountant, where you'll play a pivotal role in managing employee compensation accounting, reporting, and analysis. This position offers a unique opportunity to work closely with HR and Payroll, ensuring accuracy in compensation data while supporting budgeting and forecasting efforts. You'll develop tools to enhance reporting efficiency and collaborate with key stakeholders across the business. Enjoy a hybrid working model that provides flexibility and autonomy, along with a competitive salary and benefits package. If you're detail-oriented and proactive, this role is perfect for you.

Benefits

Hybrid working model

Exposure to senior finance stakeholders

Competitive salary

Benefits package

Qualifications

• Strong foundation in accounting principles is essential.
• Experience in compensation or payroll accounting preferred.

Responsibilities

• Account for all areas of employee compensation including salary and bonuses.
• Prepare monthly compensation journal entries and support audits.

Skills

Excel Skills

Accounting Principles

Communication Skills

Organisational Skills

Problem-Solving Skills

Education

Part-qualified or qualified by experience

Job description

We are looking for a detail-oriented and proactive Compensation Accountant to join a financial services business in London. This role plays a key part in ensuring the accurate accounting, reporting, and analysis of all employee compensation across the business.

Key Responsibilities

1. Account for all areas of employee compensation including base salary, variable pay, bonuses, benefits, and equity-based awards.
2. Prepare monthly compensation journal entries and balance sheet reconciliations.
3. Support the month-end and year-end close process with analysis of compensation accruals and variances.
4. Collaborate with HR and Payroll to validate compensation data and ensure accuracy.
5. Assist in budgeting and forecasting of compensation costs.
6. Ensure compliance with internal controls and support audit requests related to compensation.
7. Help develop tools and processes to improve efficiency and transparency in compensation reporting.
8. Provide ad-hoc reporting and analysis for Finance and other key stakeholders.

Key Requirements

1. Part-qualified or qualified by experience with a strong foundation in accounting principles.
2. Previous experience in compensation or payroll accounting, ideally within financial services or a similar fast-paced environment.
3. Strong Excel skills - confident working with large datasets, formulas, and models.
4. Excellent communication skills - able to clearly explain financial information to both finance and non-finance stakeholders.
5. High attention to detail, with strong organisational and problem-solving abilities.
6. A proactive and collaborative mindset, with a willingness to take ownership and drive continuous improvement.

Why Apply?

1. Work at the heart of a dynamic financial services firm based in London.
2. Exposure to senior finance and business stakeholders.
3. Hybrid working model with flexibility and autonomy.
4. Competitive salary and benefits package.