Compensation Accounting Specialist
1 week ago
Role Overview
This role is a key position within the Payroll team at TP ICAP, responsible for all aspects of accounting and reporting of compensation components. The successful candidate will work closely with the wider EMEA Finance team to deliver high-quality financial information.
Key Responsibilities
- Account for monthly payroll, taxes, and benefits across EMEA, as well as various types of bonus accruals in accordance with employment contracts.
- Assist business partners in reviewing compensation accruals and action relevant accounting bookings.
- Ensure all processes are fully documented and reviewed.
- Prepare balance sheet reconciliations and ensure reconciliation of all balances back to relevant calculations and records.
- Provide analysis to support cash flow forecasting projections.
- Provide analysis and support schedules for the monthly balance sheet FSR pack.
- Assist in the preparation of annual budgets and forecasts for P&L and BS.
- Assist in the delivery of the annual statutory accounts for the Group and EMEA controlled entities.
- Embed an effective risk and control framework to support processes.
- Responsible for compensation-related queries during the year-end audit process.
- Build and maintain professional relationships with the EMEA Finance Team and other key stakeholders.
- Assist with monthly payroll tasks, including uploading data to Payroll software and running monthly reports.
Requirements and Competences
- Part Qualified Accountant (ACA/ACCA/CIMA) or Accounts Technician qualification.
- Previous experience in a similar environment.
- Experience in delivering new reporting requirements and process change.
- Experience of Oracle Financials and Workday preferred.
- Skilled in Microsoft applications software (Word, Excel (Advanced), PowerPoint, Outlook etc.).
- Understanding of accounting principles, GAAP and IFRS.
- Knowledge of what a good control environment looks like.
Desirable Competences
- Excellent written and oral communication skills at all levels of the organisation.
- Strong personal organisation skills, including multi-tasking, prioritisation and delivery.
- Self-motivated, resilient and goal-orientated – able to take responsibility and ownership.
- Analytical and inquisitive – ability to identify problems, propose remedies and implement solutions.
- Attention to detail – accurate delivery without loss of clarity, timeliness or sight of the bigger picture.
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