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Compensation Accountant

Robert Walters
Posted 9 days ago, valid for 5 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a detail-oriented and proactive Compensation Accountant to join a financial services business in London.
  • The role requires previous experience in compensation or payroll accounting, ideally within a financial services environment, and a strong foundation in accounting principles.
  • Key responsibilities include accounting for employee compensation, preparing monthly journal entries, and supporting the month-end and year-end close process.
  • The position offers a competitive salary, though the specific amount is not mentioned, along with a hybrid working model that provides flexibility and autonomy.
  • Candidates should possess strong Excel skills, excellent communication abilities, and a high attention to detail, with a minimum of part-qualified or qualified by experience.

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

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

Key Requirements

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

Why Apply?

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

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.