New

Manager, Financial Accounting

Vaco
$135,000.00 - $140,000.00 / yr
United States, New York, New York
Aug 21, 2025
Job Title: Manager, Financial Accounting - Compensation Location: Hybrid NYC Compensation: $135,000 - $140,000 base Company Overview Our client is a leading global financial services organization with a strong presence across multiple markets. With thousands of employees operating in offices worldwide, the firm connects clients to liquidity, data, and innovative solutions that support informed decision-making. Role Overview We are seeking a highly skilled accounting professional to lead the compensation accounting function, one of the most critical expense areas on the firm's P&L. This high-visibility role offers direct exposure to senior leadership, including the CFO, and requires a mix of technical accounting expertise, strong analytical skills, and team management experience. The Manager, Financial Accounting will oversee a small team responsible for compensation-related calculations, reconciliations, and reporting. The ideal candidate is detail-oriented, proactive, and capable of working independently while driving process improvements. This is an excellent opportunity for an accounting professional seeking impact and upward career growth in a global financial services environment. Key Responsibilities Supervise and support a compensation accounting team to ensure accurate and timely execution of responsibilities. Perform and review monthly compensation and bonus calculations across multiple business divisions. Review changes to broker or employee agreements and update compensation accruals accordingly. Prepare and distribute commission and bonus calculations to management and business heads. Maintain accurate records of equity and deferred compensation plans. Partner with Payroll, HR, and Finance to ensure proper communication of deferral amounts and other compensation-related data. Review and post journal entries related to payroll, bonuses, benefits, and other employee-related expenses. Assist with annual budgeting and forecasting for compensation expenses. Partner with internal control teams to strengthen processes and ensure compliance with established policies. Support internal and external audits with reconciliations and documentation. Lead or contribute to process improvement initiatives to drive efficiency and accuracy. Provide ad hoc analysis and reporting to senior management. Qualifications Essential 4-8 years of progressive accounting experience. Minimum of 2 years in a supervisory or team lead role. Strong proficiency in Microsoft Excel (pivot tables, VLOOKUP, etc.). Detail-oriented with excellent analytical and problem-solving abilities. Strong communication skills, both written and verbal. Proactive, self-motivated, and able to work independently. Skilled at managing multiple priorities and meeting deadlines under pressure. Ability to collaborate across departments and influence stakeholders. Preferred Bachelor's degree in Accounting, Finance, or related field. CPA or equivalent professional credential (a plus). 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. EEO Notice 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. Privacy Notice 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. Pay Transparency Notice 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.