Senior Compensation Accountant l Multiple Locations

2 days ago

McLean VA United States FTI Consulting, Inc Full time

FTI Consulting is the world’s leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world’s leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy, and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.

At FTI Consulting, you’ll be inspired and empowered to make an impact on headline matters that change history. Working side by side with the world’s leading experts in your field, you’ll be surrounded by an open collaborative culture that embraces diversity, recognition, professional development and most importantly, you.

There’s never been a more exciting time to join FTI Consulting and this is where you will do the most exciting and fulfilling work of your career.

Are you ready to make an impact?

About The Role

The Senior Compensation Accountant will be an integral part of FTI Consulting’s North America Core Accounting Team “NACA”. The NACA team provides accounting support to our client service professionals and Segment Finance leadership in Corporate Finance & Restructuring, Forensic & Litigation Consulting, Technology, Economic Consulting, Strategic Communications segments as well as the corporate accounting team. Accounting professionals within the NACA team are dedicated to working together and delivering exceptional support to the businesses they service while ensuring that compliance and control standards are maintained.

This person will report to the NACA Compensation Manager and interact with segment and corporate finance leadership on compensation related matters.

What You’ll Do

Participate in all compensation related accounting activities, including calculation and recording of multiple variable compensation programs under U.S. GAAP.

Monthly Accounting Close

  • Compensation accounting:
    • Prepare and post monthly bonus accrual journal entries for segments.
    • Month end closing of variable compensation expense ledgers and prepare journal entries.
    • Review payroll GL files and amortize and prepare reclass journal entries according to the bonus terms.
    • Prepare balance sheet account reconciliations for related bonus accounts at month-end.
    • Provide month-over-month fluctuation analyses on the bonus expense accounts.
    • Analyze compensation related reports.
  • Review employment contracts to ensure proper accounting treatment of compensation clauses and prepare the quarterly Employment Contracts Whitepaper memo.
  • Participate in the development and documentation of compensation related policies and procedures.
  • Identify process issues and implement improvements to enhance productivity and efficiency.
  • Support and improve month, quarter, and year-end close processes and reporting.
  • Other special projects and duties as directed by the NACA Compensation Manager.

How You’ll Grow

We are committed to investing and supporting you in your professional development and we have developed a range of programs focused on fostering leadership, growth and development opportunities. We aim to promote continuous learning and individual skills development through on-the-job learning, self-guided professional development courses and certifications. You’ll be assigned a dedicated coach to mentor, guide and support you through regular coaching sessions and serve as an advocate for your professional growth.

As you progress through your career at FTI Consulting, we offer tailored programs for critical professional milestones to ensure you are prepared and empowered to take on your next role.

What You Will Need To Succeed

Basic Qualifications:

  • Bachelor’s Degree in Accounting or related business field
  • 5+ years of post-graduate professional experience in compensation related accounting, reporting, and controls
  • Working knowledge of US GAAP
  • Excellent working knowledge of PC and network environments
  • Intermediate or higher level of Excel
  • Ability to travel to FTI office(s) as needed

Preferred Qualifications:

  • CPA
  • Experience with IBM Cognos TM1 or similar reporting software
  • Proven ability to work as a team member in a fast-paced high-volume environment
  • Experience working with both domestic and international operating units, including foreign currencies preferred

Our Benefits
Our goal is to support the well-being of you and your families—physically, emotionally, and financially. We offer comprehensive benefits such as the following:

  • Competitive total compensation, including bonus earning potential
  • Full package of benefits plans, including medical, dental, and vision coverage along with life and disability insurance
  • Generous paid time off
  • Company matched 401(k) retirement savings plan
  • Potential for flexible work arrangements
  • Generous paid parental leave and flex return support
  • Family care benefits, including back-up child/elder care
  • Employee wellness platform
  • Employee recognition programs
  • Paid time off for volunteering in your community
  • Corporate matching for charitable donations most important to you
  • Make an impact in our communities through company sponsored pro bono work
  • Professional development and certification programs
  • Free in-office snacks and drinks
  • Free smartphone and cellular plan (if applicable)
  • FTI Perks & Discounts at retailers and businesses
  • Upscale offices close to public transportation

About FTI Consulting

FTI Consulting is a global business advisory firm dedicated to helping clients with their most significant opportunities and challenges. With more than 8,000 employees located in 31 countries, our broad and diverse bench of award–winning experts advise their clients when they are facing their most significant opportunities and challenges. At FTI Consulting, we embrace, cultivate and maintain a culture of diversity, inclusion & belonging, which are fundamental components to our core values. FTI Consulting is publicly traded on the New York Stock Exchange and has been named the #1 Professional Services Firm on Forbes List of America’s Best Employers and the best firm to work for by Consulting Magazine.

FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.

Additional Information

  • Job Family/Level: Core Operations Level 2 - Tier 1
  • Exempt or Non-Exempt?: Exempt

Compensation

  • Compensation Disclosure: Actual compensation is determined based on a wide array of relevant factors including market considerations, business needs, and an individual’s location, skills, level of experience, and qualifications.
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