Equity Compensation Accountant

Job Title: Equity Compensation Accountant

Job Summary:

We are seeking a highly skilled and detail-oriented Financial Professional with a strong background in equity accounting to join our team. This role is crucial for ensuring the accurate reconciliation of financial accounting data during the migration of customers from their current equity management platform to the Certent Equity Management platform. The ideal candidate will have experience in ASC 718 expense reporting, corporate tax, and disclosure reconciliations as well as ASC 260 diluted EPS reconciliations and will be responsible for developing and delivering comparison reports, analyzing discrepancies, and providing comprehensive reconciliation documentation.

Reconciliation Process Management:

• Develop and deliver reports.
• Analyze comparison reports for data reconciliation to identify root causes of discrepancies between systems and determine possible resolutions.
• Perform accounting reconciliation activities to help customer understand differences, if any, between the Certent’s software’s calculation of expense as compared to the customer’s previous methods of calculation.
• Perform identification of calculation differences in expense amounts between the Certent Platform and customer data.

ASC 718 Expense Reporting Reconciliation:

• Conduct initial ASC 718 expense reporting reconciliation and identify differences in expense.
• Review accounting setup selections on the Certent platform to ensure consistency with customer policies and business requirements.

Corporate Tax Reconciliation:

• Identify calculation differences in tax balances.
• Quantify tax ending balance differences and provide reconciliation documentation.

Disclosure Reconciliation:

• Provide comparative analysis between customer reports and the Certent system for each reconciliation period.
• Identify and document calculation differences in disclosure balances.

Diluted EPS Reconciliation:

• Conduct comparative analysis between customer reports and the Certent system for diluted EPS balances.
• Identify and document calculation differences in diluted EPS balances.
• Develop and deliver new comparison reports for customers, including summary and detailed analysis of differences.
• Analyze comparison reports for each reconciliation cycle to identify root causes of discrepancies and determine possible resolutions.
• Perform accounting reconciliation to help customer understand the differences, if any, between the Certent’s software’s calculation of compensation expense as compared to the customer’s previous method of calculation.
• Perform identification of calculation differences in grant expense amounts between the Certent Platform and customer data.

ASC 718 Expense Reporting Reconciliation:

• Configure ASC 718 setup menu and load fair values per grant.
• Conduct initial ASC 718 expense reporting reconciliation and identify differences in compensation expense.
• Review accounting setup selections on the Certent platform to ensure consistency with customer policies and business requirements.

Corporate Tax Reconciliation:

• Identify calculation differences in deferred tax balances.
• Quantify deferred tax ending balance differences and provide reconciliation documentation.

Disclosure Reconciliation:

• Provide comparative analysis between customer reports and the Certent system for each reconciliation period.
• Identify and document calculation differences in disclosure balances.

Diluted EPS Reconciliation:

• Conduct comparative analysis between customer reports and the Certent system for diluted EPS balances.
• Identify and document calculation differences in diluted EPS balances.

Data Management:

• Load expense override, service period override, forfeiture override, EVF, and EPF files as applicable.

Job Requirements:

Education:

• Bachelor's degree in Accounting, Finance, or a related field. CPA or equivalent certification preferred.

Experience:

• Minimum of 5 years of experience in financial accounting, with a focus on equity management and reconciliation.
• Experience with ASC 718, ASC 260, and corporate tax reconciliations.
• Experience with Certent Equity Management platform or similar systems is highly desirable.

Skills:

• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Proficiency in financial reporting and reconciliation processes.
• Ability to work independently and manage multiple tasks simultaneously.
• Strong communication and interpersonal skills.

Technical Proficiency:

• Advanced proficiency in Microsoft Excel and other financial software.
• Experience with MS Access and SQL
• Familiarity with equity management platforms and financial accounting systems.

Additional Information:

• This position may require occasional travel to customer sites.
• This role involves working closely with cross-functional teams to ensure successful data migration and reconciliation.