posted Apr 05
Compensation Finance - Associate
Job Location: Manhattan, New York
Salary: $110,000 - $125,000 a year
Job Description
• We are seeking a self-starter to join our Compensation Finance Team. This position is based in New York, New York, reporting to the Director of Compensation Finance, and will play an important role in the evolution of the firm’s finance department. The role encompasses all aspects of employee compensation. The Associate will help the Finance and Human Capital teams manage compensation and carried interest programs, including conducting compensation benchmarking, running compensation analysis & reporting, maintaining an audit trail, and facilitating implementation and management of a carried interest tracking system. • Manage Pretium’s deferred carry compensation process • Manage Deloitte’s deferred carry Cascade Suite to ensure employee portal is up to date and accurate. • Responsible for calculating and recording monthly deferred compensation transactions in conformity with accounting standards generally accepted in the U.S. (GAAP) • Responsible for communications with investors regarding their equity holdings, which includes assisting FP&A and the Management Company Accounting team in compiling quarterly reports. • Prepare quarterly cash flow estimates for the CEO’s firm and fund holdings and assist the Tax Director in providing precise tax estimates. • Maintain monthly cash compensation accounting, reporting, and analysis including monitoring budget vs actual. • Work with business partners to ensure headcount and compensation expense is accurately reflected. • Work closely with firm executives including the Chief Financial Officer (CFO), Chief Human Resources Officer (CHRO), and Head of Legal and Compliance (collectively, the Compensation Committee). • Assist in the year-end compensation process
Qualifications
• A minimum of three years of related work experience, ideally within Compensation and/or Management Company Accounting at an investment manager or private equity firm • Bachelor's Degree in Accounting or Finance • CPA certification is a plus • Proficient with Microsoft Excel • Solid analytical, mathematical, and research skills • Excellent communication (written/verbal) and interpersonal skills • Highly organized with a sense of urgency and strong attention to detail
Benefits
• 401(k) plan with an employer match • Employer-paid health, dental, vision and life insurance • 20 annual days of Paid Time Off (PTO) • 11 firm holidays • Hybrid office/work from home arrangement (in office minimum of three days per week) • Annual base salary for the position is expected to be between $110,000 - $125,000. The actual salary will depend on various factors, including but not limited to a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. • Annual year-end bonus eligible

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