We are seeking a highly qualified Accountant to join our Compensation Accounting team. This team is primarily responsible for processing formulaic bonus calculations, ensuring appropriate payment to Investment professionals and maintaining a deferred compensation program at the firm. They interact with various groups within the firm on a regular basis as well as with external parties such as portfolio managers, fund admin, and other service providers. The candidate should bring a strong sense of personal responsibility and ownership of assigned projects and tasks.
What you’ll do
The Compensation Accounting Associate will review and reconcile monthly workbooks between Schonfeld and the administrator for the calculation of portfolio manager performance fees. This person will prepare and distribute monthly performance statements to portfolio managers and create and maintain various workpapers (portfolio manager terms, deferred compensation schedule, etc.). This individual will communicate and process the year-end compensation for all internal portfolio managers. He/She will assist in the configuration of all the key compensation terms for any downstream systems. They will participate in special projects as needed. They will also assist with monitoring and maintaining appropriate financial controls, policies, and procedures to support existing operations and continued growth.
What you’ll bring
What you need:
- A bachelor's degree in Accounting
- Strong working knowledge using Excel (pivot tables, lookup functions, count/ sumifs, index match, etc.)
- 2-4 years of experience in a compensation function preferred
- Excellent communication skills; ability to articulate issues and solutions to different audiences
- Demonstrate sensitivity and judgement in handing confidential information
- Process and detail oriented with a strong work ethic and team focused attitude
- Able to adapt to frequent changes in the business operating environment
- Highly organized and self-motivated
- CPA Preferred
We’d love if you had:
- Working knowledge of Advent Geneva and/or PowerBI
- Mix in public accounting/buy side experience
The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority.
Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions.
At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success. You can learn more about our DEI initiatives here - Belonging @ Schonfeld.
Who we are
Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.
Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.