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We are in search of a Staff Accountant to become a part of our team. This role is based in New York, New York, United States. As a Staff Accountant, you will be involved in various aspects of commission accounting and broker compensation. Your duties will include handling commission calculations, broker payroll, and broker receivables. You will also work closely with different departments within the organization and international accounting teams.
Job Responsibility:
Handle the commission calculations, broker payroll, and broker receivables as part of the broker compensation process
Liaise with various teams, including payroll, corporate accounting, accounts payable, and equity compensation for the weekly payroll
Manage broker profiles, which include updates for new hires, terminations, and amendments
Oversee the validation of broker payment attributes to broker employment agreements and related contracts
Execute reconciliation processes for the weekly payroll file, payout file from payroll, and the accounting ledger to ensure accuracy
Ensure appropriate deduction of broker receivables from commission payments by reconciling broker receivable reports to broker accounts and the accounting ledger
Collaborate with legal, collections, and business operations teams to resolve open receivables and payables for terminated brokers
Prepare the equity quarterly reports for US and International brokers and appraisers
Identify and implement improvements and efficiencies, and support with automation and finance transformation projects
Generate and distribute accurate internal reports to various stakeholders across the organization
Deliver excellent customer service by managing the inbox as well as escalated issues and bringing them to resolution
Uphold a system of effective controls, policies, and procedures over broker compensation activities
Undertake various accounting projects as needed, including GL reconciliations
Work with the internal audit team on establishing and maintaining controls
Coordinate with external auditors regarding the financial audit and group SOX controls testing
Requirements:
solid experience in Bank Reconciliations
Familiarity with General Ledger management
Proficiency in preparing and maintaining Journal Entries