Experienced Staff Accountant

Brown Advisory
Baltimore, MD
Jul 12, 2018
Jul 16, 2018
Full Time
Company Overview Every firm has a culture the values, beliefs, methodology, attitudes and standards that reflect an organization s DNA. But the truly inspiring firms the game-changers, the industry leaders and the disruptors have cultures that propel them to innovate and stand out. At Brown Advisory, we aim to be one of those inspired firms. Over the years, we have purposefully built and nurtured our client-first culture. Brown Advisory is an independent investment management firm that is obsessed with putting clients first not because it s good for business but because we find, and hire, people that truly care about each and every client. We feel privileged to work with such a special group of clients, and find a great deal of satisfaction in not only providing them with the highest level of service, but also first-class performance and strategic advice. Our firm was founded in 1993 as an affiliate of Alex. Brown & Sons, a leading U. S. investment bank, and became independent in 1998. Today, we serve institutional and private clients in 50 states and more than 34 countries and territories from our 8 offices in Austin, Baltimore, Boston, Carolinas, Delaware, London, New York, and Washington, D. C. While every investment firm tries to attract the most qualified professionals, we place a premium on only selecting those individuals who fit our culture and bring sought-after skills to our team. In fact, each of Brown Advisory s 500+ colleagues own equity in the firm. Our ownership structure, collaborative investment process and client-first culture aligns our interests with our clients and results, which also reduces colleague turnover. Job Description Brown Advisory is currently seeking a professional, energetic and detail oriented individual to fill the Staff Accountant Compensation and Financial Reporting position within our Baltimore office location with primary responsibility for the day to day recording and review of financial transactions specific to compensation and equity related accruals and expenses. This individual is responsible for preparing monthly journal entries and account reconciliations, performing variance analysis and preparing monthly internal financial reporting for senior leadership specific to compensation related line items. This position is designed to allow for rewarding career growth and opportunities for advancement within the accounting function of a global independent investment management and strategic advisory firm. We expect the Accountant to: Be thorough and accurate. You will be tasked with ensuring data integrity, identifying and addressing process improvements in our financial operations, and developing solutions. You will have strong organizational skills allowing you to manage multiple priorities while maintaining exceptional attention to detail. Be proactive. You are eager to contribute and learn, ask lots of questions, and provide solutions before we even know there are issues. You are excited about making ongoing process improvements. Be a natural problem-solver. You identify challenges, analyze the root causes, seek to understand rationale behind current processes and only then propose solutions and tools to help staff. Work independently and follow tasks through to completion and meet commitments, proactively seeking guidance as necessary. Be discrete. You should exhibit a high level of professionalism with respect to maintaining confidential information. Have a positive attitude and the desire to provide impeccable support to Brown Advisory team members. You will regularly interact with team members within and outside the accounting team, providing high levels of customer service. You have an ability to communicate directly, concisely and with a balanced tone, on paper and verbally, formally and informally. The ideal candidate must have a strong accounting background and be comfortable and confident with navigating complex equity plans, including LTIPS, RSUs, stock options etc. They must also have outstanding communication and writing skills, be attentive to details, and be able to prioritize and manage multiple tasks simultaneously while working with multiple teams, including local and international teams. The candidate will develop strong working relationships with cross-functional partners and various levels of management The primary duties and responsibilities include but are not limited to: Prepare monthly and quarterly journal entries and account reconciliations specific to various compensation-related activity. Including but not limited to: Accounting for Company equity transactions, including stock-based compensation expense, and ESPP accounting; Accounting for deferred compensation, payroll-related journal entries, monthly incentive accruals, healthcare reserves and other employee-related benefits. Support external reporting needs by preparing the Statement of Shareholders Equity, equity footnote disclosures, and assisting with financial reporting. Calculate basic and diluted earnings-per-share. Perform valuations of employee option grants and employee stock purchase program based on the Black-Scholes model. Prepare monthly and quarterly financial reporting for senior management specific to compensation. Research and document accounting issues (US GAAP and IFRS) that may arise due the release of new authoritative pronouncements, including stock based compensation accounting Assist with year-end financial statement audits and other regulatory examination requests. Liaise with in-house equity, benefits and payroll teams in order to build a solid understanding of key benefit programs including option and equity issuance and nonqualified deferred compensation plans. Perform analysis to determine trends, estimates, and significant changes to general ledger accounts specific to compensation. Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. Maintain working knowledge of new accounting pronouncements affecting equity and compensation. Perform ad hoc projects and accounting analysis. Desired Qualifications Two or more years of accounting or financial industry related experience, public accounting experience a plus. Bachelor s degree required in Accounting, Finance or related course of study. CPA License or candidate preferred but not required. Ability to comprehend, interpret and apply accounting principles. Ability to work in a fast-paced environment and manage well through ambiguity and complexity Detail-oriented self-starter comfortable working independently and managing multiple projects under tight deadlines Strong analytical, problem solving, research, verbal and written communication skills Execution-focused, with the ability to take individual responsibility for delivering quality work in a timely manner Maintains colleague confidence by keeping compensation information confidential. Excellent computer skills, particularly in navigating detailed system-generated source reports, downloading and manipulating data, and Excel. Benefits At Brown Advisory we offer a competitive compensation package, including full benefits. Medical Dental Vision Wellness program participation incentive Financial wellness program Gym membership discounts Fitness event fee reimbursement Corporate gym membership discounts Colleague Assistance Program Telemedicine Program (for those enrolled in Medical) Adoption Benefits Daycare late pick-up fee reimbursement Basic Life & Accidental Death & Dismemberment Insurance Voluntary Life & Accidental Death & Dismemberment Insurance Short Term Disability Paid maternity and paternity leave Group Long Term Disability Personal Excess Liability Pet Insurance Errand-Running and Virtual Concierge Services 401(k) (50% employer match up to IRS limit, 4 year vesting) Brown Advisory is an Equal Employment Opportunity Employer.