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Accounting Analyst

Accounting Analyst

The PM Compensation Reporting & Analysis team at Millennium is responsible for all compensation related accounting, reporting and analysis for the firm. This group collaborates with Portfolio Managers, Trading Management, Human Resources, and Legal on the reporting and analysis of compensation agreements. This role is responsible for preparing monthly and year-end payout calculations, reporting, analysis and various ad hoc requests. The role will include work on strategic projects to help increase efficiencies, and cross-functional collaboration with senior management and portfolio managers.

This position demands an analytical approach to problem-solving, as well as outstanding organizational and multi-tasking skills. It requires you have a keen eye for detail and able to deliver in a fast-paced, demanding environment while remaining calm under pressure.

Principal Responsibilities

  • Responsible for reviewing PM contracts and working on all aspects of Portfolio Manager Lifecycle from structuring of agreements, to onboarding, to portfolio manager compensation calculations.

  • Interaction with various other departments including Portfolio Managers, Business Heads, HR, legal, middle office, IT

  • Responsible for preparing month-end closing, reporting, and compensation-related processes

  • Help implement reporting and analysis to senior management that adds value to overall business

  • Ad-hoc projects as needed

Qualifications/Skills Required

  • 2+ years in a Finance or Accounting Role, (e.g. preferably public and/or private accounting background with hedge fund experience in compensation accounting)

  • Bachelor's degree in business administration, accounting, finance, or related field preferred

  • Strong written and verbal communications with the ability to communicate with senior leaders including management and Portfolio Managers

  • Proven ability to contribute in a fast-paced environment with the ability to prioritize tasks and handle time efficiently

  • Excellent attention to detail with a dedication to accuracy, quality, and integrity

  • Good teammate with a strong client service mentality, as well as a willingness to participate and help others

  • Highly analytical with strong problem solving skills and the ability to balance multiple deadlines

  • Strong Excel skills (including v-lookup and pivot tables); experience with Oracle would also be ideal

The estimated base salary range for this position is $70,000 to $160,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

Average salary estimate

$115000 / YEARLY (est.)
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$70000K
$160000K

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What You Should Know About Accounting Analyst, Martin Marietta

Looking to take your career to the next level? Join Millennium as an Accounting Analyst! In this dynamic role on the PM Compensation Reporting & Analysis team, you will play a crucial part in the financial operations of the firm. You will be responsible for everything from preparing monthly and year-end payout calculations to collaborating with various departments such as Portfolio Managers, HR, and Legal on compensation agreements. This isn't just about numbers; it's about working on strategic projects that drive efficiency and help elevate the company's overall performance. If you're someone who thrives in a fast-paced environment and has a keen eye for detail, this might just be the perfect opportunity for you. With a solid foundation in finance or accounting, specifically in compensation accounting, you'll harness your strong analytical skills to contribute to critical reporting and ad hoc requests that provide value to senior management. Your ability to communicate effectively and work well with cross-functional teams will be key, so come ready to showcase your talent! With the potential for a competitive total compensation package, including a base salary and performance bonuses, Millennium is eager to welcome a new Accounting Analyst who brings dedication and exceptional organizational skills to the table.

Frequently Asked Questions (FAQs) for Accounting Analyst Role at Martin Marietta
What are the main responsibilities of an Accounting Analyst at Millennium?

As an Accounting Analyst at Millennium, you will primarily focus on all aspects of compensation-related accounting and analysis. Your responsibilities will include preparing monthly and year-end payout calculations, interacting with various departments to discuss compensation agreements, and assisting in strategic projects aimed at enhancing efficiencies. You'll also be involved in preparing month-end closing reports and analysis that provide important insights to senior management.

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What qualifications are required for the Accounting Analyst position at Millennium?

To be considered for the Accounting Analyst role at Millennium, you should ideally have over 2 years of experience in a finance or accounting role, specifically with a background in compensation accounting. A bachelor's degree in business administration, accounting, or finance is preferred. Strong communication skills, a good understanding of Excel, and the ability to manage multiple deadlines in a fast-paced environment are essential qualifications.

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How does the Accounting Analyst at Millennium collaborate with other departments?

Collaboration is a key aspect of the Accounting Analyst role at Millennium. You'll interact closely with Portfolio Managers, Business Heads, HR, and Legal teams, ensuring that compensation agreements are accurately structured and communicated. This cross-functional collaboration is vital for ensuring a smooth flow of information and the timely execution of month-end and year-end closing processes.

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What kind of work environment can an Accounting Analyst expect at Millennium?

At Millennium, the work environment for an Accounting Analyst is fast-paced and demanding, which offers a stimulating atmosphere if you thrive under pressure. The culture encourages teamwork and collaboration while valuing accuracy and integrity in your work. You'll be part of a motivated team that supports each other in meeting tight deadlines and achieving shared goals.

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What is the salary range for the Accounting Analyst role at Millennium?

The estimated base salary range for the Accounting Analyst position at Millennium is between $70,000 and $160,000, depending on experience and credentials. Beyond the base salary, Millennium offers a total compensation package that includes a discretionary performance bonus and a comprehensive benefits package, making it an attractive opportunity for qualified candidates.

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Common Interview Questions for Accounting Analyst
Can you describe your experience with compensation accounting in previous roles?

In answering this question, highlight specific experiences where you dealt with compensation structures, calculations, or reporting. Discuss any software or tools you used, aiming to illustrate your analytical skills and attention to detail that would be valuable for the Accounting Analyst position at Millennium.

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How do you prioritize tasks in a fast-paced work environment?

When discussing prioritization, consider mentioning techniques such as categorizing tasks based on deadlines or importance, utilizing project management tools, and maintaining clear communication with colleagues to ensure alignment. Demonstrating your ability to manage multiple responsibilities effectively is crucial for the Accounting Analyst role.

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What strategies do you use to ensure accuracy in financial reports?

To ensure accuracy in your reports, discuss methods such as double-checking calculations, seeking feedback from peers, and performing variance analyses. Providing examples of how you've implemented these checks in your previous roles reinforces your commitment to quality and accuracy, which is critical for an Accounting Analyst.

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Describe a time when you had to collaborate with different departments on a project.

Share a specific example that showcases your teamwork skills, focusing on how you effectively communicated and coordinated with other departments to achieve a common goal. This highlights your ability to navigate cross-functional collaboration, a key aspect of the Accounting Analyst role at Millennium.

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What financial reporting tools or software are you familiar with?

Mention any financial reporting tools or accounting software you’ve previously used, such as Oracle, Excel, or specific ERP systems. Emphasizing your proficiency in these tools can demonstrate you’re well-equipped to handle the demands of the Accounting Analyst position at Millennium.

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How do you approach problem-solving in your work?

Discuss your analytical process for tackling issues, such as identifying problems, gathering relevant data, exploring solutions, and implementing changes. Providing an example of a specific challenge you faced can illustrate your problem-solving skills and how they would translate to success as an Accounting Analyst.

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What do you think are the key skills required for the Accounting Analyst role?

Identify skills like analytical thinking, attention to detail, communication, and the ability to work under pressure as crucial for the Accounting Analyst position. Highlighting your awareness of these skills shows that you understand the role's expectations and are prepared to meet them.

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Can you give an example of a successful project you've contributed to?

When sharing this example, aim to outline your contributions clearly, the collaboration involved, and the impact of the project. This will convey your ability to deliver value in the Accounting Analyst role effectively and could spark insightful discussions during your interview.

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How would you handle a tight deadline for financial reporting?

In your response, outline your strategy for managing time effectively under pressure. Discuss how you would prioritize tasks, seek assistance if necessary, and maintain open communication with team members to ensure the deadline is met without compromising quality.

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What motivates you to excel in your accounting career?

Share your passion for accounting and any specific aspects of the field that excite you, such as problem-solving, working with data, or contributing to strategic business decisions. Conveying your motivation can help highlight your fit for the Accounting Analyst position and your potential to bring positive energy to Millennium.

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March 30, 2025

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