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.
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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.
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