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AllianceBernstein Holding LP logo

Vice President, Compensation And Investment Accounting Manager

AllianceBernstein Holding LPNashville, TN

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Job Description

Who You'll Work With:

The primary responsibility of this position is to ensure the timely and accurate accounting and reporting for Employee Compensation & Benefits, Promotion and Servicing and Investment Accounting transaction cycles. The position is also responsible for various other accounting cycles. This position is also responsible for the training and supervision of the related staff.

What You'll Do:

  • Responsible for the oversight of the accounting for Employee Compensation and Benefits, including various employee benefit plans
  • Review of the Deferred Compensation accounting process which includes recording monthly deferred compensation plan amortization and related mark to market, ensuring all distributions are properly reflected on books and records, reconciling all balance sheet accounts and providing monthly variance analysis on income statement accounts.
  • Coordinate monthly incentive compensation posting process with Planning and Analysis.
  • Responsible for the complete accounting life cycle of AllianceBernstein's seed investment program including its derivative hedging program and monthly reporting.
  • Responsible for the accounting of Other Promotion and Servicing section of Income Statement and related balance sheet accounts.
  • Assist the Assistant Controller in the monthly/quarterly internal reporting process by preparing first draft P&L analytical, balance sheet package, business driver analysis, etc.
  • Monitor the preparation of account analysis used to maintain and support Alliance's detailed books and records.
  • Provide support to various groups within Finance such as Financial Planning and Analysis, Tax, Financial Compensation and Financial Reporting.
  • Manage both onshore and offshore staff by providing training and supervision of the accounting staff in this group.
  • Monitor the firms compliance with testing and control documentation requirements of SOX 404 from a Corporate Accounting perspective.
  • Review existing processes and procedures with the objective of proposing and implementing improvements.
  • Assist with any accounting related technical research as required.
  • Responsible for/assist with a variety of special projects as required.
  • Planning, organizational, and problem-solving skills: Ability to quickly understand and manage the use of non-integrated systems. Position requires the ability to plan and implement changes in short time frames. Must have the ability to assess risk and use appropriate judgement to resolve problems quickly.
  • Must have the ability to liaison between business and IT to ensure systems modifications meet the department and organization requirements.
  • The position should be an agent of change, looking to constantly improve the workflow and processes of the team to increase quality and cash flow to the firm.
  • Will need to work with Financial Reporting, Planning and Analysis, Corporate Legal, Financial Compensation and Treasury to reach solutions that benefit the firm.
  • The ability to build an informed and effective team that is committed to department and organization goals.
  • Maintain cooperative relationships with all levels. Understand customer service and be able to work with internal and external clients to meet their needs to resolve revenue related issues.
  • Ability to develop and maintain strong, team-oriented group leveraging skills from all functional areas within the team and take advantage of resources within the firm.

What We're Looking For:

  • Bachelors Degree in Accounting
  • Certified Public Accountant with a Public Accounting background or an MBA a plus
  • Accounting Degree with at least 10 years of experience. Candidate should have strong technical accounting skills and be familiar with current accounting standards as they relate to general accounting and reporting matters. Experience in multi entity accounting and reporting environments is also preferable.
  • Candidates should have superior PC skills and be familiar with the uses and applications of Access and Cognos or similar type applications as an informational and reporting tool.

About AB

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!

All are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB's policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.

Nashville, Tennessee

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