Job Description
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.