Manager - Compensation and Reg W Accounting

Company: CTI Education Group
Location: Tempe
Posted on: February 25, 2021

Job Description:

When you work with the world's most innovative companies, you know you're making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work. They come to SVB for our expertise, deep network and 30+ years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business. Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Job Description - Manager - Compensation and Reg W Accounting (7912) Manager - Compensation and Reg W Accounting - ( 7912 ) Job Description Make Next Happen Now. For more than 35 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Silicon Valley Bank serves innovative companies and their investors around the world, from life science to healthcare, venture capital to private equity, and tech to non-profit. SVB banks half of all venture-backed companies in the U.S. and is-- one of the fastest-growing companies in the world . By providing innovative banking products with an entrepreneurial spirit and supporting community causes that align with its values, SVB fosters innovation all over the globe. SVB currently has an opening for a Manager - Compensation and Reg W Accounting.-- The applicant will be responsible for the month end and quarter end close activities for the Compensation and Benefits area. The applicant will also oversee the RegW cost allocation process. Key responsibilities include the following; review journal entries, accounts reconciliation, prepare board materials, responsible for SOX processes, oversee RegW cost allocation and maintaining strong internal controls in this fast-growing environment.--The essential functions to be performed by the--applicant include but are not limited to the following: --

• Review/prepare journal entries related to Compensation & Benefits. This includes Payroll, cash incentive compensation plans, benefits and shared-based compensation plans
• Prepare presentation deck on incentive compensation plans for Board members
• Prepare various schedules for Tax and SEC reporting for use in 10K/Q filing
• Partner with Payroll to ensure all suspense/cash reconciling items are cleared in timely manner. Provide Accounting guidance for new payroll items
• Prepare/review financial statement variance analysis for Compensation & Benefits
• Develop and maintain internal control procedures and document the Compensation and Benefit related process/controls
• Review balance and high-risk P&L account reconciliations
• Main point of contact in Accounting for all RegW related matters-Partner with Compliance/Legal/FP&A to improve/implement new process to ensure compliance with RegW regulation
• Oversee the semi-annual RegW survey process
• Review journal entries/reconciliation related to RegW cost allocation
• Continually enhance and improve procedures in the RegW cost allocation and the close process.
• Participation in Regulation W governance and other meetings with Compliance/Legal and other business and providing input in making critical decisions
• Create and maintain an inventory of Regulation W regulatory transactions, as well as procedure documentation for RegW allocations
• Work with Compliance/Legal/Internal Audit to resolve internal/regulator audit observations
• Prepare/review PBCs items for internal / external audit.
• Participate in special projects related to different areas of accounting. Perform other specific duties and responsibilities as required or assigned by the Controllership team.-- Qualifications
  • Minimum of--6+ years' experience in accounting. Must have completed a full year close cycle with corporate consolidation experiences. Public accounting experience is preferred but not required. Internal control experience is required.
  • Strong knowledge of U.S. GAAP
  • Knowledge of RegW and/or cost allocation processes strongly preferred
  • Multi-national legal entity consolidation experience strongly preferred.
  • Must be proficient in Excel, PowerPoint and Word
  • Must be a team player with strong work ethic, good analytical skills, and professional skepticism
  • Great verbal and written communication skills as well as possess the ability to think critically and efficiently.
  • A highly organized individual who is disciplined in the oversight of details
  • Able to work effectively with other functional teams outside of Accounting Primary Location : Tempe Other Locations : Salt Lake City Work Locations : Hayden Ferry Hayden Ferry Lakeside I 80 E Rio Salado Parkway, Suite 600 Tempe 85281 Job : Finance & Accounting Full-time Job Posting n For more than 30 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group serves companies in technology-related, life science and healthcare, venture capital and private equity, and premium wine industries. Along with commercial, investment, international and private banking services provided by Silicon Valley Bank, the company offers funds management, business valuation services, broker-dealer transactions, asset management and private wealth management. Headquartered in Santa Clara, Calif., SVB Financial Group operates in centers of innovation in the U.S. and around the world. Learn more at www.svb.com. SVB Financial Group is an equal opportunity employer.At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply-- 2019 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
    • Terms of Use
    • Privacy Policy
    • Mortgage Payment
    • Corporate Governance
    • Equal Credit Opportunity Act Disclosures

Keywords: CTI Education Group, Tempe , Manager - Compensation and Reg W Accounting, Executive , Tempe, Arizona