Jefferies & Company is looking for an experienced accountant to join its Corporate Financial Accounting Department in Los Angeles.
Candidates need three to six years of experience and a CPA is desired. Experience with investment banking or related financial services businesses is preferred.
Company: Jefferies & Company, Inc.
Title: Senior Accountant, Corporate Financial Accounting
Location: Los Angeles, CA
Description: This role will support the corporate controllers team in the financial accounting and reporting for compensation and benefits expense.
Responsibilities: Prepare journal entries related to the commission based sales force and performance based teams; Develop compensation models to compute applicable drivers and rules dictated by complex employment agreements and compensation plans; Prepare actual and forecasted financial reporting packages highlighting revenue and related compensation; Interact and collaborate with multi-functional groups throughout the company, including operating business units, corporate finance, legal, compliance, etc., to accomplish tasks and objectives.
Qualifications/Skills: 3 to 6 years in financial accounting and reporting, CPA designation desired; Investment bank and institutional sales and trading or related financial services industry experience desired; Expertise in gathering, manipulating, analyzing financial and accounting data; Advanced user of Microsoft Excel, Access, and PeopleSoft General Ledger.
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Can a few Enron-sized failures happen already? I can’t be the only one thinking this is the most likely candidate to make change in this bottom-of-the-barrel industry.
Accounting doesn’t need to be cool. It needs to be lucrative. People like money. Money is cool. Money lets you buy cool stuff and do cool things.
This ain’t rocket science.
The only issue is that it is in Big4 Partners’ best interest that salaries stay low.
So until that changes It’s hard to convince the next generation to take a raw deal when they have a choice in the matter.
At large law firms, it is in the partners’ best interest that salaries stay low. And yet their staff make a lot more money than staff at large accounting firms…
I disagree. Firms offer 5, 10 even 15k referral bonuses and people don’t act on it. They offer 10 or 20k more to stay vs. go – and people still leave. They offer the opportunity to make partner and make hundreds of thousands a year – younger people don’t care.
Perhaps, the key point should not be about how exciting accounting could be. There are a plethora of professional fields out there that I could not imagine being “exciting.” Take proctology or podiatry for instance. Yet, we never hear about a shortage of them. There are other factors that make the field worth looking at as a possible vocation.
Urologists make a LOT of money. Go figure!
Granted I only spent 30 seconds Googling this but…
“An entry-level Urologist with under 1 year experience makes about $403,681. With less than 2 years of experience, a mid-level Urologist makes around $407,560.” 😲
Yeah, but you have to get up close and personal with dudes’ dicks all day. As an accountant, we still deal with dicks all day, but at least they are fully dressed.
Aren’t 1st year urologists like 34 years old? Plus they have 8 years of student loans. That a lot of $$, but . . .