Manager, Compensation Accounting
Kilroy Realty Corporation, Los Angeles, CA, United States
About Kilroy Realty, L.P.
- Kilroy (NYSE: KRC) is a leading U.S. landlord and developer with over 17 million square feet of primarily office and life science space with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle, and Austin, Texas.
- As pioneers and innovators in the creation of a more sustainable real estate industry, our approach to modern business environments helps drive creativity and productivity for some of the world’s leading technology, entertainment, life science and business services companies.
- A big part of the company’s foundation is its commitment to enhancing employee growth, satisfaction and wellness while maintaining a diverse and thriving culture. For the third year in a row, the company has been named to Bloomberg’s Gender Equality Index – recognizing companies committed to supporting gender equality through policy development, representation, and transparency.
- We hope you’ll decide to join us!
About the Opportunity:
This position will be employed by Kilroy Realty, L.P. and entails the responsibility of the operations and administrative support for Compensation Accounting and Analysis team. This position reports to the Director, Compensation Accounting and Analysis.
Opportunity Requirements:
- Bachelor’s degree in Accounting and/or Finance.
- 3+ years of compensation-related experience.
- Prior compensation/stock and deferred compensation experience preferred.
- Previous experience with 409A, corporate tables, Yardi, UKG preferred.
- Superior analytical and Excel skills, with the ability to perform complicated financial analysis relating to both cash and equity-based compensation programs and structures.
- Previous experience with administering and accounting for both equity and cash deferred compensation plans preferred.
- Previous experience drafting annual Proxy and Form 10-Q/10-K compensation disclosures preferred.
- Previous experience with online cash and equity compensation administration platforms a plus.
- Articulate, decisive communicator who thrives in a collaborative environment and communicates clearly and concisely with a wide spectrum of individuals in both verbal and written form.
- High attention to detail and a strong work ethic.
- Strong organizational and interpersonal skills.
- Impeccable integrity, discretion, proper judgment and excellent reputation.
Summary of Responsibilities
An essential function of this position is regular and predictable attendance. The core responsibilities of this position include, but are not limited to the following:
- Responsible for oversight of company compensation programs administration and reporting, including equity based and deferred compensation programs. Specific areas of accountability include:
- Responsible for working with 3rd party service providers to maintain the accuracy of the databases for both equity-based compensation awards and deferred compensation; assist with calculations and transmission of data to 3rd party systems for all new equity awards, dividends, vesting’s and distributions.
- Ensuring compensation, including annual cash incentive and equity-based compensation, is recorded in accordance with GAAP and the Company’s accounting policies.
- Overseeing and performing key control activities around compensation to ensure they are performed timely and in accordance the Company’s documented policies and procedures.
- Overseeing the compensation budgeting and forecasting process working directly with Payroll and Human Resource teams; responsible for reviewing budget to actual variance analysis and providing executive level summaries of the same.
- Drafting and reviewing compensation related disclosures in annual Proxy statement.
- Drafting and reviewing compensation related disclosures in Forms 10-Q/10-K.
- Assisting with oversight of 401k Plan including overseeing the annual audit and Form 5500 filing process.
- Collaborating with HR, Legal and Accounting team in implementing compensation programs, policies and practices.
- Assisting CAO & VP, Corporate Counsel in providing compensation related data or presentation materials to the company’s compensation consultant and/or Compensation Committee of the Board.
- Working closely with CAO, CFO and other senior executives assisting with the year-end annual compensation review process including compiling and analyzing merit increase, cash bonus and equity award recommendations.
- Working closely with CAO to prepare ad hoc analyses for CFO and CEO relating to cost and other considerations for proposed compensation structures.
- Working closely with the accounting team to research and analyze compensation structures to determine appropriate accounting treatment and draft position papers documenting the Company’s technical accounting conclusions for compensation transactions.
- Working closely with VP of Taxes to ensure tax calculations are prepared, reviewed, processed timely and provided to payroll for equity-based compensation awards.
- Assisting the EVP, CAO & VP of HR in compiling date to participate in market surveys.
- Assisting in annual performance and compensation cycle.
- Other duties as assigned.
What we offer:
At Kilroy, base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within the role. The base pay range for this role is between $135,000 - $145,000, and your base pay will depend on your skills, experience and training, knowledge, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. This role is eligible for an annual discretionary bonus as well.
Our comprehensive group health benefits program is built around your total health and provides employees and their families with care and coverage designed to help you thrive. Our health and wellness program offerings include medical, dental, vision, with FSA, HSA options, Group Life & Disability, LTD coverage and much more. Ancillary programs include a retirement savings plan with a competitive employer match, employee support programs like our parental leave coaching program, wellness, and commuter benefits, just to name a few. We invite you to visit our website at www.kilroyrealty.com to learn more.
EEO/AA/M/F/Vet/Disability Employer.