Assistant Manager, Accounting

H.I.G. CapitalCoral Gables, FL
3d

About The Position

H.I.G. Capital is a leading global private equity investment firm with $70 billion of assets under management with a focus on the mid cap segment of the market. The H.I.G. family of funds includes private equity, growth equity, real estate, direct lending, special situation credit, and growth-stage healthcare. We focus on providing capital to businesses with attractive growth potential and align ourselves with committed management teams and entrepreneurs to help grow businesses of significant value. Our team of over 500 investment professionals has substantial operating, consulting, technology, and financial management experience, enabling us to contribute meaningfully to our portfolio companies. H.I.G. is based in Miami, with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco, and affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, and Paris in Europe as well as Bogotá, Rio de Janeiro, and São Paulo in Latin America, Dubai in the Middle East, and Hong Kong in Asia. Role Overview H.I.G. Capital is seeking a highly motivated and experienced Assistant Compensation Manager to join its growing accounting team. This role is a key individual contributor position responsible for the accurate accounting, reconciliation, and reporting of payroll and compensation across H.I.G.’s complex, multi-entity global structure. The Assistant Compensation Manager will serve as a subject-matter expert for compensation-related accounting matters, exercising strong judgment under U.S. GAAP, partnering cross-functionally with HR, FP&A, and external service providers, and owning compensation processes from end to end. While this role does not currently include direct reports, it carries significant ownership, influence, and accountability consistent with a manager-level position.

Requirements

  • Bachelor’s degree in Accounting (required)
  • Active CPA license (required)
  • 5–8+ years of progressive accounting experience; private equity, asset management, or financial services experience strongly preferred
  • Strong technical knowledge of U.S. GAAP, particularly payroll, bonus, equity-based compensation, and benefits accounting
  • Experience in complex, multi-entity and multi-currency environments
  • Demonstrated ability to operate independently in a manager-level individual contributor role
  • Advanced Excel skills; experience with ERP and payroll systems (e.g., NetSuite, Workday, ADP) preferred
  • Strong written and verbal communication skills with finance and non-finance stakeholders
  • Managerial mindset with hands-on execution capability
  • Strong ownership mentality and accountability
  • Excellent analytical skills and attention to detail
  • Effective cross-functional collaboration
  • High integrity and professionalism in handling sensitive compensation data
  • Ability to thrive in a fast-paced private equity environment

Responsibilities

  • Own the end-to-end accounting for payroll, bonuses, equity-based compensation, and benefits across all global entities, ensuring compliance with U.S. GAAP and internal control standards.
  • Prepare, review, and post complex journal entries related to compensation and payroll; maintain detailed supporting schedules and reconciliations.
  • Act as the primary accounting liaison with third-party payroll, equity, and benefits providers to validate data accuracy, resolve discrepancies, and ensure timely processing.
  • Lead the monthly close process for all compensation-related accounts, including variance analysis, accruals, and coordination across entities and platforms.
  • Partner closely with HR and FP&A to ensure alignment between compensation plans, forecasts, accruals, and actual results.
  • Support consolidation and reporting efforts for compensation expenses across multiple legal entities and investment structures.
  • Prepare audit documentation and serve as the primary point of contact for internal and external auditors on compensation-related matters.
  • Identify, design, and implement process improvements, automation opportunities, and enhanced controls related to payroll and compensation accounting.
  • Provide technical guidance on compensation accounting matters and support new initiatives, acquisitions, and system implementations as needed.
  • Handle highly confidential compensation information with professionalism, discretion, and sound judgment.
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