Firm Overview
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 detail-oriented Senior Accountant, Compensation to join our growing accounting team. This role is critical in ensuring the accuracy and integrity of payroll, compensation across our complex multi-entity global structure. The ideal candidate is a proactive self-starter with a strong command of U.S. GAAP, exceptional analytical skills, and the ability to work collaboratively across Finance, HR, and external partners.
This individual will play a key role in reconciling payroll and compensation data from multiple subsidiaries and third-party providers, ensuring timely and accurate reporting of all compensation-related expenses, and maintaining compliance with accounting standards and internal policies.
Key Responsibilities
- Oversee the end-to-end accounting and reconciliation of payroll and benefits across all global subsidiaries, ensuring compliance with U.S. GAAP and internal controls.
- Collaborate closely with third-party payroll and benefits providers to validate accuracy of payroll data, journal entries, and tax reporting.
- Maintain detailed reconciliations of compensation, bonuses, equity awards, carried interest, and benefits-related accounts.
- Partner with HR and FP&A teams to ensure alignment between compensation expense forecasts, accruals, and actual results.
- Drive the monthly close process for all compensation-related accounts, including preparation and review of journal entries, variance analyses, and supporting documentation.
- Assist with consolidation and reporting across multiple entities and investment platforms.
- Prepare audit schedules and liaise with internal and external auditors on compensation-related topics.
- Identify and implement process improvements and automation opportunities to enhance accuracy, efficiency, and internal controls.
- Support ad-hoc financial projects, acquisitions, and system implementations as needed.
Requirements & Qualifications
- Bachelor’s degree in accounting is required; CPA is preferred.
- 5+ years of relevant experience in accounting, with exposure to private equity, asset management, or financial services environments strongly preferred.
- Deep understanding of U.S. GAAP, particularly in areas of payroll, compensation, and equity accounting.
- Experience managing multi-entity and multi-currency accounting environments.
- Proven ability to work effectively with third-party service providers and cross-functional internal teams.
- Advanced proficiency in Excel; experience with ERP systems (e.g., NetSuite, Workday, or similar) preferred.
- Strong written and verbal communication skills, with the ability to present financial information clearly to both finance and non-finance stakeholders.
Core Competencies
- Proactive, results-driven self-starter who thrives in a fast-paced, high-growth environment.
- Strong analytical mindset with exceptional attention to detail.
- Excellent collaboration and communication across Finance, HR, and external partners.
- Deep sense of ownership and commitment to process excellence.
- Integrity, discretion, and professionalism in handling confidential compensation data.
- High degree of initiative, accountability, and ownership; able to work independently with minimal supervision.