Alaska accountant employment contract template

Alaska Accountant Employment Contract

This Alaska Accountant Employment Contract (the "Agreement") is made and effective as of [Date], by and between [Company Name], a company organized and existing under the laws of Alaska, with its principal place of business at [Company Address] ("Employer"), and [Accountant Name], residing at [Accountant Address] ("Accountant").

Position

Option A: The Employer hereby employs the Accountant as a Full-Time Accountant.

Option B: The Accountant's job title will be [Job Title] within the [Department] Department.

The Accountant will report to [Supervisor Name], whose title is [Supervisor Title].

Job Responsibilities

The Accountant will perform the following duties, in accordance with Generally Accepted Accounting Principles (GAAP) and Alaska statutes:

• Accurate bookkeeping and financial record maintenance.
• Preparation of financial reports compliant with GAAP and Alaska statutes.
• Payroll processing, including calculating wages, withholding taxes, and issuing paychecks.
• Preparation and filing of Alaska corporate tax returns, including state-specific excise and business taxes.
• Compliance with federal and Alaska state tax laws, including AS 43.20 Alaska Net Income Tax Act.
• Alaska sales/use tax registration and reporting for applicable jurisdictions.
• Management and reporting of state unemployment taxes.
• Maintaining records required by the Alaska Wage and Hour Act.
• Audit preparation and assistance for the Alaska Department of Labor and other agencies.
• Maintaining company compliance with the Alaska State Board of Public Accountancy and relevant professional licensing.
• Other duties as assigned by the Employer.

CPA License and Continuing Education

Option A: The Accountant is required to maintain an active Alaska CPA license.

Option B: The Accountant is not required to have an Alaska CPA license.

The Accountant is responsible for completing all required annual/biennial continuing education to maintain professional licensure as required by the State of Alaska.

Software and Systems

The Accountant will be proficient in the following accounting software: [List of Software].

The Accountant will be proficient in the following payroll systems: [List of Payroll Systems].

Familiarity with Alaska-specific software or reporting platforms [List of Software] is required.

Work Location

Option A: The Accountant's primary work location will be on-site at [Workplace Address] in Alaska.

Option B: The Accountant's position allows for remote/hybrid work, subject to Employer approval and compliance with Alaska occupational safety and health standards (AKOSH). Specific arrangements will be outlined in a separate addendum.

The Employer will maintain a safe work environment in compliance with AKOSH regulations.

Work Schedule

The Accountant's work schedule will be [Number] hours per week, typically from [Start Time] to [End Time], Monday through Friday.

The Accountant is expected to adhere to Alaska's legal requirements for full-time employees.

The Employer will maintain accurate records of hours worked as required by the Alaska Wage and Hour Act (Alaska Stat. § 23.10.060 et seq.).

Overtime

Option A: The Accountant is eligible for overtime pay at a rate of one and one-half times their regular rate of pay for hours worked over 8 per day or 40 per week, in accordance with Alaska law.

Option B: The Accountant is exempt from overtime pay due to their position meeting the requirements of [FLSA Exemption/Alaska-Specific White-Collar Exemption]. Detailed job description justifying the exemption is attached as Exhibit A.

All overtime must be pre-approved by the Accountant’s supervisor.

Compensation

Option A: The Accountant's base salary will be [Salary Amount] per year, payable [Pay Frequency].

Option B: The Accountant's hourly rate will be [Hourly Rate] per hour, payable [Pay Frequency].

Payment will be made by [Method of Wage Delivery: Check/Direct Deposit], in accordance with Alaska wage payment statutes.

Option C: The Accountant may be eligible for a performance bonus based on [Bonus Criteria]. Specific bonus terms are detailed in Exhibit B.

Benefits

The Accountant will be eligible for the following benefits, subject to the terms and conditions of the Employer's benefit plans:

• Health insurance, including Alaska-compliant options.
• Dental and vision insurance.
• Life insurance.
• Employer contributions to a retirement plan [Specify Plan: e.g., Simple IRA].
• Paid time off (vacation, sick days, statutory holidays including Alaska’s designated holidays).
• Floating days for personal leave.
• [Specify any state leave entitlements such as Alaska Family Leave Act, maternity/paternity leave, and short/long-term disability].

Professional Development

Option A: The Employer will reimburse the Accountant for reasonable expenses related to professional development, including tuition or license renewal, up to [Amount] per year, subject to prior approval.

Option B: Professional development is optional, and the Employer is not obligated to reimburse expenses.

Continuing education related to maintaining the Alaska CPA license (if applicable) is highly encouraged.

Expense Reimbursement

The Accountant will be reimbursed for reasonable and necessary expenses incurred in the performance of their duties, including travel within Alaska for work-related bookkeeping, audits, or regulatory meetings.

Reimbursement will be based on the Employer's expense reimbursement policy, which aligns with state government rates for mileage or per diem.

Confidentiality

The Accountant agrees to maintain the confidentiality of all financial data, tax records, client information, and sensitive company reports, as required under Alaska statutes and federal financial privacy laws.

This obligation extends both during and after the term of employment.

Data Security

The Accountant will protect electronic records and ensure secure transmission of financial data.

The Accountant will comply with Alaska's data breach notice law (AS 45.48.010) and the Employer's IT security protocols.

Intellectual Property

The Employer retains all intellectual property rights to any financial models or accounting procedures developed by the Accountant during the course of employment.

Outside Work and Conflicts of Interest

The Accountant agrees to disclose any potential conflicts of interest, including financial or familial relationships with company vendors or clients.

Outside work must not interfere with the Accountant's duties to the Employer.

Termination

Option A: This is an at-will employment relationship, and either party may terminate the employment at any time, with or without cause, subject to applicable Alaska law.

Option B: The employee shall provide the employer with a notice of [Number] days prior to the date of the intended resignation.

Upon termination, the Accountant will return all company property and cooperate with the Employer in completing a comprehensive exit interview.

Final wage payment will be made within 3 working days of termination, as required by Alaska statutes.

Compliance with Alaska Human Rights Law

The Employer is an equal opportunity employer and complies with the Alaska Human Rights Law (AS 18.80), prohibiting discrimination based on race, sex, age, religion, national origin, marital status, disability, sexual orientation, veteran status, and genetic information.

The Employer maintains a zero-tolerance policy for harassment.

Workplace Safety and Health

The Employer is committed to providing a safe and healthy work environment in compliance with AKOSH regulations.

The Accountant will participate in required safety trainings.

Record Retention

The Accountant will maintain and destroy financial and employee records in accordance with Alaska statutes and Department of Revenue requirements.

Audit Support

The Accountant will support the Employer's participation in local, state, or federal audits, including those conducted by the Alaska Department of Revenue or IRS.

Non-Compete/Non-Solicitation

Option A: This Agreement does not include a non-compete or non-solicitation clause.

Option B: The Accountant agrees not to compete with the Employer or solicit its clients for a period of [Number] months following termination of employment within [Geographic Area]. This restriction is limited to [Specific Activities].

Dispute Resolution

Any disputes arising out of or relating to this Agreement shall be resolved under Alaska law, first through internal resolution, then voluntary mediation, and finally arbitration in Alaska jurisdiction if necessary.

Workers' Compensation

The Employer maintains worker's compensation insurance coverage as required by Alaska law (AS 23.30).

Amendments

This Agreement may be amended only in writing and signed by both parties.

Entire Agreement

This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral.

It incorporates any Alaska-required disclosures, such as employment-at-will acknowledgments, job description summaries, and pay or benefit notices.

Severability

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Assignment

This Agreement may not be assigned by either party without the written consent of the other party.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

____________________________

[Employer Representative Name]

[Employer Representative Title]

[Company Name]

Date: [Date]

____________________________

[Accountant Name]

Date: [Date]