Nebraska accountant employment contract template

Nebraska Accountant Employment Contract

This Nebraska Accountant Employment Contract (the "Agreement") is made and entered into as of [Date of Signing] by and between [Employer Name], a company organized under the laws of Nebraska, with a principal place of business at [Employer Address], hereinafter referred to as "Employer," and [Employee Name], residing at [Employee Address], hereinafter referred to as "Employee."

1. Position and Responsibilities

Position: Accountant

Core Duties:

• General ledger management
• Preparation of financial statements
• Accounts payable and receivable processing
• Payroll administration
• Fixed asset management
• Budgeting
• Audit preparation and support
• Bank reconciliations
• Tax filing preparation at the federal and Nebraska state level, ensuring compliance with Nebraska Department of Revenue regulations.
• Assisting with Sarbanes-Oxley or industry-specific compliance.
• Ongoing continuing professional education required for CPA maintenance in Nebraska.

Option A: Additional Duties: [Specify any additional duties]

Option B: Modification of Duties: Employer reserves the right to modify the Employee's duties and responsibilities as needed.

2. Qualifications

Required Qualifications:

• BA/BS in Accounting (or equivalent)
• Nebraska CPA licensure (if necessary for the role)
• [Number] years of experience with Nebraska statutory or regulatory reporting
• Proficiency in relevant accounting software (e.g., QuickBooks, Sage, [List other software])
• Commitment to staying updated on Nebraska tax code changes

Option A: Preferred Qualifications: [List preferred qualifications]

3. Reporting Structure

Direct Supervisor: [Supervisor Name]

Department: [Department Name]

Management and Departmental Meetings: [Frequency, e.g., Weekly, Bi-weekly]

Internal Controls Assessment Requirements: [Specify Requirements]

Cross-Departmental Collaboration Requirements: [Specify Requirements]

4. Work Location and Telework Policy

Primary Work Location: [Employer Address in Nebraska]

Option A: Hybrid Work Arrangement: Employee may work remotely [Number] days per week.

Option B: Remote Work Arrangement: Employee may work remotely full-time, subject to the following conditions: [Specify Conditions]

Telework Policy:

• Company equipment provision: [Specify equipment provided]
• Secure handling of financial records: Employee must adhere to all company policies regarding data security and privacy, including Nebraska-specific data privacy and security rules.
• Employee will maintain a secure workspace free from distractions.

5. Employment Type and Hours

Employment Type: Full-time

Standard Weekly Hours: 40

Workdays: [List days, e.g., Monday - Friday]

Start/End Times: [Specify times, e.g., 8:00 AM - 5:00 PM]

Overtime: Overtime will be calculated and compensated in full compliance with Nebraska labor statutes (per Neb. Rev. Stat. §48-1201 et seq.).

Exempt/Non-Exempt Status: [Exempt or Non-Exempt] under FLSA and Nebraska law.

6. Compensation

Annual Salary/Hourly Rate: [Amount] per [Year/Hour]

Pay Schedule: [Weekly/Bi-weekly/Monthly]

Overtime Eligibility/Payment: As per Nebraska law.

Option A: Incentives for Meeting Deadlines: [Specify Incentives]

Option B: Year-End/Performance-Related Bonus: [Specify Bonus Structure]

Expense Reimbursement: Reimbursement for expenses related to CPA renewal, Nebraska accountancy board fees, professional training, travel for audits, or association memberships relevant to Nebraska accountants (e.g., Nebraska Society of CPAs) will be provided according to company policy.

7. Benefits

Health, Dental, and Vision Insurance

Employer-Provided Life/Disability Coverage: [Specify Coverage Amounts]

401(k) or Other Retirement Plan Options: [Specify Options]

Company-Paid CPA CPE Courses: [Specify Amount or Number of Courses]

Paid Vacation: [Number] days per year, accruing according to company policy and Nebraska law.

Sick Leave: [Number] days per year, accruing according to company policy.

Compliance with Nebraska’s jury duty leave, voting leave, and maternity/paternity or FMLA leave as required.

8. Holidays

Recognized Holidays: Employer recognizes the following holidays: [List Nebraska state public holidays and federal holidays].

Working on Holidays: [Specify Policy on Working Holidays]

9. Ownership of Work Product

Ownership: All financial reports, reconciliations, tax work papers, and other documentation produced in the course of employment are the property of the Employer. This includes physical and digital files, and any Nebraska tax work papers.

10. Confidentiality

Confidentiality Obligations: Employee agrees to maintain the confidentiality of all client, customer, and business data, company financials, Nebraska-specific tax strategy, payroll data, and internal controls processes, and to comply with the Nebraska Uniform Trade Secrets Act.

11. Conflict of Interest

Conflict of Interest: Employee must disclose any potential conflict-of-interest situations, including external tax or audit work, and obtain written approval from the Employer before performing any outside accounting services.

12. Technology Use

Technology Use Standards: Employee must adhere to company standards for secure access to financial software, regular password changes, and the prohibition on removing financial data from Nebraska without authorization. Compliance with all applicable Nebraska data breach notification and privacy statutes is required.

13. Behaviors and Performance Standards

Performance Standards: Employee must adhere to Generally Accepted Accounting Principles (GAAP), demonstrate knowledge of Nebraska-specific tax, city, and municipal finance rules, respond promptly to audit requests, report errors promptly as mandated by local industry norms, and comply with all peer review or quality assurance programs required by the Nebraska Board of Public Accountancy.

Prohibition of Non-Work-Related Use of Accounting Systems

Expectations for Timely Monthly and Quarterly Closings

Participation in Nebraska-Mandated Audit or Continuing Education Programs

14. Termination

Voluntary Resignation: Employee must provide [Number] weeks' written notice.

Employer-Initiated Termination: Employment is at-will and may be terminated by the Employer at any time, with or without cause, subject to applicable Nebraska law.

Final Pay: Final pay will be delivered within 2 weeks in accordance with Neb. Rev. Stat. §48-1230.

Return of Company Property: Employee must return all company property upon termination.

Handover of Pending Financial Work

Option A: Severance: [Specify Severance Terms, including calculation method, payment schedule, and conditional waivers, referencing Nebraska state law requirements]

15. Non-Solicitation and Non-Disclosure

Non-Solicitation: Employee agrees not to solicit Employer's clients or employees for a period of [Number] years following termination of employment, to the maximum extent permitted under Nebraska law.

Non-Disclosure: Employee agrees not to disclose confidential information to any third party, as defined above, to the maximum extent permitted under Nebraska law.

16. Dispute Resolution

Dispute Resolution: Any disputes arising out of or relating to this Agreement will be resolved through good-faith negotiation, followed by mediation and, if required, arbitration/litigation in Nebraska. Nebraska law governs this Agreement. The forum for any disputes will be Omaha, Lincoln, or the Employer's principal business location in Nebraska.

17. Statutory Compliance

Compliance with Nebraska Anti-Discrimination Laws (Nebraska Fair Employment Practice Act), federal EEOC requirements

Commitment to a Workplace Free from Discrimination based on race, color, religion, sex, disability, pregnancy, marital status, age, national origin, or genetic information, including anti-harassment and anti-retaliation clauses.

Compliance with Nebraska requirements for workers’ compensation, occupational safety and health.

Ethics and Fraud Reporting Hotline Information: [Specify Information]

Periodic Background or Credit Checks: Employer may conduct periodic background or credit checks in accordance with Nebraska law.

18. Employee Handbook and Policies

Employee Handbook: The Employee Handbook is incorporated by reference.

Employer Policies: Employee acknowledges and agrees to be bound by all Employer policies, including expense reimbursement, document destruction, cybersecurity, and business continuity plans relevant to Nebraska accountants.

19. General Provisions

All elements of this Agreement are optional or adjustable at the Employer's discretion.

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

____________________________

[Employer Name]

By: ____________________________

[Employer Representative Name]

Title: [Employer Representative Title]

____________________________

[Employee Name]

____________________________

Date

Electronic signature validity is permitted under Nebraska’s Uniform Electronic Transactions Act.