North Carolina accountant employment contract template

North Carolina Accountant Employment Contract

This North Carolina Accountant Employment Contract ("Agreement") is made and entered into as of [Date] by and between [Employer Name], a [State] [Entity Type] with its principal place of business at [Employer Address] ("Employer"), and [Employee Name], residing at [Employee Address] ("Employee").

Position and Responsibilities

Option A: Position Title: Accountant

Responsibilities may include, but are not limited to:

• Preparing and analyzing financial statements.
• Managing general ledger entries.
• Processing accounts payable and receivable.
• Reconciling bank statements.
• Supporting periodic audits.
• Payroll administration.
• Budgeting.
• Assisting with tax filings (including federal and North Carolina state returns).
• Ensuring compliance with North Carolina General Statutes and Department of Revenue rules.
• Maintaining accurate financial records per North Carolina Board of CPA Examiners’ standards.
• Adhering to Generally Accepted Accounting Principles (GAAP).

Option B: Position Title: Senior Accountant

Responsibilities may include, but are not limited to:

• Overseeing the preparation and analysis of financial statements.
• Reviewing general ledger entries.
• Managing complex accounting projects.
• Supervising other accounting staff.
• Ensuring compliance with internal controls.
• Developing and implementing accounting policies and procedures.
• Assisting with tax planning and compliance.
• Providing financial analysis and recommendations to management.

Credentials and Professional Conduct

Option A: CPA Licensure Required

Employee must maintain a valid CPA license in North Carolina.

Employee is responsible for meeting all state continuing education requirements.

Employee must adhere to the AICPA Code of Professional Conduct.

Option B: CPA Licensure Preferred

CPA licensure is preferred but not required.

Employee is encouraged to pursue CPA licensure.

Employee must adhere to ethical standards relevant to accounting professionals.

Reporting Structure and Communication

Option A: Reports to CFO

Employee will report directly to the Chief Financial Officer (CFO).

Employee will work closely with other members of the finance team.

Option B: Reports to Controller

Employee will report directly to the Controller.

Employee will collaborate with other departments as needed.

Work Location and Remote Access

Option A: Onsite in North Carolina

Employee's primary work location is [Address], North Carolina.

Option B: Remote Work

Employee may work remotely from a location within North Carolina.

Employee must comply with all data security and privacy policies when accessing financial systems remotely.

Full-Time Employment and Work Hours

Option A: Standard Work Week

Employee is employed full-time and will work approximately [Number] hours per week.

Normal business hours are [Start Time] to [End Time], Monday through Friday.

Option B: Flexible Work Arrangement

Employee is employed full-time and will work approximately [Number] hours per week.

Employee may have a flexible work schedule, subject to Employer approval.

Employee is considered [Exempt/Non-Exempt] under the Fair Labor Standards Act (FLSA).

Overtime, if applicable, will be compensated according to the North Carolina Wage and Hour Act.

Employee will accurately record all hours worked.

Employee is entitled to meal and rest breaks as required by North Carolina law.

Compensation

Option A: Annual Salary

Employee's base annual salary is [Amount], payable [Frequency] in accordance with North Carolina wage payment laws.

Option B: Hourly Rate

Employee's hourly rate is [Amount], payable [Frequency] in accordance with North Carolina wage payment laws.

Employee is [Eligible/Ineligible] for a performance-based bonus. Details of the bonus plan are outlined in [Document Name].

The procedure for review and adjustment of pay will occur [Frequency].

Option C: CPA Exam Fee Reimbursement

The Employer will reimburse the Employee for CPA exam fees upon successful completion of each section, up to a maximum of [Amount].

Benefits

Employer offers a comprehensive benefits package, including:

• Medical, dental, and vision insurance.
• 401(k) or other retirement plan options with [Employer Contribution Details].
• Paid vacation, sick leave, and family and medical leave in accordance with federal FMLA and any North Carolina-specific policies.
• Paid holidays (including [List of Holidays]).
• CPA license fee reimbursement.
• Professional association dues reimbursement.
• Reimbursement for required ethics or continuing education courses.

The Employer reserves the right to amend the benefits package at any time.

Expense Reimbursement

Employee will be reimbursed for reasonable and necessary travel and professional expenses incurred in connection with their employment, subject to Employer's expense reimbursement policy.

All expenses must be documented with receipts and submitted for approval.

Intellectual Property Ownership

All work product, financial analysis, and proprietary accounting tools created by Employee during their employment are the sole property of Employer.

Employee is prohibited from using or disclosing Employer's financial data outside authorized channels.

Confidentiality

Employee agrees to maintain the strict confidentiality of client/customer financial records, internal company financials, trade secrets, and proprietary data.

This obligation survives termination of employment.

This provision is governed by the North Carolina Uniform Trade Secrets Act.

Compliance

Employee agrees to comply with all applicable laws and regulations, including Sarbanes-Oxley (if applicable), company codes of conduct, and state and federal financial reporting laws.

Document Retention and Destruction

Employee will adhere to Employer's document retention and destruction policies, consistent with North Carolina and federal regulatory requirements.

Outside Employment and Conflicts of Interest

Employee agrees not to accept outside employment or consulting that may give rise to conflicts of interest under state accounting industry rules.

Behavioral Standards

Employee will maintain accuracy in record-keeping, comply with internal controls, and report suspected fraud or irregularities as required by North Carolina law.

Non-Competition, Non-Solicitation, and Non-Disclosure (If Applicable)

Option A: With Non-Compete/Solicit

During the term of employment and for a period of [Number] months following termination, Employee will not, directly or indirectly, engage in any business that competes with Employer within a [Geographic Area] radius.

Employee will not solicit Employer's clients or employees during the term of employment and for a period of [Number] months following termination.

This provision is narrowly tailored to protect Employer's legitimate business interests and is enforceable under North Carolina law.

Option B: Without Non-Compete/Solicit

There is no non-competition or non-solicitation agreement in place.

At-Will Employment and Termination

Employee's employment is at-will, meaning that either Employer or Employee may terminate the employment relationship at any time, with or without cause.

Employee will provide [Number] weeks' written notice of resignation.

Employer will provide [Number] weeks' written notice of termination (unless terminated for cause).

Severance pay, if offered, will be determined at Employer's discretion.

Final wage payment will be made in accordance with North Carolina law.

Upon termination, Employee will return all Employer documents, equipment, and property.

Governmental Inquiries and Investigations

Employee will cooperate fully with any governmental or regulatory inquiries and participate in internal/external investigations or audits.

Anti-Discrimination and Harassment

Employer is an equal opportunity employer and prohibits discrimination and harassment based on race, color, religion, sex, national origin, age, disability, genetic information, or any other protected characteristic under North Carolina and federal law.

Employee should report any instances of discrimination or harassment to [Reporting Channel].

Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina.

Any dispute arising out of or relating to this Agreement shall be resolved in the state or federal courts located in [County] County, North Carolina.

Workers' Compensation

Employee is covered by Employer's workers' compensation insurance in accordance with North Carolina statutes.

Professional Liability Insurance

Option A: Employer Provides

Employer maintains errors and omissions (professional liability) insurance coverage for Employee.

Option B: Employee Responsible

Employee is responsible for obtaining and maintaining their own errors and omissions (professional liability) insurance coverage.

Document Retention and Digital Security

Employee will comply with Employer's document retention policies and digital system security obligations for handling sensitive financial data.

Entire Agreement and Amendments

This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous communications and proposals, whether oral or written, relating to the subject matter hereof.

This Agreement may be amended only by a written instrument signed by both parties.

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

[Employer Name]

By: [Name of Authorized Representative]

Title: [Title]

[Employee Name]

[Employee Signature]