Wisconsin accountant employment contract template

Wisconsin Accountant Employment Contract

This Wisconsin Accountant Employment Contract ("Agreement") is made and entered into as of [Date], by and between [Employer Legal Entity Name], a Wisconsin [Corporation/LLC/etc.] with a principal place of business at [Employer Address], Wisconsin registration number [WI Registration Number] ("Employer"), and [Employee Name], residing at [Employee Address] ("Employee").

1. Position and Job Duties

• Option A: The Employer hereby employs the Employee as a full-time Accountant.
• Option B: The Employer hereby employs the Employee as a full-time Senior Accountant.

The Employee's duties shall include, but not be limited to:

• Managing financial records under US GAAP and Wisconsin-specific accounting requirements.
• Preparing and filing federal and Wisconsin state tax returns.
• Managing payroll and adhering to Wisconsin withholding laws.
• Reconciling company accounts.
• Maintaining ledgers and journals.
• Preparing budgets and variance analysis.
• Creating internal management reports.
• Preparing for and supporting audits.
• Ensuring compliance with Sarbanes-Oxley (if applicable) and state tax/financial regulations.
• Other duties as assigned.

• Option A: Employee will utilize accounting software and systems, including [Software/System 1], [Software/System 2].
• Option B: Employer will provide training to employee on all accounting software and systems.

2. Required Certifications and Professional Development

• Option A: Employee must maintain an active CPA license in the State of Wisconsin.
• Option B: Employee must obtain a CPA license in the State of Wisconsin within [Number] years of employment.
• Option C: Employee must possess certifications such as CPA or CMA.
• Option A: Employer will support CPE (Continuing Professional Education) hours required by the Wisconsin Department of Safety and Professional Services by [Amount/Type of Support].
• Option B: Employer will not support CPE hours.

3. Reporting Relationships and Coordination

• Option A: Employee will report directly to the [Job Title].
• Option B: Employee will report directly to the [Name].

Employee will coordinate with external auditors, tax authorities (including the Wisconsin Department of Revenue), and regulatory agencies.

Employee is expected to collaborate with other departments.

4. Work Location and Arrangement

• Option A: The primary work location is [Work Location Address], Wisconsin.
• Option B: This is a hybrid work arrangement, with required in-office presence for [Specific Events/Days].
• Option C: This is a remote work arrangement.

5. Employment Status, Hours, and Overtime

• Option A: Employee is classified as exempt under the FLSA and Wisconsin wage/hour laws.
• Option B: Employee is classified as non-exempt under the FLSA and Wisconsin wage/hour laws.

Normal working hours are [Start Time] to [End Time], [Days of the Week].

Overtime will be compensated at [Rate] per hour for non-exempt employees, in accordance with Wisconsin law.

Meal and rest breaks will be provided as required by Wisconsin law.

• Option A: Comp time is offered in accordance with public accounting practices.
• Option B: Comp time is not offered.

6. Compensation

• Option A: Employee's base annual salary is [Amount].
• Option B: Employee's hourly wage is [Amount].

Pay Schedule: Payments will be made [Frequency: bi-weekly/monthly], in compliance with Wisconsin requirements.

Overtime pay will be calculated in accordance with Wisconsin and federal law.

• Option A: Employee is eligible for an annual performance-based bonus of up to [Percentage/Amount], based on [Metrics].
• Option B: Employee is not eligible for an annual performance-based bonus.
• Option A: Employee is eligible for a year-end bonus.
• Option B: Employee is not eligible for a year-end bonus.
• Option A: Employee is eligible for profit-sharing.
• Option B: Employee is not eligible for profit-sharing.

7. Benefits

• Health insurance: [Details of plan, compliance with Wisconsin standards]
• Dental insurance: [Details of plan]
• Vision insurance: [Details of plan]
• Retirement plan: [401(k), Wisconsin Deferred Compensation Program, details of employer contribution]
• Paid vacation: [Accrual rate, compliance with Wisconsin law]
• Sick leave: [Accrual rate, compliance with Wisconsin law]
• Family/Medical Leave: Employer will comply with the Wisconsin Family and Medical Leave Act and federal FMLA.
• Holidays: [List of holidays]
• Option A: Professional fee reimbursement for licensing or association dues is available.
• Option B: Professional fee reimbursement for licensing or association dues is not available.
• Option A: CPE/training support will be provided.
• Option B: CPE/training support will not be provided.
• Option A: Parking or transportation benefits will be provided.
• Option B: Parking or transportation benefits will not be provided.
• Option A: Flexible spending account (FSA) or HSA eligibility is offered.
• Option B: Flexible spending account (FSA) or HSA eligibility is not offered.

8. Confidentiality

Employee shall maintain the confidentiality of all financial information, accounting data, tax returns, audit outcomes, and personal client/customer information, as required by state and federal law (including Internal Revenue Code Section 7216 and Wisconsin privacy statutes).

Unauthorized disclosure is strictly prohibited during and after employment.

9. Professional Conduct and Ethics

Employee shall adhere to the AICPA Code of Professional Conduct and any additional rules established by the Wisconsin Institute of CPAs or applicable state boards.

Employee shall disclose any potential conflicts of interest.

Employee shall report any financial or regulatory wrongdoing.

10. Accounting Records and Compliance

Employee is responsible for the maintenance, accurate entry, and timely updating of accounting records in compliance with federal and Wisconsin statutes on record-keeping and destruction protocols.

11. Assignment of Work Product

All work product and intellectual property developed in the course of accounting (e.g., spreadsheets, procedures, controls) are assigned to the Employer, excluding employee's pre-existing materials.

12. Data Handling and Cybersecurity

Employee shall adhere to cybersecurity protocols and policies regarding the handling, storage, and transmission of sensitive accounting data, in line with Wisconsin’s Data Breach Notification Law (Wis. Stat. § 134.98).

13. Outside Employment

Unauthorized outside employment or practice of accounting services to third parties without prior employer approval is prohibited.

14. Employment at Will and Termination

• Option A: Employment is at will, as permitted under Wisconsin law.
• Option B: Employment is subject to just-cause protection as defined by company policy.

Grounds for immediate termination include breach of confidentiality, criminal activity, suspension/loss of CPA license, or gross neglect of accounting duties.

Required notice period: [Number] days written notice by either party.

Severance: [Details of severance pay, if any]

Final pay will be processed in accordance with Wisconsin's timing rules.

Employee shall return all employer property, including access to financial data and software.

Exit procedures for transfer of accounting records shall be followed.

15. Post-Termination Inquiries

Employee shall cooperate with post-termination regulatory or audit inquiries in accordance with state and federal law.

16. Restrictive Covenants

Any non-solicitation or non-compete provisions must comply with Wisconsin’s reasonableness criteria under Wis. Stat. § 103.465.

• Option A: Employee agrees to not solicit any current clients of the employer for a period of [Number] years.
• Option B: Employee agrees to not compete within a [Number] mile radius for a period of [Number] years.

17. Compliance with Wisconsin Laws

Employer shall comply with all applicable Wisconsin labor laws (minimum wage, overtime, anti-retaliation).

Employer's anti-discrimination and anti-harassment policies explicitly reference Wisconsin protected categories.

18. Professional Liability Insurance

• Option A: Employer will provide and maintain professional liability insurance for the employee.
• Option B: Employer will reimburse the employee for professional liability insurance.

19. Governing Law and Dispute Resolution

This Agreement shall be governed by the laws of the State of Wisconsin.

Venue for any disputes shall be within Wisconsin courts.

Dispute resolution process: internal review, mediation, arbitration.

20. Worker's Compensation and Workplace Safety

Employer complies with Wisconsin worker’s compensation insurance requirements and workplace safety standards.

21. Special Local Practices

[Include any language or communication requirements if supporting Wisconsin-based clientele, standards regarding digital record-keeping and data archiving, or other relevant local practices.]

22. Amendments

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 Legal Entity Name]

By: ____________________________

[Employer Representative Name]

Title: [Employer Representative Title]

____________________________

[Employee Name]

Social Security Number (if required by company policy): [Employee SSN]