Financial Compliance Manager

2 weeks ago


West Hollywood, United States Staffworthy Inc Full time
Position Overview:

The Accounting Compliance and Assurance Manager is an essential member of the Compliance Assurance and Reporting Team (CART), responsible for leading a group of controllers to ensure adherence to company policies and procedures.

Company Overview:
Staffworthy Inc is a distinguished business management firm that specializes in delivering comprehensive financial and advisory services tailored for high-net-worth individuals in the sports and entertainment sectors. Our offerings encompass accounting, taxation, tour management, and strategies for wealth preservation. We are dedicated to excellence and cultivate a professional environment focused on exceeding client expectations and supporting their trusted advisors.

Key Responsibilities:
  • Actively participate as a vital member of the management team, contributing to the establishment of best accounting practices.
  • Oversee the training, coaching, and continuous development of company Controllers, including Junior Controllers and Deputy Controllers.
  • Recommend enhancements to align with optimal business practices and company standards.
  • Lead the Process Improvement team to formulate new policies and procedures, ensuring their effective implementation and accuracy.
  • Collaborate with Human Resources to maintain an up-to-date company Academy.
  • Facilitate the development and education of accounting teams through comprehensive training programs.
  • Ensure timely issuance of financial reporting packages by team controllers on an annual, quarterly, or monthly basis.
  • Work collaboratively with teams to initiate ad hoc financial projects and reporting as required.
  • Supervise the preparation of client budgets and ensure that monthly budget-to-actual reports are communicated to clients.
  • Assist teams with annual insurance renewals, ensuring comprehensive coverage and risk management.
  • Manage the annual financial statement review process to prepare for tax deliverables.
  • Act as a liaison with the tax manager to provide necessary data for the completion of all tax returns.
  • Oversee the monthly commission processing.
  • Proactively identify potential issues and concerns, communicating effective solutions to management.
  • Assist teams in verifying that client estate plans are established and assets are correctly titled.
  • Support the review and approval of company-wide 1099 reporting processes.
  • Help establish financial and operational metrics to assess performance.
  • Participate in client transitions in and out of the company as needed.
  • Assist teams in identifying risks to the organization.
  • Stay informed on industry standards and developments.
  • Review various staff time entries in accounting systems.
  • Develop SMART goals and engage in annual performance reviews for direct reports.
  • Lead training sessions for significant CART deliverables, including Annual 1099 Reporting and Shareholder/Payroll.
  • Assist with technological solutions and advancements.
  • Oversee internal operating controls, processes, and practices.
  • Plan and execute operational and financial audits.
  • Ensure all accounting transactions comply with GAAP standards.


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