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Financial Operations Manager
2 months ago
A prominent financial services organization is seeking a seasoned professional to join their expanding team as a Financial Operations Manager. Reporting directly to the Chief Financial Officer, the Financial Operations Manager will play a pivotal role in supervising and managing the daily accounting operations of the organization.
Key Responsibilities:
The Financial Operations Manager will be tasked with:
- Managing payroll processing and administration, which includes overseeing ADP Workforce Now Time & Attendance, onboarding new employees, conducting payroll audits, and handling payroll tax reporting and reconciliations.
- Ensuring the precise and timely completion of all financial reports and accounting statements.
- Conducting monthly reconciliations and bookkeeping, preparing and submitting wire requests as necessary, and overseeing travel and entertainment expense accounting.
- Actively ensuring the organization complies with regulatory net capital requirements.
- Developing and maintaining robust accounting policies, processes, and systems to guarantee optimal controls for the organization.
- Overseeing the monthly closing of the organization's financial records, the general ledger, and the reporting of financial outcomes.
- Preparing weekly and monthly management reports on financial health, including revenue and expenses, along with financial commentary and recommendations.
- Supervising accounts payable and receivable functions and expense allocations.
- Assisting in managing both new and existing banking relationships and administrative tasks.
- Supporting data collection for all tax filings and annual audit preparations.
- Performing additional duties as required.
- Minimum of 6 years of experience in accounting.
- Bachelor's Degree in a relevant field.
- Experience as a broker-dealer FINOP professional.
- Understanding of financial reporting systems, procedures, and controls.
- Basic knowledge of internal controls.
- Proficiency in QuickBooks or similar accounting software.
- Advanced skills in Microsoft Excel.
- Strong analytical, critical thinking, and problem-solving abilities.
- Excellent interpersonal and communication skills, both written and verbal.
- High attention to detail and exceptional organizational skills.
- CPA certification or completed sections.
- Series 27 license.
- Prior experience in an accounting role within a broker-dealer, clearing firm, or financial services sector.
- Familiarity with Microsoft Dynamics GP.
- Experience in payroll management.
- Proficiency in using ADP Workforce Now.
