Financial Compliance Manager

2 weeks ago


Nashville, Tennessee, United States StaffWorthy Inc. Full time


The Financial Compliance Manager is a crucial position within StaffWorthy Inc., tasked with leading the Compliance Assurance and Reporting Team (CART).

This internal, non-client facing role is essential for ensuring the consistent application of organizational policies and procedures, maintaining financial accuracy across the company, and consistently meeting deadlines.

The Financial Compliance Manager works closely with business management teams to enhance the company's operations, showcasing exceptional organizational skills, initiative, and the capability to manage multiple projects in a fast-paced environment.

Key Responsibilities:

Active Management Team Member:
Contribute to the development and implementation of optimal accounting practices within the organization.

Team Development:
Train and mentor the company's Controllers, including Junior Controllers, Deputy Controllers, and other CART Team Members.

Oversee ongoing educational initiatives to enhance team skills and expertise.

Process Improvement:
Lead the Process Improvement team in crafting and executing new policies and procedures.

Ensure accuracy and compliance with existing policies and procedures.

Collaboration:
Coordinate with Human Resources to maintain the relevance and effectiveness of the company Academy.

Assist in the development of training and education for accounting teams.

Financial Reporting:
Ensure timely issuance of financial reporting packages, adhering to annual, quarterly, and monthly deadlines.

Collaborate with teams on ad hoc financial projects and reporting as required.

Budgeting and Insurance:
Oversee the creation of client budgets and ensure monthly budget-to-actual reporting is provided.

Assist teams with annual insurance renewals to ensure comprehensive coverage and risk mitigation.

Tax and Financial Statements:
Lead the annual financial statement review process to prepare for tax deliverables.

Act as a liaison with the tax manager, providing necessary data for the completion of all tax returns.

Commission Process and Estate Planning:
Oversee the monthly commission process.

Verify that client estate plans are in place and assets are correctly titled.

Risk Management:
Proactively identify and communicate issues and concerns, providing solutions to management.

Assist teams in recognizing risks to the company and implementing mitigation strategies.

Professional Development and Compliance:
Stay informed on industry standards and developments.

Review staff time entries and ensure compliance with relevant systems.

Performance Measurement:
Develop and implement financial and operational metrics to assess performance.

Participate in client transitions in and out of the company as necessary.

Annual Reviews and Training:
Establish SMART goals and participate in annual reviews for direct reports.

Lead company-wide training sessions for major CART deliverables.

Technology and Auditing:
Assist with technology solutions and advancements.

Oversee internal operating controls, processes, and practices.

Plan and conduct operational and financial audits.

Qualifications:
Bachelor's degree in Accounting, Finance, or a related field.

Years of experience in a similar capacity.

CPA or relevant certification preferred.

Skills:
Exceptional organizational and leadership abilities.

Strong communication and interpersonal skills.

Proficient in accounting software and MS Office Suite.

In-depth knowledge of GAAP.

Ability to work effectively in a deadline-driven environment.

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