Lead Financial Accountant

2 weeks ago


Wayne, Pennsylvania, United States Vanguard Group Full time
About the Role:

Vanguard presents a remarkable opportunity for a Senior Financial Reporting Specialist within the Corporate Accounting Operations (CAO) division. This position will be integral to the US Revenue Accounting Team, tasked with ensuring that domestic revenue transactions are accurately recorded in compliance with US Accounting Standards, which are essential for external financial regulatory reporting, tax obligations, and internal assessments of business performance.

The US Revenue Accounting Team collaborates closely with various internal stakeholders, including Financial Planning & Analysis, Corporate Financial Reporting, Billing & Receivables, and diverse business units, to gain insights into domestic revenue-generating activities and any new product offerings. The team is accountable for the preparation of precise financial data, month-end closing procedures, robust internal controls, and comprehensive analysis of business outcomes.

Key Responsibilities:
  • Oversee all corporate accounting closing activities for designated functional areas. Prepare monthly general ledger account reconciliations and journal entries while reviewing the team's work for precision and adherence to compliance standards.
  • Manage processes related to the analysis of domestic business operations and obligations to guarantee accurate financial position recording. Assist in the preparation and dissemination of monthly financial results to management.
  • Independently identify issues and lead initiatives to investigate problems, formulate recommendations, resolve complex challenges, and implement necessary changes.
  • Design, propose, and enforce internal control procedures that ensure the accurate recording and reporting of financial positions, thereby preventing significant accounting errors.
  • Compile and generate monthly reports required by senior management and regulatory bodies. Support external auditors during the annual audit process.
  • Mentor and train temporary staff to ensure timely and precise task completion.
  • Engage in special projects and undertake additional responsibilities as assigned.
Qualifications:
  • A minimum of three years of relevant business experience, with a preference for financial accounting experience.
  • A bachelor's degree or an equivalent combination of education and experience, preferably in Finance or Accounting.
  • CPA designation is preferred.
About Vanguard:

At Vanguard, we are committed to transforming the investment landscape. Our approach to investing is grounded in our core values, which guide our mission to provide exceptional service to our clients. We believe in making success accessible to all, and we strive to achieve this through our dedication to integrity and excellence.

Diversity and Inclusion:

Vanguard is deeply committed to fostering a diverse and inclusive workplace. We believe that diverse teams are essential for innovation and collaboration, and we empower our crew to leverage their unique strengths to fulfill Vanguard's core purpose. When every team member feels valued and included, we enhance our ability to serve our clients effectively.

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