Senior Accountant

4 days ago

Akron, United States Valmark Financial Group Full time

Valmark Financial Group is looking for someone with high attention to details, and strong follow-through skills to join our team as a Senior Accountant.

Join our team

At Valmark, people are the most critical component of our long-term success and fittingly, the number one reason why our employees say they love working here. Employees encourage each other to succeed and have a genuine desire to help our advisors and clients, defining the Golden Rule that is the very essence of our culture. We also invest in our people and challenge them to reach new goals with professional development opportunities, while allowing the flexibility of a work-life balance. Our entrepreneurial spirit fosters new ideas and ways of thinking that makes working here interesting and exciting while our management team is collaborative and transparent with a clear vision for long-term success. These things combined have made Valmark a place to find a rewarding and fulfilling career and earned us the distinction of being a Top Workplace in Northeast Ohio every year since 2020

 

See What Our Employees Say

 

Job Summary

The Senior Accountant is responsible and accountable for supporting the Controller and VP – Accounting & Commissions in various capacities including: month end close, audit support, budgeting, establishment and maintenance of department processes. Additional responsibilities include data analysis, understanding of the BRACS commission system, and general industry knowledge to ensure proper procedures are being followed.

Essential Functions and Responsibilities

  • Assist the Controller with month-end close duties. Ensure all appropriate Journal Entries are posted, review entries as appropriate, and review for accuracy and completeness.
  • Assist with annual audit on balance sheet reconciliations, roll forward schedules, revenue testing, and financial statement drafting.
  • Assist the Controller with operating expense budget. Assist VP – Accounting & Commissions on revenue budget. Assist CFO on staffing budget. Meet with Department heads regarding expense changes expected in each coming year.
  • Compile reporting relating to internal financial statements for management and other internal users. Strong understanding of company cost accounting policies and practices and ability to explain these policies to business line stakeholders.
  • Update department policies and procedures as necessary. Assist with drafting new policies and procedures when new processes are established. Work with Controller and VP – Accounting & Commissions on ensuring department procedures are followed throughout the year.
  • Complete established goals throughout the year to be discussed and agreed upon in advance of each year. These goals will vary in nature but typically are related to process improvement.
  • Future opportunities for staff management. This includes ongoing touch bases, goal setting and quarterly planning, annual reviews, and career path discussions.
  • A working knowledge and understanding of the Commissions system (BRACS) to troubleshoot issues that might arise. This includes analytical work around commission revenue and expense, transaction review as needed to ensure correct processing, and running various reports in the system for review.
  • Understanding of the financial services industry and the various unique business lines including Broker-Dealer, Registered Investment Advisor, and Insurance Agency businesses.
  • Various other duties as assigned.

     

Core Competencies

  • Strong organization skills and attention to detail
  • Excellent written and oral communication skills
  • Ability to work in a fast-paced environment, performing a variety of time-sensitive tasks
  • Ability to identify and solve problems in a timely manner with little oversight
  • Strong Interpersonal skills to interact with the immediate team, various outside parties, and internal stakeholders.

Required Education and Experience

  • Bachelor’s Degree in Accounting
  • Five to Seven Years of Accounting Experience

     

Preferred Education and Experience

  • Financial Services Industry Experience

Physical Demands

This is a largely sedentary role.

Position Type and Expected Hours of Work

Days and typical hours of work are Monday through Friday, 8:30 a.m. to 5:00 p.m. Flexibility in working hours is allowed, but the employee must work 40 hours each week to maintain full-time status.

 

 

Valmark reserves the right to modify, interpret, or apply this job description in any way the Company desires. This job description in no way implies this is an all-inclusive list of responsibilities to be performed by the Employee in this position. This job description is not an employment contract, implied or otherwise. The employment relationship remains “at-will”.

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