Company Overview:
They are a world-renowned alternative investment company located in the Greater Boston Area. Their company has experienced extensive growth over the past years and they are looking to add to their staff.
Their employees are considered to be our number one priority and they support flexible hours in the working environment. Their office offers the benefits of free breakfast, an employee restaurant onsite, an employee gym and much more. They present a global influence through their state of the art technology and diverse workforce. As they expand, they are looking to recruit employees who desire to grow and develop within the fast paced entrepreneurial environment.
POSITION DESCRIPTION
The Finance Manager, as a member of the Corporate Finance team, is primarily responsible for the leadership of the Capital Markets Accounts Receivable business function and oversight of Revenue Flows from the Firms’ Capital Markets Business Units. This is a leadership role within Corporate Finance with extensive exposure to Senior members of the Firm’s Credit Finance and several internal facing teams such as FP&A, HR & Compensation, Accounting and Reporting and Accounts Payable. Key responsibilities of this role with direct report to the U.S. Corporate Controller, include, but not limited to the following:
Daily oversight and leadership of all business processes that fall under the Capital Markets Accounts Receivable and Revenue Flows business function including the management of junior team members.
Provide effective coaching & development to junior team members through “real-time” coaching with the right balance of management through effective leadership.
Oversight and management of all daily business processes, for example but not limited to the invoicing of and collection of reimbursements from investment funds within Capital Markets for various revenue streams and expense reimbursements, establishment of accruals for financial reporting requirements, cash application in the general ledger against invoices and aging analysis, reporting and analytics. Oversight of the accuracy and completeness of Revenue Flows from the Firms’ Capital Market Businesses which involves extensive collaboration with the deal teams and finance teams globally.
Oversight and management of several ad-hoc requests, for example, invoicing of and collection of reimbursements from investment funds within Capital Markets for employees that are fund dedicated. Process entails coordination with several internal teams such as Compensation, FP&A and Credit Legal and Finance and execution of various calculations underlying invoiced amounts to the funds. Additionally, the candidate will execute cash flow modeling for Capital Markets from an Advisor perspective.
Oversight and management of key deliverables in support of the financial close process while working closely with the Accounting & Reporting team to ensure a seamless close. This includes but not limited to key account reconciliations at quarter-end and year-end periods, establishment of accruals, reporting of aging and balance summaries to the U.S. Controller and CFO of Credit Finance and review and approval of journal entries and other transactions within the general ledger.
Candidate will lead various cross-team deliverables such as the delivery of key reports on deal costs and assessment of costs that are billable to the funds and to the advisor. This process will entail the approval of certain expense allocations between the advisor and funds.
Individual must possess skills in transformational achievement and driving efficiencies through changes in processes and controls.
Ideal candidate must possess excellent communication skills with the ability to navigate across several internal teams and key internal stakeholders.
Candidate must possess key research skills with the ability to dig into underlying transactional details of high volume and complexity.
QUALIFICATIONS
The ideal candidate will possess the following professional skills and experiences:
5-7 years of relevant experience in a Corporate Finance, Accounting and or Accounts Receivable business functions. Financial services industry experience is beneficial
Open to candidates from Big 4 with CPA license
Bachelors degree in Finance or Accounting with a strong academic background
Strong managerial and coaching & development skills
Strong communication, relationship, and research skills
Solid understanding of internal controls, risks within the business process
Proven track record for transformational thinking and the ability to drive efficiencies
Strong Excel skills; experience with Anaplan and/or Workday a plus