Manager, Client Funds Accounting

This is a fully remote position, open to applicants in United States.

📋 Description

• Manage all client funds accounts while assessing and projecting associated risks.

• Provide guidance to Client Funds Accounting team members regarding bank files that hinder reconciliation, working internally towards resolution.

• Cultivate a collaborative and high-performing team atmosphere.

• Anticipate potential problems and proactively minimize liability.

• Collaborate with the Product Team and internal stakeholders on the testing and implementation of new business initiatives.

• Act as a liaison between Accounting, Tax Operations, and Treasury.

• Analyze client balances to assess risk and identify potential losses.

• Directly oversee, coach, and mentor Client Funds Analysts.

• Review and escalate aging issues to mitigate organizational risk.

• Identify departmental escalations necessary to resolve outstanding items.

• Recognize and project potential risks while defining mitigation strategies.

• Enhance and refine client funds accounting processes, systems, and procedures.

• Review and authorize daily and weekly payroll/tax account reconciliations.

• Prepare month-end reconciliations, investigate financial discrepancies, and assist Corporate Accounting.

• Support audit teams with SOX/SOC and other compliance documentation requests.

• Monitor cash flow across the entire client base, ensuring all activities are accurately recorded and recommending action plans for cash shortages or surpluses.

• Develop policies and procedures that enhance internal controls and improve efficiency.

• Coordinate enhancements to MasterTax or Web Pay activities with Banking/Tax Treasury and Finance leadership.

• Review and approve Client Credits in accordance with company policies.

• Review and validate process documentation.

⛳️ Requirements

• Bachelor’s degree in Finance or Accounting.

• A minimum of 5 years of experience in payroll services or banking operations is strongly preferred.

• At least 3 years of supervisory experience.

• Experience with MasterTax software is advantageous.

• Proficient in Microsoft applications, including Excel and Access.

• Strong problem-solving skills.

• Capability to thrive in a fast-paced environment.

• Excellent work ethic, both individually and as part of a team.

• Outstanding communication skills.

• High level of integrity.

• Ability to remain seated for extended periods, typically 7–8 hours a day.

• Proficient in operating computer and phone systems, as well as typing.

• Must be available five days a week during designated work hours.

• Must work within the U.S.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability insurance.

• 401(k) match.

• Employee perks supporting employees and their families, as well as financial well-being.

• Opportunities for career development.

• Fully remote work from home or a designated location within the U.S.

• Annual bonus.

• Restricted stock unit grant based on individual performance.