Lead Client Funds Accounting (Tax)

Overview

• Job Type: Full-time
• Work Arrangement: Fully Remote (U.S. Only). Work from home or location of record within the U.S. with no in-office requirements. Must be available five days per week during designated work hours. Work arrangement is subject to change based on business needs and individual performance, which may include adjustments to on-site requirements or schedule expectations, as necessary.

This role is responsible for managing the daily tasks and performance of Client Funds Accounting (CFA) analysts, ensuring the team accurately reconciles all client funds accounts.

Responsibilities

• Manage, review, and approve day-to-day activities of staff, including daily/weekly reconciliation for payroll/tax/benefit accounts
• Manage, mentor, and provide performance evaluation of select staff members
• Provide training to the team for technical and professional development
• Establish weekly assignments to support overall team and organizational success and stimulate individual development
• Make decisions based on experience and ability to anticipate problem situations and proactively reduce liability
• Prepare month-end reconciliations, research financial differences, and support Corporate Accounting
• Collaborate with the Product Team and other internal stakeholders in testing and rollout of new business initiatives
• Monitor cash across the total client base to mitigate risk; ensure activity is properly recorded and recommend mechanisms to address cash shortfalls/excesses with action plans for resolution
• Develop policies and procedures that promote strong internal controls, increase efficiency, and enable rapid scaling
• Work with Banking/Tax Treasury and Finance teams to recommend fixes to MasterTax or Web Pay activities as needed
• Work with the Banking/Tax Treasury team to discuss and resolve exceptions and enhance cross-functional collaboration and reporting
• Recommend and instruct staff to make cash collections as indicated by reports
• Ensure department operating procedures and internal controls are followed
• Drive continued process improvement
• Review and approve process documentation
• Support Client Services inquiries
• Support Audit teams to ensure timely delivery of documentation requests related to SOX/SOC and other compliance requirements
• Review and approve Client Credits in accordance with company policies

Requirements

• Bachelor’s degree in Finance or Accounting
• 5+ years’ experience in a payroll service or banking operations
• 3+ years in service bureau account reconciliations
• Ability to solve problems and work in a fast-paced environment
• Strong communication skills and problem-solving ability
• Proficiency in MS applications, including Excel and Access
• High level of integrity

Preferred Qualifications

• Experience managing and mentoring staff
• MasterTax Software experience
• Strong team and individual work ethic
• Thorough understanding of payroll service bureaus

Physical Requirements

• Ability to sit for extended periods: typically 7–8 hours a day
• Ability to operate computer and phone systems and type, including using multiple software programs and inquiries simultaneously

Compensation & Benefits

• Pay Range: $60,600 - $70,000/yr (base pay may vary based on job-related knowledge, skills, and experience)
• Bonus: Eligible for an annual bonus based on individual performance
• Benefits: Full range of benefits available

Location

• Fully Remote (U.S. Only). Work from home or location of record within the U.S.