Manager Client Funds Accounting - Benefits

Overview

This role oversees client funds accounting and assesses/projecting risk while supporting strategic business initiatives related to client funds accounting.

Job Type: Full-time

Responsibilities

• Work on issues where analysis of situations or data requires in-depth knowledge of organizational objectives.
• Advise the Client Funds Accounting team on measures to take with bank files that prevent reconciliation, while working internally to resolve issues.
• Foster a collaborative, high-performing team environment focused on achieving departmental goals and objectives.
• Make decisions based on experience, anticipating problem situations and proactively reducing liability.
• Collaborate with the Product Team and other internal stakeholders on testing and rollout of new business initiatives.
• Serve as a liaison to Accounting, Tax operations, and Treasury.
• Analyze client balances at a high level to determine risk and potential losses.
• Directly manage, coach, and counsel Client Funds Analysts.
• Review aging items that are outstanding or need escalation to ensure the organization is not at risk.
• Determine whether additional departmental escalation is needed to close out items.
• Identify and project possible risks and define measures to address them.
• Identify opportunities to streamline and improve client funds accounting processes, systems, and procedures.
• Review and approve Daily and Weekly reconciliation for payroll/tax accounts.
• Prepare month-end reconciliations, research financial differences, and support Corporate Accounting.
• Support Audit teams by ensuring timely delivery of documentation requests related to SOX/SOC and other compliance requirements.
• Monitor cash across the total client base to mitigate risk; ensure activity is properly recorded; 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 closely with Banking/Tax Treasury and Finance leadership teams to coordinate and drive enhancements to MasterTax or Web Pay activities as needed.
• Review and approve Client Credits in accordance with company policies.
• Review and approve process documentation.

Requirements

• Bachelor’s degree in Finance or Accounting.
• +5 years’ experience in a payroll service or banking operations strongly desired.
• +3 years’ supervisory experience.
• MasterTax Software experience a plus.
• Proficiency in MS applications including Excel and Access.
• Problem-solving ability.
• Ability to work in a fast-paced environment.
• Excellent team and individual work ethic preferred.
• Excellent communication and problem-solving skills.
• High level of integrity.

Preferred Qualifications

• MasterTax Software experience.

Compensation & Benefits

• Base pay range: $79,100 - $113,000/yr (base pay offered may vary based on job-related knowledge, skills, and experience).
• Eligible for an annual bonus and restricted stock unit grant based on individual performance.
• Full range of benefits.

Location

Fully Remote (U.S. Only):

• Work from home or a 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 may change based on business needs and individual performance, including adjustments to on-site requirements or schedule expectations, as necessary.

Physical Requirements

• Ability to sit for extended periods (typically 7–8 hours a day).
• Ability to operate a computer, use phone systems, and type; ability to use multiple software programs and handle inquiries simultaneously.