Want a meaningful career where you can make a difference? Edward Jones sounds perfect for you.
Collaboration. Autonomy. Opportunity. Words our headquarters associates use when talking about working at Edward Jones. Words that describe what it's like being part of a firm where everyone is aligned toward a singular focus: serving the client. And everyone is working to make the firm better together - as they grow as individuals. If these words resonate with you, we should talk. **
Job Overview**
Position Schedule: Full-Time
Branch Compensation is responsible for the timely & accurate payment of all elements of Financial Advisor Compensation including Commissions, New FA Compensation, Trimester Bonus, Travel Award Program, etc. This position will work in collaboration with the Branch Compensation Department Leader to ensure team responsibilities, both recurring and ad hoc, are completed timely and accurately. This includes general ledger account reconciliations, journal entries, process improvements, process control enhancements, Financial Advisor escalations, Financial Advisor policy enhancements, compensation education and communication. Branch Compensation is a fast paced, highly complex environment with each associate responsible for many key processes throughout the month. Therefore, understanding upstream and downstream impacts of Financial Advisor Compensation, the ability to plan, organize and prioritize, think strategically, assist others and solve problems from routine to complex are crucial to the role. **
Responsibilities**
- Reconcile and review general ledger, customer, and/or firm accounts and transactions. Review of reconciliations and transactions performed by others.
- Prepare, summarize, and present firm financial reports and analysis to leader. Identify trends and present recommendations to Senior Leadership in order to influence decision making.
- Ability to research technical topics to determine and recommend the appropriate action to be taken.
- Continually evaluate and improve processes and controls related to the functional area.
- Leverage functional knowledge and ability to understand concepts and analyze data to inform or make decisions.
- Analyze, document, and monitor business processes. Identify and implement process and control improvements where needed.
- Support and/or lead system design, documentation, testing, and implementation to ensure functional business area requirements are met.
- Build, maintain, and leverage relationships to gather critical information and influence key decisions. This involves communication and coordination both within and outside the organization.
- Inform and educate other business areas as to the financial impact of potential business decisions they are responsible for making.
- Understand the roles, responsibilities, and activities performed by organizational functions (e.g., marketing, sales, operations, finance, human resources); understand the interrelationship among organizational functions; have experience and skill in managing across functional and organizational lines.
- Proactively identify high risk issues, formulate recommendations, and play a major role in implementing solutions.
- Support or lead system design, documentation, testing, and implementation to ensure functional business area requirements are met.
- Takes constructive action at work with little or no direction from others; drives for results through new, innovative ideas or work methods.
- Build, maintain, and leverage relationships to gather critical information and influence key decisions. This involves communication and coordination both within and outside the organization.
- Participate in and/or lead cross functional teams responsible for implementing Finance business objectives and projects.
Benefits
At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being. Visit our career site to learn more about our total compensation approach, which in addition to base salary, typically includes benefits, bonuses and profit sharing. The salary range for this role is based on national data and actual pay is based on skills, experience, education, and other relevant factors for a potential new associate:
Hiring Minimum: $78795
Hiring Maximum: $134163 **
Skills/Requirements**
- A Bachelor's degree in related field is required.
- 8+ years of relevant work experience in accounting, finance or related field is preferred.
- Proficiency with Microsoft Office is required.
- Working knowledge of PeopleSoft Financials is a plus.
Problem Solving
- Able to look at business financial objectives and provide solutions to problems that are right for the firm. Problems are often complex.
- Identifies problems affecting the functional areas processes and controls, recognizes the root causes, and identifies multiple potential or innovative solutions to problems.
- Ability to solve problems while working with tight time frames, heavy workloads, or conflicting demands.
- Ability to manage highly complex matters or processes in their area of expertise.
- Knows when to depart from traditional methods or behaviors or when to compromise for the sake of organizational accomplishment; adapts quickly and effectively when situational constraints require a change; employs unique and creative perspectives to situations as appropriate.
Decision Making
- Responsible for making decisions regarding application of accounting policy, the firm's financial condition or sound financial concepts.
- Approach issues and provide solutions that recognize the complex interrelationships among business activities; outline how decisions affect the overall firm's financial condition, other business areas, outcomes, or processes.
- Setting priorities according to criteria such as time urgency, perceived value of outcome, ease of completion, importance, and political/organizational factors.
- Moderate risk decisions are made without input from higher management levels. Larger or more complex decisions and strategies would be reviewed and agreed with the Manager's leader.
Span Of Influence
- The position requires a consistent need to work closely with the team, with other departments within Finance, and with various levels of associates in other divisions of the Firm. Direct interaction with senior Finance leaders and external parties.
- While there are no direct people responsibilities, coordinating with others to accomplish tasks and meet deadlines will be required and there could be mentoring and training responsibilities for other associates on the team. May provide direction and leadership, able to lead and influence others directly or indirectly.
Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday. **
Awards & Accolades**
- 100 Best Workplaces for Millennials in 2022, published Fortune July 2022, Great Places to Work® data as of March 2022. Compensation provided for using, not obtaining, the rating.
- Edward Jones was recognized as one of the Best Workplaces for Millennials by Great Places to Work® and Fortune® magazine. The privately held firm ranked No. 2 overall, in its fourth appearance on the list.
- 2022 Fortune Best Workplaces for Women, published September 2022, research by Great Places to Work®, data as of August 2021. Compensation provided for using, not obtaining, the rating.
- Edward Jones has been named to the 2022 Best Workplaces for Women list by Great Places to Work® and Fortune® magazine, ranking No. 45.
- 2022 Fortune's 100 Best Companies to Work For, published April 2022, research by Great Place to Work®, data as of August 2021. Compensation provided for using, not obtaining, the rating.
- For the 23rd time, Edward Jones has earned a spot on the Fortune 100 Best Companies to Work For® ranking by Great Places to Work® and Fortune® magazine. Edward Jones ranked No. 35 on the prestigious 2022 list.
- 2022 Best Places to Work For LGBTQ+ Equality, Great Place to Work® in partnership with Human Rights Campaign Foundation, published Equity Magazine January 2022, data as of July 2021. Compensation provided for using, not obtaining, the rating.
- Edward Jones scored 100 percent on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI) the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The ranking designated Jones as one of the best places to work for LGBTQ+Equality.
About Us
At Edward Jones, we help clients achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions. To ensure a personal client experience, we have located our 15,000+ branch offices where our more than 7 million clients live and work.
In a typical branch office, a financial advisor meets with clients and receives branch office support, so they can focus on building deep relationships with clients. Headquarters associates in St. Louis, Tempe and Mississauga provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. We continue to grow to meet the needs of long-term individual investors.
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
