Controller

Overview:

If you’re looking for a high-energy, inclusive atmosphere and a company that understands the importance of work/life balance, Commonwealth is your match! From generous bonus and 401(k) programs to tuition reimbursement and flexible work schedules, Commonwealth is focused on helping its employees thrive in an environment suited to their needs. On top of all that, the Accounting department offers a hybrid work schedule, so you’ll be able to work from home for part of the week!

We’re looking for a controller to join our ranks. In this role, you will be directly responsible for day-to-day accounting operations, providing your subject matter expertise and thought leadership as Commonwealth continues to grow and expand. Responsibilities include leading the Accounting team, maintaining the general ledger, and overseeing revenue recognition, accounts receivable, accounts payable, payroll processing, and financial and accounting internal controls.

The controller maintains relationships with other internal leadership team members, banking partners, independent accountants, and various support vendors. You will have key interactions with all levels and types of employees, executives, and related business communities.

Key Responsibilities      

• Closing the monthly books accurately and on time; providing appropriate and actionable management reporting
• Serving as a FINRA Series 27 financial and operations principal
• Preparing and submitting regulatory filings and audited financials, including FINRA FOCUS reports and supplemental filings
• Compiling regular net capital computations, including haircuts on securities
• Overseeing and managing the implementation of new regulatory requirements for organizational entities
• Assessing current accounting operations, offering recommendations for improvement, and implementing new processes
• Working closely with the Operations and Compliance teams and the business to address any resulting action from financial and regulatory reporting
• Collaborating with the Chief Accounting Officer to oversee and manage annual audits by external auditors
• Oversee the accounts payables team and disbursement process to ensure effective expenses and capital management.
• Partnering with the Financial Planning and Analysis team to monitor annual business plans and quarterly forecasts

• Identifying and remediating process gaps, and implementing operational accounting efficiencies and financial controls
• Driving thought leadership and change management in a growing organization

• Recruiting, training, and retaining a skilled accounting staff to build out key functions
• Assisting in completing special projects as needed

Core Strengths and Skills

• CPA/public accounting experience preferred
• Knowledgeable in GAAP accounting and broker-dealer accounting and finance
• 10+ years of related work experience
• Prior experience leading an accounting/finance team
• Ability to manage complex financial, reporting, and regulatory matters or processes
• Experience developing, establishing, and operating financial policies and procedures
• Manages others well and with respect; balances corporate priorities with individual abilities

Have we piqued your curiosity? Can you see yourself thriving in this opportunity? 

Picture Yourself Here 

At Commonwealth, we believe in a better world. We hold ourselves and each other to higher standards. We take care of one another. That’s why we invest in you—we encourage employee growth both in your career and education; we are building out a robust diversity, equity, and inclusion program; we offer incredible health care benefits; and we find plenty of occasions to celebrate. What’s not to love? 

We are always striving to be better, and we are looking for employees who share that same mindset. Better people, better coworkers, better leaders, better creators. Bring your best work and your full self to the table, and we will do the same. Together, we can build a better future for our advisors, their clients, our company, and you. 

About Commonwealth 

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides a suite of business solutions that empowers more than 2,000 independent financial advisors nationwide. Privately held since 1979, the firm has headquarters in Waltham, Massachusetts; San Diego, California and a new office opening soon in greater Cincinnati, Ohio. 

Turning our advisors into raving fans starts by doing the same for our employees. We foster an environment of excellence, growth, rewards, and fun in equal measure, which has earned us 44 Best Place to Work awards.   

The Fine Print 

We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth will never ask potential hiring candidates to pay or transfer funds as a precondition of interviews or employment, nor will we authorize recruiters or agents to do so on our behalf.  

Commonwealth is an equal opportunity employer, making intentional efforts to source talent from all backgrounds.