Accounting Manager

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 22,000 financial advisors, 1,100 institution-based investment programs, and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

The Accounting Manager, Controllership will be a key leader in the Controllership group and report to the AVP of Financial Reporting. The Accounting Manager will be responsible for overseeing the accounting records, internal financial statements, providing accounting support and analysis for general and administrative expenses, and consolidation of LPL Financial Holdings and its subsidiaries.  The Accounting Manager will also be a key player in developing process improvements of our internal reporting and financial statements allowing the team to shift its focus to analyzing and communicating results as well as providing proactive customer service.

Responsibilities:

• Manage the monthly accounting close process, including the managing the close calendar and related reporting deliverables, review and approval of journal entries, account reconciliations and other review activities.
• Identify areas of improvement to derive enhanced methods for explaining business drivers, for accelerating close timing for improving close accuracy, and for enhancing controls over financial reporting.
• Provide leadership, coaching, and mentoring direction to Senior and/or Staff Accountants.
• Manage the financial statement consolidations and month end close reporting.
• Subject matter expert of the Company’s intercompany activity and related accounting.
• Oversight of appropriate accounting procedures and control descriptions for those activities within the scope of the Controllership team.
• Support key initiatives within the group.
• Be an effective leader by helping to prioritize the G&A expense team’s work to align with department and company goals and work to positively impact employee engagement.
• Support regulatory requirements, which include SOX testing and reviewing audit schedules, reconciliations, etc. before providing to both internal and external audit on monthly/quarterly/annual basis.
• Ad hoc requests as determined by management.

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, are ready to make positive change, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

• BA/BS degree in Accounting or related fields.
• 7+ years of professional experience, with 2 to 3 years progressive experience leading teams.
• Strong understanding of internal controls.
• CPA license

Core Competencies

• Demonstrate an ability to manage multiple projects and activities and adapt to change.
• Strong analytical and organizational skills.
• Effective communication skills and the ability to interact effectively with all levels of management and work in team-oriented environment.
• Excellent computer skills including intermediate Excel skills.

Preferences:

• Ability to effectively collaborate well across multiple business functions.
• Experience in public accounting and broker/dealers is preferred.
• Experience in intercompany accounting
• Experience in consolidation accounting
• Strong attention to detail and demonstrated ability to multi-task are essential.
• Experience with Oracle Financials and Excel Spreadsheet Server is a plus.
• Experience with Hyperion is a plus.
• Experience working with auto-reconciliation tools, i.e. Trintech is a plus.
• Master’s degree is a plus

Pay Range:

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum.  During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card.  Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.

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