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Finance Manager

Company Description

Phoenix American is the parent a diversified group of companies providing back-office financial services to investment fund clients since 1972.  Phoenix American is a registered transfer agent with the Securities and Exchange Commission and has administered millions of investments for hundreds of funds of every size, strategy and asset class. The company performs full-service fund administration for private equity and venture capital funds and sales reporting and data analytics for mutual funds and other asset management companies. Phoenix American is also the industry leader in the field of managing agent and administration services for asset-backed securitizations (ABS) in the commercial aviation industry. The company has a reputation for excellence, offering unparalleled experience, superior technology and committed customer service to clients for more than 50 years.

Job Description

Job Summary:

Full-time position with partial work from home opportunity to oversee all banking functions, including corporate accounts payable, daily deposit process, disbursement of funds for clients of multiple service platforms and foreign currency transactions. Also, handle communication with domestic and foreign banks for both internal and external clients. This position will manage a team of 3 in daily operations and will be responsible for maintaining a high degree of customer service on all processes. We are seeking a highly organized, self-motivated, detail-oriented person for the position willing to participate in the processes as needed.

Essential Duties and Responsibilities:

· Hands-on supervision of accounts payable processes, including daily invoice processing, weekly check runs, month-end close to General Ledger and perform related reporting and reconciliations.

· Supervise and participate in daily communication with banks performing transactions on behalf of clients.

· Perform daily cash balance, activity and projection reporting, including reporting to senior management.

· Hands-on supervision of daily deposit processes, plus daily review of bank balances and reporting.

· Monitor departmental deadlines and liaison with other departments to ensure timely submission of payment requests.

· Manage and perform annual processing of corporate IRS Form 1099s to applicable vendors and ensure compliance to regulations.

· Assist in migration to Oracle Financials AP & AR modules in Release 12i from current version 10.

· Responsible for establishing and maintaining appropriate policies & procedures and internal controls.

· Create new methods for efficiencies as applicable.

· Interact with internal departments, external clients, and coordinate with oversees subsidiary companies performing similar processes.

Qualifications

· Bachelor’s degree in Accounting and/or Finance

· At least 7+ years of work experience in cash management functions required

· Prior experience in managing staff required.

· Understanding of banking industry processes terminology.

· Understanding general ledger transactions.

· Intermediate to advanced knowledge of Microsoft Excel and other Microsoft Office applications.
· Prior experience with Oracle accounting software preferred.

· Must have strong communication and organizational skills.
· Must have excellent analytical skills and be detail-oriented.

· Ability to meet strict deadlines and work independently.

 

Candidate Profile:

· Seeks to enhance knowledge and skills.
· Adapts to new situations and changing work responsibilities.

· Functions as an effective team member and supervisor.
· Interacts and cooperates to assist others.

· Addresses issues and makes suitable suggestions.

Additional Information

EQUAL OPPORTUNITY EMPLOYER

All your information will be kept confidential according to EEO guidelines.

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Manager, Phoenix American

Are you a detail-oriented finance professional looking for an exciting opportunity? Phoenix American is seeking a Finance Manager to join our dynamic team in Larkspur, CA. As a leading provider of back-office financial services, we’ve been helping investment fund clients since 1972, and we need someone who is passionate about overseeing banking functions and ensuring optimal financial operations. In this full-time role, you’ll enjoy a mix of in-office and remote work, giving you the flexibility to balance your professional and personal life. Your primary responsibilities will include managing accounts payable processes, supervising daily financial transactions, and maintaining excellent communication with both domestic and international banks. With a small team of three under your guidance, you’ll foster a culture of high customer service and teamwork. You’ll also be responsible for cash balance reporting and the timely submission of payment requests. If you have a Bachelor's degree in Accounting or Finance, at least 7 years of experience in cash management functions, and a knack for organizational skills, this could be your perfect match. As Phoenix American operates in various areas of asset management, your contribution to enhancing processes and compliance will be significant. Join us and leverage your expertise in a company recognized for its excellence, incredible technology, and committed customer service. Embark on this rewarding career path and make a real impact with Phoenix American.

Frequently Asked Questions (FAQs) for Finance Manager Role at Phoenix American
What are the key responsibilities of a Finance Manager at Phoenix American?

As a Finance Manager at Phoenix American, your main responsibilities include overseeing all banking functions, managing accounts payable processes, and ensuring accurate daily communications with domestic and foreign banks. You will supervise a team handling various financial tasks and be responsible for monitoring cash balances, reporting, and maintaining stringent compliance with financial regulations.

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What qualifications are needed for the Finance Manager position at Phoenix American?

To qualify for the Finance Manager position at Phoenix American, candidates should have a Bachelor's degree in Accounting or Finance and at least 7 years of experience in cash management functions. Previous experience managing staff is also required, along with a solid understanding of banking processes, general ledger transactions, and advanced proficiency in Microsoft Excel.

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What skills are essential for success as a Finance Manager at Phoenix American?

Successful Finance Managers at Phoenix American should exhibit strong organizational and communication skills, along with excellent analytical abilities. Being detail-oriented is crucial, as well as having the capability to meet strict deadlines and work independently. Familiarity with Oracle accounting software is preferred, which would further enhance your effectiveness in the role.

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What is the team dynamic like for Finance Managers at Phoenix American?

At Phoenix American, Finance Managers lead a small team of finance professionals, fostering a collaborative environment. You will interact with various internal departments, external clients, and subsidiary companies, making effective teamwork and communication key components to success in the role.

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Is there any flexibility in the Finance Manager role at Phoenix American?

Yes, the Finance Manager position offers a full-time role with the opportunity for partial remote work, allowing for a flexible working environment that helps in achieving a work-life balance while maintaining productivity.

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Common Interview Questions for Finance Manager
Can you describe your experience managing accounts payable processes?

When addressing your experience with accounts payable, focus on specific tasks you've supervised, such as invoice processing, reconciliation, and month-end closes. Highlight any efficiencies you've implemented and discuss how you ensured compliance and accuracy in transactions.

Join Rise to see the full answer
How do you handle communication with banks and financial institutions?

Discuss your approach to maintaining effective communication by using specific examples of challenges you faced and how you resolved them. Emphasize your ability to manage both internal and external conversations to ensure smooth operations.

Join Rise to see the full answer
Describe a time when you had to meet a strict deadline. How did you manage your time?

Share a specific example and outline how you prioritized tasks, delegated responsibilities, and utilized organizational tools or strategies to meet the deadline successfully. This showcases your aptitude for time management and leadership.

Join Rise to see the full answer
What methods do you employ to train and develop your team members?

Talk about your training strategies, perhaps mentioning mentorship, hands-on training, or ongoing professional development opportunities. Emphasize the importance of fostering an environment that encourages learning and growth.

Join Rise to see the full answer
How familiar are you with Oracle accounting software and how have you used it in your previous roles?

Discuss your proficiency with Oracle, including any specific modules you've worked with, such as AP or AR. Explain how you've utilized the software to enhance efficiency in financial transactions and reporting.

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What strategies do you implement for efficient financial reporting?

Describe your approach to financial reporting, including how you compile data from various sources, ensure accuracy, and meet internal deadlines. Mention any tools or systems you employ to streamline the reporting process.

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How would you handle a discrepancy in financial transactions?

Explain your method for identifying the source of discrepancies and the steps you take to rectify them. This could include communication with team members, reviewing documentation, or coordinating with banks to resolve issues.

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Can you provide an example of a financial analysis you conducted?

Share a specific instance where you performed financial analysis, detailing the metrics you evaluated, the outcome of your analysis, and how it informed decision-making within the company.

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How do you prioritize tasks during busy financial periods?

Discuss your techniques for prioritizing tasks, such as assessing the urgency and importance of each project. Highlight any tools you use to track and manage deadlines effectively during peak times.

Join Rise to see the full answer
What do you believe are the most important financial compliance issues to navigate as a Finance Manager?

Talk about key compliance issues relevant to the finance industry, such as IRS regulations or financial reporting standards. Explain how you stay current on these regulations and the steps you take to ensure compliance within your team.

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Since 1972 Phoenix American has focused on serving the needs of the financial services industry. Gus Constantin, President and Chief Executive Officer, founded Phoenix Leasing in 1972 and Phoenix American in 1981. From the company’s origins severa...

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Full-time, hybrid
DATE POSTED
April 4, 2025

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