Job details

Associate Principal Accountant, Accounts Payable

Under general direction of the manager, this position oversees the overall Accounts Payable function in the processing of invoices and expense reporting for FINRA and subsidiaries, and will work closely with numerous areas within the Finance & Administration Department to address department-wide issues and projects.

Essential Job Functions:

Manage section activities of the Accounts Payable team to ensure processing is performed in an accurate, complete, and timely manner, including the following:

Provide leadership and guidance to staff on section activities. Ensure Internal Control Monitoring compliance within Accounts Payable and serve as the subject matter expert for initiatives and special projects.

Determine department processes and maintain responsibility for efficiencies and effectiveness of operations.
Manage section activities and determine workflow scheduling to ensure processing deadlines are met.
Responsible for processing and reconciliation of various corporate credit card accounts. Liaison for administrations of corporate travel expenses.
Ensure timely, accurate preparation of quarterly compensation to Board and Committee members.
Review and process Accounts Payable transactions in accordance with standard policy and procedures as required.
Work closely with other Finance functions (e.g., Financial Reporting and Financial Planning & Initiatives) as well as Business Departments to ensure all Accounts Payable related month-end journals are recorded in accordance with the monthly close schedule.
Work closely with Financial Reporting to maintain ledger categories for invoice and expense processing and reporting purposes.
Provide guidance on enterprise-wide initiatives including Internal Control Monitoring procedures, ensuring compliance for all Accounts Payable functions and processes
- Identify control gaps and work with ICM team to document and monitor remediation plans
- Identify, recommend and implement changes to the company’s financial processes to enhance efficiency and effectiveness.
- Prepare communications and status reports for management.
Represent Accounts Payable in department-wide technical initiatives.
- Lead the team in Workday enhancement activities, including system testing, UAT, training and related process changes.
- Serve as liaison to the technology group in the development, testing and implementation of A/P applications.
- Work with staff to identify enhancements or fixes required to resolve functional issues or create efficiencies. Assist staff and provide training as needed.
Responsible for overseeing, updating and maintenance of standard operating procedures that provide for a sound internal control environment and promote consistent levels of accuracy, completeness, and timeliness in work products.
Enforce company policies and procedures related to invoice processing and expense reporting. Monitor for ‘exception’ situations in need of escalation.
Maintain section productivity/performance measures and reporting. Compile and distribute performance data to management and staff: periodically assess validity of measures, and make recommendations for process improvements.
Manage staff performance, review, job expectations, training and development.
Serve as liaison for Accounts Payable with internal and external auditors
Educate and train internal contributors and key stakeholders, i.e., board of governors and other external consultants on expense report and invoice processing.
Address special projects and ad hoc reporting/analysis for management as needed.

Other Responsibilities:

Support multiple projects in parallel and prioritize competing demands.

Education/Experience Requirements:

Bachelor’s Degree in Accounting, Business or Finance with five or more years of relevant work experience in an accounting environment
12 semester hours of Accounting preferred.
Supervisory experience preferred
Solid understanding of accounting principles
Solid knowledge of financial reporting processes/systems and internal controls.
Strong knowledge of mainframe programs with Workday Financials experience preferred.
Time management and workload efficiency skills.
Proficiency in Microsoft Excel and Microsoft Word
Strong communication and analytical skills.
Able to communicate issues and trends to leadership and other groups at the appropriate level of detail.

Working Conditions:

Hybrid environment

For work that is performed in CA, CO, New York, NY and WA, the chart below outlines the proposed salary range for the corresponding location. In addition to location, actual compensation is based on various factors, including but not limited to, the candidate’s skill set, level of experience, education, and internal peer compensation comparisons.

California: Minimum Salary $84,500, Maximum Salary $165,100

Colorado: Minimum Salary $76,800, Maximum Salary $137,500

New York, NY: Minimum Salary $92,200, Maximum Salary $165,100

Washington: Minimum Salary $76,800, Maximum Salary $158,200

#LI-Hybrid

To be considered for this position, please submit an application.

The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.

Please note: If the “Apply Now” button on a job board posting does not take you directly to the FINRA Careers site, enter www.finra.org/careers into your browser to reach our site directly.

FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA’s accommodation help line at 240.386.4865. Please note that this number is exclusively for inquiries regarding application accommodations.

Employees may be eligible for a discretionary bonus in addition to base pay. FINRA provides comprehensive health, dental and vision insurance. Additional insurance includes basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal. FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement and many other benefits.

Time Off and Paid Leave*

FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program of 15 days of paid time off, 5 personal days and 9 sick days (all pro-rated in the first year). Additionally, we are proud to support our communities by providing two volunteer service days (based on full-time schedule). Other paid leave includes military leave, jury duty leave, bereavement leave, voting and election official leave for federal, state or local primary and general elections, care of a family member leave (available after 90 days of employment); and childbirth and parental leave (available after 90 days of employment). Full-time employees receive nine paid holidays.

Based on full-time schedule

Important Information

FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictions—including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice President—by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.

As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.

Search Firm Representatives

Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.

FINRA is an Equal Opportunity and Affirmative Action Employer

All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person’s relatives, friends or associates.

FINRA abides by the requirements of 41 CFR 60-741.5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities.

FINRA abides by the requirements of 41 CFR 60-300.5(a). This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans.