Director of Finance and Accounting

Company: Forum Financial Management
Location: Lombard
Posted on: May 24, 2023

Job Description:

Director of Finance and AccountingForum Financial Management, LP

Forum Financial Management, LP is a rapidly growing Registered Investment Advisory Firm (RIA) that has over 7 billion AUM. Forum was founded in 2002, became an independent RIA in 2009, and has grown by greater than 25% annualized over the last 10 years. At Forum, we use a highly diversified investment strategy derived from decades of academic research. While this strategy has been called many things, we think the term "evidence-based investing" best describes this approach. We strive to take the emotions out of investing and counsel clients to avoid making short-sighted moves based on current market conditions.Forum is in search of a candidate to join our management team. The primary responsibilities will be managing the accounting functions of the business and overseeing capital assets while ensuring the organization's goals are being met.This individual will be responsible for:Job Responsibilities & ActivitiesGeneral Accounting:Generates monthly and quarterly reports including cash flow report, income statement and balance sheetPresent these reports to the partnership semi-annually and answer individual partner offices questions to help all partners better understand of the financial health of the businessEnsures compliance with federal, state, and local payroll, wage, and hour laws and best practices in conjunction with our outsourced payroll serviceOversee the quarterly reconciliation process for partner capital accounts and answer questions regarding these calculationsFormulate and maintain the firm's budget and forecast cash on a quarterly basisCreate and maintain a series of financial controls and procedures for the accounting departmentProvides support in the quarterly reconciliation processConducts performance evaluations that are timely and constructiveStrong understanding of partnership accounting and being able to manage multiple entitiesMaintain relationships with banksOversees and takes responsibility for all financial procedures and recordsTax AccountingMaintains a working knowledge of tax rules and regulations to provide recommendations and guidance for our partnership and management teamProvides recommendations to our partners and management team to maximize tax efficiency based on our structureSupporting new partners in navigating their options for tax-related itemsLeadership and StrategySupervises and manages the accounting department's assignments and prioritiesInvolved in short- & long-term strategic planning and projections to enable sustainable growth for the firm.Develop new internal financial reporting systems and financial KPIs to help partners understand the real-time health of the business- including cost account and analysis.Required Skills/Abilities:Thorough understanding of budgetary and accounting principles, practices, and policiesExcellent written and verbal communication skills.Skilled in Excel, as well as budget creation and analysis software.Excellent managerial skills.Experience dealing with complex accounting and finance situationsProactive decision makingExcellent organizational skills and attention to detailEducation and Experience:Bachelor's degree in accounting, Economics, or Finance, with a minimum of 10 years of experience; OR a relevant master's degree with 5 years of experienceCPA or 10+ years of experience in a senior leadership role in a complex organizationWhy work for Forum Financial Management?We are a rapidly growing organization with a competitive total rewards package, continuing education & training, and tremendous career potential. This role will be critical in driving the future growth of the firm as we are only as successful as a firm as our advisors are individually.Benefits- we offer a full benefits package including health (PPO, HMO, HSA, and FSA), Dental, Vision, Disability, and Life Insurance.401k - we offer a 401k plan that includes an automatic company contribution of 5% of salary.PTO - employees start off with 18 days plus 2 floating holidays they can use at any given time.Flexible work schedule -we offer a hybrid working schedule and require our employees to report to the office once a week. (Any day that works best for you).Professional Development- Forum wants to grow our talent from within and we recognize the role that professional development plays in that. We help our employees identify professional development goals each year and we offer several ways for employees to build their individual skillset.Employee Engagement - employee engagement is very important to Forum, and we believe our employees are our greatest assets, so we strive to host quarterly cultural building activities, monthly office luncheons, and other activities to increase productivity within the company.Forum Financial Management, LP believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, sex, color, disability, national origin, gender identity/expression, actual or perceived.VPd5FhVNiH

Keywords: Forum Financial Management, Lombard , Director of Finance and Accounting, Executive , Lombard, Illinois