VP, Portfolio Manager

Commitment To Internal Control

This position is required to possess a comprehensive understanding of and adhere to the system of internal controls associated with the fundamental duties and responsibilities of the role. This includes compliance with SOX and all other pertinent regulatory and compliance policies and requirements.

Essential Duties and Responsibilities

• Review/Compile daily information and reports necessary to roll forward accounts receivable, prepare daily journal entries
• Process vendor payments in compliance with vendor terms and reconciliation to vendor statements, resolve any discrepancies
• Prepare or oversee/approve the daily Notice of Transfer
• Communicate and/or update the cash forecast
• Roll forward and maintain Daily AR aging
• Daily journal entries; roll forward and reconcile all general ledger account balances
• Maintain other schedules necessary to manage specific needs of VAR Customers
• Review Accounts Receivable past due invoices with VAR Customer for payment status, potential issues and repurchase obligations
• Review/Prepare month-end financial statement package of VAR Customer which includes the review and/or calculation of all fees
• Communicate any financial statement adjustments to VAR for recording
• Review and approve margin and service fee payments
• Review and approve requests for new APA purchases
• Purchase Order approvals, if applicable
• Oversee and coordinate the implementation process for new VAR Customers
• Oversee and coordinate the termination process for existing VAR Customers
• Aid with internal and external audit requests
• Aid with cross-training as needs arise and job functions change
• Perform ad-hoc projects and analysis for management as necessary
• Provide guidance/oversight to assistant regional/operational accountants as necessary to meet VAR and internal needs/requirements

Key Performance Indicators

• Closely report monthly financial results on first business day following month-end
• Ensure NOT’s performed daily and AR roll-forward is updated at least weekly
• Respond to VAR inquiries within 24 hours
• Manage risk with VAR programs, limiting losses

Responsibility and Decision-Making Authority

Act independently; Decision-making within Company policy. Management/Supervisory Responsibilities N/A

Qualifications

• In-depth understanding of accounting standards (US GAAP)
• Good understanding of the internal control process document and control points
• Extensive competency with Microsoft 365 suite of products (Word, Excel, PowerPoint, Outlook, Teams)
• Workday experience preferred
• CPA preferred
• 5+ years within an accounting role

Competencies

• Thinking Skills - Analytical Ability
• Problem-solving
• Decision-making/Judgment
• Communication – Ability to Transmit Information
• Interpersonal Relationships – Ability to Work in a Team
• Technical/Professional - Thoroughness
• Strong computer skills: Excel, Word, Various Accounting Systems where applicable
• Personal Qualities – Integrity
• Entrepreneurship – Client Oriented

Education And Experience

• BA/BS in Business with an emphasis in accounting or equivalent experience

Tools and Equipment Used

• Personal computer
• Copier
• Phone
• and other typical office equipment

Working Hours

• Hours may vary and will require some evening work; frequently requires working 40-45 hours/week depending on business needs

Travel

• Occasional travel related to transactions and attendance at industry seminars.

Physical Demands

• Digital dexterity and hand/eye coordination in operation of office equipment
• Light lifting and carrying of supplies, files, etc.
• Ability to speak to and hear customers and/or other employees via phone or in person
• Body motor skills sufficient to enable incumbent to move from one office location to another

Job Description

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change. The position is exempt and the salary will be between $103,700.00 and $126,875.00 with an opportunity to earn a discretionary annual bonus. The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education. Additional Benefits Medical, Dental, and vision plans 401(k) and matching Paid Time Off Company Paid Life Insurance Employee Assistance Program Training and Development Opportunities Employee Discounts