Director of Accounting

Vaco
$150,000.00 - $180,000.00 / yr
United States, New York, Woodbury
Nov 20, 2024
Job Title: Director of Accounting Reports To: Chief Financial Officer Position Overview: The Director of Accounting will oversee the Firm's financial operations, including accounting, financial reporting, regulatory compliance, and internal controls. This leadership role requires a strong background in accounting principles, excellent analytical skills, and the ability to manage a high-performing team. The Director will collaborate with senior leadership and external partners to ensure the integrity and efficiency of the Firm's financial operations while maintaining strict adherence to accounting policies and regulatory requirements. Key Responsibilities: Financial Reporting & Compliance: Develop and maintain a robust financial reporting framework, ensuring timely, accurate, and comprehensive reporting for all Firm departments and partners. Accounting Operations: Oversee all aspects of the Firm's accounting functions, including financial transactions, reporting, and processing, ensuring high-quality and efficient results. Regulatory Compliance: Stay up-to-date on changes to financial regulations across all relevant jurisdictions, recommending and implementing processes to ensure the Firm remains in compliance. General Ledger Oversight: Own and maintain the Firm's general ledger system, ensuring its accuracy and integrity in all financial reporting. Partnership Tax Support: Work closely with the Firm's external CPA firm to prepare tax schedules for the partnership and support annual tax filings. Audit & External Relationships: Manage the Firm's relationship with external auditors and CPA firms, taking the lead on year-end reviews and audits. Banking & Insurance Relations: Cultivate and maintain relationships with external banking institutions, insurance providers, and other non-organizational accounting personnel. Budgeting & Financial Planning: Collaborate with the Financial Planning & Analysis (FP&A) team to prepare and manage the Firm's annual budget and financial forecasts. Process Improvement: Design and implement strategies to continually improve accounting processes, ensuring operational efficiency and alignment with best practices. Fund Management: Oversee the receipt, disbursement, banking, and safeguarding of all Firm funds and financial instruments. Team Development: Lead the growth and development of the accounting team, providing mentorship, training, and opportunities for professional growth. Delegate tasks appropriately to maximize team effectiveness. Cross-functional Collaboration: Partner with Senior Directors and business support teams to enhance Firm onboarding and exit procedures, ensuring alignment with financial operations. Required Qualifications: Education: Bachelor's degree in Accounting (CPA or MBA preferred) Experience: Minimum of 8+ years of accounting experience, preferably within a law firm or other professional services organization. Technical Skills: Advanced proficiency in Microsoft Excel and other MS Office tools (PowerPoint, Word), with strong spreadsheet and financial modeling skills. Core Competencies: Strong working knowledge of accounting principles and financial markets Demonstrated ability to manage complex financial operations with minimal supervision Exceptional organizational skills with a keen attention to detail Proven leadership abilities and experience managing and developing teams Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions Desirable Skills & Attributes: Experience working with law firm or partnership-based accounting structures Strong problem-solving abilities with a focus on process optimization High level of discretion and professionalism when dealing with sensitive financial information Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.