Accounting & Reporting Manager

Description

POSITION: Accounting & Reporting Manager

Location: Fort Lauderdale – HQ | Onsite M-F 8:30-5pm 

Reports To: Controller 

FLSA Classification: Exempt

Who We Are

At Sound Income Group, our mission is to help independent financial professionals and their clients thrive, especially those approaching or in retirement. We provide a full suite of resources across financial education, investment strategies, marketing, and practice management to support long-term success.

Position Summary

The Accounting & Reporting Manager leads month-end close and financial reporting across six affiliated companies within a diversified financial services organization. This hands-on individual contributor role includes general ledger accounting, intercompany reconciliations, payroll allocations, and expense and accounts payable review to ensure accurate records and timely reporting to management.

The role also serves as the primary accountant for the Broker/Dealer subsidiary, handling day-to-day accounting, financial statement preparation, reconciliations, and audit support. Working closely with the Controller, the Accounting & Reporting Manager maintains effective internal controls and supports efficient, consistent accounting practices across the organization.

Key Responsibilities

Accounting Operations & Month-End Close

• Lead monthly and year-end close processes across all affiliated companies, managing the 30-day accounting schedule to ensure deadlines are met.
• Prepare and review journal entries, including accruals and intercompany transactions; reconcile intercompany receivables and payables and resolve outstanding differences.
• Review general ledger activity, account reconciliations, balance sheet activity, and support schedules for accuracy, completeness, and proper accounting treatment.
• Research and resolve variances, unusual transactions, and reconciling items.
• Review intercompany transfers and prepare related accounting entries
• Monitor compliance with accounting policies, procedures, and internal controls.

 Financial Reporting & Budget Management 

• Review detailed monthly profit and loss statements and related expense activity across all affiliated companies for accuracy, completeness, and proper departmental coding; investigate variances and coding discrepancies.
• Prepare draft financial statements for Controller review, incorporate approved adjustments, and distribute drafts to Executive Management.
• Distribute department-level profit and loss and budget-to-actual reports, as applicable, and coordinate management feedback, coding corrections, and variance explanations.
• Review proposed changes with the Controller, process approved adjustments, and prepare and distribute final monthly financial statement packages to Executive Management.
• Assist with financial analysis, trend reporting, and ad hoc reporting requests.
• Support annual budgeting, forecasting, and strategic planning initiatives.

Expense Management & Accounts Payable Oversight

• Review invoices, employee expense reports, and reimbursement requests following management approval to ensure accurate coding, company allocations, supporting documentation, and compliance with company policies prior to transfer into QuickBooks.
• Review and resolve coding discrepancies, allocation questions, and other exceptions identified during the expense review process.
• Monitor Concur and Pivot Payables workflows to ensure approved transactions are processed and transferred into QuickBooks accurately and promptly.
• Manage FedEx allocations and related intercompany billings.

Payroll, Fixed Assets & General Accounting

• Prepare detailed payroll allocations by department, office, and entity using Paylocity data, including wages, overtime, bonuses, payroll taxes, and benefits, and record related journal entries and intercompany allocations in QuickBooks.
• Allocate employee benefit costs paid by the parent company to subsidiary entities and prepare related intercompany reimbursement entries.
• Maintain fixed asset, depreciation, and amortization schedules and prepare related monthly journal entries.
• Reconcile annual payroll accounting records to W-2 and W-3 reporting.
• Coordinate preparation of year-end audit schedules and supporting documentation.

Entity Accounting Responsibilities

Serve as the primary accountant for Broker/Dealer subsidiary, including:

• Record daily cash receipts, deposits, and related banking activity, and perform bank and FINRA Flex account reconciliations.
• Prepare advisor billing invoices in QuickBooks based on billing worksheets provided by the Compliance Department.
• Prepare and process advisor compensation-related transactions and record related accounting activity, ensuring supporting documentation is maintained.
• Prepare monthly accruals and related journal entries.
• Prepare draft financial statement packages and supporting schedules for Controller and Executive Management review, ensuring accuracy, completeness, and timely delivery.
• In conjunction with the Controller, coordinate with the external FINOP and accounting firm by providing requested financial information, supporting documentation, and responses to accounting-related inquiries.
• Maintain accounting records that support financial statement, audit, and regulatory reporting requirements.

Requirements

Must-Have Qualifications

• Bachelor's degree in Accounting, Finance, or equivalent combination of education and relevant accounting experience.
• Minimum 4 years of progressive accounting experience with responsibility for month-end close and financial reporting
• Strong knowledge of general ledger accounting, financial statement preparation, month-end close process, and cash-basis and accrual-basis accounting.
• Advanced Microsoft Excel proficiency and Strong analytical, organizational, and problem-solving skills.
• Experience with accounting software; QuickBooks experience preferred.
• Ability to effectively manage multiple priorities and deadlines.

Nice to Have Experience 

• Experience working in a multi-entity accounting environment.
• Hands-on with payroll allocations and intercompany accounting.
• Financial services industry experience. 

Physical & Work Environment Requirements

• Ability to work for extended periods at a desk using a computer.
• Ability to lift up to 10 pounds if/when necessary.
• Routine use of telephone and email.
• Office-based role with potential travel to conferences, events, and satellite offices as needed.

Benefits

We’re proud to offer a comprehensive benefits package that supports your professional and personal well-being, including:

• 100% employer-covered medical benefits and HRA account 
• Dental & vision plans 
• Generous PTO + 10 NYSE company holidays per year 
• 401K with company match program
• Free onsite parking
• Company-provided laptop and required technology
• Access to an on-site gym (free of charge)
• Weekly vehicle detailing (at additional cost) 

Sound Income Group is an E-Verify employer. 

Sound Income Group is an equal opportunity employer that complies with all applicable federal, state, and local laws, rules and regulations. It is our policy to employ and promote qualified candidates without discrimination on the basis of race, color, sex, age, origin, sexual orientation, marital status, disability or any other characteristic protected by law. Our hiring decisions are based solely on merit, qualifications and business needs.