Manager, Accounting

Envestnet is seeking a passionate and talented Manager, Accounting to join our Finance team. This is a hybrid role, with in-office work required at our Denver, CO office location.

Envestnet is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions, and intelligence to make financial wellness a reality for everyone.

Since our founding 20 years ago, we are fully vested in helping people live an intelligent financial life. If you love the idea of working in a Fintech company with the environment and excitement of a start-up where you are making everyday impact - then read on.

Job Summary:

We are looking for a motivated Accounting Manager to play an integral part in the day-to-day billing/revenue accounting in a fast-paced environment. This position is essential to ensuring the highest level of financial reporting accuracy through the maintenance of internal systems and adherence to financial reporting processes. 

Job Responsibilities:

• Contract Understanding/Configuration and Mapping:
  
  • Responsible for Revenue contract set-up ensuring the financials (revenue, cost, balance sheet entries) are in accordance with Envestnet’s Revenue Recognition policies.
    
  • Collaborate with technical teams to map new products and configurations into the GL, ensuring financial integrity and reporting accuracy.
    
  • Ensure contracts have been recorded in the ledger in accordance with ASC606 revenue recognition requirements.
    
• Accounting and Reporting:
  
  • Prepare, review, approve and analyze journal entries for revenue, cost of revenue, liabilities and receivables to support monthly close process.
    
  • Work with cross functional teams to maintain an understanding of the company’s products and programs (new and existing) and their impact on the downstream Finance processes.
    
  • Provide in-depth revenue, cost of revenue, and liability analysis and insights to management.
    
  • Review account reconciliations for month-end closing.
    
  • Perform and review fluctuation analyses and apply judgment to identify unusual trends that need to be further investigated.
    
  • Manage team and associated deliverables to ensure close activities are on schedule.
    
  • Prepare and Review PBC’s to support audits and reviews, including providing documentation and addressing internal and external audit questions.
    
  • Assist in ad hoc projects in relation to month-end, quarter-end, or year-end processes and procedures.
    
• Project Leadership/Cross Functional Collaboration:
  
  • Ability to work well with and influence various management levels and functions within Envestnet using skills and knowledge associated with the UMP, General Ledger and US GAAP accounting. 
    
  • Oversee project-related activities associated with revenue, ensuring that all products and services are accurately recorded in the financial statements.
    
• Research and Resolution: Lead investigations into UMP revenue issues, identifying root causes and implementing corrective actions to prevent recurrence.
  
• Training and Development: Mentor and train team members revenue accounting processes, contract management, billing understanding and best practices for issue resolution.
  
• Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested. 
  
• As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk.

Required Qualifications:

• Bachelor’s degree in Accounting or Finance required, CPA preferred.
  
• Technical and operational knowledge of U.S. GAAP specifically ASC 606.
  
• Knowledgeable regarding SOX and interactions with external auditors.
  
• Ability to work independently with minimal guidance to execute in a dynamic and demanding environment by demonstrating organizational, interpersonal, communication, proble