Commonwealth Financial Network

  • Accounting Manager

    Job Locations US-MA-Waltham
    Job ID
    # of Openings
  • Overview

    Commonwealth Financial Network® is the largest privately held Registered Investment Adviser–independent broker/dealer in the U.S., with offices in Waltham, Massachusetts, and San Diego, California. Since 1979, we’ve been helping our field force of independent financial professionals help investors pursue their financial goals. We do that by providing them with the technology, research, resources, and support that allow them to keep their focus on what’s most important: investors and their financial objectives.


    With that said, we are not your typical financial services firm. For starters, we’re a fast-growing company, and we think and have fun like a start-up. Conveniently located on the commuter rail near the intersection of I-95 and the Mass Pike, we’re accessible from anywhere—and away from the congestion of a downtown commute.


    Commonwealth recognizes that our people are our greatest asset by investing in training and professional development. As a result, Commonwealth has been recognized 41 times (and counting) as one of the Best Places to Work by top publications in the region (Boston Globe, Boston Business Journal, San Diego Business Journal, San Diego Union-Tribune), as well as in the IT industry (Computerworld). With high marks in areas such as work environment, work/life balance, job satisfaction, and opportunities for advancement, Commonwealth is a place where you can thrive.


    Discover what it’s like to be psyched to come to work every day! We offer you:


    • Generous bonus and stock option incentive plans
    • Use of our chairman’s vacation properties (Cape Cod, Lake Winnipesaukee, Sunday River, Key Biscayne, Las Vegas, Park City, the Bahamas, and the Dominican Republic) at no cost
    • Fully paid maternity leave (12 weeks) and spousal leave (3 weeks)
    • A more relaxed, “dress for your day” dress code
    • A free on-site fitness center
    • Ample opportunity to volunteer with and support local charities
    • A VTO (volunteer time off) day to use toward a cause that’s important to you
    • Tuition reimbursement
    • Free breakfast on Fridays
    • A competitive benefits package—and much more

    About the Opportunity

    First and foremost, accounting is your area of expertise—but there’s also a part of you that’s wired as an in-house consultant, able to serve various departments and functions regarding complex accounting matters. In this position, you will be helping to establish and maintain our accounting principles, practices, and procedures. You’ll also be responsible for monitoring emerging and implementing new generally accepted accounting principles (GAAP) and regulatory accounting guidance, as well as providing internal education on new guidance that may affect the company.
    If you think you have what it takes, let’s introduce ourselves.


    • Serving as an internal expert, consultant, and resource regarding complex accounting topics for unique, new, or nonstandard transactions
    • Maintaining accounting policies and procedures to ensure compliance with GAAP, including a system of controls over accounting transactions; initiating and implementing new financial systems and controls as required
    • Reviewing, analyzing, and interpreting financial reports, including consolidated balance sheets, statements of operations, and statements of cash flows
    • Documenting and updating accounting policies and procedures on an ongoing basis to ensure that proper controls and segregation of duties exist
    • Researching, resolving, and documenting technical accounting and financial reporting matters
    • Overseeing financial accounting systems necessary to maintain reporting requirements and changes to the company’s organizational structure
    • Investigating, analyzing, and resolving reporting discrepancies; reporting significant unexplained variances to internal/external customers
    • Overseeing the year-end audit with external auditors, in conjunction with the controller, including the preparation, review, and assignment of year-end audit schedules
    • Providing support to the controller and chief accounting officer for cash flow forecasting, consolidation, and any strategic initiatives at hand
    • Evaluating processes and procedures on an ongoing basis, striving for greater accuracy and less rework
    • Ensuring compliance with regulatory agencies such as FINRA and the SEC; developing and maintaining procedures necessary to meet regulatory requirements


    • BS/BA degree in accounting
    • CPA
    • 4–7 years of public accounting and/or insurance or financial services industry experience
    • SEC reporting experience (e.g., 10-K, 10-Q, 8-K)
    • Strong technical accounting and financial reporting skills
    • Ability to read, analyze, and interpret accounting literature to support technical accounting conclusions
    • Strong verbal and written communication skills with the ability to communicate across all levels of management
    • Proficient with Microsoft Office applications such as Excel and Word
    • Proficient with Great Plains/Microsoft Dynamics


    Have we piqued your curiosity? Can you see yourself thriving in this career opportunity, as well as our Anything but Common® workplace culture? If so—and if your background and experience align with our needs—please do submit your application right away.


    Commonwealth Financial Network® is an equal opportunity employer that is committed to a diverse workforce.



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