Finance Controller: Americas Funds

It’s never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that. 

We have an exciting opportunity for you to join our team as Financial Controller (Funds). Reporting to the Regional Finance Controller - Americas, this full-time and permanent position is based in Florida, Boston, New York and offers regional coverage, allowing you to make a significant impact to our Finance Controlling - Americas Department and its growth.

Purpose of Role

We are looking for a Controller to join the Finance Team supporting the USA and Canada Funds business of Vistra, a leading global fund administration, trust and corporate services provider

Scope

The Controller will report to the Regional Finance Director-Americas and be a key member of the US Finance Team. The controller regularly interfaces with the US Finance Team, Shared Service Accounting Team, Global Finance and the US Funds Business Team. This is a hands-on role and will be responsible for core accounting, reporting, treasury and tax functions, including month-end closing, general ledger reconciliations, other accounting operations functions, Treasury, tax provisions and related accounting, intercompany transaction accounting and payroll review. This position has lots of opportunity for growth as well as a broad view of all accounting and FP&A activity across the US business and exposure to Vistra Global. The Controller will directly manage a team of 3 direct reports and indirectly provide leadership to Shared Service Team staff providing accounting services to the US & Canada Funds team

Key Responsibilities

• Directs the day-to-day accounting activities and accounting operational functions including revenue accounting/recognition, billing reconciliation, cash, accounts payable, intercompany transactions, expense accruals, other asset and liability accounting and payroll.
• Effectively leads and manages month-end, year-end close processes including meeting Vistra Funds & Retail month-end general ledger close deadlines, financial reporting and supplementary schedules/analysis deadlines and reconciliation of all balance sheet accounts by established deadlines.
• Responsible for the integrity and accuracy of the financial statements and underlying financial data
• Recommend and develop improvements to company’s revenue accounting, including revenue accruals and deferred revenue accounting entries. Develop improved methodologies and supporting schedules for monthly revenue, accrued revenue balance and deferred revenue balances.
• Prepare federal and state tax provisions for book reporting purposes and record corresponding accounting entries, including deferred tax items. Collaborate with external tax professionals on forecasting tax estimates and issuing tax payments. Provides financial reports and supporting schedules to external tax professional for preparation of annual filings.
• Provide support with insightful analysis on monthly financial results (e.g. deep dive analysis on key revenues and expenses, month vs. month variances).
• Perform treasury functions, including monitoring of all cash activity, preparation of monthly cash flow projections and executing/approving vendor payments and bank transfers
• Plays a lead role with general ledger system conversion (to SAP S/4HANA) and related accounting process changes
• Develop, implement and document policies, procedures, controls and SOPs
• Proactively identifies improvements and efficiencies in accounting processes, especially in the area of revenue and affiliate expense entries.
• Lead role in setting SOPs, deliverables and expectations of Vistra Shared service teams performing accounting operations on behalf of Vistra US – i.e. client billing and accounts payable related to vendors performing services on behalf of Vistra US clients. Regularly communicate and work with shared service team leads to ensure work completed meet established requirements so that resulting accounting activity, entries, and reports are accurate, complete and timely.
• Trains, mentors and manages accounting staff and assists in their development and upgrades overall performance level of the team.

Attributes / Technical Skills

• Expert organizational and follow-up skills
• Commitment and ability to meet deadlines associated with the month-end close and with numerous recurring and ad-hoc deliverables during the month
• Proven ability to effectively delegate and manage multiple deliverables, including recurring work and projects
• Strong analytical, problem-solving and reconciliation skills
• High proficiency with MS Office, including Word, Excel and PowerPoint. Ability to work with large data files with advanced Excel skills is required.
• Experience SAP S/4HANA preferred
• Outstanding written and verbal communication skills
• Excellent attention to detail
• Works effectively and collaboratively with teams that interface with the Controller’s group, including the Global Finance team
• High performing leader of an Accounting team and experienced with team member development
• Experience with transforming an underperforming accounting team to a high performing team
• High degree of professionalism, integrity, and confidentiality
• High energy and a can-do attitude; exhibit a responsible and responsive tenacity

Relevant Experience

• CPA desirable, but not mandatory
• Exposure to Financial Services sector preferred
• 10 years of experience, with at least 4 years as a proven, high-performing controller and leader of his/her team

Education and Professional Qualification

• Bachelor’s and/or Master’s degree in Accounting
• SAP S/4HANA knowledge will be an added advantage

Company Benefits :

• Unlimited PTO
• Medical PPO Plan
• 401k Plan with Employer Match
• Paid Parental Leave (All Gender)
• Voluntary Benefits (Pet Insurance, Legal, more)
• Hybrid / Remote Flexibility depending on role

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!