Manager, Accounting

Your Opportunity

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role.

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location.

The Compensation and Benefits Accounting team is part of the Corporate Controller’s Department, which is responsible for all financial accounting and reporting for the Charles Schwab Corporation and subsidiaries. In collaboration with our business partners, we provide comprehensive financial information to shareholders, management, regulators, and tax authorities. 

The Accounting Manager will manage compensation, payroll and benefits processes. This position will report directly to the Team Manager of Compensation and Foundation Accounting.   

What you’ll do:

• Prepares and records monthly and quarterly journal entries, primarily related to compensation, benefits, payroll and the Charles Schwab Foundation.

• Reconciles balance sheet accounts and manages subledger data

• Prepares variance analysis on a monthly, quarterly, and annual basis

• Prepares monthly reporting for internal business partners and schedules used in quarterly external reporting filings

• Executes and understands internal controls to ensure a SOX compliant control environment

• Work closely with business partners throughout the organization to ensure timely and accurate recording of business transactions

• Identifies and executes on process improvements

• Analyzes large sets of data involving general ledger, sub-ledger, and payroll data

• Completes special projects and ad-hoc requests

• Develops and maintains strong cross-functional relationships with team members, internal business partners, internal and external auditors, and reporting teams
  

What you have

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

Required Qualifications

• 5+ years of experience related to accounting and month-end close functions in medium to large companies. Experience with compensation, benefit, and non-profit accounting preferred

• Advanced Microsoft Excel and financial reporting skills preferred

• Strong written and verbal communication skills. Can articulate sophisticated technical issues in a way that non-experts can understand

• Exceptional at building internal and cross-functional relationships

• Strong attention to detail

• Excellent time management skills

• Constructively challenges existing processes with the aim of improving processes and controls

• Proactive, results-oriented operating style

• Ability to quickly analyze data, respond to changing demands, and present alternative solutions that are in the best interest of business partners while remaining compliant with accounting policies and GAAP

• Ability to effectively document financial results, work papers, and conclusions in an effective and efficient manner

• Bachelor's degree in Accounting or Finance

Preferred Qualifications

• Financial services industry experience a plus

In addition to the salary range, this role is also eligible for bonus or incentive opportunities