Accounting Manager (Commission Payouts, Fees and Brokerage) - Chicago - ADM
Chicago, IL
About the Job
85279BR
Job Title:
Accounting Manager (Commission Payouts, Fees and Brokerage) - Chicago
Department/Function:
Investor Relations
Job Description:
Accounting Manager (Commission Payouts, Fees and Brokerage) - Chicago, Illinois
ADM Investor Services, Inc.
This is a full-time, exempt position.
Position Summary:
The primary role of the Accounting Manager is to supervise and oversee the commission payouts, brokerage (give-up) and fee processes Team, supervise and assist with the preparation of daily and monthly schedules and reconciliations supporting financial controls and reporting, assistance with periodic audits, and collaborate with other departments on ad hoc projects. The Accounting Manger will report directly to the SVP CFO and collaborate with the Controller and FP&A Finance Director.
Job Responsibilities:
+ Manage and supervise the Commission Payout and Brokerage (give-up) and Fee Team of 4
+ Oversee monthly processing of commission payouts to brokers and independent contractors
+ Oversee exchange and clearing fee revenue and fee static data maintenance and reconciliation, fee payable and receivables
+ Manage brokerage (give-up) receivables and payables toward timely invoicing, collection and payment
+ Review monthly payout computations for accuracy and completeness
+ Backup, support and assist Team with daily and monthly tasks
+ Collaborate with commercial leaders on commission and fee setup and maintenance
+ Supervise preparation of daily and monthly account reconciliations
+ Assist with preparing and gathering data during audits
+ Prepare revenue and expense analysis and expense accruals
+ Other general accounting tasks
Job Requirements:
+ Experience in the futures industry as an accounting supervisor or manager
+ Bachelor’s degree in Accounting
+ 10 years accounting experience with 3 years or more managing staff
+ Strong analytical abilities, initiative and problem solving skills
+ Proficient in using Microsoft Office
+ Previous experience collaborating with management and reporting financial results
+ Promotes the ADM Way and Core Values
Excited about this role but don’t meet every requirement listed? Studies show that often applicants will self-select out if they don’t check every box. We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.
ADM requires the successful completion of a background check.
REF:85279BR
Req/Job ID:
85279BR
City:
Chicago
State:
IL - Illinois
Ref ID:
#LI-DNI
:
About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.
t:
#IncludingYou
Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.
We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.
We welcome everyone to apply, especially those individuals who are underrepresented in our industry, as we strive to ensure our workforce represents the world that we help to feed: people of color, women, gender non-conforming, LGBTQIA+, veterans and persons with disabilities. For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion | ADM. (https://www.adm.com/en-us/culture-and-careers/diversity-equity-inclusion/)
:
Benefits and Perks
Enriching the quality of life for the world begins by taking care of our colleagues. In addition to competitive pay, we support your diverse needs with a comprehensive total rewards package to enhance your well-being, including:
+ Physical wellness – medical/Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).
+ Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers’ compensation, legal assistance, identity theft protection.
+ Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares).
Additional benefits include:
+ Paid time off including paid holidays.
+ Adoption assistance and paid maternity and parental leave.
+ Tuition assistance.
+ Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.
*Benefits may vary for bargained locations, confirm benefit eligibility with your recruiter.
Job Title:
Accounting Manager (Commission Payouts, Fees and Brokerage) - Chicago
Department/Function:
Investor Relations
Job Description:
Accounting Manager (Commission Payouts, Fees and Brokerage) - Chicago, Illinois
ADM Investor Services, Inc.
This is a full-time, exempt position.
Position Summary:
The primary role of the Accounting Manager is to supervise and oversee the commission payouts, brokerage (give-up) and fee processes Team, supervise and assist with the preparation of daily and monthly schedules and reconciliations supporting financial controls and reporting, assistance with periodic audits, and collaborate with other departments on ad hoc projects. The Accounting Manger will report directly to the SVP CFO and collaborate with the Controller and FP&A Finance Director.
Job Responsibilities:
+ Manage and supervise the Commission Payout and Brokerage (give-up) and Fee Team of 4
+ Oversee monthly processing of commission payouts to brokers and independent contractors
+ Oversee exchange and clearing fee revenue and fee static data maintenance and reconciliation, fee payable and receivables
+ Manage brokerage (give-up) receivables and payables toward timely invoicing, collection and payment
+ Review monthly payout computations for accuracy and completeness
+ Backup, support and assist Team with daily and monthly tasks
+ Collaborate with commercial leaders on commission and fee setup and maintenance
+ Supervise preparation of daily and monthly account reconciliations
+ Assist with preparing and gathering data during audits
+ Prepare revenue and expense analysis and expense accruals
+ Other general accounting tasks
Job Requirements:
+ Experience in the futures industry as an accounting supervisor or manager
+ Bachelor’s degree in Accounting
+ 10 years accounting experience with 3 years or more managing staff
+ Strong analytical abilities, initiative and problem solving skills
+ Proficient in using Microsoft Office
+ Previous experience collaborating with management and reporting financial results
+ Promotes the ADM Way and Core Values
Excited about this role but don’t meet every requirement listed? Studies show that often applicants will self-select out if they don’t check every box. We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.
ADM requires the successful completion of a background check.
REF:85279BR
Req/Job ID:
85279BR
City:
Chicago
State:
IL - Illinois
Ref ID:
#LI-DNI
:
About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.
t:
#IncludingYou
Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.
We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.
We welcome everyone to apply, especially those individuals who are underrepresented in our industry, as we strive to ensure our workforce represents the world that we help to feed: people of color, women, gender non-conforming, LGBTQIA+, veterans and persons with disabilities. For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion | ADM. (https://www.adm.com/en-us/culture-and-careers/diversity-equity-inclusion/)
:
Benefits and Perks
Enriching the quality of life for the world begins by taking care of our colleagues. In addition to competitive pay, we support your diverse needs with a comprehensive total rewards package to enhance your well-being, including:
+ Physical wellness – medical/Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).
+ Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers’ compensation, legal assistance, identity theft protection.
+ Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares).
Additional benefits include:
+ Paid time off including paid holidays.
+ Adoption assistance and paid maternity and parental leave.
+ Tuition assistance.
+ Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.
*Benefits may vary for bargained locations, confirm benefit eligibility with your recruiter.
Source : ADM