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