Sr Accounting Operations Specialist (Hybrid or Remote Work Options)

About Wealth Enhancement Group

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 61,000 households from our over 100 offices - and growing - nationwide.

Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

We have an opportunity for a Senior Accounts Receivable Specialist who will be responsible for multiple functions within the accounts receivable department, including processing all WEAS invoicing and collections efficiently and accurately. This role requires great attention to detail, a thorough understanding of accounting principles and a strong ability to communicate with customers and internal teams.

The salary target for this role is $70,000 - $80,000 depending on experience. This role is also eligible for a corporate bonus plan.

We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one. 

Primary Job Functions

Accounts Receivable Invoicing and Cash Collection

• Process timely, accurate and complete invoicing for the Wealth Enhancement Advisory Services and assist with Wealth Enhancement Tax and Consulting Services entities.

• Create cash collection transactions in Salesforce for various types of revenue and expenses. Ensure accuracy of input into Salesforce.

• Reconcile all Salesforce cash collection transactions to related bank transaction.

• Collaborate with variable compensation team to ensure data entered into Salesforce is complete and accurate for downstream calculations and reporting.

• Communication with the financial advisor teams regarding outstanding balances, late payments, and any other issues related to accounts receivable. This may involve working with the advisors to address any concerns.

• Manage timely, accurate and complete check and direct deposit for all entities, including application on appropriate invoices.

• Assist with clearing dashboards, processing refunds, researching miscellaneous payments, etc.

Process Documentation

• Update process documentation as we continue to expand and improve our processes.

• Maintain the WEAS master schedule ensuring updates are made as necessary.

• Review and track the Retainers processed by WEAS following up with the teams as necessary for accurate information.

Assist AR Manager

• Be a support for the AR Manager as we continue to implement new processes to strengthen our relationships with the Advisors/Teams. Examples include setting up lockboxes at Wells Fargo, implementing e-Bill functionality, AR automation, etc.

• Communicate issues/concerns in a timely manner as to encourage a quick resolve for all parties.

• Assist with agile projects, testing, planning, etc. as needed.

• Initiate process improvements that will help improve efficiencies.

• Open for cross training to assist both AR and the Revenue team as we strive to build a more cohesive unit.

Education/Qualifications

• BS/BA in Accounting or related area of study

• 3-5 years of general operations or accounting experience

• Advanced Excel skills required

• Inter-personal and communication skills working with people at all levels

• Ability to work independently and take full ownership of the tasks assigned

• Attention to detail, accuracy, and diligence in completing tasks

#LI-JV1

IND123

Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

• Training and professional development

• Medical and dental coverage

• 401k – with match and profit sharing

• Health care spending and savings accounts

• Dependent care spending account

• Vision coverage

• Wellness programs and resources

• Life insurance – employer paid

• Short-term and long-term disability – employer paid

• Paid Time Off

• 10 paid holidays each year

• Paid parental leave

• Tuition reimbursement

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.