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Savvy Wealth
Savvy Wealth
51 – 200 Employees
H1B Visa SponsorConsultingHealthcareMarketing
Savvy Wealth is a technology-driven wealth management firm serving high-net-worth individuals through personalized financial planning and investment management. Its platform brings together experienced financial advisors and digital tools, including an accessible dashboard for monitoring investments and financial performance. By combining human guidance with technology, Savvy Wealth supports a transparent, client-focused approach to managing long-term financial goals and offers opportunities for professionals interested in shaping the future of wealth management.
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Director of Revenue Accounting

Lead revenue accounting, ASC 606 compliance, accounts receivable, and financial reporting at Savvy Wealth. Build scalable processes for its growing registered investment adviser and broker-dealer business.

USUnited StatesNYNew York
$180,000 – $220,000 / year
HybridFull-timeLeadEnglish RequiredAccounting Manager
ERPFlux

Description

  • Oversee daily revenue accounting, processing high-volume transactions and recognizing revenue accurately under ASC 606.
  • Lead the monthly revenue close, including journal entries and reconciliations for revenue, deferred revenue, and unbilled receivables.
  • Oversee accounts receivable accounting, including custodian cash application, reconciliations, and aging analysis.
  • Ensure commissions are calculated and recognized accurately under US GAAP.
  • Conduct quarterly CECL aging analysis under ASC 326.
  • Maintain compliance with SEC and FINRA rules and reporting requirements.
  • Analyze monthly close fluctuations and explain significant changes in revenue, commissions, and accounts receivable balances.
  • Work with Operations, RevOps, Sales, Legal, and other business partners.
  • Support the design, implementation, testing, and improvement of revenue accounting systems.
  • Provide subject matter expertise on revenue and accounts receivable accounting.
  • Coordinate audits and act as the primary contact for external auditors during the year-end audit.
  • Maintain documentation for revenue, commission, and accounts receivable processes.
  • Develop processes and policies and build the Campfire revenue module.

Requirements

  • CPA and a bachelor's degree in Accounting or Finance, or equivalent experience.
  • At least 8 years of accounting experience, including 3 or more years in financial services.
  • Direct experience at a wealth management firm, RIA, or broker-dealer.
  • Understanding of AUM fee billing, custodian cash flows, and revenue share payout models.
  • Strong knowledge of ASC 606 and ASC 326.
  • Experience with custodian cash application, accounts receivable accounting, and financial reporting.
  • Proficiency with common ERP systems and revenue platforms such as NetSuite, Campfire, Orion, and AdvicePay.
  • Experience working across departments to influence change.
  • Strong attention to detail, communication, and teamwork skills.
  • Ability to work independently and prioritize in a fast-paced environment.
  • Strong ownership and independence, with the ability to identify issues, propose solutions, and drive initiatives to completion with minimal supervision.
  • Able to work in the Manhattan office four days per week.
  • Based in New York or willing to relocate there.
  • Must address current or future US work sponsorship requirements.

Benefits

  • Competitive salary and equity package.
  • Unlimited paid time off and company holidays.
  • Medical, dental, and vision plans.
  • Company 401(k), including Mega Backdoor Roth options.
  • Commuter plans.
  • HSA and FSA plans.
  • Office in Union Square, New York City.
  • Lunch and snacks at the office, with dinner provided for employees who stay late.
  • Virtual mental health care through Spring Health.
  • Health concierge through Rightway.
  • Guardian WorkLifeMatters EAP counseling for stress management, dependent care, nutrition, fitness, legal, and financial concerns.

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