Senior Accountant at Vanguard

Wayne, Pennsylvania, United States

Vanguard Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
NoVisa
Financial ServicesIndustries

Requirements

  • Minimum of three years related business experience
  • Financial accounting/reporting/public accounting experience preferred
  • Undergraduate degree or equivalent combination of training and experience
  • Finance or Accounting degree preferred
  • CPA preferred

Responsibilities

  • Executes all corporate accounting close activities for assigned functional areas
  • Prepares monthly general ledger account reconciliations and reviews, approves, and posts journal entries
  • Reviews team's work for accuracy and compliance
  • Responsible for processes around analysis of domestic and international business operations and obligations to ensure accurate recording of financial position
  • Assists in the preparation and communication of monthly financial results to management
  • Identifies issues independently
  • Leads efforts to research issues, develop recommendations, resolve complex issues, and implement changes
  • Designs, recommends, and implements internal control procedures that ensure proper recording and reporting of financial position and prevent significant errors in accounting records
  • Prepares and produces monthly reports and returns required by senior management and regulators
  • Supports external auditors during annual audit
  • Coaches and provides training to temporary administrators to ensure timely and accurate completion of tasks
  • Participates in special projects and performs other duties as assigned

Skills

General Ledger
Account Reconciliations
Journal Entries
Financial Reporting
Internal Controls
CPA
Public Accounting

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters
1975Year Founded
SECONDARYCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Best-in-class medical, dental & vision coverage
Onsite health clinic & fitness center
Health Smart Rewards program
Vanguard Retirement Savings Plan
Education Benefits
PTO
Family Planning Benefist
Parental leave
Personal development opportunities
Volunteer Time Off

Risks

Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.
Vanguard's stake in Steelcase exposes it to the volatile furniture market.
New active bond ETFs may struggle in a low-yield environment with increasing competition.

Differentiation

Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.
The firm offers low-cost investment products, making it attractive to cost-conscious investors.
Vanguard's ownership structure allows it to focus on long-term investor value.

Upsides

Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.
The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.
Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

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