Accounting Manager

Why Great Gray?

At Great Gray Group, we strive to set the bar for the retirement services industry. Our goal is to deliver advanced retirement solutions that combine our core fiduciary services with robust investment options, innovative technology, and dedicated client service. We focus on making choices clearer, transitions smoother, and the client experience more delightful. Complacency isn't in our vocabulary. Every day, we look for opportunities to better serve our clients, be an excellent business partner, and earn the trust of those who rely on us.

The Role

Great Gray is looking to add an Accounting Manager to our Finance team. This role will oversee key accounting operations, ensure compliance with GAAP standards, and drive accuracy in financial reporting. The Accounting Manager will play a critical role in managing month-end close processes, revenue recognition, and supporting the Controller in strategic financial initiatives in a rapidly scaling and evolving environment.

Location

This position will work from our Boston, MA office. Great Gray currently supports a hybrid work model with 4 days onsite, and 1 day remote.

Visa sponsorship or transfer of an existing visa is not available for this position. Applicants must be authorized to work directly for any employer in the United States without visa sponsorship or transfer.

Responsibilities

• Lead and manage monthly, quarterly, and annual close processes, ensuring timely and accurate financial reporting in accordance with GAAP
• Oversee revenue recognition processes and ensure compliance with ASC 606 and relevant accounting standards
• Prepare and review journal entries, account reconciliations, and financial statement analyses
• Manage and mentor accounting staff, providing guidance on technical accounting matters and professional development
• Partner with cross-functional teams to support business operations and provide financial insights
• Drive process improvements and automation initiatives to enhance efficiency and controls
• Coordinate and support internal and external audit activities
• Ensure accurate and timely reporting to management, investors, and regulatory bodies
• Maintain and enhance internal controls and documentation to support SOX compliance readiness
• Form relationships cross-functionally to cultivate collaboration both inside and outside of the Finance & Accounting teams
• Complete other related duties as assigned

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or related field required
• CPA certification required
• 7+ years of progressive accounting experience with demonstrated expertise in GAAP principles and 1-2 years of experience mentoring and managing Accounting professionals in a corporate environment
• Proven track record in revenue recognition, including experience with ASC 606 and complex revenue arrangements
• Advanced proficiency in NetSuite and Microsoft Excel; experience with ERP systems strongly preferred
• Experience managing month-end close processes and financial statement preparation
• History of successfully leading and developing accounting teams
• Demonstrated ability to analyze complex accounting issues and implement effective solutions
• Experience in private equity-backed companies or high-growth environments is a plus
• Strong organizational skills with proven ability to manage competing priorities and meet deadlines in a fast-paced environment
• Excellent communication skills with ability to present financial information clearly to both technical and non-technical audiences
• Your standards reflect our core values: Growth Mindset, Disciplined Curiosity, Grit, Results Ownership, Collaboration.

Base Pay Range*

$135,000-$165,000

• This base pay range is subject to change and may be modified in the future.

The pay range displayed above is the base pay compensation range that Great Gray expects to pay for this position at the time of this posting. Individual compensation within this range depends on multiple factors, including, but not limited to, candidate’s prior education and relevant work experience and training as well as position location and local market demands. Our pay-for-performance culture also includes participation in an annual incentive bonus plan for this position which is not included in the ‘Base Pay Range’ noted above.

Benefits

We have a comprehensive and competitive benefits package at Great Gray. Some of the highlights are:

• Be an integral part of an early-stage, high-growth organization!
• Hybrid work environment
• Competitive compensation package including 401(k) with elective and non-elective match opportunities
• Lifestyle spending allowance program
• Medical, Dental, Vision Insurance
• Employer-paid life and disability insurance
• Generous paid time off program

Company Background

Great Gray is the leading independent provider of trustee and administrative services to Collective Investment Trusts (“CITs”), with over $300 billion in CIT assets under management, across more than 900 funds. We proudly work with more than 80 subadvisors, including leading firms such as AllianceBernstein, American Funds, BlackRock, Franklin Templeton, MetLife, Neuberger Berman, PGIM, PIMCO and Raymond James.

CITs are more than just an investment vehicle. They represent a forward-thinking approach to retirement planning. These tax-exempt, pooled investment vehicles are offered to employer-sponsored retirement plans, like 401(k)s. CITs are comparable to mutual funds, but, because they are tailored for the institutional retirement market, they can offer distinct advantages, including efficient administration and cost-effectiveness. CITs have a history dating back over 90 years; but they have gained favor over the past decade, driven by innovations, and Great Gray has been at the forefront.

Great Gray has consistently delivered year-over-year growth at an above market rate and is investing in the continued development of its core CIT business as well as complementary administrative services and technology solutions for the retirement market.

Madison Dearborn Partners (“MDP”) purchased Great Gray from Wilmington Trust in April 2023. As a result, Great Gray is an independent company owned by funds affiliated with MDP.

Investor Background

MDP is a leading private equity investment firm based in Chicago. Since MDP's formation in 1992, the firm has raised aggregate capital of over $28 billion and has completed over 150 platform investments. MDP invests across five dedicated industry verticals, including basic industries; business and government software and services; financial and transaction services; health care; and telecom, media, and technology services.

Equal Employment Opportunity Policy

Great Gray, LLC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status or other non-merit factor.

Accommodation Statement

Great Gray is committed to ensuring individuals with disabilities and/or those who have special needs participate in the workforce and are afforded equal opportunity to apply and compete for jobs. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or need to request an accommodation for any part of our application or interview process, please contact us at: [email protected]