About Us: The Karn Group Inc. (TKG) is a web-based provider of industry-leading compliance and trading technology. TKG is the largest provider of fixed income compliance solutions for SEC and FINRA regulated broker/dealers and clearing firms. Our customers include many of the largest and best-known banks and brokerage firms. In addition, TKG offerings include advanced fixed income trade automation and a rich suite of equity compliance and surveillance products. We value teamwork, innovation, and a commitment to excellence. We are currently seeking a highly skilled and organized Business Manager to join our dynamic team.

Job Description:

Position Overview: The Business Manager will play a pivotal role in ensuring the smooth and efficient operation of our company. This individual will be responsible for financial reporting, accounts receivable and payable, invoicing, and serving as the administrative business point of contact for customers and vendors. TKG is a small organization, and the successful applicant will need to be able to work independently and assume a broad range of responsibilities.

Key Responsibilities:

1. Financial Reporting:

• Prepare pro forma financial statements.
• Forecast revenues, expenses and cash positions.
• Manage cash positions.
• Liaison with outside accountants and bookkeepers.

1. Accounts Receivable & Payable:

• Manage and oversee accounts receivable and payable functions.
• Ensure timely and accurate processing of invoices and payments.
• Reconcile accounts and resolve discrepancies.

1. Invoicing:

• Generate and send out invoices to clients.
• Track and follow up on outstanding invoices.
• Maintain accurate and up-to-date invoicing records.

1. Vendor Management:

• Serve as the main point of contact for business vendors.
• Manage vendor relationships and contracts.
• Coordinate and oversee vendors.

1. Sales & Marketing Support:

• Track sales prospects and maintain the sales pipeline.
• Send out contracts, marketing materials, and other business documents.
• Assist the sales team with administrative tasks as needed.

1. Information Technology & Compliance Reporting:

• Prepare security and compliance questionnaires from clients and vendors.
• Maintain Security, Compliance, Policy and Procedures documentation.

Qualifications:

• Minium of 3 years of full-time work experience as Business Manager or in a similar administrative role.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Proficiency in Accounting Software (Quickbooks preferred)
• Understanding of accounts receivable and payable processes.
• Ability to work independently with excellent multitasking, attention to detail and problem-solving skills.
• Experience in Financial Industry (Bank, Broker/Dealer, Wealth Management) is a plus.
• Knowledge of security and compliance standards is helpful.

Education:

• A college degree is required, preferably in a business-related area.

What We Offer:

• Salary from $85,000 plus Performance Bonus.
• Superior benefits package.
• 401(k) Plan.
• 401(k) Plan Matching Contributions.
• Blue Cross Blue Shield Medical Insurance.
• Blue Cross Blue Shield Dental Insurance.
• Paid Time-Off for Bank Holidays. 
• Paid Vacation and Personal Time-Off (PTO).
• Opportunity to work with a dedicated and innovative team.
• Professional development and growth opportunities.
• A supportive and collaborative work environment.
• 100% Remote Work.
• Flexible working hours.
• No weekend work.