What are the responsibilities and job description for the Chief Accounting Officer position at Allspring Global Investments?
COMPANY
Allspring Global Investments is a leading independent asset management firm that offers a broad range of investment products and solutions designed to help meet clients' goals. At Allspring, our vision is to inspire a new era of investing that pursues both financial returns and positive outcomes. With decades of trusted experience propelling us forward, we strive to build portfolios aimed at generating successful outcomes for our clients. We do this through the independence of thought that powers our investment strategies and by bringing a renewed approach to look around the corner to unlock what's possible. Allspring is a company committed to thoughtful investing, purposeful planning, and the desire to deliver outcomes that expand above and beyond financial gains. For more information, please visit About Us - Allspring Global Investments.
At Allspring, unique views inspire us. We leverage the diversity of people, ideas, and skills to help our clients pursue their financial goals. We strive to attract and retain a diverse talent pool that enables us to better serve our global client base. Intentionally fostering a diverse and inclusive culture allows us to empower innovation, productivity, and engagement. It's also essential for elevating the experience of our clients as well as the communities in which we operate. Thank you for considering Allspring as you explore the next step in your career journey.
POSITION
As the Chief Accounting Officer (CAO) at our dynamic and evolving asset management firm, you will report directly to the Chief Financial Officer (CFO) and be based in Charlotte, NC. You will be a collaborative member of the finance team, working closely with the entire organization to realize Allspring's full potential and growth plans. This role requires a strategic leader who can manage and elevate the accounting function to support our global growth and drive business efficiency.
RESPONSIBILITIES
- Leadership and Management: Direct and oversee the company's accounting function, including accounting operations, financial reporting, accounting policy and compliance, revenue operations, accounts payable, accounts receivable, Travel & Entertainment policies, and payroll.
- Strategic Development: Develop and elevate the accounting foundation with people, processes, and systems that will build a scalable organization and drive business growth efficiently.
- Global Growth Support: Strengthen the accounting function's capabilities to support global expansion.
- Cross-Functional Partnership: Serve as a strategic business partner across functions, providing data and insights to support decision-making.
- Compliance and Regulation: Ensure compliance with GAAP, SEC, US GAAP, IFRS, Sarbanes-Oxley, and any industry regulations.
- Day-to-Day Management: Oversee day-to-day accounting, tax, financial reporting, accounts payable, billing, and payroll (including payroll taxes).
- Regulatory Updates: Stay current with GAAP, regulatory, tax, and industry changes impacting Allspring and our financials.
- Audit and Reporting: Act as the key contact for external auditors and manage the annual audit in accordance with GAAP. Responsible for the preparation of balance sheets, income statements, and debt servicing.
- Financial Analysis: Analyze drivers that impact financials and manage monthly, quarterly, and annual variances.
- PE Firm Reporting: Handle monthly reporting to the private equity firm for monthly results.
- Team Leadership: Lead and manage the accounting team, including the development of team members.
- Capital Asset Planning: Support capital asset planning and profitability reporting.
- Strategic Thinking: Ability to think strategically and provide insights that drive business decisions.
- M&A Activities: Play a critical role in M&A target evaluation, acquisition, and integration.
QUALIFICATIONS
- 10 years of relevant of accounting leadership
- CPA required.
- Asset management experience preferred.
- Proven experience in transforming accounting team operations through systems, processes, and outsourcing.
- Strong communication skills with the ability to summarize technical accounting topics effectively.
- High attention to detail.
- Excellent financial and analytical skills.
- Strong leadership skills with a culture of innovation and inclusivity.
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We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.
