What are the responsibilities and job description for the Finance Specialist position at River Road Asset Management?
Finance Specialist
Are you a detail-oriented finance professional with a passion for accuracy, efficiency, and accounting? Do you thrive in a fast-paced, dynamic environment where your analytical skills and problem-solving abilities can make a meaningful impact? If so, we want to hear from you! We are seeking a Finance Specialist to play a key role in managing financial processes, preparing critical reports, and collaborating with the broader team to drive informed decision-making. This role requires exceptional attention to detail, strong technical expertise, and the ability to enhance financial operations through innovative solutions. At River Road, we foster a collaborative and results-driven culture where excellence and efficiency are at the core of our success. If you're looking for an opportunity to grow your career in finance while contributing to a high-performing team, we invite you to apply! Applicants are asked to include a cover letter with their application.
Job Summary:
Supports the Finance department's daily operations. Responsible for leading/supporting daily operations in the Finance department, completing the firm’s financials, maintaining shareholder general ledgers, and ensuring smooth financial processes.
Reports To: Manager, Finance
Location: Louisville, KY
Work Arrangement: Hybrid (In-office Monday– Thursday; Remote Friday)
Status: Full-time
A Typical Day Involves:
- Partnering with the Finance Manager to create and update financial collateral for firm leadership to inform strategic business decisions.
- Creating the firm’s monthly financials, associated accounting processes, and reporting.
- Completing key accounting functions, including payables, receivables, and bank reconciliations.
- Leading components of the annual audit and budget processes.
- Preparing and analyzing financial reports, including Balance Sheets, Income Statements, Revenue Summaries, and shareholder reporting.
- Assisting in creating and managing the IBG income statement.
- Preparing accurate client fees and commission payments.
- Leading and executing special projects to enhance efficiency and effectiveness within the firm and the Finance department.
- Training and mentoring interns and junior team members as needed.
What We Are Looking For:
Knowledge:
- Foundational knowledge of the asset management industry.
- Working knowledge of, and demonstrated appreciation for, RRAM’s Investment Business Groups’ (IBGs) investment strategies, the roles and responsibilities of each Business Support Group (BSG), established Organizational Beliefs, and shareholder reporting.
- Strong understanding of, and commitment to, firm culture.
- Strong understanding of Accounting & Finance principles and GAAP.
- Knowledge of financial systems and software such as Bill.com, Concur, APX, Advent Revenue Center, and XERO.
- Proficiency in Microsoft Excel, including pivot tables and VLOOKUP functions.
- Familiarity with financial technologies, efficiency tools, and automation solutions.
- Knowledge of VBA, Python, Power BI, or database management is a plus.
- Knowledge of Sharepoint and/or MicrosoftTeams is a plus.
Skills and Abilities:
- Strong quantitative skills with the ability to analyze complex financial data.
- Exceptional attention to detail and accuracy in financial reporting.
- Strong work ethic.
- Desire to understand and improve processes.
- Ability to take initiative and lead projects independently.
- Strong problem-solving and troubleshooting skills for financial systems and processes.
- Excellent time management and ability to prioritize tasks effectively.
- Strong communication skills, both written and verbal, to collaborate across departments.
- Ability to work efficiently in a fast-paced and dynamic environment.
- Strong interpersonal skills with the ability to train and develop junior staff.
Education, Credentials & Attributes:
- Bachelor’s degree in Accounting or a related field.
- Depending upon the credentials and experience of candidates who apply for this role, we will either hire an individual who is qualified as a coordinator (more entry level) or a specialist. A specialist has additional years of experience and would be eligible for a higher starting base salary.
What River Road Asset Management Offers:
- An entrepreneurial work environment that encourages new ideas and emphasizes diversity of thoughts, attributes, identities, experiences, and backgrounds
- Firm-sponsored training and development as well as support while pursuing external education/certification opportunities
- Hybrid work arrangements, to include:
- Firm-provided home office equipment
- Firm-paid cell phone
- On days you work in the office, you’ll enjoy:
- Firm-paid parking in the 4th Street Live Parking Garage
- Firm-paid lunches, delivered to the office each day
- And so many other convenient amenities
- Competitive base bonus compensation structure
- A comprehensive benefits package designed to support the overall wellbeing of our employees and their families:
- Health insurance (95% of premium paid by firm for individual and/or family covered)
- Firm-funded HSA and HRA (between the two sources, full in-network medical deductible for individual and/or family covered)
- Dental and Vision insurance (95% of premium paid by firm for individual and/or family covered)
- Firm-paid employee Life/AD&D insurance
- Firm-paid spouse Life/AD&D insurance
- Firm-paid Long-Term Disability
- 401k with firm-paid safe harbor contributions and discretionary profit-sharing contributions
- Firm-paid Employee Assistance Program
- Paid time off and paid leave policies
About River Road Asset Management
River Road Asset Management is committed to being a leading, world-class provider of value-oriented equity asset management services.
Established in 2005, River Road specializes in value-oriented equity management for institutional investors around the world. We believe our people are our greatest asset. At River Road we offer our associates a culture of integrity, respect, entrepreneurial thinking, teamwork and shared rewards.
Learn more about River Road Asset Management.
Diversity, Equity & Inclusion Statement
We believe diversity is at the core of all highly effective entrepreneurial teams. It is through diversity of thoughts, attributes, identities, experiences, and backgrounds that great ideas are born, obstacles are overcome, and objectives are achieved. In our commitment to building and retaining a diverse workforce, we are dedicated to equity and inclusion in every aspect of the associate lifecycle and the culture that shapes the River Road work experience.
Supporting Equal Employment Opportunity Statement
River Road Asset Management provides equal employment opportunities (EEO) to all associates and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, or status as a covered veteran in accordance with applicable federal, state and local laws. The firm complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
River Road Asset Management expressly prohibits any form of unlawful harassment based on race, color, religion, gender, sexual orientation, gender identity, national origin, age, genetic information, disability or veteran status. Improper interference with the ability of River Road Asset Management associates to perform their job duties is not tolerated.
