Director of Finance

Our client is a rapidly growing independent RIA/wealth management firm with a multinational footprint and over $2 billion in AUM, committed to providing tailored investment and financial planning solutions for high-net-worth clients. The firm is seeking an experienced Finance Director with a background in wealth management or financial services and a broad understanding of the RIA business model and regulatory environment.


This is a high-impact, individual contributor role that not only oversees financial operations but also partners closely with firm leadership to drive long-term growth, enhance operational efficiency, and scale the business for the future.

Key Responsibilities of the Director of Finance:


FP&A and Firm Strategy
• Partner with the executive team on business strategy, cost optimization, profitability analysis, scenario modeling, and long-term planning
• Provide financial insights to support decisions related to growth initiatives, acquisitions, technology investments, and hiring
• Develop and maintain KPIs and dashboards to track financial and operational performance
• Analyze revenue streams, margin trends, and expense drivers to identify risks and opportunities
• Lead annual budgeting and reforecasting processes, including variance analysis and executive-level reporting
• Build financial models to support strategic initiatives, capacity planning, and headcount planning
• Evaluate scalability of current operating model and recommend improvements to support firm-wide growth
• Support pricing strategy, fee structures, and profitability by client segment or service line
• Translate complex financial data into clear, actionable insights for senior leadership
• Partner cross-functionally with operations, compliance, and leadership to align financial planning with business objectives.

Financial Oversight

• Lead all aspects of the firm's accounting (oversee AP/AR, payroll, budgeting, cash management, tax filings, etc.) and financial reporting functions.
• Direct month-end closing of the General Ledger; prepare and analyze monthly, quarterly, and annual financial statements.
• Monitor cash flow, profitability, and expense control.
• Negotiate fee structures and coordinate with external accounting vendors who perform financial reviews and due diligence analyses.
• Prepare materials for Board of Directors meetings.

Risk Management & Compliance

• Collaborate with compliance to ensure financial reporting aligns with SEC/FINRA regulatory requirements.
• Oversee internal controls, policies, and procedures to safeguard firm assets.
• Evaluate operational and financial risks and recommend mitigation strategies.

Operations & Efficiency

• Oversee Human Resources functions, including onboarding of new hires.
• Oversee vendor management.
• Assist with the transition to and subsequent enhancement of the ERP system.
• Oversee and optimize the firm's technology spend.

Qualifications


Qualifications of the Director of Finance:

• Bachelor's degree in Accounting, Finance, Mathematics, Statistics, or a similar STEM-based major.
• 10-15 years of progressive experience in accounting and finance, including ideally at least 3 years within an RIA specifically focused on high-net-worth wealth management.
• Strong understanding of RIA business models, fee structures, and regulatory environment.
• Experience within a smaller, rapidly growing firm, with demonstrated success scaling operations within approximately $2 billion to $10 billion in AUM.
• Proficiency with portfolio accounting systems, CRMs, and Microsoft Excel/Power BI.
• CPA is a plus
• Expertise in FP&A, financial modeling, budgeting, and KPI development.
• Proven ability to serve as a trusted strategic partner with the vision to think broadly about the business and its long-term growth.
• Demonstrated ability to improve processes, implement systems, and scale infrastructure in a growing firm.
• Familiarity with platforms such as Black Diamond, Addepar, Schwab, Pershing, QuickBooks, Tally, and NAV administration is a plus
• Excellent leadership, communication, and interpersonal skills.
• Comfortable operating in a lean environment, building infrastructure and scaling for growth, while serving as a hands-on individual contributor handling day-to-day responsibilities and partnering strategically with leadership.