Finance, Reporting and Accounting Manager - Wealth Management

Washington Trust is looking for an accounting or finance professional to join its Wealth Management team as the Finance, Reporting and Accounting Manager. This is a key member of the Wealth Management leadership team and will be responsible for management oversight and accuracy of all finance, management reporting and accounting functions across the Wealth Management division, which includes an SEC Registered Investment Adviser (Washington Trust Advisors, Inc.) and The Washington Trust Company’s Trust and Investment Department.

This position will collaborate with other resources that support these functions and will act as a subject matter expert in all accounting related matters.

Primary Responsibilities

• Coordinates and maintains divisional budgets and forecasts. Partner with key department managers and senior managers for budget planning and strategy.
• Analyzes, manages and reviews monthly P&L results and variance explanations preparing comments against budget
• Provides financial analysis and fulfills ad hoc reporting requests for senior management.
• Preparation and distribution of financial performance reporting, analyze and develop financial/operational models to inform and support planning, and growth strategies
• Tracks and monitors divisions expenses and external vendor costs
• Responsible for compilation and oversight of management and financial reporting for the division. Ensures all financial reporting is completed in accordance with assigned deadlines and meets the requirements for data accuracy and timeliness of filings.
• Identifies management and financial reports for rationalization and automation opportunities, ensuring that all reports are created using efficient processes. Manages the prioritization and development of management reports for business reporting.
• Management of the daily/monthly activities of accounting functions including journal entry posting and general ledger and DDA reconciliations ensuring application of generally accepted accounting principles to provide timely and accurate reporting and analysis.
• Responsible for review and analysis of all fee related revenue.
• Reviews and submits regulatory filings to the SEC and FDIC as required.
• Provides leadership to the function and staff ensuring proper staffing and training for team members with a focus on development and building bench strength.
• Responsible for the development of financial controls and SOX requirements to ensure the integrity of processes and reporting.
• Coordinates and interfaces with auditors for audits and reviews.
• Lead/participate on special projects or ad-hoc analysis in support of department or bank initiatives.
  
  

Requirements/Qualifications

The successful candidate will have 10 or more years experience in an Accounting or Finance related management role. Experience with Wealth Management preferred but not required. We are looking for someone who is a strong manager, with flexibility towards hybrid and remote work arrangements and the ability to lead a hybrid team and promote a strong engaging and ethical work environment.

Additional Qualifications

• Advanced in-depth knowledge of MS Excel. Intermediate to advanced skills in MS Word and Power Point. Visio or other workflow tools experience helpful.
• Excellent written and verbal communication skills: ability to influence decisions.
• Strong analytical and problem-solving skills
• Strong interpersonal skills. Ability to work well in a team environment.
• High energy level and strong work ethic, ability to work in a dynamic environment
• College degree in Accounting or Finance required.
  
  

Compensation: A good‑faith, reasonable estimate of the base salary range for this role is $125,000–$140,000, and the actual offer will depend on factors such as experience, skills, training, certifications, and education. This base salary reflects one component of our competitive compensation package. This position may be eligible for an annual bonus and includes a comprehensive benefits package.

Our employees enjoy a comprehensive benefits package, which includes health and welfare benefits, paid time-off, work-life program, and a 401(k) plan. We believe employees who are valued, recognized, rewarded and empowered, will achieve personal and professional growth. Apply today and find out why we have been voted one of the Best Places to Work in Rhode Island since 2011!

The Washington Trust Company, and each of its subsidiaries and affiliates are committed to providing equal employment opportunities to all employees and applicants as protected by state and/or federal law.