Job Description
CHIEF FINANCIAL OFFICER
Dunham & Associates Holdings, Inc. and its subsidiaries (collectively, “Dunham”) is a thought leader in the financial services industry. The way we work is a direct reflection of our company culture; we believe in accountability, putting our clients first, and constantly striving for growth. Since 1985, Dunham has grown to become a multi-billion-dollar firm. We work with close to 1,400 Financial Advisors across all 50 states.
Dunham & Associates Investment Counsel, Inc., a subsidiary of Dunham, is an independently owned, registered Broker/Dealer and Investment Adviser helping Financial Advisors and individual investors reach their long-term goals. The firm's focus is on providing disciplined wealth management solutions and related services.
Job Summary: (Purpose of Job) The Chief Financial Officer is responsible and accountable for all aspects of the Company’s financial management (financial control and reporting, tax compliance, budgeting, etc.) for five affiliated corporate entities. Participates as a C-Level executive management team member.
This position is based in our San Diego office, and it requires an onsite presence. Essential Functions: (Primary Responsibilities)- Collaborates with C-Level peers to develop and execute strategic long-term plans, fiscal policies, growth strategies, product development, employee development, etc.;
- Ensures timely and accurate financial reporting for CEO, President, regulators, Department Heads, Board of Directors, etc.;
- Serves as Treasurer and Principal Accounting Officer for the Dunham Funds trust (assists in required reporting, participates in board meetings, approves fund expenses, etc.);
- Serves as the Company’s FINOP (Financial and Operations Principal) pursuant to FINRA requirements (responsible for maintaining required regulatory net capital; monthly, quarterly and annual filings; administrator of FINRA Gateway system for Firm);
- Serves as a Board Member and member of various committees of Dunham Trust Company (DTC);
- Prepares quarterly DTC board meeting materials, minutes and annual shareholder meeting information;
- Directs the comprehensive (multi-entity, multi-departmental) annual budget process and prepares forecasts and three-year strategic plans as required;
- Oversees Human Resources Director including compensation structures, employee insurance and other benefits;
- Oversees the Controllership function including financial and regulatory reporting, payroll, commission payments, general ledger, debt service, inter-company eliminations, etc.;
- Oversees the Accounting Manager and Staff Accountant functions including accounts payable, employee T&E reporting, fixed assets, prepaid accounting, unclaimed and unsecured property taxes;
- Administers the Company’s 401(k) plan;
- Administers the Company’s Employee Stock Purchase Plan and tracks basis for all participants;
- Administers the Great Plains/Microsoft Dynamics accounting system;
- Completes various annual license renewals (trust company license, business licenses, Secretary of State filings, etc.);
- Performs detailed commission tracking and calculation for RDs (Regional Directors) and BDAs (Business Development Associates);
- Stays abreast of changes in technical accounting pronouncements and other accounting policies, tax law, relevant SEC and Nevada FID regulations, etc.;
- Formulates/enhances objectives, policies and procedures for finance, human resources and compliance as required;
- Primary interface with external auditors for annual financial audits (prepares all financial statements and footnotes) and participates in various other audits;
- Primary liaison with bank(s) for accounts, account analysis, cash management, etc.;
- Performs acquisition due diligence, analysis and accounting (have completed ATC, Provident, CB&T, GSN, PEA);
- Performs complex consolidated federal and multi-state income tax accounting and preparation in conjunction with outside CPAs (C-Corp, QSSS, CA FTB, NV, Commerce Tax, PA, TX, IRS plus other minor states); prepares quarterly tax estimates; optimizes tax strategies to reduce tax liabilities;
- Handles all aspects of corporate insurance (E&O/D&O, trust professional liability, commercial package, Financial Institutions Bond (Fidelity Bond), workers compensation, cybersecurity, etc.).
Back-Up Functions: (Secondary Responsibilities)- Backup for various departmental functions, as needed;
- Backup for COO and Compliance, as needed.
Education Required: - Bachelor’s Degree in Accounting or Finance; MBA or CPA preferred;
- Holds FINRA Series 27 (FINOP) license (or willing to obtain).
Experience Required: - Ten plus years of experience in similar role at broker dealer, investment advisory firm, trust company or similar financial institution;
- Keen level of knowledge of financial accounting and reporting (GAAP), tax accounting and relevant industry rules;
- Prior management, leadership and supervisory experience;
- M&A, public company reporting and financial transactions experience helpful;
- Excellent strategic planning and innovation skills with a willingness to be part of the Company’s C-Level leadership team, helping to steer the firm into the future in a highly competitive industry;
Special Skills Required: - Strong business acumen with excellent problem-solving, cognitive thinking and analytical skills;
- Strong computer skills with particular emphasis in accounting software packages and MS Office products;
- Ability to prioritize multiple projects and responsibilities and work under pressure with multiple deadlines;
- Highly ethical;
- Strong attention to detail and organizational skills;
- Excellent verbal, written and interpersonal skills with the ability to explain financial concepts and results to others;
- Ability to think and work independently as well as in a team environment;
- Self-starter with strong work ethic, enthusiasm, and ability to energize others;
- Ability to read and comprehend legal, financial, contracts and other technical documents;
- Ability to take initiative, implement new ideas and influence others to produce better decisions;
- Ability to develop and manage successful internal and external relationships.
Salary DOE: $200,000 to $275,000 base plus discretionary bonus option
Dunham offers a complete benefits package to full-time employees who regularly work more than 30 hours per week. Interns and temporary employees are not eligible for these benefits.
Health & Welfare
Medical, Dental & Vision (choices vary by state)
Life and AD&D Insurance (company paid)
Short-Term & Long-Term Disability (company paid)
Long-Term Care Insurance (company paid)
Flexible Spending Plans (Medical and Dependent Care)
Employee Assistance Plan (company paid)
Domestic Partner benefits
Aflac
Other Great Benefits!
401(k) Plan with generous company match
Employee Stock Purchase Plan
Paid Time Off (PTO) and Holiday benefits
Company-Sponsored Events
Job Tags
Full time, Temporary work, Flexible hours,