AP & Commissions Ops Associate

Posted 10 Days Ago
Be an Early Applicant
Dallas, TX
Senior level
Fintech • Financial Services
High-touch wealth management meets modern technology
The Role
The AP & Commissions Ops Associate manages accounts payable and commission operations, ensuring accuracy in distributions, managing vendor relationships, and developing payroll analytics.
Summary Generated by Built In
Company Description

Farther is a rapidly growing RIA that combines expert advisors with cutting-edge technology - delivering a comprehensive, tailored wealth management experience.

Farther’s founders are leaders and innovators from the private wealth industry who possess a unique blend of traditional wealth management, fintech, and technology production expertise. We’re backed by top-tier venture capital firms, fintech investors, and industry leaders.

Joining Farther means joining a collaborative team of entrepreneurs who are passionate about helping their clients and our teammates achieve more. If you’re the type who breaks through walls to get things done the right way, we want to build the future of wealth management with you.

The Role 

As a key member of our growing Finance team, the AP & Commissions Ops Associate will oversee our accounts payable and commissions operations. With a focus on calculating, and reconciling commission payments,as well as processing vendor invoices and employee reimbursements this role ensures seamless payable operations while driving process improvements and system optimizations. You'll combine strategic financial oversight with hands-on execution, focusing on streamlining vendor relationships, optimizing expense management, and ensuring precise compensation administration. You'll play a crucial role in scaling our financial operations while maintaining the highest standards of accuracy and compliance.

Your Impact 

  • Managing monthly commission distributions while ensuring 100% accuracy and compliance
  • Manage the complete commission lifecycle for advisors, including calculations, validations, and distributions
  • Partner with HR teams to validate commission structures and performance data, ensuring alignment with company goals
  • Manage the procure to pay process and systems, including new purchase requests, documenting vendor agreements and scheduling agreement renewals notifications 
  • Direct employee reimbursement programs and expense management
  • Create month-end and year-end payroll reconciliations and reporting
  • Develop and maintain payroll analytics and reporting for key stakeholders

The Ideal Match 

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field
  • 5+ years of progressive experience in Payables management, with demonstrated expertise in complex commission structures
  • Advanced Excel modeling
  • Demonstrated ability to lead process transformation initiatives and drive system modernization
  • Outstanding analytical capabilities with a data-driven approach to problem-solving
  • Exceptional stakeholder management skills with ability to communicate complex financial concepts clearly

Bonus Points 

  • Experience scaling Payable operations in high-growth fintech environments
  • Deep knowledge of RIA compensation models and regulatory requirements
  • Track record of building commission systems for financial services organizations
  • Experience with SOX compliance and internal controls

Why Join Us

  • Competitive comp package that rewards impact
  • Work alongside some of the brightest minds in fintech
  • Ground-floor opportunity at a fast-scaling startup
  • Chart your own growth path as we expand
  • Full health benefits + 401(k) matching & Roth IRA options
  • Unlimited PTO

Ready to disrupt wealth management? Let's talk!

Top Skills

Excel
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The Company
HQ: New York, NY
205 Employees
Hybrid Workplace
Year Founded: 2019

What We Do

Farther is the first to offer both the guidance of an experienced advisor and an elegant, easy-to-use platform – for a truly comprehensive approach to managing significant wealth.

"We are building the future of our industry by marrying cutting-edge technology with human expertise and judgment, so they bring out the best in each other: dramatically improving the wealth management experience for both advisors and clients." - Farther Co-Founders, Brad Genser & Taylor Matthews

Why Work With Us

At Farther, we're reinventing wealth management by uniting cutting-edge technology with transparent financial advice. Our advisors are freed from product-pushing mandates to focus on what matters: building authentic client relationships. Join our team to work with industry veterans who share a vision of transforming finance through innovation and i

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