Chief Financial Officer - Delaware Investment Center

Company: ADP, Inc.
Location: Wilmington
Posted on: May 9, 2025

Job Description:

ADP is hiring a Chief Financial Officer - Delaware Investment CenterThe Chief Financial Officer (CFO) of the ADP Delaware Investment Center will lead a team of six professionals, responsible for accounting, financial reporting, financial planning and analysis. The role also oversees trading operations. The CFO will hold CFO positions for a number of legal entities, including ADP Trust Company, NA, a trust bank which is regulated by the Office of the Comptroller of the Currency (OCC); and the CFO will ensure compliance with regulatory requirements.The Delaware Investment Center manages fixed income portfolios with approximately $40 billion in assets under management. The portfolios include corporate bonds, government securities (US Treasury, Agencies, Canadian government and Canadian government agency obligations, and Canadian provincial bonds), asset-backed securities, commercial mortgage-backed securities, etc.Key Responsibilities:

• Accounting and Finance
  • Oversee month-end, quarter-end and year-end processes and financial reporting in accordance with GAAP.
  • Prepare and present quarterly earnings package to senior management.
  • Lead the annual operating plan, and 3-year strategic plan forecasts.
  • Establish internal controls, implement operating procedures and best practices, work with internal and external auditors, and ensure compliance with SOX (Sarbanes Oxley) requirements.
  • Manage the Delaware Investment Center's budget and approve expense as appropriate.
    • Trading Operations
      • Oversee trading operations covering fixed income securities, overnight investments and reverse repurchases transactions, including portfolio accounting, trade processing and settlement, cash reconciliations, corporate actions and record keeping.
      • Review quarterly pricing validation and ASC820 reporting for ADP's consolidated financial statements.
      • Manage relationships with custodians and banking partners.
        • ADP Trust Company (ADPTC)
          • Oversee the timely filing of the Reports of Condition and Income (Call Report) in compliance with FFIEC banking requirements.
          • Ensure compliance with OCC's regulatory requirements.
          • Present quarterly financial review to the ADPTC board.
          • Lead the vendor management program, service provider contingency plan and annual ADPTC policy review.
          • Work with the technology team on Business Continuity Plan and Disaster Recovery Plan. Provide annual updates to the ADPTC board.
          • Prepare and present quarterly reports to the ADPTC Investment Committee.
          • Together with President of ADPTC, take a leadership role in the OCC full scope exam.
            • Stakeholder management
              • Provide strategic advice and decision support to President and ADP management.
              • Develop and maintain relationships with internal and external stakeholders, including senior management, auditors, regulators (OCC), legal and compliance teams, vendors, and banking partners.
              • Lead recruiting, talent management, and development within the finance team.We are working in a hybrid work environment. This role will require someone to work out of our Wilmington, DE office three days a week with the flexibility to work from home the other two days a week.Qualifications:
                • Bachelor's degree in business, accounting, finance or a related field (required)
                • Master's Degree in Business Administration (MBA),CPA or equivalent professional designation (preferred)
                • 15+ years in finance/accounting, with at least 5 years in an executive leadership role.
                • Proven leadership, management, and strategic decision-making capabilities.
                • Strong interpersonal, communication and presentation skills.
                • Deep understanding of accounting, regulatory compliance, and financial operations.You'll love working here because:
                  • Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
                  • Belong by joining one of nine Business Resource Groups to connect globally with networks and allies who share common interests and experiences.
                  • Grow your career in an agile, fast-paced environment with plenty of opportunities to progress.
                  • Continuously learn through ongoing training, development, and mentorship opportunities.
                  • Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones.
                  • Focus on your mental health and well-being. We're here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another.
                  • Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.
                  • Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.What are you waiting for?Apply now! Jobs.adp.com#LIEXEC#LI-Hybrid#LI-EB2A little about ADP: We are a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration and a leader in business outsourcing services, analytics, and compliance expertise. We believe our people make all the difference in cultivating a down-to-earth culture that embraces our core values, welcomes ideas, encourages innovation, and values belonging. We've received recognition for our work by many esteemed organizations, learn more at .Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP: ADP is committed to an inclusive, diverse and equitable workplace, and is further committed to providing equal employment opportunities regardless of any protected characteristic including: race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, protected veteran status or disability. Hiring decisions are based upon ADP's operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, and job performance.Ethics at ADP: ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click to learn more about ADP's culture and our full set of values.
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Keywords: ADP, Inc., West Orange , Chief Financial Officer - Delaware Investment Center, Executive , Wilmington, New Jersey