Financial Systems Director - Close & Consolidation

Financial Systems Director - Close & Consolidation

Location: Boston, MA, United States

Date Posted: Sep 2, 2026

Share:

Apply Now

Save Job Saved

Description

Job Location

The primary work location for this role is Berwyn, PA, Boston, MA, or Raleigh, NC with a hybrid work model.

About Envestnet

Envestnet is an adaptive WealthTech company that is redefining the future of wealth management by helping advisors meet the moment with its comprehensive technology, actionable insights, and industry leading support. Backed by over 25 years of experience and approximately $7.0 trillion in platform assets, Envestnet is trusted by over one third of financial advisors across leading banks, wealth managers, brokerages, and RIAs.

For a deeper look at how Envestnet is shaping the future of financial advice, visit www.envestnet.com.

The Team You'll Join

The Financial Systems team at Envestnet plays a critical role in powering the technology behind the company's finance operations, building and enhancing the systems that support reporting, reconciliation, and the close process. Partnering closely with Finance stakeholders, the team develops integrations, dashboards, and automation within Oracle Fusion to ensure accurate, scalable, and efficient financial data flow across the organization. By combining deep technical expertise with business insight, they drive continuous improvement in how financial processes are executed-making it an exciting space for those who enjoy solving complex problems at the intersection of finance and technology.

How You'll Contribute

Responsible for design, development, support and optimization of Envestnet's critical software programs that power wealth management, data aggregation and operational workflows. Ensures applications are highly available, secure and compliant with company and regulatory standards, while meeting the needs of advisors, clients and internal teams. Manages integrations, monitors performance and ensures effective incident resolution. Ensures applications are scalable, efficient and resilient.

• Provides expertise and advice to influence decisions and priorities related to Enterprise Applications processes and service delivery.
• Packages IT elements into repeatable deployments using automation techniques and technologies.
• Reviews, proposes and recommends best practices related to application development, deployment and ongoing support.
• Selects and conducts proof-of-concept exercises on tools needed to support application development, deployment and operation.
• Evaluates and recommends strategies for using emerging operational technologies.
• Works with colleagues and vendors to evaluate products and solutions that will improve or enhance application services.
• Assesses usage and utilization trends, making design and implementation recommendations toward scaling an infrastructure's architecture.

Oracle EPM / FCCS Platform Ownership

• Own Oracle FCCS configuration: metadata hierarchies, consolidation rules, calculation sequences, and data forms
• Write and maintain FCCS Groovy scripts for consolidation logic, currency translation, and close automation
• Configure and govern FDMEE / Oracle Data Management workflows, data load rules, and source-system mappings
• Drive FCCS refresh automation using EPM Cloud Automate to support accelerated close timelines
• Administer Oracle ARCS (Account Reconciliation Cloud Service) or govern BlackLine operations; conduct future-state evaluation of Oracle ARCS migration
• Develop and maintain Smart View templates for Finance and Accounting users

Close & Consolidation Process Ownership

• Stabilize and govern Oracle FCCS consolidation process - eliminate recurring month-end failures related to account combo propagation and refresh timing
• Design and implement intercompany transaction elimination strategy and controls, including new India-US flows
• Manage entity and consolidation hierarchy across US and India operations, including new entity onboarding
• Co-own India Tally-to-Oracle Fusion migration: FCCS extract design, INR functional currency setup, multi-currency translation validation, and intercompany elimination rules
• Partner with EY on ledger architecture decisions affecting consolidation (currency conversion, SLA rate types, reporting currency configuration)
• Establish close calendar, control testing framework, and audit coordination process
• Drive month-end close cycle time from current state to sub-7-day (Year 1) and 3-5-day (Year 2+) targets

ASC 606 Revenue Recognition Governance

• Own ASC 606 revenue recognition program across all lines of business: govern the existing automated engine (Tamarac, PC - automated, 300+ tests, penny-perfect) and extend to MoneyGuide and future LOBs
• Serve as primary financial systems partner to the CAO on revenue recognition methodology, SSO arrangement accounting, and variable consideration
• Ensure rev rec automation outputs are audit-ready and SOX-compliant

Cross-Pillar Partnership

• Erite functional specifications and consolidation data pipeline requirements for the Integration & Workato Platform team; review technical designs and validate outputs
• Partner with Director, Data & Analytics to ensure close and consolidation data is available in the analytics platform (Snowflake/EFRE) for real-time reporting
• Coordinate with Director, Revenue & Billing on billing-to-GL cutoff timing and reconciliation handoff

TECHNICAL DEPTH REQUIRED

• Oracle FCCS: Hands-on configuration: metadata, data forms, consolidation and translation rules, Groovy script development and debugging
• EPM Cloud Automate: Job scheduling, close automation sequences, and dependency management
• FDMEE / Oracle Data Management: Workflow configuration, data load rules, location and mappings setup
• Oracle ARCS / BlackLine: Reconciliation template configuration, matching rules, close governance
• Smart View: Template development, connection management, and user administration
• Oracle Fusion GL: Chart of accounts, consolidation sets, OTBI/BIP reporting
• Integration literacy: Ability to review REST API payloads, validate data pipeline designs, and specify integration requirements for engineers - you will not write ETL code but you must be able to specify and validate it

ACCOUNTING DEPTH REQUIRED

• ASC 606 revenue recognition (5-step model) - experience operating and governing automated rev rec processes in a SaaS/subscription business
• ASC 830 foreign currency translation and remeasurement - understanding of functional vs. reporting currency, CTA, and multi-entity consolidation mechanics
• Intercompany elimination methodology for complex multi-entity structures across jurisdictions
• SOX compliance for financial close: ITGCs, automated controls, evidence collection, and audit coordination
• Multi-ledger consolidation architecture - able to discuss design trade-offs with EY and the CAO

What You'll Need to Bring

• Candidates should demonstrate the relevant experience, skills, and capabilities needed to successfully perform in the role. Relevant experience may be gained through current responsibilities, prior roles, project work, leadership opportunities, or other comparable experiences.
• Hands-on Oracle EPM/FCCS configuration and close execution experience - not managerial oversight only
• Demonstrated ability to write or meaningfully review FCCS consolidation rules and Groovy scripts
• Experience with multi-currency consolidation architectures including functional currency changes and ASC 830 translation/remeasurement
• Strong knowledge of ASC 606 revenue recognition standards; experience operating and governing automated rev rec processes
• Experience with intercompany eliminations across multi-entity structures
• Experience with BlackLine or Oracle ARCS for account reconciliation governance
• SOX compliance and internal controls background
• Proven ability to operate autonomously in ambiguous, high-urgency environments with minimal direction
• Experience collaborating with offshore technical resources (India preferred)

Nice-to-Haves

• 10+ years of experience in financial consolidation, month-end close, or GL management
• Experience with Oracle Fusion Cloud ERP and EPM Cloud integration (GL-to-FCCS data flows)
• Background in finance transformation or Big 4 consulting (close optimization, FCCS implementation)
• Experience with India accounting systems (Tally ERP) and cross-border consolidation
• Comfort in a data-forward environment (Snowflake, automated pipelines, API-driven integrations)
• Financial services or wealth management industry experience

Why You'll Enjoy Working at Envestnet

Help shape the future of WealthTech. At Envestnet you'll gain hands-on experience and collaborate with some of the industry's brightest minds to deliver meaningful, innovative solutions that make a real difference.

We value flexibility in how and where work gets done, and we recognize strong performance with meaningful rewards-because your contributions should drive both business success and your own personal growth. If you're looking for a place where your work has impact, your development is supported, and your contributions are truly valued, Envestnet is where you can build your future.

The opportunity is now!

Sponsorship

This position is not open to candidates requiring visa sponsorship

Our Investment in You

This role offers a base salary range of $138,500 to $173,100. The range listed represents a good-faith estimate of base salary compensation for this position and does not include incentive compensation, equity or benefits. Individual pay will be determined based on factors including, but not limited to, relevant experience, skills, education, certifications, and geographic location, in accordance with applicable pay transparency laws.  This role is eligible for an additional incentive component as part of the total rewards package.

We provide a comprehensive suite of benefits - subject to Envestnet's plan eligibility rules - that support your overall well-being including, medical insurance, paid time off (PTO), 401k company match, paid parental leave, education reimbursement, disability coverage and mental health & wellness support. Our investment in you means supporting you professionally, financially, and personally at every stage of your journey with us. Please visit our benefits page on our career site to learn more.

Our Commitment to Inclusion & Belonging

Envestnet is an Equal Opportunity Employer and is committed to creating an inclusive environment for all employees and applicants. We welcome and value individuals of all backgrounds and do not discriminate based on race, color, religion, creed, sex (including pregnancy or related medical conditions), gender identity or expression, sexual orientation, national origin, ancestry, age, disability, genetic information, military or veteran status, citizenship status, or any other status protected by applicable law. We encourage individuals from all backgrounds to apply.

We strive to provide an inclusive application and interview process. If you are a candidate with a disability and require reasonable accommodation, please contact us at  [email protected]. Please include your full name, the title of the role you are applying for, and the accommodation necessary to assist you with the recruiting process.

Recruitment Fraud

At Envestnet, safeguarding the trust and safety of job seekers is a top priority. We are aware that scammers may impersonate Envestnet recruiters or create fake job opportunities to deceive candidates. Review the information on our recruitment fraud awareness page to help you recognize and avoid recruitment fraud.

#LI-LM1

Share:

Apply Now