Financial Operations Manager

Financial Operations Manager (Fairfax, VA)

At Edelman Financial Engines (EFE), our purpose is to guide people with the financial advice they need to thrive. We believe that every dollar saved represents a lifetime of hard work and aspirations, and every dollar invested has a job to do for our clients. That’s why we are committed to managing our clients’ investments by truly understanding them as people first and then delivering advice, strategies and solutions to help them feel confident about the plans they are making, whether for today, tomorrow, or in the great unknown future.

Our goal is to build long-term relationships based on respect, integrity, and a belief that our responsibility is to help people make smart investment decisions in every stage of their lives.

• Own the monthly and quarterly billing cycles for workplace 401(k) plans
• Ensure accurate application of fee schedules, rate tiers, and exclusions
• Validate inputs such as AUM, participant counts, and plan-level configurations

• Design, document, and maintain billing workflows and controls
• Collaborate with IT and Operations to ensure data integrity and system alignment
• Lead mock billing runs and reconciliation processes to ensure audit readiness

• Review and validate data feeds from custodians, recordkeepers, and internal systems
• Identify and resolve discrepancies in account-level data and fee logic
• Partner with compliance to ensure billing practices meet fiduciary and regulatory standards

• Generate billing summaries, variance reports, and revenue forecasts
• Support Finance and Client Service teams with billing-related inquiries and reporting needs

• Recommend enhancements to billing systems and processes
• Participate in cross-functional projects to improve automation and scalability

• Bachelor’s degree in Accounting, Finance, or related field
• 8+ years of experience in billing, financial operations, or accounting
• Experience in the RIA or retirement plan industry strongly preferred
• Strong understanding of fiduciary billing principles and fee structures
• Advanced Excel skills; experience with billing platforms (e.g., Orion, Black Diamond, or similar) a plus
• Detail-oriented with strong analytical and problem-solving skills
• Excellent communication and collaboration abilities

Base salary range $94,500 – $126,000 nationally. Final base pay will be determined based on responsibility, job-related skills, relevant experience, geographic location, and market conditions. This role may also be eligible for discretionary bonus, health, dental, wellness plans, and 401(k) contributions.

Since 1986, Edelman Financial Engines has been committed to always acting in the best interests of our clients. We were founded on the belief that all investors – not just the wealthy – deserve access to personal, comprehensive financial planning and investment advice. Today, we are America’s top independent financial planning and investment advisory firm, recognized by Barron’s 1 with 143+ offices across the country and entrusted by 1.3 million clients to manage more than $300 billion in assets.

Edelman Financial Engines encourages success based on our individual merits and abilities without regard to race, color, religion, creed, sex, gender identity or expression, sexual orientation, pregnancy; marital, domestic partner or civil union status; national origin, citizenship, ancestry, ethnic heritage, genetic information, age, legally recognized disability, military service or veteran status.