Financial Business Partner

NewEdge Capital Group•New Orleans, LA

14d

About The Position

NewEdge Advisors (NEA) is seeking a highly skilled, service-minded Financial Business Partner with a positive, solutions-oriented approach. This role serves as a financial point of contact for the RIA, working directly with advisors, home office staff, and the corporate finance team to ensure the financial health and integrity of the business. The Financial Business Partner will report directly to the Controller and will ideally be based in New Orleans, LA. The ideal candidate brings a deep understanding of RIA financial operations and the ability to translate complex financial data into clear, actionable insights for advisors and leadership. This person will be a trusted partner to the business — not only ensuring accuracy across billing, compensation, and reporting, but also proactively identifying trends, supporting strategic planning, and driving growth for advisors across the firm.

Requirements

Demonstrated ability to compare and reconcile multiple datasets, document procedures for complex processes, and implement quality control checks that ensure accuracy across the firm.
Advanced proficiency in Microsoft Excel; working knowledge of Microsoft Office suite.
Experience with financial reporting and data visualization platforms, including Tableau, Salesforce, and/or Power BI.
Strong written and verbal communication skills; ability to clearly and concisely explain complex financial information to non-financial audiences.
Ability to organize, prioritize, and manage multiple workstreams within established timeframes while maintaining a high standard of accuracy.
Demonstrated ability to investigate, research, and resolve problems independently.
Professional demeanor with the ability to maintain confidentiality and build trusted relationships across the organization.

Nice To Haves

Experience with custodial platforms including Fidelity, Schwab, Raymond James, Goldman Sachs, and/or LPL Clearing.
Familiarity with RIA-specific systems such as Orion and related wealth management technology.
FINRA SIE, Series 7, and/or Series 65/66 licensure.
Background in financial services, wealth management, or a multi-entity operating environment.

Responsibilities

Financial Operations & Analysis Develop a thorough understanding of all data sources used in the calculation of revenues, internal and external expenses, client billing schedules, and advisor pricing and servicing agreements.
Reconcile transactions and fees by collecting and comparing data across multiple sources including custodial platforms, Orion, SalesForce, Nexus, and other systems.
Support and manage the month-end close process to ensure accurate advisor branch financial data is delivered to the advisor, firm leadership, Operations and the corporate finance team on time.
Analyze & create financial statements and other outputs to proactively identify trends, anomalies, and opportunities for improvement.
Conduct detailed analysis of Income Statement, Balance Sheet, and Cash Flow across an operating perspective, using KPIs and other performance drivers to build multi-year financial models.
Strategic Planning & Business Partnering Support budget development, reforecasting, and ongoing financial projections for NEA, serving as a collaborative partner to operations and leadership teams.
Prepare financial analyses and presentations for C-suite and Executive Board consumption, translating data into clear narratives and recommendations.
Develop, maintain, and monitor business performance metrics and KPI dashboards that enable leadership to make informed, data-driven decisions.
Assemble and summarize data across multiple business functions including Financial Operations, Human Resources, and Operations as needed.
Reporting & Technology Create and manage repeatable, standardized monthly and quarterly reports for NEA leadership and advisor teams — including AUM, brokerage and advisory production, profitability by team and advisor, and account-level summaries — delivered through Nexus, Tableau and/or Salesforce.
Maintain accurate RIA and custodial reporting and documentation to support audit readiness; serve as the primary contact for internal and external audit requests.
Create and maintain advisor affiliation P&L’s.
Analysis of affiliation P&L’s compared to budget.
Manage, submit, and approve invoices and expenses for the RIA; work with external vendors, custodians, and advisor offices on invoice submission, advisory adjustments, custodial reimbursements, and accounts receivable and payable.
Complete ad hoc analyses and reporting as requested by leadership.