Collaborate with the CEO and senior leadership to oversee the daily operations of a proprietary trading firm.
Work alongside management to pinpoint process enhancements and propose necessary changes.
Execute profit and loss and margin calculations to ensure data reconciliation.
Prepare financial statements and maintain records for the Broker-Dealer in compliance with GAAP, ensuring all regulatory reporting obligations are fulfilled.
Assist the CFO in providing essential support for financial analysis, report generation, and strategic recommendations.
Ensure timely and precise completion of end-of-month, quarter-end, and year-end closing processes.
Stay updated on regulatory changes, advising on process or control adjustments and overseeing their implementation.
Cultivate and maintain relationships with key external entities, including regulatory bodies and auditors, concerning the Broker-Dealer.
Offer strategic insights and value-added perspectives to various organizational sectors and stakeholders across the Firm.
Oversee tax planning and ensure compliance with federal, state, local, payroll, property, and other relevant taxes.
Fulfill the Broker-Dealer's obligations under the financial responsibility rules stipulated by the Securities Exchange Act of 1934.
Demonstrate strong accounting knowledge and provide clear, responsive communication to internal and external stakeholders.
Work cross-departmentally to ensure the seamless integration of financial data and new systems with accounting processes.
Key Tasks
Prepare and analyze FOCUS Reports, Net Capital Computations, Supplemental Schedule of Income (SSOI), Form Custody, and Brokerage Statement Analysis.
Manage activities related to Securities Investor Protection Corporation (SIPC), Annual Audit, and Client Examination Support.
Conduct accounting due diligence, maintain accurate bookkeeping, and undertake other assigned responsibilities.
Qualifications
Education:
Bachelor's degree in Accounting or Finance is mandatory; an advanced degree is advantageous.
Series 27 license is required.
CPA certification is preferred but not mandatory.
Skills And Experience
Possession of Series 27 license.
Ideal candidate should be intelligent, professional, articulate, and possess strong interpersonal and analytical skills.
Over 10 years of relevant experience in broker-dealer operations or finance, specifically in a FINOP or senior finance role at a self-clearing broker-dealer.
Extensive knowledge of broker-dealer operations and regulatory reporting requirements from Client, SEC, and other regulatory bodies.
Strong analytical abilities, capable of synthesizing both quantitative and qualitative data to support decision-making.
High level of reliability with a proven ability to manage sensitive information discreetly.
Broad experience in Operations, Finance, Compliance, Risk Management, Cash Management, and Treasury is advantageous.
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Staffing and Recruiting
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