Accountant, Regulatory Reporting

Wedbush Securities; Pasadena (CA); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Comprehensive benefits package

Health Savings Account with companys-p

Flexible Spending Accounts (FSA)

401(k) with company match

Tuition reimbursement

Paid Time Off

Paid Holidays

Volunteer time off

FINRA License Sponsorship

Job summary

Wedbush Securities seeks a Regulatory Reporting Accountant in Pasadena, CA, to prepare 15c3-3 customer/PAB reserve computations, 15c3-1 net capital, and FOCUS reports. You will generate daily/monthly regulatory schedules and support audits, collaborating across departments to ensure accurate financial statements.

The role requires a bachelor’s in accounting/finance, 2+ years in financial services, and FINRA SIE & Series 99 or the ability to obtain within a year.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field.
• Two years’ experience within the financial services industry preferred.
• FINRA SIE & Series 99 or ability to obtain within 1 year.
• Excellent analytical skills with meticulous attention to detail.
• Ability to analyze processes and improve efficiency of procedures.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across departments.
• Highly proficient in MS Excel and Word; adept at learning new software applications.

Responsibilities

• Prepare Customer/PAB Reserve Computations (15c3-3).
• Prepare Net Capital (15c3-1) and FOCUS reports.
• Prepare daily and monthly reports and schedules to support regulatory and accounting processes.
• Assist with internal and external audits and regulatory examinations.
• Collaborate with various departments within the firm to reconcile differences and calculate components critical to the financial statements and regulatory reports.
• Perform general accounting duties for the broker dealer including reconciliations, journal entries, allocations, etc.
• Fulfill ad hoc requests as needed.
• Perform other duties and tasks as required and assigned.

Skills

Analytical skills

Attention to detail

MS Excel

MS Word

Communication

Team collaboration

Education

Bachelor’s degree in Accounting or Finance

Tools

MS Excel

MS Word

Job description

Wedbush Securities is one of the largest securities firms andinvestment banks in the nation. We provide innovative financialsolutions through our Wealth Management, Capital Markets, Futures andAdvanced Clearing & Prime Services divisions. Headquartered in LosAngeles, California with over 100 offices and more than 80correspondent offices, our commitment to providing relentless,customized service is the foundation of our consistent growth.

Our Regulatory Reporting Department at Wedbush Securities is seekingan experienced professional to join our team as a Regulatory ReportingAccountant. Reporting directly to the AVP, Regulatory Reporting, thisrole will focus on the preparation of the customer/PAB reservecomputation (15c3-3), net capital (15c3-1) and FOCUS reporting

Responsibilities include, but are not limited to:

• Prepare Customer/PAB Reserve Computations (15c3-3).
• Prepare Net Capital (15c3-1) and FOCUS reports.
• Prepare daily and monthly reports and schedules to supportregulatory and accounting processes.
• Assist with internal and external audits and regulatory examinations.
• Collaborate with various departments within the firm to reconciledifferences and calculate components critical to the financialstatements and regulatory reports
• Perform general accounting duties for the broker dealer includingreconciliations, journal entries, allocations, etc.
• Fulfill ad hoc requests as needed
• Perform other duties and tasks as required and assigned

Experience and Skills

• Bachelor’s degree in Accounting, Finance or related field.
• Two years’ experience within the financial services industry preferred
• FINRA SIE & Series 99 or ability to obtain within 1 year
• Excellent analytical skills with meticulous attention to detail.
• Ability to analyze processes and improve efficiency of procedures.
• Strong communication and interpersonal skills, with the ability tocollaborate effectively across departments.
• Highly proficient in MS Excel and Word; adept at learning newsoftware applications.

What We Offer

As part of our overall compensation package, Wedbush Securitiesoffers an array of diverse benefits to all our colleagues. Webelieve that providing competitive benefit options yields theadvantageous reward of establishing a healthy and inclusivefoundational work culture.

• Comprehensive medical, dental, and vision coverage withmultiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• 401(k) plan with discretionary, competitive company matchingand profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Parental Bonding, Military, Jury Duty, VolunteerTime Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this rolehas not been adjusted for the applicable geographic location. Areasonable estimate of the current range is $60,000 to $80,000.Colleagues may be eligible for additional, discretionary incentivecompensation based on the colleague's and the firm's performance.Decisions regarding compensation are determined on a case-by-casebasis and are dependent on a variety of factors including but notlimited to skill sets; experience and training; licensure andcertifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal EmploymentOpportunity employer. WS does not discriminate based on race,religion, color, creed, sex, sexual orientation, gender, genderidentity or expression, national origin, ancestry, citizenshipstatus, registered domestic partner status, uniform service memberstatus, marital status, pregnancy, age, medical condition,disability, genetic information, family care or medical leavestatus, or any other consideration made unlawful by applicablefederal, state, or local laws, or on the basis that an applicantor Colleague is perceived to have these characteristics or isassociated with someone who is perceived to have thesecharacteristics. WS aims to foster a culture of inclusion whereall Colleagues are valued for their unique contributions to thefirm as well as provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm theeligibility of all newly hired employees to work in the UnitedStates. Learn more about E-Verify, including your rights andresponsibilities, here https://www.e-verify.gov/employees/e-verify-overview

This position is subject to various laws or regulations thatimpose restrictions or prohibitions for employment with Wedbushdue to criminal history. Those laws or regulations include but arenot limited to, the following: Securities Exchange Act of 1934(SEA) Rule 17a-3, et. seq,, Financial Industry RegulatoryAuthority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRARegulatory Notice 07-55.

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