Chief Financial Officer / Financial Operations Principal

Hold Brothers LLC; New York (NY); On-site; USD 240,000 - 300,000; Full time

Benefits offered by this job

Paid time off

Health insurance

Dental insurance

Job summary

Hold Brothers Capital, LLC, a leading self-clearing proprietary broker-dealer, is seeking a CFO/FINOP to manage the accounting and regulatory filing functions. Reporting to the CEO, this role covers day-to-day accounting, financial/regulatory reporting, payroll, reconciliations, vendor management, and tax filings, with Series 27 required and close collaboration across teams.

The candidate will produce consolidated financial statements, coordinate with external auditors, regulators, and

Qualifications

• Degree in Accounting or Finance is required; advanced degree is a plus.
• Series 27 is required.
• Experience with Great Plains, ADP Workforce Now, and QuickBooks.
• CPA a plus but not required.
• Minimum of 10+ years combined experience in accounting and as a FINOP.
• Demonstrable experience working with FINRA, SEC, and expert knowledge of regulatory reporting requirements.

Responsibilities

• Partner with CEO, CFO and senior management to work on day-to-day accounting and FINOP responsibilities of a self-clearing proprietary trading firm.
• Preparing financials and books and records for the Broker-Dealer and ensuring all regulatory reporting requirements are met.
• All account reconciliations (weekly, monthly, quarterly, and annual).
• All payroll and payroll processing related functions including ADP Workforce Now Time & Attendance administration and payroll tax reporting and reconciliations.
• Ensuring accurate and timely completion of month-end, quarter-end, and year-end close processes.
• Serve as main point of contact for all banking relationships.
• Keeping abreast of regulatory developments and making strategic recommendations for process/control modifications.
• Maintaining relationships with external stakeholders (regulatory/government bodies, external auditors).
• Contributing value-added and strategic insight to organizational areas within the Firm.
• Managing all tax filings and compliance with all required taxes.
• Supervision of the Broker-Dealer’s responsibilities under Exchange Act rules.
• Collaborating with all departments to consolidate financial information with accounting processes and systems.

Skills

Series 27

10+ years accounting/FINOP

Regulatory reporting

Education

Degree in Accounting or Finance

CPA a plus

Tools

Great Plains

ADP Workforce Now

QuickBooks

Job description

Job Summary

Hold Brothers Capital, LLC, a leading self-clearing proprietary broker-dealer, is seeking a CFO/FINOP to be responsible for our Accounting and Regulatory Filing functions. Reporting to the CEO, this role is responsible for hands‑on day‑to‑day accounting including, but not limited to: financial and regulatory reporting, accounting controls, payroll, account reconciliations, vendor management, accounts payables/receivables, tax filings, and all other related FINOP and accounting responsibilities. This individual will collaborate with business unit and functional teams for the end‑to‑end process in producing consolidated financial statements and related disclosures. Series 27 is required.

Essential Functions

• Partner with CEO, CFO and senior management to work on day to day accounting and FINOP responsibilities of self‑clearing proprietary trading firm.
• Preparing financials and books and records for the Broker‑Dealer and ensuring all regulatory reporting requirements are met.
• All account reconciliations (weekly, monthly, quarterly, and annual)
• All payroll, and all payroll processing related functions including: ADP Workforce Now Time & Attendance administration, ensuring accuracy of payroll submissions, new employee set‑up, management of internal and external payroll audits, payroll tax reporting and reconciliations, etc.
• Ensuring accurate and timely completion of the month‑end, quarter‑end, and year‑end close process.
• Serve as main point of contact for all banking relationships.
• Keeping abreast of regulatory developments and making strategic recommendations for process/control modifications and the oversight of their implementation.
• Maintaining relationships with key external stakeholders (regulatory/government bodies, external auditors) as it pertains to the Broker‑Dealer.
• Contributing value‑added and strategic insight to organizational areas within the Firm and other stakeholders throughout the business.
• Managing all tax filings, planning, and compliance with all required federal, state, local, payroll, property and other applicable taxes.
• Supervision and/or performance of the Broker‑Dealer’s responsibilities under all financial responsibility rules promulgated pursuant to the provisions of the Securities Exchange Act of 1934 (Exchange Act).
• Collaborating with all departments to ensure financial information and new systems will efficiently and accurately consolidate with accounting processes and systems.
• Facilitating and/or performing the following duties:

• Accounts Payables/Account Receivables
• Account and vendor reconciliations
• Vendor management
• FOCUS Reports
• Net Capital Computations
• Annual Audit Support
• FINRA Examination Support
• Accounting Due Diligence
• Bookkeeping
• Other duties as assigned

• Degree in Accounting or Finance required; Advanced degree is a plus
• Series 27 required
• Experience with Great Plains, ADP Workforce Now, and QuickBooks
• CPA a plus but not required

• Minimum of 10+ years combined experience in accounting and as a FINOP.
• Demonstrable experience working with FINRA, SEC, and expert knowledge of regulatory reporting requirements.

Paid time off, Health insurance, Dental insurance

Salary: $240,000 - $300,000