Controller/Deputy CFO

Hold Brothers Capital, LLC; New York (NY); On-site; USD 170,000 - 220,000; Full time

Benefits offered by this job

Health Care Plan

Retirement Plan

Paid Time Off

Family Leave

Work From Home

Job summary

Hold Brothers Capital, LLC, a self-clearing broker-dealer in US equities, headquartered in New York, seeks a Deputy CFO to manage day-to-day accounting under the CFO, ensure timely financial reporting, regulatory compliance and strong internal controls.

Key duties include payroll administration, monthly close, treasury, audits, tax support and management reporting; requirements are a Bachelor's degree (CPA preferred), Series 27 license (or willing to obtain), 6+ years in broker-dealer

Qualifications

• Bachelor's degree required; CPA preferred.
• 6+ years accounting experience in broker-dealer/financial services.
• Willing to obtain Series 27 license.
• Strong Excel and accounting software skills.

Responsibilities

• Payroll processing and administration including ADP Workforce Now.
• Ensure timely accounting reports and FOCUS filings.
• Monthly close, general ledger and reporting of financial results.
• Treasury management and banking relations.
• Coordinate audits and strengthen internal controls.
• Data gathering for tax filings and audits.

Skills

Accounting experience

Payroll processing

Financial reporting

Regulatory compliance knowledge

Analytical skills

Education

Bachelor's Degree

CPA preferred

Series 27 license (willing to obtain)

Tools

Microsoft Dynamics GP

QuickBooks

Excel (Advanced)

ADP Workforce Now

Job description

About the Job

Self-Clearing Broker Dealer with Specialization in Proprietary Trading in US Equities Markets, headquartered in New York, NY is seeking a highly motivated Deputy CFO to join our dynamic team. Under the direction of the CFO, you will work on day-to-day accounting responsibilities of a self-clearing proprietary trading firm.

Responsibilities

• Payroll processing and administration including ADP Workforce Now Time & Attendance administration, new employee set-up, payroll audits, payroll tax reporting and reconciliations, etc
• Ensuring accurate and timely completion of all accounting reports and financials including FOCUS filings
• Responsible for monthly reconciliations and bookkeeping, preparing and submitting wire requests as needed, and travel & entertainment expense oversight and accounting
• Actively ensuring the firm is in regulatory compliance with net capital requirements
• Has the ability to develop and maintain concrete accounting policies, processes and systems to ensure optimal controls for the company
• Oversee the monthly close of the company books, the general ledger, and reporting of financial results
• Prepare weekly and monthly management financial health reports which will include revenue/expenses as well as financial comments with recommendations
• Has experience creating projections, rolling revenue calculations and Pro-Formas
• Handle treasury functions for Firm and affiliates
• Coordination of audits and the establishment and constant improvement of accounting policies which will include the development of efficient and effective processes that also support key areas of the business as well as internal controls
• Work with upper management in identifying and resolving BD related financial issues and suggesting procedure changes as necessary
• Account Payables/Receivables accounting and expense allocations
• Assist in managing new and existing banking relationships and administration
• Assist in data gathering for all tax filings and annual audit support

Requirements

• Bachelor's Degree required / CPA preferred
• Has or willing to obtain Series 27 license
• Microsoft Dynamics GP experience preferred
• 6+ years experience in accounting function at a broker dealer, clearing firm, or financial services industry
• QuickBooks or equivalent accounting platforms and advanced Excel skills required
• Prior Payroll experience preferred
• An understanding of financial reporting systems, procedures, and controls
• Strong analytical, critical-thinking and problem-solving skills
• Ability to effectively communicate and interact with all levels of management and work in a team-oriented environment
• Ability to collaborate effectively with business partner

Benefits

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Work From Home
• Salary Range: $170,000 - $220,000