Controller/Deputy CFO

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

Benefits offered by this job

Health Care Plan (Medical, Dental &amp

Retirement Plan (401k, IRA)

Paid Time Off

Family Leave

Work From Home

Job summary

Hold Brothers LLC, a self-clearing broker-dealer specializing in proprietary trading in US equities, headquartered in New York, seeks a Deputy CFO to oversee day-to-day accounting under the CFO. The role includes payroll, financial reporting, and regulatory compliance across the firm and affiliates.

Responsibilities include monthly close, fee/expense allocations, treasury management, audits, and policy development to strengthen internal controls.

Qualifications

• Bachelor’s degree required; CPA preferred.
• Series 27 license pursued or obtained.
• 6+ years in accounting for broker-dealer/financial services.
• Proficiency in payroll systems and tax reporting.
• Strong analytical and communication skills.

Responsibilities

• Payroll processing and administration including ADP Workforce Now Time & Attendance administration, new employee setup, payroll audits, payroll tax reporting and reconciliations.
• Ensuring accurate and timely completion of all accounting reports and financials including FOCUS filings.
• Responsible for monthly reconciliations and bookkeeping, prepare and submits wire requests as needed, and travel & entertainment expense oversight and accounting.
• Actively ensuring the firm is in regulatory compliance with net capital requirements.
• Develop and maintain accounting policies, processes and systems to ensure optimal controls for the company.
• Oversee the monthly close of the books, general ledger, and reporting of financial results.
• Prepare weekly and monthly management financial health reports including revenue/expenses with recommendations.
• Experience creating projections, rolling revenue calculations and Pro-Formas.
• Handle treasury functions for Firm and affiliates.
• Coordinate audits and establish/maintain accounting policies and internal controls.
• Work with upper management to resolve BD related financial issues and suggest procedural changes.
• Manage accounts payable/receivable and expense allocations.
• Assist in banking relationships and administration.
• Assist in data gathering for tax filings and annual audit support.

Skills

CPA

Series 27

Dynamics GP

QuickBooks

Advanced Excel

Payroll processing

Financial reporting

Regulatory compliance

Communication

Team collaboration

Education

Bachelor's Degree

Tools

Dynamics GP

QuickBooks

Excel

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 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, prepare and submits 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

• 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

• 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