Financial Accounting Associate

Madison-Davis, LLC; New York (NY); On-site; USD 110,000 - 160,000; Full time

Job summary

Madison-Davis, LLC, a leading financial services organization, seeks an experienced accounting professional to support financial accounting, reporting, reconciliations, month-end close, and accounting operations. The role covers loans, deposits, securities, derivatives, money market products, and repos, providing technical accounting guidance and mentoring junior staff.

The ideal candidate will have CPA certification, advanced Excel skills, and strong financial accounting and reporting

Qualifications

• CPA certification required.
• Strong financial accounting and reporting experience.
• Experience with loans, deposits, securities, derivatives and repo products is preferred.

Responsibilities

• Prepare and review daily and monthly monitoring, reconciliations, and financial reports.
• Perform month-end book closing and support preparation of financial statements.
• Review accounting activity related to loans, deposits, securities, derivatives, money market products, and repo.
• Mentor and provide technical guidance to junior accounting staff.
• Coordinate with external auditors and internal stakeholders through audit cycles.
• Research accounting standards and determine appropriate treatment for existing and new products.
• Enhance accounting procedures, controls, and processes to improve efficiency and accuracy.
• Respond to accounting and reporting inquiries from senior stakeholders and other business units.
• Participate in accounting system implementations, enhancements, and business projects.
• Perform or oversee daily general ledger closing processes as assigned.

Skills

Advanced Excel

Financial accounting

Education

CPA certification

Job description

ABOUT THE ROLE

A leading financial services organization is seeking an experienced accounting professional to support financial accounting, reporting, reconciliations, month-end close, and accounting operations. This role will work extensively with financial products including loans, deposits, securities, derivatives, money market products, and repo transactions. The position will also provide technical accounting guidance, mentor junior team members, coordinate with auditors and internal stakeholders, and contribute to process improvements and accounting system enhancements. The ideal candidate brings strong financial accounting and reporting expertise, advanced Excel skills, and a CPA certification.

RESPONSIBILITIES

• Prepare and review daily and monthly monitoring, reconciliations, and financial reports.
• Perform month-end book closing and support preparation of financial statements.
• Review accounting activity related to loans, deposits, securities, derivatives, money market products, and repo.
• Mentor and provide technical guidance to junior accounting staff.
• Coordinate with external auditors and internal stakeholders through audit cycles.
• Research accounting standards and determine appropriate treatment for existing and new products.
• Enhance accounting procedures, controls, and processes to improve efficiency and accuracy.
• Respond to accounting and reporting inquiries from senior stakeholders and other business units.
• Participate in accounting system implementations, enhancements, and business projects.
• Perform or oversee daily general ledger closing processes as assigned.