Principal Accountant

Franklin Templeton; New York (NY); Hybrid; USD 115,000 - 150,000; Full time

Benefits offered by this job

Paid Time Off

Health Coverage

401(k) with company match

Employee Stock Investment Plan

LEAP education assistance

Employee investment benefits

Job summary

Franklin Templeton is seeking a seasoned regulatory reporting professional to lead and support US GAAP financial reporting for multiple entities. The role requires CPA credentials, strong analytical skills, and a track record with regulatory submissions across US and international jurisdictions.

You will prepare and review filings, coordinate with auditors, and drive intercompany capital transactions while providing business insights across Investment Advisory and Wealth Management operations.

Qualifications

• BA required; MA preferred.
• 5 years preferred; industry experience
• Sound understanding of US GAAP
• Prior history with regulatory reporting
• CPA – required
• FINRA registered preferred (series 99 specifically)
• Excel expertise

Responsibilities

• Prepare and/or review regulatory reporting filings
• US - FINRA FOCUS reports, Banking Call Reports in several jurisdictions, Dept of Treasury TIC-B, and various Dept of Commerce reports and US Census reports
• Canada – OSC M4 and BCAR, CIRO Form 1, OSFI OCFS, ICAAP, StatsCanada
• Bahamas/Cayman – SCB, Central Bank of the Bahamas, CIMA
• Overseeing and compiling several stand-alone audited financials, and working with auditors to fulfill specific audit requests
• Overseeing and coordinating capital transactions with other finance teams (intercompany dividends and capital infusions to subsidiaries)
• Providing business support, internal reporting and analysis covering several key areas of the business, including Investment Advisory, Business Administration, Broker/Dealer, High Net Worth Wealth Management, Transfer Agency, and Internal Operations
• Handling other unidentifiable finance requests required by the business.

Skills

Excel

Financial analysis

Regulatory reporting

Education

BA degree

MA preferred

CPA certification

Job description

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’s success.

About The Department

The group reports directly to the Chief Accounting Officer over the Americas region and is primarily responsible for US regulatory reporting, preparation of stand-alone audited financials, supporting the legal entity teams and other periodic tasks such as impairment reviews and capital transactions. The group also handles unforeseen financial projects that may arise such as business combinations and closures, requests for unaudited financials, process/policy/procedure reviews, etc. The group is also expected to serve as a business support and coordinate the finance and accounting needs of those business groups.

How You Will Add Value

• Prepare and/or review regulatory reporting filings
• US - FINRA FOCUS reports, Banking Call Reports in several jurisdictions, Dept of Treasury TIC-B, and various Dept of Commerce reports and US Census reports.
• Canada – OSC M4 and BCAR, CIRO Form 1, OSFI OCFS, ICAAP, StatsCanada
• Bahamas/Cayman – SCB, Central Bank of the Bahamas, CIMA
• Overseeing and compiling several stand-alone audited financials, and working with auditors to fulfill specific audit requests
• Overseeing and coordinating capital transactions with other finance teams (intercompany dividends and capital infusions to subsidiaries)
• Providing business support, internal reporting and analysis covering several key areas of the business, including Investment Advisory, Business Administration, Broker/Dealer, High Net Worth Wealth Management, Transfer Agency, and Internal Operations
• Handling other unidentifiable finance requests required by the business.

What Will Help You Be Successful In This Role

• BA required; MA preferred
• 5 years preferred; industry experience
• Sound understanding of US GAAP
• Prior history with regulatory reporting
• Highly Analytical
• Open mindedness to new ideas and processes
• CPA – required
• FINRA registered preferred (series 99 specifically)
• Excel expertise

Work Schedule & Location

• This role will work a hybrid schedule in office 3 days/week

Franklin Templeton offers employees a competitive and valuable range of total rewards – monetary and non-monetary – designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $115,000 – $150,000, depending on location and level of relevant experience, plus discretionary bonus.

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That’s why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

Highlights Of Our Benefits Include

• Paid Time Off: Three weeks of PTO in your first year
• Health Coverage: Competitive medical, dental, and vision insurance to support your well-being
• Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits
• Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities
• Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement
• Employee Investment Benefits: Opportunity to purchase company funds with no sales charge

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.