Staff Accountant

Hold Brothers Capital, LLC; New York (NY); On-site; USD 65,000 - 85,000; Full time

Job summary

Hold Brothers Capital, LLC is seeking a Staff Accountant to join our growing finance team in our New York City headquarters. Working closely with the CFO and EVP of Operations & Finance, this individual will be an integral member of the accounting and finance team supporting our global business, including China.

The position is based out of our New York City headquarters located at One Pennsylvania Plaza. The role offers exposure to monthly, quarterly, and annual financial statements, account

Qualifications

• Bachelor’s degree in Accounting, Finance, or relevant field.
• Master’s degree or CPA preferred.
• 1+ years of relevant experience in financial services or public accounting.
• Experience in securities industry or FINRA broker-dealer preferred.

Responsibilities

• Prepare monthly, quarterly, and annual income and balance sheet statements and reconciliations.
• Perform daily account reconciliations and monitor brokerage controls.
• Manage daily accounting duties including payables/receivables and revenue recognition.
• Support internal and external auditors with documentation and memos.
• Stay informed on regulatory developments and advise on control implementations.

Skills

Attention to detail

Analytical skills

Problem solving

Independence

Education

Bachelor’s degree in Accounting/Finance

Master’s degree or CPA preferred

Job description

About the job The firm is currently seeking a Staff Accountant to join our growing team! Working closely with the CFO and EVP of Operations & Finance, this individual will be an integral member of the accounting and finance team supporting our global business, including China. The position is based out of our New York City headquarters located at One Pennsylvania Plaza.

Responsibilities

• Prepare monthly, quarterly, and annual income and balance sheet statements, account reconciliations, and various other accounting statements and reports
• Daily production of account reconciliation and monitoring of other key brokerage operational controls, resolution of breaks between general ledger and sub-ledger systems to uphold integrity of downstream Regulatory Reporting feeds
• Manage the daily segregation of fully paid securities and weekly computation of the firm’s reserve requirements to ensure consistent compliance with net capital rules
• Prepare supporting documentation, technical accounting, and broker-dealer guidance/interpretation memos to internal and external auditors
• Keep abreast of regulatory developments to make strategic recommendations for process and/or control modifications, and oversee any such implementation in compliance with FINRA and SEC requirements
• Manage daily accounting duties including, but not limited to, account payables/receivables, account/vendor reconciliations, revenue recognition and ad-hoc projects as assigned

Requirements

• Bachelor’s degree in Accounting, Finance, or relevant field
• Master’s degree or CPA highly preferred
• 1+ years of relevant prior experience in financial services, or public accounting
• Prior experience in the securities industry or any FINRA registered broker-dealer preferred
• Strong attention to detail and accuracy
• Excellent problem solving and analytical skills and proven ability to work independently in a demanding and fast-paced environment