Staff Accountant

Phaxis; New York (NY); On-site; USD 65,000 - 85,000; Full time

Job summary

Phaxis in New York, NY is seeking an entry-level to associate-level Accountant to prepare monthly, quarterly, and annual financial statements, perform reconciliations, and support regulatory reporting.

You will collaborate with internal teams, assist with audit support, and help maintain controls in a fast-paced financial services environment, leveraging a Bachelor's in Accounting and 1+ year of experience.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline required.
• CPA or advanced degree preferred for advancement.
• 1+ years of accounting experience within financial services, public accounting, or similar environment.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, account reconciliations, and supporting schedules.
• Perform daily account reconciliations and monitor key operational and financial controls.
• Research and resolve discrepancies between the general ledger and sub-ledger systems to maintain accurate financial and regulatory reporting.
• Support daily segregation calculations for fully paid securities and assist with weekly reserve requirement computations.
• Maintain accounting processes and controls in accordance with applicable SEC and Client requirements.
• Prepare audit support documentation, accounting analyses, and technical or regulatory accounting memos for internal and external stakeholders.
• Monitor regulatory and accounting developments and assist with implementing updates to processes, procedures, and internal controls.
• Handle day-to-day accounting activities, including accounts payable, accounts receivable, vendor and account reconciliations, and revenue recognition.
• Partner with internal teams to research accounting issues, improve processes, and support ad hoc financial projects.

Skills

Analytical thinking

Attention to detail

Independent worker

Time management

Education

Bachelor's degree in Accounting, Finance, or a related discipline

CPA or advanced degree preferred

Tools

General Ledger software

Job description

• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, account reconciliations, and supporting schedules.
• Perform daily account reconciliations and monitor key operational and financial controls.
• Research and resolve discrepancies between the general ledger and sub-ledger systems to maintain accurate financial and regulatory reporting.
• Support daily segregation calculations for fully paid securities and assist with weekly reserve requirement computations.
• Maintain accounting processes and controls in accordance with applicable SEC and Client requirements.
• Prepare audit support documentation, accounting analyses, and technical or regulatory accounting memos for internal and external stakeholders.
• Monitor regulatory and accounting developments and assist with implementing updates to processes, procedures, and internal controls.
• Handle day-to-day accounting activities, including accounts payable, accounts receivable, vendor and account reconciliations, and revenue recognition.
• Partner with internal teams to research accounting issues, improve processes, and support ad hoc financial projects.

Key Responsibilities

• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, account reconciliations, and supporting schedules.
• Perform daily account reconciliations and monitor key operational and financial controls.
• Research and resolve discrepancies between the general ledger and sub-ledger systems to maintain accurate financial and regulatory reporting.
• Support daily segregation calculations for fully paid securities and assist with weekly reserve requirement computations.
• Maintain accounting processes and controls in accordance with applicable SEC and Client requirements.
• Prepare audit support documentation, accounting analyses, and technical or regulatory accounting memos for internal and external stakeholders.
• Monitor regulatory and accounting developments and assist with implementing updates to processes, procedures, and internal controls.
• Handle day-to-day accounting activities, including accounts payable, accounts receivable, vendor and account reconciliations, and revenue recognition.
• Partner with internal teams to research accounting issues, improve processes, and support ad hoc financial projects.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline required.
• CPA or advanced degree is preferred.
• 1+ years of accounting experience within financial services, public accounting, or a similar environment.
• Experience within the securities industry or a Client-registered broker-dealer is strongly preferred.
• Knowledge of broker-dealer accounting, regulatory reporting, or SEC/Client requirements is a plus.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Ability to work independently, manage competing priorities, and meet deadlines in a fast-paced environment.