VP Finance

Hold Brothers; New York (NY); Hybrid; USD 140,000 - 170,000; Full time

Benefits offered by this job

Health Care Plan (Medical, Dental &amp

Retirement Plan (401k, IRA)

Paid Time Off (Vacation, Sick & PH

Family Leave (Maternity, Paternity)

Work From Home

Job summary

Hold Brothers Capital, LLC is a leading self-clearing broker-dealer in New York seeking an experienced accounting professional to join our finance team. The role reports to the CFO and focuses on day-to-day accounting for a proprietary trading firm, with emphasis on accuracy and internal controls.

You will manage payroll, reconciliations, month-end close, regulatory reporting, and financial health analyses, while supporting audits and policy development.

Qualifications

• Bachelor’s Degree required; CPA preferred.
• Series 27 is a plus, but not required; must be willing to test.
• Microsoft Dynamics GP a plus; prior broker-dealer experience a plus.
• QuickBooks or equivalent accounting platforms and advanced Excel skills required
• Prior payroll experience preferred
• Minimum of 3+ years accounting experience
• Experience in broker-dealer/financial services accounting a plus
• Strong analytical, problem-solving and communication skills

Responsibilities

• Payroll processing and administration including ADP Workforce Now Time & Attendance.
• Ensure accurate and timely completion of all accounting reports and financials including FOCUS filings.
• Monthly reconciliations and bookkeeping; manage wire requests and travel/entertainment expense oversight.
• Oversee monthly close, general ledger, and reporting of financial results.
• Prepare weekly and monthly management financial health reports with revenue/expense comments.
• Develop and maintain accounting policies, processes, and internal controls.
• Coordinate audits and assist in tax filings and annual audit support.
• Assist in managing banking relationships and data gathering for tax filings

Skills

Payroll processing

ADP Workforce Now

General ledger

Financial reporting

Excel proficiency

Regulatory compliance

Internal controls

Education

Bachelor’s Degree

CPA preferred

Series 27 a plus

Tools

Microsoft Dynamics GP

QuickBooks

Excel

Job description

Hold Brothers Capital, LLC is a leading direct access trading firm that deals primarily with the trading of domestic equities. We offer traders internationally the latest technology that enables high speed direct access to the equity markets through our proprietary software and API connectivity. This fast, efficient operation offers comprehensive summary reporting and superior technology and service. Hold Brothers is a self-clearing broker-dealer is a member of FINRA and SIPC.

Responsibilities

• Under the direction of the CFO, work on day to day accounting responsibilities of self-clearing proprietary trading firm including but not limited to the following:
• 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
• series 27 a plus, but not required. must be willing to take the test
• Microsoft Dynamics GP a plus
• Previous experience in accounting function at a broker dealer, clearing firm, or financial services industry a plus
• QuickBooks or equivalent accounting platforms and advanced Excel skills required
• Prior Payroll experience preferred
• Minimum of 3+ years accounting experience
• Previous experience in accounting function at a broker dealer, clearing firm, or financial services industry a plus
• Experience as a broker-dealer FINOP professional
• ADP Workforce Now preferred
• An understanding of financial reporting systems, procedures, and controls
• Strong organizational skills, attention to detail and prioritization capabilities
• Demonstrated ability to manage multiple projects and adapt to change
• Strong analytical, critical-thinking and problem-solving skills
• Basic understanding of internal controls
• 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: $140,000 - $170,000