VP Finance

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

Benefits offered by this job

Health Care Plan

Retirement Plan

Paid Time Off

Family Leave

Work From Home

Job summary

Hold Brothers Capital, LLC in New York is hiring an experienced accounting professional to support day-to-day finance operations for a self-clearing trading firm. You will oversee payroll, financial reporting, and regulatory compliance while maintaining strong internal controls and efficient processes.

The role requires a bachelor’s degree in accounting or finance, 3+ years of accounting experience, and familiarity with ADP Workforce Now, Dynamics GP, and QuickBooks.

Qualifications

• Bachelor’s degree in accounting or finance required.
• CPA preferred; willing to test.
• Experience in broker-dealer, clearing firm, or financial services is a plus.
• Minimum 3+ years accounting experience.
• Series 27 a plus, but not required; test willingness.

Responsibilities

• Under the direction of the CFO, manage day-to-day accounting for a self-clearing proprietary trading firm.
• Payroll processing and administration using ADP Workforce Now.
• Prepare and submit timely financial reporting, including FOCUS filings.
• Ensure monthly reconciliations and accurate general ledger entries.
• Maintain accounting policies, processes, and internal controls.
• Oversee monthly close, GL, and reporting of financial results.
• Prepare management reports with revenue, expenses and commentary.
• Assist audits, tax filings and banking relationships.
• Collaborate with upper management on financial issues and process improvements.

Skills

Payroll processing

Financial reporting

Analytical skills

Education

Bachelor’s Degree in Accounting/Finance

CPA preferred

Tools

ADP Workforce Now

Microsoft Dynamics GP

QuickBooks

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