VP, Legal Entity Controller & Regulatory Reporting

Abacus Group (United States); New York (NY); Hybrid; USD 180,000 - 320,000; Full time

Benefits offered by this job

Hybrid Remote/Office

Job summary

Abacus Group seeks a VP, Legal Entity Controller & Regulatory Reporting (swaps team) to join our Manhattan, NY office. The role oversees controllership for broker-dealer and swap dealer entities, ensuring GAAP compliance and robust regulatory reporting.

The incumbent collaborates across accounting, legal, compliance, treasury, operations, technology, and finance to manage complex transactions, regulatory filings, and process improvements in a fast-paced environment.

Qualifications

• 8-10 years of relevant experience.
• Derivatives knowledge required and 15c3-1 & 15c3-3 experience.
• Big 4 experience preferred.
• Direct experience with swaps required.
• Ability to operate in a fast paced environment.
• Experience with new business launches, regulatory builds, or entity expansion.
• CPA is required.

Responsibilities

• Manage legal entity controllership for broker-dealer and swap dealer entities under U.S. GAAP.
• Coordinate with accounting, legal, compliance, treasury, operations, and finance teams for accurate accounting treatment.
• Advise on transactions, organizational changes, and initiatives affecting financial reporting and regulatory compliance.
• Oversee month-end and quarter-end close processes and prepare financial statements.
• Prepare regulatory filings and external reporting, including broker-dealer statements and schedules.
• Maintain policies and control frameworks for derivatives, funding, and complex transactions.
• Perform variance analysis and provide management commentary.

Skills

Derivatives knowledge

Regulatory reporting

GAAP

Fast-paced environment

Education

CPA certification

Job description

Our client is a diversified financial and real estate company. They seek a VP, Legal Entity Controller & Regulatory Reporting (swaps team) to join their Manhattan, NY office.

Responsibilities

• Manage legal entity controllership and financial reporting activities for broker-dealer and swap dealer entities in accordance with U.S. GAAP
• Collaborate with accounting, legal, compliance, treasury, operations, technology, and finance teams to ensure appropriate accounting treatment for transactions and new products
• Advise on strategic transactions, organizational changes, and business initiatives impacting financial reporting and regulatory compliance
• Oversee month-end and quarter-end close processes, including journal entries, reconciliations, and financial statement preparation
• Prepare regulatory and external reporting filings, including broker-dealer financial statements, disclosures, and supporting schedules
• Maintain accounting policies, technical documentation, and control frameworks related to derivatives, funding activities, and complex financial transactions
• Analyze balance sheet and income statement activity, perform variance analysis, and provide management reporting and commentary
• Support internal, external, and regulatory audits, including interactions with the SEC, FINRA, and CFTC
• Administer regulatory capital and customer protection reporting processes, ensuring alignment between GAAP financials and regulatory requirements
• Drive system implementations, process automation, data governance, and technology enhancements to improve scalability, controls, and reporting efficiency

Requirements

• 8-10 years of relevant experience
• Derivatives knowledge required and 15c3-1 & 15c3-3 experience
• Big 4 experience
• Direct experience with swaps required
• Ability to operate in a fast paced environment
• Prior experience involved in new business launces, regulatory build outs, or entity expansion
• CPA required

Job ID #48353

Tagged as: Hybrid Remote/Office