US Controller - VP of Finance

Job description

Tasks

• Financial Close & Accounting Operations:
• Lead the monthly financial close process, including timely journal entry recording, reconciliations and preparation of financial reports for the broker/dealer and other related entities.
• Ensure accurate and timely preparation and review of financial reports and board reports in accordance with US GAAP; including review of underlying support for completeness and accuracy.
• Review income and expense accounting entries for reasonableness and ensure that all monthly entries have been recorded, accrued or prepaid prior to month end close.
• Daily/weekly/monthly review of general ledger reconciliations.
• Perform various accounting and financial control functions in accordance with established company strategies, policies and procedures.
• Accounting for holding company and related entities.
• Maintain a documented system of accounting policies and procedures, including appropriate internal controls and internal audits.
• Perform financial analysis to identify trends, variances and opportunities for cost savings.
• Provide insights and recommendations to senior management to support strategic decisions.
• Collaborate with the MIS group and provide information to develop analysis to support management initiatives and quarterly assessment processes.
• Taking on projects and ad hoc tasks.
• Budgeting & Forecasting:
• Collaborate within the finance team on annual budgeting processes and monthly/quarterly forecasts for all units.
• Managing performance against budgets, investigating variances and recommending corrective action.
• Tax Reporting & Compliance:
• Oversee the preparation and filing of tax returns in conjunction with outside vendors to ensure compliance with federal, state and local tax laws.
• Ensuring accurate and timely reporting of all types of taxes.
• Coordination and management of external audits and tax returns, as the main point of contact for auditors.
• Monitoring internal controls to protect company assets and maintain financial integrity.
• Vendor Payments & Accounts Payable:
• Manage the Accounts Payable process to ensure timely and accurate payments to suppliers.
• Review and approval of payment dates and disbursement reports.
• Cash management:
• Monitoring cash flow planning and ensuring the availability of funds when required.
• Strategic Partnership & Advisory:
• Working with senior management on long-term financial planning and strategic decision making.
• Support in the evaluation of investment strategies, capital expenditure and new products (if applicable).
• Providing insights into the potential risks, opportunities and financial impact of business initiatives.
• Monitoring financial activities and details, such as reserve levels, to ensure that all legal and regulatory requirements are met.

Requirements

• Bachelor's degree in finance or accounting or related field
• Proven leadership skills in digital transformation
• Advanced programming and/or coding skills
• Relevant professional experience in accounting/finance for broker/dealers and/or US banks and/or public accounting
• Proven leadership qualities and experience in team management
• Strong analytical, problem-solving and strategic thinking skills with a forward-looking approach
• Familiarity with ERP systems (Netsuite preferred)
• Strong quantitative and verbal