Job Information
Hold Brothers Staff Accountant in New York, New York
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.
Job Summary
The firm is currently seeking a Staff Accountant to join our growing team! Working closely with the CFO and EVP of Operations & Finance, this individual will be an integral member of the accounting and finance team supporting our global business, including China. The position is based out of our New York City headquarters located at One Pennsylvania Plaza.
Responsibilities
Prepare monthly, quarterly and annual income and balance sheet statements, account reconciliations, and various other accounting statements and reports
Daily production of account reconciliation and monitoring of other key brokerage operational controls, resolution of breaks between general ledger and sub-ledger systems to uphold integrity of downstream Regulatory Reporting feeds
Manage the daily segregation of fully paid securities and weekly computation of the firm’s reserve requirements to ensure consistent compliance with net capital rules
Prepare supporting documentation, technical accounting and broker-dealer guidance/interpretation memos to internal and external auditors
Keep abreast of regulatory developments to make strategic recommendations for process and/or control modifications, and oversee any such implementation in compliance with FINRA and SEC requirements
Manage daily accounting duties including, but not limited to, account payables/receivables, account/vendor reconciliations, revenue recognition and ad-hoc projects as assigned
Requirements
Bachelor’s degree in Accounting, Finance or relevant field. Master’s degree or CPA highly preferred.
3+ years of relevant prior experience in financial services, public accounting, or general accounting
Prior experience in the securities industry or any FINRA registered broker-dealer preferred
Strong attention to detail and accuracy
Excellent problem solving and analytical skills and proven ability to work independently in a demanding and fast-paced environment
Mandarin speaking is a nice to have.
Salary Range: $80,000 - $110,000