Senior Accountant - Vice President, hybrid
Apply NowCompany: Performance Trust Capital Partners, LLC
Location: Chicago, IL 60629
Description:
Performance Trust
Since 1994, we have pioneered revolutionary analytics, education, and decision-making with like-minded teammates and clients to deliver outperformance. We create unimaginable futures together with game-changing insights, advice, world-class execution, and accountability to results.
Headquartered in Chicago, IL, our 370 team members are based in 11 global locations. We are a rapidly expanding broker-dealer, investment bank, investment advisor, and strategic partner for depositories, capital markets issuers and investors, and the full spectrum of institutional market participants. Today, we are the largest full-service private investment bank focused on community depositories. As a 100% employee-owned company, we align together on our core values of Integrity, Accountability, Excellence, Grit, and Love.
Description
To oversee, manage and assist (for more complex items) in our month-end close and regulatory reporting processes. This can include, but is not limited to:
Ensuring all month-end journals are booked and balance sheet reconciliations have been completed with reconciling items fully resolved.
Ensuring all intercompany transactions are booked appropriately with equal and opposite offsets.
Reviewing and accounting for commissions paid to sales staff.
Ensuring all treasury activity within a given month not coming through accounts payable is accurately and timely recorded in the general ledger.
Ensuring the accurate calculation of principal and interest of all firm positions at month-end, which include a growing and diverse product base.
Reviewing the work of junior accounting staff.
Assisting in the preparation of month-end financial statements.
Assisting in the filing of monthly regulatory reports and related supplemental filings.
Assist in month-end fluctuation analysis and other ad-hoc financial analysis.
Participate in the year-end Audit and various regulatory and tax reviews.
Help develop and maintain accounting processes and controls for new products, lines of businesses, etc.
Help build and formalize financial reporting control processes.
Help maintain the propriety of the general ledger.
Requirements
Experience
5-7 years of accounting experience (public accounting - audit, public accounting - tax, or financial reporting/accounting policy/corporate finance in the financial services industry).
Private/Public blend of accounting experience ideal
Broker dealer experience ideal
Education / License Requirements
Bachelor of Science degree in Accounting or Finance
Current, active CPA license (preferred)
Required Skills, Knowledge, Characteristics
Skills/Knowledge
Knowledge of US GAAP
Strong Excel skills including PIVOT tables, VLookUps, and SumIF statements
A working knowledge of the securities/ banking industry - Fixed Income experience preferred
Familiarity with lease accounting and revenue recognition accounting standards
Characteristics critical to success:
Strong Communicator - Someone who can communicate up and down stream in a clear and concise manner.
Organized - Someone who can keep track of multiple processes simultaneously to ensure goals and objectives are achieved.
Accountable - Someone who owns processes and holds themselves accountable for their and their team's work.
Technical strong - Someone who is technically proficient in accounting and applying accounting to the fixed income securities business.
Problem solver - Someone who can find solutions for complex financial transactions.
Since 1994, we have pioneered revolutionary analytics, education, and decision-making with like-minded teammates and clients to deliver outperformance. We create unimaginable futures together with game-changing insights, advice, world-class execution, and accountability to results.
Headquartered in Chicago, IL, our 370 team members are based in 11 global locations. We are a rapidly expanding broker-dealer, investment bank, investment advisor, and strategic partner for depositories, capital markets issuers and investors, and the full spectrum of institutional market participants. Today, we are the largest full-service private investment bank focused on community depositories. As a 100% employee-owned company, we align together on our core values of Integrity, Accountability, Excellence, Grit, and Love.
Description
To oversee, manage and assist (for more complex items) in our month-end close and regulatory reporting processes. This can include, but is not limited to:
Ensuring all month-end journals are booked and balance sheet reconciliations have been completed with reconciling items fully resolved.
Ensuring all intercompany transactions are booked appropriately with equal and opposite offsets.
Reviewing and accounting for commissions paid to sales staff.
Ensuring all treasury activity within a given month not coming through accounts payable is accurately and timely recorded in the general ledger.
Ensuring the accurate calculation of principal and interest of all firm positions at month-end, which include a growing and diverse product base.
Reviewing the work of junior accounting staff.
Assisting in the preparation of month-end financial statements.
Assisting in the filing of monthly regulatory reports and related supplemental filings.
Assist in month-end fluctuation analysis and other ad-hoc financial analysis.
Participate in the year-end Audit and various regulatory and tax reviews.
Help develop and maintain accounting processes and controls for new products, lines of businesses, etc.
Help build and formalize financial reporting control processes.
Help maintain the propriety of the general ledger.
Requirements
Experience
5-7 years of accounting experience (public accounting - audit, public accounting - tax, or financial reporting/accounting policy/corporate finance in the financial services industry).
Private/Public blend of accounting experience ideal
Broker dealer experience ideal
Education / License Requirements
Bachelor of Science degree in Accounting or Finance
Current, active CPA license (preferred)
Required Skills, Knowledge, Characteristics
Skills/Knowledge
Knowledge of US GAAP
Strong Excel skills including PIVOT tables, VLookUps, and SumIF statements
A working knowledge of the securities/ banking industry - Fixed Income experience preferred
Familiarity with lease accounting and revenue recognition accounting standards
Characteristics critical to success:
Strong Communicator - Someone who can communicate up and down stream in a clear and concise manner.
Organized - Someone who can keep track of multiple processes simultaneously to ensure goals and objectives are achieved.
Accountable - Someone who owns processes and holds themselves accountable for their and their team's work.
Technical strong - Someone who is technically proficient in accounting and applying accounting to the fixed income securities business.
Problem solver - Someone who can find solutions for complex financial transactions.