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BROKER DEALER ACCOUNTING SENIOR MANAGER
Posted on: 21 Apr 2023
Birmingham, AL
Job Description
Accounting Responsibilities:
Under the direction of the CFO, all day to day accounting responsibilities will be assumed by this position
Monitor daily activities, including firm funding, firm pricing, cash flow, daily P&L, accounts payable/receivable and back office reporting
Serve as the primary contact for the annual audit of the BD financial statements
Manage system reconciliations and month-end closing process
Prepare monthly finance presentation to Senior Management and quarterly presentation to the Board of Directors
Manage daily journal entries
Analyze monthly variances in balance sheet and income statement activity
Track and analyze revenue and operating expenses by lines of business
Regulatory Responsibilities:
Prepare the monthly and annual FINRA FOCUS Reports including the form X-17A-5 Part II, Supplemental Statement of Income (SSOI), Form Custody for Broker Dealers, Supplemental Liquidity Schedule (SLS), Off Balance Sheet Report (OBS) and SEC 17H reports
Ensure compliance with the SEC’s Uniform Net Capital Rule 15c3-1 (including daily net capital computations) and Customer Protection Rule 15c3-3 (weekly) for a self-clearing broker dealer
Prepare TIC S, TIC BC, & TIC BL monthly reporting to the Federal Reserve
Manage monthly consolidation to BD’s foreign parent
Manage audits with regulators and internal/external auditors
Additional Minimum and Preferred Qualifications
Qualifications:
Accounting background in US broker-dealer
FINRA Series 27 Financial Operations Principal (FINOP) License need to be obtained within 3 months of employment if not already obtained prior to employment
Bachelors or Masters in Accounting
CPA is a plus
8 + years’ experience
Knowledge of U.S. GAAP and SEA rules surrounding Broker-Dealers
Professional experience and knowledge of both financials and operations of self-clearing broker dealer with a foreign parent and foreign affiliates and focus on institutional business
Experience in using Broadridge Impact system
Experience in using Workday Enterprise Management
Proficient in Microsoft Office
Spanish speaker is a plus
BBVA
Birmingham, AL
BBVA is a global company with over 160 years of history operating in more than 30 countries where we provide services to more than 79 million customers. We are more than 125,000 professionals working in multidisciplinary and diverse teams that include financial and legal experts, data scientists, developers, engineers, and designers.
At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier for our customers.
BBVA USA Bancshares, Inc. is a Sunbelt-based bank holding company whose principal subsidiary, BBVA, operates 649 branches, including 336 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. BBVA ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th).
BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. BBVA's mobile app earned the 2019 Javelin Mobile Banking Leader award for functionality for the sixth consecutive year in Javelin Strategy & Research's Mobile Banking Financial Institution Scorecard.
What We Stand For
BBVA understands that every individual and company has unique dreams and ambitions, needs and wants. We realize that few take the same path in the faster, busier, and more complex world we live in. We get it. Whichever path you choose, and whenever you need us, we want to create opportunities for your next steps. From the smallest moment, to the largest personal or professional life event, BBVA is there for you.
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IndustryBanking/Financial Services
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No. of Employees125,000+
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Website
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Jobs Posted112
