Senior Accountant

Description

JOB OVERVIEW

The Senior Accountant reports to the Broker Dealer CFO/FinOp and provides leadership and training to the accounting and regulatory reporting functions. This role entails overseeing month-end close functions, accounts payable, regulatory reporting, MIS, and internal control/audit. Provides oversight of accounting processing functions from general ledger maintenance to financial statement preparation, review, and reconciliation. Oversees accounts payable, payroll, cash collections, bookkeeping, budgeting, regulatory reporting, financial statements, and compliance and finance controls. 

RESPONSIBILITIES & DUTIES

• Accounting responsibilities include preparation and review of financial documents and procedures, reconciling bank statements, calculating tax payments and returns.  Preparation of asset, liability, and capital account entries by compiling and analyzing account information. 
• Oversee the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards.
• Perform financial analysis, including variance analysis, trend analysis, and cost analysis to provide insights into financial performance.
• Oversee bookkeeping function’s management of general ledger accounts, ensuring accuracy and completeness of financial records.
• Oversee the accounts payable and accounts receivable processes, ensuring timely and accurate processing of invoices and collections. Communicates with vendors and third parties to ensure processes are functioning properly and are completed.  Reviews invoices to comply with contractual obligations and recording in proper periods.
• Collaborate in the development and maintenance of budgets and financial forecasts to support strategic planning and decision-making.
• Assist in the coordination of financial audits, tax filings, and regulatory compliance, ensuring adherence to all financial regulations and standards.
• Oversees entries for firm and customer asset movement, including cash movement in and out of bank accounts & affiliated companies.
• Researches and resolves issues and discrepancies in accounts as they arise.
• Responds to inquiries from internal and external sources via e-mail and telephone.
• Adheres to department service level agreement for all processes.
• Collaborates with Product Development and Operations to satisfy client needs and requests.
• Works with internal and external audit colleagues to provide information and build internal controls.
• Oversees the supervision and review of accounting functions and performs quality checks on completed work.
• Identifies and provides recommendations for process improvements, as needed
• Generates reports, performs uploads, and provides statistics on daily/weekly/monthly work volumes.
• Completes projects as requested.
• Travel to various locations, both within our organization and externally, may be required depending on your role and responsibilities.
• Performs other duties as assigned.

QUALIFICATIONS

• Minimum ten (10 ) years of experience in Accounting or Finance environment in a financial service company or fully regulated U.S. Broker-dealer.
• Bachelor’s degree in Accounting required.
• Demonstrates the ability to handle multiple responsibilities and functions.
• Possess analytical skills, active listening, professionalism and is results driven.
• Knowledge and experience in the preparation of financial statements, FINRA filings, audit, and internal controls.
• Knowledge of PCAOB, FINRA and/or SEC required.

PROFESSIONAL CERTIFICATIONS

• Series 27 or 28 FINRA licensing required.
• If you do not already have a Securities license relevant to your role at Innovayte, you may be required to take and pass the Securities Industries Essentials exam provided by FINRA.  In addition, based on your role responsibilities, you may also be required to pass additional Securities Industry exams to allow you to operate in your role and be compliant with FINRA and the SEC requirements.   These licenses, when required, need to be obtained within certain specific time frames, typically 120 calendar days. 

TECHNICAL SKILLS

To be successful in this role, you should have experience with and an understanding of the following:

• Microsoft Dynamics GP, NetSuite, and/or QuickBooks.
• BD Back Office GL and Financial experience, FIS Global Phase3 preferred.
• Accounts payable.
• Intermediate/advanced level proficiency in Microsoft Office – EXCEL.

CULTURAL COMPETENCIES

Innovayte is dedicated to building an environment where each team member can thrive, contribute meaningfully, and grow professionally and personally. We believe that our core values—rooted in

• respect,
• empowerment,
• innovation,
• integrity,
• trust, and
• accountability

are essential to achieving our mission. These values guide us in everything we do, from daily interactions to strategic decisions. We’re looking for individuals who not only share these principles but are excited to bring them to life in meaningful ways.

In addition to our core company competencies of Cultivates Innovation, Nimble Learning, Action Oriented, Collaborates, and Being Resilient, a successful candidate in this role should exhibit the following behavioral competencies:

PHYSICAL DEMANDS/WORK ENVIRONMENT

This job operates in a professional office environment and routinely uses standard office equipment. While performing the duties of this job, the associate is regularly required to speak and hear. The associate is frequently required to sit for extended periods of time, as well as stand, walk, use hands and fingers, and reach with hands and arms. This job requires the ability to lift files, open filing cabinets, and bend or stand on a stool as necessary.

DISCLAIMER/ASSOCIATE ACKNOWLEDGEMENT

The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this description amended at any time.

Qualifications