Deutsche Bank is looking for an experienced auditor to join their Group Audit Legal, Risk and Captial team. The primary role of this position will focus on the Credit Risk Management, Market Risk Management and Treasury functions.
The position is located in New York and requires a strong finance/accounting background with 5 to 8 years experience.
Company: Deutsche Bank
Title: Principal Auditor – AVP
Location: New York, NY
Description: The role is for a Principal Auditor for the Group Audit LRC (Legal, Risk and Capital) team which covers the following functions: Risk Management (Credit, Market, and Operational), Corporate Security and Business Continuity (CSBC), Treasury & Capital Management, Legal and Compliance. The primary focus of this role will be on Credit Risk Management, Market Risk Management and Treasury.
Responsibilities: Successful implementation of risk-based audits both regionally and globally, with audit work that is appropriately risk assessed and aligned to the LRC audit strategy; Undertakes audit assignments and may review audit work completed by other team members and drafts audit reports for review by LRC Audit management, identifying and escalating issues and recommending audit ratings for approval by the PAM and Chief Auditor. Presenting and agreeing key findings with Client management; Contributes to dynamic planning through business monitoring of the areas of their responsibility; Demonstrates understanding of the client’s business; Facilitates issue tracking and validates closure of issues; Continues to develop technical expertise relevant to LRC and Group Audit, including market and regulatory developments; Enhance team’s position as a center of excellence for LRC related activities and Issues; Assists with training for Group Audit, prepares updates for GA Senior Management and provides on-going advice to Client management.
Qualifications: The candidate will ideally have an Audit background, however those with considerable experience in Risk would also be considered. Five to eight years of relevant experience is desired. He/she should have knowledge and experience with financial services products and operations, and an understanding of the regulatory framework for DB. Detailed technical knowledge of valuation techniques and risk modelling are considered a plus; He/she will have a strong academic background in finance or accounting; Advanced knowledge of Microsoft Office products, and experience using flowcharting applications. Experience with CAATs is also a plus.
Bloomberg is looking for someone to assume a leadership role in its Media Accounting Group.
This group oversees the credit, billing, collections, cash application, AR reporting and analysis for all of the company’s media products
The position requires 3 to 5 years of supervisory experience and is located in New York.
Title: Media Accounting Team Leader
Location: New York, NY
Description: A leadership role within the Media Accounting group whose responsibilities include Credit, Billing, Collections, Cash Application, AR Reporting and Analysis for all Bloomberg media products (Television, Radio, Online and Print).
Responsibilities: We are looking for a hands-on manager with experience in the Order to Cash process (Credit, Collections, Billing, Reporting, Reconciliation). This person will be expected to supervise the work of others while at the same time performing day-to- day job tasks in a fast paced open environment. AdMarc billing system and DART ad server experience preferred.
Qualifications: A degree in accounting is required; Possesses thorough accounting knowledge; 3-5 years of supervisory experience within the media industry.
VeriFone is looking for someone to join its internal audit team to participate in global SOx testing and other internal audits.
This position is located in San Jose, CA and requires someone with at least three years experience of internal/external audit experience and the ability to travel internationally when required.
Title: Senior Internal Auditor
Location: San Jose, CA
Responsibilities: To assist in the planning, scoping, development, and execution of the global SOX 404 testing compliance function; Under the direction of IA management updates all testing templates, key controls/risk/assertions or other required documentation or analysis; Conduct and execute testing efforts with IA team and outside consultants and auditors as needed to perform the work and track all results; Compile and document all deficiencies, effectively interface with auditors and process owners to ensure issues are understood and corrective action is agreed to for prompt remediation; Meet all assigned deadlines without exception; Ensure all work papers comply with IA department standards; Prepare final deficiency listing of all open items for prompt Process Owner clearance; To assist in the execution of planned internal audits according to annual risk and audit plan; To conduct fieldwork for all audits assigned; document all pre-planning steps and analysis work; create audit programs and review audit results of self and team members as assigned; Update and prepare detailed action plans of all audit results for process owner agreement and final publication; Interface with all levels of VFI staff in the execution of audit work; Perform special reviews/investigations as assigned
Qualifications: Bachelor’s degree in business, finance or accounting; Requires a minimum of 3+ years internal / external audit experience including SOX testing as well as operational audits; Experience in a manufacturing environment; Desire and ability to travel Internationally when required.
A top New York asset management company is looking for a senior corporate accountant to responsible for monthly close, expense/revenue analysis, assisting in year-end audit process, among others.
The position requires 3 to 6 years experience and a CPA license is preferred.
Company: Not disclosed
Title: Senior Corporate Accountant
Location: New York
Responsibilities: Take ownership for parts of the monthly G/L closing (e.g. booking/tracking of certain investments, expenses and various expense accruals and preparation of supporting schedules); Revenue and Expense Account analysis and reconciliations; Review and own the revenue sharing expense process (i.e. keep up to date with contracts and maintain organized, review invoices for accuracy, etc.); Prepare quarterly insurance company revenue sharing payments; Assist with outside legal bills monthly coordination and approvals for payments; Act as new G/L system administrator and report writer/editor; Prepare monthly financial reporting package for senior management; Prepare monthly business line and departmental reporting package for senior management; Prepare annual financial statements and footnotes, standalone and consolidated which includes registered investment advisory and broker dealer subsidiaries as well as affiliated hedge funds; Assist in year end audit process (i.e. prepare schedules, reconciliations, analysis of account balances, etc.) and interface with auditors as needed; Assist in yearly budget process and prepare monthly budget analysis (including budget vs. actual variance analysis).
Qualifications: CPA preferred; Bachelor Degree in Accounting; Prefer individual with 3-6 years experience (with at least 1-2 years experience/exposure in or to the Corporate Accounting area of an Asset Management firm).
Barrier Advisors, Inc. has positions at both the Associate and Analyst level to join its Restructuring & Investment Banking Group in Dallas, Texas. These positions will provide financial and accounting consulting services in corporate restructuring, M&A and other areas.
The Associate positions require 3 to 4 years experience with CPA, CFA, CIRA or Series 7 a plus. Analysts require 1 to 2 years experience and certifications are also a plus.
Company: Barrier Advisors, Inc.
Title: Associate or Analyst
Description: Provide financial and accounting related consulting and advisory services primarily in the areas of Corporate Restructuring and Mergers and Acquisitions. This practice provides services primarily in the following areas: Creditor and Debtor Advisory, Mergers and Acquisitions, Performance Improvement, Wind-Down and Liquidation.
Responsibilities: Apply business, accounting, finance and analytical skills to various client situations and practice disciplines (e.g., financial modeling, ratio and comparable company analysis, review/analysis of financial statements and projections, assessing business plans, claims, conducting due diligence on balance sheet and profit and loss statement items, etc.); Prepare complex cash flow projections and worksheets to model business processes and/or actual or hypothetical transactions; Work to ensure a quality product, as well as delivery of all work within established timeframes; Prepare draft written analyses and other reports for third parties, as necessary, on the project scope, findings and/or results of activities; Prepare PowerPoint presentations and quantitative exhibits for third parties, as necessary, on the project scope, findings and/or results of activities; Research and organize information to facilitate effective data access and analysis.
Qualifications: Proficiency with PC environment and related software, including Microsoft Office applications (a very strong emphasis on Excel and PowerPoint); Familiarity with web-based financial research resources for corporate information, SEC filings, competitive data, etc; Thorough knowledge of corporate finance and accounting principles and terminology; General knowledge of corporate bankruptcy process and procedure;
Associate Education/Experience: Bachelor’s Degree in accounting, finance or business administration is required, MBA preferred. If not a business degree, then subsequent business training can suffice; 3-4 years of Investment Banking, Consulting, Private Equity or Public Accounting is desired; Certifications such as CPA, CFA, CIRA, Series 7, etc. are not mandatory, but will be considered.
Analyst Education/Experience: Bachelor’s Degree in accounting, finance or business administration is required. If not a business degree, then subsequent business training can suffice; 1-2 years of Investment Banking, Consulting, Private Equity or Public Accounting is strongly desired; Certifications such as CPA, CFA, CIRA, Series 7, etc. are not mandatory, but will be considered.
A top mutual fund/asset manager is looking for a tax manager to take responsibilities over many of the tax functions including Product Support (e.g. reviewing of federal and state tax returns) and Corporate Support (FIN 48 Analysis).
Qualifications include a Bachelor’s Degree in accounting, 5+ years of mutual fund taxation experience either with a , public accounting firm or a mutual fund complex and hedge fund experience is plus. The position is located in New York.
Company: Not disclosed
Title: Tax Manager
Location: New York
Responsibilities: Review fiscal year end and excise tax calculations (mutual funds, ETF’s); Review federal, state and local tax returns (mutual funds, hedge funds and ETF’s); Prepare/review year end 1099 shareholder tax reporting and supplemental tax reporting information (i.e. foreign tax credit pass through, tax exempt income by state, alternative minimum tax); Review K-1 preparation and reporting to hedge fund partners; Assist in monitoring book/tax differences such as PFICs, wash sales, straddles, contingent debt, equity/debt determination, etc.; Monitor hedge fund investments for UBTI and FIRPTA issues; Prepare/review tax schedules required for tax return preparation; Perform tax research, advice and analysis for current and potential products (i.e. swaps, publically traded partnerships, derivatives, etc), including keeping appraised of developments and industry issues; draft tax position memos as needed; Perform FIN 48 analysis; Maintain tax filing calendar; Review monthly and quarterly tax compliance, IRC diversification, income tests, etc.; Enhance/develop internal tax policies/procedures; Assist in the training and development of portfolio administration staff on tax matters; Prepare/review tax disclosures for insertion in financial statements; Review international tax filings (i.e. ETF’s in Germany); Prepare/review tax disclosures for insertion in financial statements; Address fund shareholder, separate account and hedge fund investor tax related inquiries
Qualifications: College degree in accounting and/or advanced degree in taxation is required; 5+ years of Mutual Fund taxation experience is required, either with a public accounting firm or mutual fund complex, hedge fund taxation experience a plus; Managerial experience a plus; Proficiency in Excel and Word required.
Bloomberg needs someone to join their global accounting group that will be responsible for the Brazil region’s accounting operations, processing and efficiency Metrics for all accounting functions and internal control over transaction processing.
Qualifications include a Bachelor’s Degree in accounting, 5 to 7 years of relevant experience, and a CPA license. The position is located in Sao Paulo, Brazil.
Title: Senior Accounting and Finance Analyst
Location: Sao Paulo, Brazil
Description: The Accounting representative position is a senior-level role within the Global Bloomberg Accounting organization. The successful candidate will be responsible for all cash operations in the region, achievement of processing and efficiency of funds for all accounting functions, internal control over financial & accounting transactions, analysis & reporting Bloomberg senior accounting leadership.
Responsibilities: Processing of transactions relating to selected treasury/cash related functions and region-specific regulatory and statutory requirements for Latin America; Processing of cash flows and funding request; To support peers on bank issues; To verify the foreign rules before export or import goods on the Latin America region and to control the import/export process. Knowledge in Incoterms is a plus; To keep track of the changes at each country in the Region related to the legal procedures at Customs; To close the FX contracts for Latin Americas branches, experience in exchange is a plus; To control and storage accounting, financial and statutory documents; To control and to register all fixed assets and promotional items purchased for the region; To coordinate the print process of Nota Fiscal for all branches in Brazil; To prepare the resale, donation and scrapping spreadsheets to analyze the values to proceed or not with the process; To attend government inspections, internal or external audits and to check all government statements and escalate if necessary; Development, maintenance, and review of the internal control framework governing all financial operations within the region.
Qualifications: Bachelor’s degree in Accounting; Professional Accounting designation (e.g. CPA, chartered accountant); Demonstrated experience in process refinement/improvement to achievement goals/metrics; Prior accounting related roles with dotted line responsibilities to sales organizations and/or customer service related targets; Proficiency in Accounting systems or enterprise-wide software applications; SAP a plus; Proficiency in Spanish is an advantage.
Morgan Stanley is looking for someone to join their Transfer Pricing/Tax Controllers team as a Vice President. The position will be responsible for the transfer pricing accounting process and three staff in the group.
Company: Morgan Stanley
Title: Vice President – Transfer Pricing/Tax Controller
Location: New York (One NY Plaza)
Description: Morgan Stanley is seeking a Vice President for its Transfer Pricing/Tax Controllers Team. The successful hire will be responsible for aspects of the Firm’s Transfer Pricing accounting process and management of 3 staff. The Tax Control side of the role needs to be developed further.
Responsibilities: Liaise with Transfer Pricing Tax and Legal Entity/Business Unit Controllers; Participate in month end close process for Transfer Pricing; Preparation of the quarterly and annual transfer pricing reconciliation; Account reconciliation and variance analysis; Related party account control; Responding to e-mails, questions and requests; Liaise with IT and users to help trouble shoot and resolve issues on the systems used by the group; Booking tax payments/accruals as directed by Tax; Ad hoc tax account/cost center opening.
Qualifications: Bachelors Degree; Strong Accounting skills; Strong PC Skills (Microsoft Excel, Word, Access).
A major New York financial company is looking for an experienced accountant/auditor that is familiar with the insurance industry, specifically property & casualty, life or re-insurance companies.
Responsibilities include reviewing current accounting and reporting policies, as well as development and implementation of new policies.
Four to seven years of Big 4 or corporate accounting experience is preferred. CPA required.
Company: Not disclosed
Compensation: $120-$135k base + 20% bonus
Title: Accounting Analyst
Location: New York
Responsibilities: Responsible for reviewing current accounting policies and reporting proceedures and will also work on a team with responsibility for development of and implementation of new accounting policies.
Qualifications: 4 to 7 years of public or corporate accounting in the US Insurance Industries. Preference in Big 4 auditors with P&C or Life or Re-Insurance companies as clients or staff accounting professionals currently working in P&C or Life Insurers. CPA preferred. No travel.
Hamilton Lane is looking for someone to join their Reporting Group that will monitor the performance of portfolios and investment using analytics and proprietary software developed by the Company.
The position is located in Bala Cynwyd, PA (Southwest Philadelphia), requires a fluent Spanish speaker and may require some day time travel (approximately 10%).
Company: Hamilton Lane
Title: Analyst – Monitoring and Reporting
Location: Bala Cynwyd, PA
Responsibilities: Establish and maintain client relationships as the primary contact for the Reporting Department, ensuring a superior level of client service; Work directly with Relationship Managers on client deliverables and special projects; Maintain a working knowledge of assigned client portfolios and the investments within these portfolios; Possess a working knowledge of accounting principles and be able to extract and analyze data from financial statements; Communicate with representatives of investment partnerships to ensure the timely receipt of cash flow and financial information; Coordinate assigned projects and special project work with allocated resources; Prepare quarterly and annual reports for clients and asset management vehicles; Review financial statements prepared by fund administrators for inclusion with reports; Respond to client and fund investor questions and special requests (analyze reports/informational requests), interact with Relationship Managers to ensure that the required level of client service is being provided; Monitor and track cash flow activity for limited partnerships, communicate with custodian banks regarding capital calls and distributions for clients to ensure successful delivery and receipt, reconcile cash flows with custodian banks.
Qualifications: Fluency in Spanish is a requirement; 0-4 plus years of work experience in an accounting/financial industry setting preferred; College degree (B.A., B.S. or B.B.A.); Some daytime travel possible (up to 10%).
See you Monday, capital market servants. It’s okay, tax warriors – Just think, two weeks from today and you’ll be sleeping in.
• KPMG severs Iran ties [FT]
T Fly and Co. has pulled the plug on Iran after big pressure from the UANI, “Tom Wethered, KPMG International’s general counsel, wrote to UANI on Thursday that the accountancy network had terminated the membership of Bayat Rayan, one of Iran’s biggest accountants.” The FT reports that the firm cited “serious and escalating concerns,” about the country’s government.
• Imagine: iPad App l Statements [XBRL Business Information Exchange via CPA Trendlines]
Someone make this happen ASAP. “Imagine it. Everyone connected by the Web, not the current Web but the Semantic Web. iPads, iPods, iPhones, Androids, Smartphones; maybe a few PCs will still be around. IFRS used globally. Financial information in XBRL making it dynamic like a pivot table, rather than static like the legacy paper statements.”
• Is Hiring More IRS Employees ‘Job Creation’? [The Atlantic]
There’s a lot of hysteria over the 16,000-some odd new IRS agents that will be running around the country trying to steal your freedom. Those are real jobs though.
• Koss Fraud: Unrecorded revenue? [Fraud Files Blog]
Tracy Coenen kicks around another theory of how alleged shopaholic Sue Sachdeva hid her embezzlement from Grant Thornton, “I’ve heard from a few sources who I consider to be very reliable that Sachdeva hid her theft by not recording revenue. This would mean that Koss’s revenue was understated by $31 million during the time she was committing her theft.” Tracy points out that this method would be “messy” but “There is almost no chance that the auditors will discover the theft and the cover-up. The bulk of the auditors’ work is spent on the balance sheet. So long as transactions related to the theft don’t show up in the ending balances of the balance sheet accounts, she’s pretty safe there.”
• Singer Toni Braxton bobbles tax bill [Tax Watchdog]
Toni Braxton really needs help. She now owes the IRS nearly $400k after a $71k tab from last summer. We’ll say it again – Get Ludacris on the phone.
• 10 illegal aliens in S.C. admit to bilking IRS out of $13 million [Greenville Online]
Who do the teabaggers get mad at for this one? Don’t they hate the IRS and illegal aliens equally? We can only hope that this will cause their heads to explode. Oh, and because it’s in South Carolina we can probably expect a lynching of everyone involved.
• Job of the Day: Fannie Mae Needs a Experienced Accountant [GC Career Center]
Four to six years experience, CPA required. Responsibilities include: Compile, review, analyze, and record financial information to the general ledger. Complete monthly closings. Prepare balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports. Located in DC Metro. You!
Northwest is looking for an experienced accounting professional to lead a team of approximately twelve individuals. This person needs experience evaluating, creating, and re-working effective controls along with leadership experience.
The position is located in Stamford, CT, requires a minimum of eight years experience, and a CPA license. Get more details after the jump.
Title: Manager, Portfolio Accounting (Investment Management)
Location: Stamford, CT
Description: Highly skilled Portfolio Accounting Manager sought to manage/mentor staff, evaluate existing processes/innovate new more efficient ones, create new controls, streamline workflows, etc.
Responsibilities: Responsible for monthly reconciliations, the calculation and reporting of monthly performance, pricing, valuations and NAV’s, and reporting to clients for SMA’s and DFI’s; Take ownership of the portfolio accounting metrics (review existing, create new), build new processes/procedures and controls, streamline/rebuild work flows to ensure efficiency, manage third party relationships, consistently identify areas of improvement within the department, build and execute strategy as well as manage numerous cross-departmental projects. Position will report to the department senior.
Qualifications: Minimum of a Bachelors degree; prefer Masters; CPA; Minimum of 8 years relevant accounting experience (portfolio accounting, fund accounting, partnership accounting, reconciliation/valuation expertise, or CPA out of a Fund Administrator); Experience managing a staff of at least 10 individuals. Experience creating staff performance metrics, evaluating staff performance, hiring; Extensive experience evaluating accounting processes and procedures, creating controls.
Credit Suisse is looking for an experienced professional to join their Chief Financial Officer Division as a Head of Valuation Testing Reporting.
The position is responsible for the collection of valuation testing results across all Investment Bank business units and consolidates those results in a monthly presentation to senior management and quarterly presentation to the Audit Committee among other duties.
The position requires a minimum of seven years experience and is located in New York. Get more details after the jump.
Company: Credit Suisse
Title: Head of Valuation Testing
Location: New York
Description: This person is responsible for managing the technology for collecting the valuation testing results, summarizing the results and providing ongoing guidance to the business unit product controllers on valuation testing policies and procedures. The material this person is responsible for preparing will be reviewed by the Global Head of Product Control, the CFO and the Audit Committee.
Responsibilities: Primary deliverable is the Monthly Consolidated Inventory Valuation Review for the Investment Bank. There are also additional monthly deliverables to Product Control that summarize valuation testing metrics, exception reports and other control-related reports or processes; This person will be a key participant in the development of next generation valuation testing reporting systems and will work closely with the Product Control Reporting Group and the Strategic Process Change Group on enhancing existing systems and defining requirement for future development; This person will also work closely with his/her peers within VRG in defining new policies and procedures and guidelines for implementation of policies and procedures. Additionally this person will be a point person for communication with his/her peers in Product Control Price Testing.
Qualifications: This person needs to be organized and be able to organize a complex consolidation and reporting function such that it is most efficient and minimizes errors. Organization extends to the process of collecting information, synthesizing/editing, presenting and storing the results; This person should have experience in management reporting in a Global Investment/Commercial Bank with experience in reporting price testing results. A working knowledge of the investment banking products of derivatives, cash instruments, and structured products is a must; This person should understand the different roles of control in an investment/commercial bank and the interactions between product control, reporting, financial accounting, etc.; This person should have experience in developing technology solutions for their business with specific experience in management reporting a definite plus.
BNP Paribas is looking for someone to join their accounting team that will be responsible for the day to day maintenance and control of the assigned sections of the general ledger.
The position requires a of two to four years experience and is located in Jersey City, NJ. Get more details after the jump.
Company: BNP Paribas
Title: Accountant, Financial Institutions
Location: Jersey City, NJ
Description: The accountant is responsible for the day to day maintenance and control of the sections of the general ledgers under his responsibility. When applicable he coordinates review and potential adjustments with operation groups He provides all required reporting to management. This person is also responsible for the process of reporting the monthly management revenues for the entities under his/her responsibility.
Responsibilities: Observance of Banks Policies and Procedures; Review of Daily Ledgers for posting errors and/or back value transactions; Justify or reconcile all accounts under her/his responsibility; Prepare and book daily/monthly entries as necessary; Prepare required reconciliation reporting for branch or entity; Assist on special projects at the request of management; Assist on user acceptance testing at the request of management
Perform specific duties and report as assigned; Assist in the distribution of financial reports and ledgers
Support Management Accounting for financial data; Produce, review, reconcile and submit monthly revenue profitability information to Head Office; Respond to questions and special requests from account officers; Investigate and resolve issues and questions concerning Customer Profitability.
Qualifications: Minimum 2-4 years experience in financial and/or management accounting; Must have Prime Brokerage product knowledge.
Citi is looking for someone to join their Citi Capital Advisors (CCA) Financial Control unit as an Expense Controller. The position’s responsibilities center around budgeting, forecasting and reporting actual results for all operating expenses and headcount.
It requires a minimum of six years experience and is located in New York. Get more details after the jump.
Title: Financial Control – Expense Controller
Location: New York, NY
Description: Financial Control is responsible for a variety of activities related to the firm’s financial reporting and controls. The team is divided into different areas of specialization where each member is responsible for a unique set of responsibilities that include both analytical and accounting roles.
Responsibilities: This position will assist in all aspects of expense management and legal vehicle reporting within the Citi Capital Advisors (CCA) Financial Control unit; The primary responsibility will be to drive the core expense management processes and assist the CCA Finance management team to create a best-in-class robust and controlled financial reporting process for both management and legal books. These responsibilities will be centered around budgeting, forecasting and reporting actual results for all operating expenses and headcount; The candidate will have significant input to streamline all aspects of the expense reporting processes.
Qualifications: Bachelor’s degree in Finance or Accounting degree required; 6 to 10 years of experience in financial control or related function required.
Visa is looking for an experienced professional to join its Business Operations Group.
The position requires a candidate to have experience with Oracle GL, advanced Excel skills, a CPA and an MBA is preferable.
Check out more details for this position, located in Foster City, CA after the jump.
Title: Business Leader – Controller of Business Operations
Location: Foster City, CA
Responsibilities: Lead a team within Controller Business Operations who will provide comprehensive controller support to the CIO organization; Successfully translate emerging technology strategies, business relationships and initiatives into controller and financial statement impacts. Align through Finance and other key stakeholders for efficient application of Visa’s accounting policies; Continue to improve the communication, controls, tools, and framework used for assessment and communication of financial impacts of software development projects and the efficiency and effectiveness of recording the impacts of “in progress” software development projects as part of the monthly Ensure accurate accounting for acquisitions and disposals of facilities, technology and software assets, including assessment and documentation accounting impacts of large and complex multi-year software contracts; This includes fostering ongoing interaction with global sourcing and accounts payable to ensure timely, seamless and automated information transfer from these teams and systems to Controller Business Operations and Oracle fixed assets; Build and maintain ongoing and regular communication with CIO leadership and finance business partners to ensure that controllership is aware of emerging business decisions/ developments to ensure seamless support to the business;
Qualifications: Bachelor’s degree in Accounting or Finance with 10+ years of progressive experience at a publicly held global company; In-depth knowledge and recent experience with application of SOP 98-1; CPA required, MBA preferred.
Wescott Financial Advisory Group is a growing Philadelphia based financial advisory firm that is looking for a senior accountant to join their accounting team.
This job requires 4 years experience with QuickBooks familiarity and a CPA license is preferred.
Check out more details for this position, located in Philadelphia, after the jump.
Company: Wescott Financial Advisory Group
Title: Senior Accountant
Compensation: $55,000 – $65,000
Location: Philadelphia, PA
Responsibilities: Evaluating, improving and maintaining the accuracy and integrity of all financial databases and reporting systems; Providing accurate and timely financial reports; Developing an annual budget; Working on special financial analysis, forecasting and business modeling projects as assigned; Provide system-wide testing assistance to Wescott’s Chief Compliance Officer and, along with other members of the Wescott team, identify, recommend and implement improvements to Wescott’s financial reporting practices, processes and systems.
Qualifications: 4-year degree with a emphasis on accounting or finance; Minimum of 4 year’s general accounting experience, Familiarity with Quickbooks and advanced Microsoft Excel spreadsheet construction and financial analysis skills; Financial Services experience in a multi-business unit/ regional operation and a CPA are a strong plus.
Computer Sciences Corporation is searching for a tax professional to join their corporate tax department for the purposes of managing their tax compliance and planning functions.
This job requires supervisory and management experience. Big 4 experience is a plus.
Check out more details for this position, located in Falls Church, VA, after the jump.
Company: Computer Sciences Corporation
Title: Senior Manager – Federal Tax
Location: Falls Church, VA
Description: This position directs and controls the activities of one or more functional areas, divisions, product groups or service areas.
Responsibilities: Manages tax planning and compliance function, including the preparation of Federal corporate and partnership returns; Manages the tax budgeting and forecasting process, including the preparation of estimated payments; Assist with IRS audit defense (fact gathering, tax law analysis and positioning); Research and draft tax position papers for FIN 48 and Sarbox documentation requirements; Coordinate with Legal and Business Development on due diligence for mergers and acquisitions; Develop and maintain critical relationships between Tax, Controllers, Treasury, Legal, and Business Units to ensure Tax has a well-informed view of the business operations; Coordinate closely with Tax Accounting and Reporting team to ensure timely and accurate preparation of quarterly and annual tax provision and related disclosures; Coordinate closely with International Tax function to ensure timely and proper pickup of international results in consolidated returns; Coordinate and assist State Tax function with their planning and compliance objectives; Mentor and coach Managers and Senior tax accountants in department.
Basic Qualifications: Master’s degree in accounting, finance or related field preferred; Twelve or more years of tax accounting or finance experience; Nine or more years of supervisory or management experience included; CPA preferred; Big Four experience a plus; Experience working with tax laws and procedures; Experience working with tax forms and processing; Experience working with accounting principles and accounting software and databases; Experience working with auditing and generally accepted accounting principles; Familiarity with SAP, Hyperion and CorpTax a plus.
Morgan Stanley is looking for someone to join their Private Equity Finance Division to handle financial reporting, tax support and business analysis for its Fund Infrastructure complex.
The position requires seven to nine years experience and a CPA license.
Get more details on this position in New York after the jump.
Company: Morgan Stanley
Title: Infrastructure Controller – Vice President
Location: New York, NY
Description: Morgan Stanley is looking for a Fund Controller for Private Equity Finance Division to provide accounting and financial reporting, tax support and business analyses for a multi -billion dollar fund. The open position is a Vice President for the Firm’s Infrastructure Fund complex and related feeder funds
Responsibilities: Review of GAAP basis accounting closings for the Partnerships, including maintenance of books and records, valuation of publicly traded and non-public investment portfolios and cash and brokerage records; Review of quarterly GAAP basis financial statements for the Partnerships, cash flow statements, schedules of investments and footnotes; Review of quarterly reports for partners, including detail roll forward analyses of Partner Capital Accounts (PCAAs) and ad hoc investor requests; Identify and resolve partnership legal, tax and accounting issues subject to investment company accounting guidance. Work with the Partnerships’ auditors to issue year end audited financial statements; Review of accounting and reporting for the Partnerships’ general partners and leveraged co-investment vehicles which are owned by the Firm and Partnerships’ Management personnel; Review of capital calls, management fees, expense analyses, investment purchases and sales and distributions; Communicate, coordinate and work with Partnerships’ Management and the Firm’s finance, administration and operations areas (such as Investor Relations, Treasury, Tax, and Legal); Ensure proper guardianship controls over partnership assets and compliance with procedures documented as required by Sarbanes Oxley; Identify opportunities to use technology to enhance accounting, reporting and operating processes; Assist with the operations of portfolio holding companies.
Qualifications: 7-9 years of accounting experience including financial statement preparation experience and prior experience in Private Equity and/or Hedge Fund area; CPA required
Global Partnership Schools is looking for a controller to oversee the the financial reporting system and supervise the accounting staff.
This position requires 5 to 7 years experience and CPA or CMA license.
Check out the details for this position, located in New York, after the jump.
Company: Global Partnership Schools
Location: New York, NY
Experience Required: 5 – 7 years
Description: To develop, maintain and oversee Global Partnership Schools and its associated entities’ financial systems while assisting CFO in all areas of financial management and company operations.
Responsibilities: Design and develop financial accounting systems; prepare budgets; supervise accounting processes; review and analyze financial reports. Coordinate with external auditors and tax consultants; Design, monitor and implement financial systems, policies and procedures; Meet finance operational standards by contributing information to strategic financial plans and reviews; implement production, productivity, quality, and customer-service standards; resolve problems and identify system improvements; Supervise accounting staff and carry out responsibilities in accordance with Global Partnership School’s policies and procedures and applicable state and federal laws; Accomplish accounting requirements by designing and maintaining accounting processes: including journal entries and general ledger, billing, collections, accounts payable, accounts receivable and purchase orders; supervise bank reconciliations and closing processes; Support annual budget processes; develop and maintain forecasts and models; ensure compliance with Generally Accepted Accounting Practices and cash management; Perform budget vs. actual analysis for Global Partnership Schools on a monthly basis; Prepare monthly financial accounts vs. profit and loss statement, balance sheet, and cash flows for management reporting; Manage payroll process by analyzing, preparing and inputting payroll data using automated system; ensure compliance with all applicable state and federal wage and hour laws; Coordinate with external auditors and tax consultants; prepare and file basic tax returns; Oversee projects as assigned by CFO.
Qualifications: 5-7 years of experience in Financial Management, preferably in an educational setting; CPA/CMA strongly desired; Accounting, cost accounting, financial planning and strategy, financial skills, financial software, analyzing information, implementation of Microsoft Dynamics and exceptional written and oral communication skills. Educational experience strongly desired.
Happy Friday, folks. Hopefully with busy season ending soon, this marks the end of your work week. If not, well, keep reading. Maybe we can change that.
As I mentioned on Tuesday, you might be feeling the tides of change in the next few weeks in your office, whether that be with your personal career or with co-workers dressing better than usual.
• It’s about the total package – Even in the glory days of post-SOX rulings and lush amounts of advisory services work, public accounting has never paid close to what the private sector provides. When looking for new positions, know that you should not be expecting to find 50%-100% salary increases. It can be expected to find base salary increases to fall into the 10-15% range. Why? Because honestly, the stories told over warms beers at your last work function were grossly overblown. Sure, the occasional rock star accountant makes the leap from newly christened manager to controller of a small fund and landing on a cushy financial pillow. The monetary difference between public and private (and I’m speaking of financial services) rests in the annual bonuses:
Senior Associate, Big 4: $70,000 salary + $5,000 bonus = $75,000
Fund Accountant, XYZ Hedge fund: $80,000 salary + $30,000 bonus = a no brainer
These numbers are general but realistic for today’s market. Keep these in mind as you reach for that red wax pencil.
• Be realistic about your next job title – You’re an accountant. No, you can’t be a trader. No, front office is not for you (yet). You need to be honest with yourself and really scrutinize the experience you’re building in your current role. Working on a private equity fund-to-fund will not prep you enough to slip into a fund accounting role at the P/E firm of your choice. Mold your career experiences to fit what you want to do. The right recruiter will manage your expectations, which leads us to…
• Start out with multiple recruiters – Finding the right recruiter is like finding a career counselor. Some will be pushy and force unwanted jobs on you. Others will take the time to polish your resume, help you realize the steps you need to take to work toward your ideal job, and only pass along relevant job opportunities. Consider a recruiter like this a blessing. And don’t forget to pass that person’s contact information on to your buddies. They helped you; return the favor.
Fannie Mae needs an experienced accountant that will perform day-to-day accounting operations for Fannie Mae’s investments in Low Income Housing Tax Credit & CI partnerships, including the impacts of consolidating those assets.
The position requires a four to six years experience and a CPA license.
Get more details on the position, located in Washington, DC after the jump.
Company: Fannie Mae
Title: General Accountant, Partnership Accounting
Location: Washington, D.C.
Experience Required: 4 – 6 years
Description: Apply comprehensive knowledge of accounting principles, concepts, practices, and standards in performing complex duties related to preparing and analyzing financial information to record transactions, prepare reports, and review and verify accuracy. Work with consultants, auditors, and others to analyze and provide information on operational, reporting, or system impact related to policy changes and new products. Contribute to special projects. May train staff.
Responsibilities: Compile, review, analyze, and record financial information to the general ledger. Complete monthly closings; Prepare balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports; Prepare daily, weekly, and monthly reconciliations to ensure general ledger account information is accurate, consistent, traceable, and auditable; Execute and manage timely, accurate transactions; Identify control weaknesses, communicate to management, and participate in making remedial changes to tighten and enhance controls; Provide requested information to auditors, consultants, and others on significant matters requiring coordination; May design, modify, install, and/or maintain accounting systems to ensure adequate recognition of financial transactions; May perform moderately complex accounting projects or participate as a team member on highly complex projects; Understand and analyze partnership financial statements and Schedule K-1s.
Qualifications: Bachelor’s Degree or Equivalent; CPA; 4-6 years or equivalent experience.
BNP Paribas is looking for someone to join their North America Audit Group as a VP for Finance Activities Credit Review & Audit.
An ideal candidate will have a blend of both credit review and audit experience.
The position requires a minimum of five years experience, MBA, CPA or CFA is required and French language skills are a plus. Some travel is required to offices in San Francisco, Chicago, and Dallas/Houston.
Get more details on the position, located in New York, after the jump.
Company: BNP Paribas
Title: VP, Finance Activities Credit Review & Audit
Location: New York
Experience Required: 5 – 10 years
Description: BNP Paribas is seeking a candidate for a VP position in its North America Audit Group as a member of the credit review team to perform credit reviews and traditional audit aspects of these reviews.
Responsibilities: responsible for the audit and credit review coverage of all banking groups and related support areas including: Corporate Banking, Energy & Commodities, Media & Telecom, Merchant Banking, Asset Securitization, Security Industry, Portfolio Management and Risk Management.
Qualifications: Bachelor’s degree in Accounting or Finance; MBA, CPA (or equivalent), or CFA required; 5 – 10 years financial services work experience; Credit analysis skills with a solid understanding of the credit process and controls; French language skills a plus but not required
Ashton Lane Group has a global wealth manager client in need of a Head of Financial Control who can implement and maintain existing and new control frameworks.
Candidates should have a minimum of seven years experience and a CPA license. Knowledge of SAP is a plus.
Get more details on the position, located in New York, after the jump.
Recruiter: Ashton Lane Group
Title: VP Head of Financial Control
Location: New York
Minimum Experience: 7 years
Description: Build and lead the financial control team within a global wealth manager.
Responsibilities: Lead a team of up to five entity controllers; Responsible for the monthly general ledger control and account reconciliation processes, ensuring that a robust control framework is embedded and maintained; Represent team at monthly Letter of Representation meetings and escalate any material issues; Review existing end to end revenue processes and implement new controls as the business expands; Support the launch of a new Trust entity and set up the control framework and associated regulatory and statutory reporting;
Qualifications: 7+ years financial control experience within financial services; Understanding of Capital Management principles; Experience of finance process design and implementation; Knowledge and experience of SAP an advantage; Bachelors’ degree or equivalent. CPA/CA preferred.
Citi needs an experienced accounting professional to join its Citi Capital Advisors Financial Control unit. This position will be responsible for maintaining and improving financial reporting processes for the unit’s management team.
Candidates should have a minimum of six years experience and a CPA license.
Get more details on the position, located in New York, after the jump.
Title: P&A Manager
Location: New York
Description: Financial Control is responsible for a variety of activities related to the firm’s financial reporting and controls. The team is divided into different areas of specialization where each member is responsible for a unique set of responsibilities that include both analytical and accounting roles. This position will assist in the management reporting and legal vehicle reporting within the Citi Capital Advisors (CCA) Financial Control unit.
Responsibilities: The primary responsibility will be to drive the core processes and assist the CCA Finance management team to have a robust and controlled financial reporting process for both management and legal books. This will include the estimate process, regulatory reporting for corporate and external purposes and monthly deliverables to both the CCA business and Citigroup Corporate Reporting. Additionally, this role will be responsible for leading the entire CCA finance division (controller and planning and analysis departments) in the 2010 rated audit, as well as the ongoing quarterly monitoring performed by internal and external audit teams.
Qualifications: Bachelor’s degree in Finance or Accounting degree required; CPA a requirement; 6 to 10 years of experience in financial control or related function required;