What Happens If CPA Candidates Can’t Meet the Work Experience Requirement?
What happens when you have too few jobs for too many would-be CPAs who have the exam passed but no job prospects to meet the work experience requirement?
The CPAnet forums hit just that, asking if CPA exam scores ever expire:
I have passed all four sections of the CPA exam but currently I am not working under the supervision of a CPA. Is there a time limit on when to get the cpa license after passing the exams? Any consequence of not obtaining the license within the timeframe?
In fairness, one of the posters only passed completely in January, so it isn’t like they’ve been sitting on passing CPA exam scores for three years with no luck. Where are those people?
Anyway, in a world where there are too many warm bodies and not enough chairs, it’s useful to know whether you’ll have to sit for the CPA exam all over again in 5 years when you finally get a job or not.
The general rule, as with most aspects of the CPA exam, is that it varies by state. In California, you will have to take additional CPE after 5 years if you don’t meet your licensure experience requirement by then.
Or, it could be that there are plenty of jobs but not for people who aren’t capable of doing them.
The problem could be picky HR professionals on the other end, and I wouldn’t blame them at all. If I were in HR, I’d be wary of folks like this who spell their former employer’s name wrong. Maybe that’s not important to hiring managers and recruiters or I’m giving them too much credit for being that perceptive but there is a minimum here; it isn’t hard to meet it.
Former Big 4 Auditor Who Took a Break Needs To Get Back In the Game
Sometimes, life is more important than work. For this former Big 4 auditor, a little life situation forced him out of the game before he got his 2 years and now he’s trying to elbow his way back in.
Hi Adrienne,
I worked in big4 audit for just over a year, but I had to leave the firm soon after that for family reasons (to care for a loved one). It’s been 2 years since then, and I haven’t worked at all (my choice). The good news is that I just passed 3 of 4 sections of the CPA, and I expect to finish it up this month.
The thing is – I need help getting back into the work world now. Do you have any tips for getting back “in the game,” so to speak?
If it helps, I’m really looking for a huge change of pace from big4 auditing – something where there’s little travel, and that’s not nearly as stressful as Big4. I think I would like something where there’s only a one or a few persons I’m reporting to, and where the nature of my work is much more technical/specialized. Something that involves technology would be a big plus (I love Info Tech, and I’m good with it). I’ve looked at private accounting/finance-type positions, but it seems many of them want a minimum of 2 years of working experience. Having Big 4 is great experience, of course, but is 1 year worth much? I also worry about what they will think of a 2 year gap on my resume.
I know a few small mom&pop-type tax CPA firms I could work for, but I worry the work-life balance in these jobs isn’t going to be too much different than Big4. I am also considering government positions.
Do you have any tips for someone like me?
Thanks very much.
~ newbie/CPA2be w/ ONLY 1 year of entry-level big4 audit experience
First off, it depends on where you are. If you’re in the middle of bumfuck nowhere, your options are limited (as I’m sure you’re aware) but if you’re in a major market, you’ve got the option to start networking. Like we’ve advised other folks, you can do this by hitting events held by your state society of CPAs, the AICPA, or other professional organizations.
Second, you’ve got a great excuse if anyone actually asks what you’ve been up to lately. Be honest but not too upfront about this; meaning you don’t have to badger HR about it but have a good explanation ready if you are asked.
You are correct that smaller firms aren’t much different than Big 4 in terms of the amount of work you’re going to be doing, the only difference might be travel. It sounds to me like you have some options, so I’d start by exercising those. Depending on how long you took off to care for your sick family member, you may not have to put in a full two years to get your license.
Based on what you’re looking for, I would suggest seeking out a small (not mid-tier) firm with a couple partners, not some multi-national with tons of clients. If you love IT, try to find someone already in this area willing to take you under their wing, or at least give you some good guidance from their perspective.
I’m not too worried about you, sounds like you have it figured it out and just wanted us to confirm that you aren’t completely fucked. You aren’t.
Job of the Day: Jefferies & Company Needs a Senior Accountant
Jefferies & Company is looking for an experienced accountant to join its Corporate Financial Accounting Department in Los Angeles.
Candidates need three to six years of experience and a CPA is desired. Experience with investment banking or related financial services businesses is preferred.
Company: Jefferies & Company, Inc.
Title: Senior Accountant, Corporate Financial Accounting
Location: Los Angeles, CA
Description: This role will support the corporate controllers team in the financial accounting and reporting for compensation and benefits expense.
Responsibilities: Prepare journal entries related to the commission based sales force and performance based teams; Develop compensation models to compute applicable drivers and rules dictated by complex employment agreements and compensation plans; Prepare actual and forecasted financial reporting packages highlighting revenue and related compensation; Interact and collaborate with multi-functional groups throughout the company, including operating business units, corporate finance, legal, compliance, etc., to accomplish tasks and objectives.
Qualifications/Skills: 3 to 6 years in financial accounting and reporting, CPA designation desired; Investment bank and institutional sales and trading or related financial services industry experience desired; Expertise in gathering, manipulating, analyzing financial and accounting data; Advanced user of Microsoft Excel, Access, and PeopleSoft General Ledger.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Arizona American Water Needs a Financial Analyst
Arizona American Water is looking for an experienced professional with an accounting or finance background to fill a Intermediate Financial Analyst position in Phoenix, Arizona.
The position requires 5 – 7 years experience including SOx and U.S. GAAP knowledge with a CPA or CMA credential desirable.
Company: Arizona American Water Company
Title: Financial Analyst II (Intermediate)
Location: Phoenix, AZ
Description: Intermediate Financial Analyst responsible for developing revenue and expense analyses, projections, reports and presentations.
Responsibilities: Compile and analyze financial information for developing revenue/expense analyses, projections, reports and presentations. Ensure accuracy of financial information; identify trends and present findings to senior management. Analyze and assess business performance against goals. Support management in shaping, driving and influencing business performance and continuous improvement.
Qualifications/Skills: Requires BA/BS in accounting/finance related field and 5-7 years related experience including, knowledge of US GAAP, SOX, regulatory accounting and practices and computer expertise. CPA/CMA is desirable. Experience in water/wastewater utility industry is highly desirable.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs a Real Estate Accounting Associate
Morgan Stanley is looking for an experienced accountant to join their Real Estate Funds group in Atlanta, Georgia.
The position require 2 – 4 years of experience with a CPA preferred.
Company: Morgan Stanley
Title: Real Estate Funds Associate – MSREF
Location: Atlanta, GA
Description: Reporting to a Manager, position is responsible for the overall accounting, reporting and operations for global private equity real estate funds and affiliated funds. Responsibilities include assisting on special projects including reengineering processes and system implementations.
Responsibilities: Prepare quarterly and annual financial statements and footnote disclosures; Prepare various work paper and financial data analyses based on requests from the business unit, investors and auditors; Prepare fee calculations (i.e. management fees, acquisition fees, etc.) verifying that calculations are in accordance with applicable agreements; Prepare investor capital call and distribution notices; Address and resolve audit inquiries from external auditors during year end audit; Assist on IT initiatives to automate process, program calculations and streamline reporting; Participate on special projects related to the fund.
Qualifications/Skills: Bachelors degree in Accounting or Finance; Well organized, detailed, analytical individual with two to four years of relevant work experience; CPA preferred; Real estate partnership accounting and reporting experience a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: PwC Needs a Tax Manager
PricewaterhouseCoopers is looking for an experienced tax professional to join its Private Company Services (“PCS”) team. PCS helps private companies and their owners with tax planning an compliance decisions at all stages of the business.
The position requires five to seven years experience and is located in Chicago.
Company: PricewaterhouseCoopers
Title: Tax Manager
Location: Chicago, IL
Description: The Private Company Services (PCS) team is a dedicated group of professionals who focus on the audit, tax compliance and planning, and business advisory needs of public interest entities, and private companies and their owners. By helping private companies make strategic decisions throughout the business lifecycle, our PCS practice is designed to help clients improve cash flow and increase owners’ wealth accumulation. This includes access to capital markets, initial public offerings and assistance with growth into international markets. The team’s clients primarily reside in private equity portfolio companies and the manufacturing, retail, wholesale and distribution, professional services and construction industries.
Qualifications/Skills: 5 – 7 years of tax consulting or compliance experience is required.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Harvard Management Company Needs a Senior Accountant
Harvard Management Company is looking for an experienced accountant to join their accounting and finance department.
The position is focused on the Marketable Securities Funds portfolio which is comprised of hedge fund investments. This person will be responsible for all the accounting and analysis for the portfolio.
Candidates should have a minimum of three years experience, hedge fund experience being a plus, and a CPA is preferred.
Company: Harvard Management Company, Inc.
Title: Senior Accountant – Marketable Securities Funds
Location: Boston, MA
Description: The Senior Associate will be responsible for all accounting and related accounting-specific analysis and reporting functions of the MSF portfolio as well as contributing to the accounting of the NR portfolio, as needed. This includes transaction entry, cash movement, and valuation input processes related to these portfolios as well as valuation review and analytical procedures. This also includes the reconciliation of transaction entry, accounting, and performance systems to ensure trade execution accuracy and proper recording of all transactions. The Senior Associate will work closely with other members of the external management accounting team to execute the accounting period close on a monthly basis. This process requires in-depth understanding and analysis of the MSF portfolio investments, including the documentation of significant matters on an ongoing basis. Lastly, the Senior Associate will be involved in the ongoing assessment of accounting and valuation issues related to these portfolios, including financial reporting considerations.
Responsibilities: Maintain the integrity of the portfolio accounting systems and general ledger records; Monitor proper reconciliation of transaction entry, accounting, and performance reporting systems; Contribute to financial statement and valuation analysis; Execute cash movements in coordination with custody operations personnel and ensure trades are processed accurately and timely; Analyze current industry and accounting guidance and its applicability to the MSF portfolio accounting process; Facilitate communication with external managers to provide relevant insight into the accounting and valuation process; Obtain and review fund valuation statements and assist in the analysis of these statements; Interact with and support the MSF portfolio managers regarding current investments; Assist during the annual audit, providing information as requested and maintaining audit reports throughout the year; Participate in special projects and duties as assigned ; Provide accounting-related support and reporting to HMC’s Tax department; Manage responsibilities pertaining to business continuity preparedness, documentation, Disaster Recovery site visits, etc.
Qualifications/Skills: BS Accounting, CPA preferred; Minimum 3-5 years of relevant accounting experience (hedge fund specific experience a plus); Ideal candidate will be very proficient with hedge fund L.P. investment accounting/industry issues; Knowledge and demonstrated interest of financial markets and products
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Cecil College Needs a Controller
Cecil College is looking for a Controller to lead its financial services department in North East, Maryland.
Candidates should have a minimum of five to seven years experience with CPA and Masters a plus.
Company: Cecil College
Title: Controller/Finance Director
Compensation: $85,000-$92,000
Location: North East, MD
Description: The Controller is a senior level position at Cecil College and is responsible for providing overall leadership and direction for the Financial Services Department which includes a broad range of financial and business services within a robust technology based system.
Responsibilities: Fiscal responsibilities: Accounting (accounts payable, accounts receivable, capital projects and foundation accounting, grant accounting, investment management and payroll), Annual Audits, Budget Development and Management, and Financial Reporting.
Business services responsibilities: purchasing, insurance/risk management controls, and auxiliary services. Three (3) Accounting Managers and the Manager of Procurement are direct reports. The Controller is the “subject matter expert” concerning the finances of the College and keeping the Vice President for Administrative Services, and the leadership of the College informed about its financial condition.
General responsibilities: Provide leadership for all financial operations of the institution which includes the design of systems, preparation/presentation of financial reports and budgets, preparation of documents for annual audits, monitoring of revenues and expenditures, conducting financial analyses and development of internal controls. Provide leadership in the use of technology to achieve administrative efficiencies. Recommend and develop strategies and goals to meet College objectives, and to support sound fiscal management. Participate in the development of short term and long range financial projections along with organizational and staff planning. Provide strategic financial leadership and support on potential alliances, investments, capital projects and other issues affecting the College’s business. Develop an effective structure and plan for monitoring projects and foster continual improvement. Establish fiscal and personal credibility throughout the organization. Enhance and/or develop, implement and enforce policies and procedures of the organization that will improve the overall operation and effectiveness of the College.
Qualifications/Skills: Bachelor’s Degree in Accounting or Finance; experience in finance in a higher educational environment valued highly. CPA or Master’s Degree a plus Thorough knowledge of generally accepted accounting principles, fund accounting and ability to apply knowledge within higher education setting. 5-7 years of progressively responsible non-profit accounting using an integrated accounting system. Proficient in the use of word processing and spread sheet software applications (Word and Excel preferred). Effective oral and written communication skills. 3-5 years of supervisory experience.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Jefferson Wells Needs a Tax Fund Accountant
Jefferson Wells is looking for tax fund accountants to join its New York office. The position will have a number of responsibilities including preparation of corporate and partnership returns including those for hedge funds, private equity funds, real estate funds and investment advisors.
The position requires a minimum of nine years experience, including multi-national tax experience and a broad understanding of technical tax issues. CPA or EA certifications are preferred.
Company: Jefferson Wells
Title: Tax Fund Accountant
Compensation: 80,000-150,000
Location: New York, NY
Responsibilities: Prepare tax returns for S corporations, C corporations, and partnerships; Preparation of accounting records, and financial statements and tax returns for several investment partnerships; Reviewing and preparing yearly tax filings for Hedge Fund, Private Equity Funds, Real Estate Funds, and Funds’ general partners and investment managers; Performing security analysis and calculating various Fund tax adjustments; Preparation of Tax Form 1065 income tax returns and related K-1s and supporting schedules; prior experience with form 1120; Recording all accounting transactions of the fund and ensuring all investments are booked accurately; Preparation of limited partner capital calls and capital distributions; Researching tax treatment of complex financial instruments and corporate actions of Funds.
Qualifications/Skills: Experience with CorpTax software is required; Bachelor’s degree in relevant subject area required (accounting, auditing, information technology, sciences, taxation, finance etc.); Minimum nine years applicable experience in tax required (federal, state and local or international tax); Experience with multi-national corporate taxation preferred; Broad understanding of tax technical areas and a strong familiarity of FAS 109 preferred; CPA, MST, Enrolled Agent (EA) or Project Management (PMI) certifications preferred.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Computer Sciences Corporation Needs a Senior Accountant
Computer Sciences Corporation is looking for an experienced accountant to join their group in Sterling, VA. The position is responsible for supervising the posting and balancing of general and subsidiary ledgers, along with account analysis and journal entries.
The position requires a bachelor’s degree, a minimum of six years experience, including three year of supervisory experience and a CPA license is a plus
Company: Computer Sciences Corporation
Title: Accounting Senior Supervisor
Location: Sterling, VA
Description: Supervises the posting and balancing of general and subsidiary ledgers; ensures accuracy and timeliness. Oversees the preparation of account analysis and journal entries to ensure records
Responsibilities: Supervises the posting and balancing of general and subsidiary ledgers; ensures accuracy and timeliness; Oversees the preparation of account analysis and journal entries to ensure records are organized and standardized; Oversees the coding of invoices and vouchers with proper account distribution support to ensure accuracy and validity; Oversees and prepares, as appropriate, foreign currency exchange and remeasurement calculations and journal entries; Supervises and assists in the compilation of data for preparation of regularly scheduled and special accounting reports; verifies statements to ensure accuracy and to meet company information needs; Supervises and assists in the implementation of accounting systems and accounting control procedures to ensure adherence to company guidelines; Recommends and/or initiates the selection and hiring of employees. Trains and evaluates employees to enhance their performance, development and work product. Addresses performance issues and makes recommendations for personnel actions. Makes recommendations for salary increases, transfers and terminations to manager; Provides supervision of the accounting staff to ensure activities are completed accurately and in a timely fashion. Analyzes and resolves work problems or assists employees to resolve problems;
Qualifications/Skills: Bachelor’s degree or equivalent combination of education and experience; Bachelor’s degree in business administration, accounting or related field strongly preferred; Six or more years of accounting experience; Three or more years of leadership experience included; CPA or CPA candidate preferred; Experience working with generally accepted accounting principles; Experience with SAP, Hyperion and Lotus Notes a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Moody’s Needs a Senior Revenue Analyst
Moody’s is looking for someone to join their accounting team in San Francisco as a Senior Revenue Analyst.
The position requires a bachelor’s degree, between two and five years experience in a Big 4 firm, and a CPA license.
Company: Moody’s Corporation
Title: Senior Revenue Analyst
Location: San Francisco, CA
Description: Operate with considerable latitude in performing highly complex duties related to preparing and analyzing financial information to record transactions, prepare financial reports, and review and verify accuracy. Provide value-added expertise to consultants, auditors, and others in development of new concepts, techniques, and standards. Utilize wide-ranging experience to conduct research and problem-solving. May operate in a lead role within the team.
Responsibilities: Ensure that all invoices and key contracts are reviewed for revenue recognition compliance in accordance with US GAAP (SOP 97-2, SOP 81-1, SAB 101); Prepare Deferred Cost analysis for Costs related to SOP 81-1 revenue recognition; Maintain Project spreadsheet with up to date information on on-going and new SW arrangements; Maintain Revenue Analytics spreadsheet on a monthly basis reconciled against all recognized revenue related to on-going or completed services; Reconcile general deferred revenue account on a monthly basis and keep track of all additions and subtractions to account; Work with the Professional Services team to maintain and improve the process to monitor the progress towards completion for fixed-price arrangements; Answer questions from Legal and Sales related to draft orders with the potential revenue recognition implications; Ensure that all revenue deferrals are communicated and recorded properly, and that the recognition of revenue occurs in the proper periods; Prepare and record monthly J/E’s to recognize revenue; Prepare revenue accounting memos and/or checklists to document accounting positions for unusual and/or significant deals; Participate in revenue recognition meetings with internal and external auditors; Ensure compliance of the Revenue Recognition process with Sarbanes Oxley.
Qualifications/Skills: CPA or equivalent qualification; 2-5 years working with within a Finance / Accounting environment; Previous experience with multi-national software revenue recognition or Big 4 accounting firm experience a distinct advantage; Ability to understand legal contracts and determine the proper revenue recognition; Experience with accounting practices and knowledge of accounting rules and regulations faced by public software companies, including revenue recognition; Experience with ERP systems including Peoplesoft and Softrax as well as hands on experience with Great Plains a plus; Bachelor’s degree required. Additional education or degrees in finance or accounting are highly preferred.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Fannie Mae Needs a Senior Accountant
Fannie Mae is looking for an Senior Accountant – Debt, Derivatives in their Washington, DC/Metro location.
The position requires a minimum of six years experience, with exposure to FASB 52, 91, 133, 155, 157, 159 a plus.
Company: Fannie Mae
Title: Sr. Accountant – Debt, Derivatives
Location: Washington, DC/Metro
Description: Operate with considerable latitude in performing highly complex duties related to preparing and analyzing financial information to record transactions, prepare financial reports, and review and verify accuracy. Provide value-added expertise to consultants, auditors, and others in development of new concepts, techniques, and standards. Utilize wide-ranging experience to conduct research and problem-solving. May operate in a lead role within the team.
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 and accurate transactions; Identify control weaknesses, communicate to management, and operate in a lead capacity in making remedial changes to tighten and enhance controls and mitigate risk; Design and produce reports; Conduct research and analyses on highly complex issues. Devise creative and effective solutions; Provide requested information to auditors, consultants, and others on highly significant matters requiring coordination; Design, modify, install, and/or maintain accounting systems to ensure adequate recognition of financial transactions; May perform highly complex projects or participate as a team member on projects at the highest level of complexity.
Qualifications/Skills: Bachelor’s Degree or Equivalent required; 6-8 years; CPA preferred; Knowledge of financial instruments (debt, derivatives, short term investments) and/or familiarity with financial statements of financial services companies; Knowledge of any of FASB 52, 91, 133, 155, 157, 159 a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs a Real Estate Accounting Manager
Morgan Stanley is looking for an experienced accountant to join their real estate group to be responsible for all aspects of accounting for the company’s real estate leases and associated fixed assets.
The position requires a minimum of three years experience with real estate accounting experience preferred and advanced Excel skills including pivot tables and lookup functions.
Company: Morgan Stanley
Title: Real Estate Accounting Associate/Manager
Location: New York, NY
Description: This position will be responsible for all aspects of accounting for Morgan Stanley real estate leases and associated fixed assets. This position will work closely with the space reporting, strategic analysis, lease administration, space planning and property management groups.
Responsibilities: Review of new leases to ensure financials are accurate in the Real Estate System; Calculate and record straight-line rent adjustments as well as prepare monthly reconciliation and analysis; Promptly respond to requests of internal & external auditors by providing lease documentation and supporting schedules; Month end close and expense accruals; Prepare balance sheet reconciliation of all rent & rent-related accounts; Accrue & monitor all costs associated with abandonment of space & assess adequacy of vacant space reserves on a quarterly basis; Review all Corporate Services fixed assets to ensure they are accounted for in accordance with Fixed Asset policy and are assigned to the right locations; Monthly analysis of space & occupancy variances and drivers; Compute and record Interest on Fixed Asset allocations; Assist with all aspects of accounting for the Morgan Stanley Smith Barney joint venture; Support the Global Reporting Space Initiative; Ad hoc reports.
Qualifications/Skills: Strong Accounting skills with detailed working knowledge of the General Ledger; 3-5 years of accounting experience; Must have advanced Excel skills, including use of Pivot Tables and Lookup functions; Detail oriented with strong analytical and interpersonal skills; Proven track record of good organizational skills, sound time management, and ability to prioritize and multitask; Team oriented; Systems experience: Omega, REM, BOXI; Communication and presentation skills; Bachelors in Accounting; Background in Real Estate Accounting; PC Skills: MS Excel, Access, Word, PowerPoint, Mainframe General Ledger.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Peak6 Investments Needs a Senior Accountant
Peak6 Investments is looking for an experienced accountant to join their team in Chicago.
An ideal candidate will possess superior analytical and reconciliation skills, at least five years of experience in Big 4 accounting is required; CPA designation and previous payroll knowledge is a plus.
Company: Peak6 Investments, LP
Title: Senior Accountant
Location: Chicago, IL
Description: This position will require you to manage accounts of the general ledger within a specific business unit of PEAK6 for which you will be solely responsible in addition, serve as the main contact for all payroll related issues.
Responsibilities: Manage accounts of the General Ledger System; Post and reconcile journal entries; Process semi-monthly payroll for 400+ employees; Work with third parties to resolve payroll tax issues; Assist with the annual audit and be a point person for outside auditors; Drive complex reconciliations Communicate with business leaders within your given business unit; Understand and apply regulatory business rules to accounting procedures.
Qualifications/Skills: Bachelor degree in Accounting, Finance or related degree; Prior Broker Dealer or similar industry experience preferred; Minimum 5 years experience with automated accounting systems in a customer service, high volume, deadline driven production environment is required. Mastery of Generally Accepted Accounting Principles (GAAP) and have familiarity with SEC reporting rules. Creating journal entries and maintaining accounts within an Enterprise Resource Planning (ERP) system is required—Dynamics GP is preferred.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: RBC Needs a Senior Audit Manager
RBC is looking for a Senior Audit Manager to lead a team to provide independent risk assessment and evaluation of the effectiveness of risk management practices, internal control and corporate governance processes in the Capital Markets Finance areas
Requirements include a CA or equivalent, an accounting degree and experience working in financial services with an in-depth knowledge of both U.S. and Canadian GAAP. This position is located in New York.
Company: RBC
Title: Senior Audit Manager
Location: New York, NY
Description: In support of the Senior Manager, Capital Markets Finance, provide independent, objective risk assessment and evaluation of the effectiveness of risk management practices, internal control and corporate governance processes in the Capital Markets Finance areas. Work with management in achieving business objectives by creating solutions to improve business operations, while remaining objective and independent. Key stakeholders include senior management, external auditors, and regulators. Results ultimately impact shareholders, employees and customers. Engagement is defined as a specific assignment, task, or review activity, such as: an internal audit, design review, fraud examination, or consultancy. An engagement may include multiple tasks or activities designed to accomplish a specific set of related objectives.
Responsibilities: Leadership/People Management – Lead a team of senior managers and professional auditors responsible for complex and large engagements in terms of product, location or client relation. – Direct, counsel, and instruct staff assigned to the engagement and review audit plan, findings and reports for sufficient scope and for accuracy. – Provide leadership, coaching, performance management and personal development support. – Ensure that we have competent and sufficient engagement resources, with relevant skill sets to meet each audit and our annual plan. – Raise the technical knowledge of the group through various courses, seminars and in-house training in the areas Capital Markets Finance and related risk management framework, compliance and audit techniques. – Back up for primary Senior Relationship Manager Audit & Planning – In concert with Senior Manager, Capital Markets Finance develops the annual Audit Plan for Capital Markets Finance ensuring that audits confirm to regulatory and internal audit requirements – Provide input and participate in the IAS strategic planning process.
Qualifications/Skills: In depth knowledge of business and key functions of Capital Markets Finance – Project Management – Proficient in auditing principles and techniques – Must have the ability to quickly understand the risks associated with new services and/or routines, products and to formulate practical audit procedures to adequately monitor new risk and ensure adherence to limits. – A understanding of management principles that enable recognition and evaluation of materiality and significant deviations from good management practices – In-depth knowledge of US and Cdn GAAP, complex accounting, auditing standards, business processes – Minimum 10-15 years banking/audit experience.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: UBS Needs an Accounting Director
UBS is looking for someone to join their Fixed Income, Currencies and Commodities (FICC) Structuring Group at the Director level who has expertise in both U.S. GAAP and IFRS.
The position requires four years of relevant experience, and a CPA. Experience in a Big 4 transaction services group is ideal. This position is located in Stamford, CT.
Company: UBS AG
Title: Executive Director/Director – FICC Structuring – Accounting Expert
Location: Stamford, CT
Responsibilities: The candidate will be expected to (1) Structure and execute transactions, and (2) Support the Structuring Group in analyzing and structuring the accounting aspects of transactions. The candidate will report to Head of US RATL.
Qualifications/Skills: The ideal candidate will have practiced accounting in a transaction services group at a Big 4 accounting firm with experience in US GAAP and IFRS. The candidate should have a track record of innovation/creativity. Minimum of 4 years proven relevant experience; 4 year Bachelor’s degree or international equivalent; CPA.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Genworth Financial Needs a Senior Tax Analyst
Genworth Financial is looking for an experienced tax professional to assume senior tax responsibilities including compliance and accounting for income taxes.
The position is located in Richmond, Virgina, requires a minimum of three years experience and a CPA is preferred.
Company: Genworth Financial
Title: Federal Income Tax Senior Analyst
Location: Richmond, VA
Responsibilities: An experienced tax professional to assume senior tax responsibilities including activities relating to federal income tax compliance and accounting for income taxes. The successful candidate will join a team of tax professionals that are responsible for all tax compliance and tax accounting for the Company including controllership.
Qualifications/Skills: BA/BS in Accounting; 3-10 years experience with an accounting firm, large internal tax function; 2-4 years tax experience for a US insurer; Outstanding written and oral communication skills; Ability to read, interpret and summarize technical standards, tax and legal documents; Demonstrated ability to solve technical tax or accounting issues in a fast-paced environment, and to communicate tax or accounting requirements effectively to a non-technical audience; Experience with Tax, GAAP or STAT accounting principles; Expertise with Excel, Word and PowerPoint software; CPA is preferred.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Fannie Mae Needs an Accounting Manager
Fannie Mae is looking for an accounting manager who will manage a staff responsible for collecting, recording, analyzing, and reporting accounting transactions.
The position is located in Dallas, requires six years experience, including 2-4 years of management experience and a CPA license.
Company: Fannie Mae
Title: Accounting Manager – REO and Reserve Accounting
Location: Dallas, TX
Description: Manage a team engaged in collecting, recording, analyzing, and reporting accounting transactions. May manage operations related to general accounting or other specialty areas. Hire, manage, train, develop, and evaluate staff. Develop, implement, document, and ensure adherence to practices and procedures. Participate in or lead special projects.
Responsibilities: Manage daily team activities related to production of timely, accurate, and reliable financial information including profit and loss and balance sheet accounts, booking accounting transactions, preparing and validating account reconciliations, and resolving issues and exceptions on a timely basis; Plan, review, and/or prepare internal and external reports, schedules, and statements; Review, establish, and monitor financial controls. Identify opportunities to streamline and automate. Improve efficiencies to reduce costs; Respond to Audit, consultant, and other stakeholder inquiries and requests; Identify and facilitate technology changes to support business needs; Coordinate and administer assignments, monitor team progress, and maintain schedules; Develop team members and provide ongoing professional guidance and direction.
Qualifications/Skills: Bachelor’s Degree in accounting required; CPA required; 6 or more years of progressively challenging experience in accounting, financial analysis, application of accounting principles, and accounting controls; 2-4 years of management experience with motivating, coaching and developing staff in pursuit of creating a performance driven culture. Additionally, experience managing complex projects involving multiple cross-functional stakeholders and strict time constraints required; Understanding of complex accounting regulations and guidance, including GAAP, SEC, FASB, AICPA, required. Strong knowledge in accounting pronouncements associated with real estate strongly desired; Previous experience in an SEC reporting environment and/or Big 4 Public Accounting experience preferred; Experience with accounting processes of a mortgage company, large financial service institution or real estate company required.; Previous experience implementing and documenting SOX controls required; Demonstrated ability to manage and direct a team with an emphasis on developing the team to high performance; Ability to provide regular feedback to team members and prepare performance reviews as required by company timelines.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Deutsche Bank Needs a Finance Manager
Deutsche Bank is looking for someone to join its Finance Division as a Finance Manager of Global Banking. Responsibilities will include stakeholder management, business solutions, validation and control.
Candidates need a minimum of seven years experience with background that is familiar with both U.S. GAAP and IFRS.
Company: Deutsche Bank
Title: Finance Manager – Global Banking
Location: New York, NY
Responsibilities: Stakeholder Management – the establishment of stakeholder priorities and the development of open communication and feedback with them. Prioritizing business requirements given the resources available; Business Solutions – providing innovative solutions to business requirements, reviewing new structures and business opportunities. You will also challenge new product initiatives to ensure that business assumptions are accurate; Validation & Control – reviewing offshore produced profit and loss (P&L) and risk data produced by service centers. Monitoring key performance indicator performance and developing a thorough understanding of the products and business drivers. This includes P&L, Balance sheet and risk weighted asset analysis; Acting as the contact point to advise on local generally accepted accounting practice and regulatory requirements; Continuing to develop and enhance the relationship and business knowledge of the Professional service centre in Mumbai and to ensure proper accounting is followed especially by the offshore production teams; Move existing onshore finance production to the PSC
Qualifications/Skills: Accounting or Finance background (IFRS and US GAAP); Relevant product knowledge-Securities Lending, Trust And Securities Services (Custody, Hedge Fund administration, Corporate Trust-Structured Financial Services, Global Debt Services); Strong Excel, Essbase and PowerPoint skills are required; 7-12 years of experienced desired.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: An International Bank Needs a VP of Technical Accounting
Ashton Lane Group has a client looking for a VP of Technical Accounting that will be responsible for addressing accounting issues under both U.S. GAAP and IFRS.
Candidates need at least eight years of experience, a CPA license, and a Masters degree is a plus.
Recruiter: Ashton Lane Group
Title: VP – Technical Accounting
Location: New York, NY
Description: Advisory expert for complex accounting policies for an international bank
Responsibilities: Analyze accounting treatment for a wide range of complex transactions under both US GAAP and IFRS; Provide on-going support to the financial and regulatory control functions; Work closely with a network of experienced technical accountants globally to provide a cohesive accounting framework; Assist in reviewing US GAAP financial statements and filings; Participate in the new product and trade review functions in New York; Stay abreast of new and emerging accounting developments and assessing their impact on the business.
Qualifications: CPA (or equivalent) with 8+ years financial control experience within financial services; Broad knowledge of International Financial Reporting Standards (IFRS) and US GAAP; Excellent PC skills, proficient in Excel, knowledge of GL packages a plus; Strong interpersonal and communication skills; Bachelors Degree or equivalent required, Masters degree a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Deutsche Bank Needs a Principal Auditor – Assistant Vice President
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Bloomberg Needs an Accounting Manager
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.
Company: Bloomberg
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: VeriFone Needs an Internal Auditor
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.
Company: VeriFone
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Asset Manager Needs a Senior Corporate Accountant
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).
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Jobs of the Day: Barrier Advisors Needs Associates and Analysts
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
Location: Dallas
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Asset Management Company Needs a Tax Manager
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Bloomberg Needs a Senior Accounting & Finance Analyst
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.
Company: Bloomberg
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs a VP – Transfer Pricing/Tax Controller
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).
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Bloomberg Needs a Management Planning & Analysis Professional
Bloomberg needs someone to join their Management Planning & Analysis team to help develop and evaulate business reporting for all aspects of the Company’s business.
Qualifications include 5 to 7 years experience in analytic, metrics role, highly skilled with data analysis applications (e.g. Excel, Access, SAP BW) and an advanced degree is preferred.
Company: Bloomberg
Title: Management & Planning Analysis
Location: New York
Description: The primary responsibilities of the MP&A team is to develop performance reporting for all areas of the Bloomberg business in order to (1) evaluate performance against goals, (2) support business decisions and prioritization of resources, and (3) increase transparency of results to better align goals within the organization.
Responsibilities: Analyze data and processes; Develop and articulate solution definitions; Assist in the collection and consolidation of required information and data; Analyze large data sets in detail and develop critical insights/analyses; Document processes and requirements; Research industry and competitive position; Perform evaluation and analysis of periodic (weekly, monthly, quarterly) reporting of departments performance against these business plans and metrics; Prepare presentations in support of senior management presentations; Work on ad-hoc reporting to analyze success of various corporate business initiatives; You will also be responsible for maintaining standards for reporting including ensuring proper documentation and consistency of data used in reporting and the development and/or evaluation of reporting tools such as SAP Business Warehouse, internal reporting systems,
etc.
Qualifications: 5-7 years in an analytical, metrics focused role; An undergraduate degree is required. An advanced degree is preferred; Ability to provide solutions based on analysis of large data sets, business plans and goals; Previous experience within a multimedia firm a plus; Proficient with all Microsoft applications; highly skilled with data applications including but not limited to Excel, Access, SAP BW; Ability to learn and adapt new technology and software quickly to meet immediate demands; Ability to execute projects in high pressure environment while clearly articulate roles, project goals, and timelines; Comfortable with taking input/direction from team members and internal customers and appropriately and accurately applies comments/feedback; Embodiment of our core competencies – effective communicator, highly ethical, creative, continually develop business expertise; Hard-working, intelligent, and professionally assertive with a strong work ethic; Results oriented attitude; makes commitments and follows through; Willingness to work with small teams in all aspects of assessment and implementation.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Insurance Expert with Big 4 Audit Experience Needed in New York
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Hamilton Lane Needs a Reporting Analyst
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 the entire description over at the GC Career Center and visit the main page for all your job search needs.
Holiday Weekend Accounting News: KPMG Bolts Iran; Financial Statement Reader App for iPad?; IRS Job Creation; Another Koss Fraud Theory; Toni Braxton Tax Trubs; Illegals Bilk IRS for $13 mil; Job of the Day | 04.02.10
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!
Job of the Day: Northwest Needs an Accounting Manager
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.
Company: Northwest
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Newsflash: Accounting Candidates Are Stalked
In what should come as no surprise, social media and its effect on the job market continues to be a conversational presser. The topic is often discussed by nobodies (like myself) in online environments like Twitter and blogs (here’s looking at you, GC), but as the topic shifts from the Wild West of the Internet blog-o-sphere and into dinner conversation circles, CNN is jumping on the topic.
CNN’s article expanded on a recent study by Microsoft that “found that 79 percent of United States hiring managers and job recruiters surveyed reviewed online information about job applicants. In fact, 70 percent of United States hiring managers in the study say they have rejected candidates based on what they found.”
You read that correctly – 79 percent of recruiters and hiring managers Google stalk their candidates. If this was a toothpaste study, that’d be 4 out of 5 dentists. Convincing, right?
As busy season winds down and the itch to test the job market becomes irresistible, what should you do? Many of the people interviewed in CNN’s piece changed their Facebook profile names to be something other than their first and last names. This is all fine and dandy except for the fact that profiles can still be searched by email address, employer and school networks, and geographical location. So yeah, switching your name from Jay Smith to Jay Tizzy is great until your recruiter types the email address on top of your resume into Facebook and finds your page.
What should you do? I covered the importance of Facebook etiquette a few weeks back (refresher can be found here), and I can’t stress how important it is to take advantage of their privacy settings. Once you set them accordingly you should test them out yourself. Log out of Facebook, Google yourself, and click on the search result that is for your public profile. What you’re able to see this way is exactly what your recruiter or potential new boss is limited to.
Pictures of last weekend’s rager? Probably not a good idea. Tighten up your security settings until you’re satisfied with how you’re represented online.
Job of the Day: Credit Suisse Needs a Head of Valuation Testing
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: BNP Paribas Needs an Experienced Accountant
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Citi Needs a Expense Controller
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.
Company: Citi
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Visa Needs a Controller of Business Operations
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.
Company: Visa
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Wescott Financial Advisory Group Needs a Senior Accountant
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Computer Sciences Corporation Needs a Tax Manager
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.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs an Infrastructure Controller
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
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: BlackRock Needs an IT Internal Audit Manager
BlackRock is looking for an experienced auditor who has is familiar with testing of SAS 70 and Sarbanes-Oxley technology controls.
The position requires 9 years experience with Big 4 firm and professional certifications (e.g. CPA, CISA). The position also requires approximately 20% travel.
Check out the details for this position, based in New York, after the jump.
Company: BlackRock
Title: IT Internal Audit Manager
Location: New York, NY
Experience Required: 9 years
Description: The candidate will supervise one to two staff and will work closely with other internal auditors in executing the global integrated internal audit plan. The candidate will report to the Director of Internal Audit IT, who reports to the Global Head of Internal Audit. BlackRock’s internal audit group is comprised of approximately 40 professionals based principally in New York, San Francisco and London, with additional personnel in Edinburgh, Tokyo and Hong Kong.
Responsibilities: More than 9 years experience in the fields of information technology audit, information security and technology risk management; Strong experience auditing operating systems, databases, networks, and technology operations; Experience working within a risk based internal audit function executing audit planning, fieldwork and report writing; A good understanding of information technology, technology risks and emerging technologies; A good understanding of information technology best practice disciplines and frameworks such as CoBIT, ITIL and COSO; Experience managing small teams of skilled professionals and building strong trusted relationships with senior IT and business management.
Qualifications: Experience of auditing Unix, Linux, Sybase, Oracle, MSSQL and Windows; Experience working in a global financial services firm, and a good understanding of the asset management industry and regulatory environment; A “Big 4” background and experience of SAS70 and SOX technology controls testing; Experience working in a non-audit role such as information security or technology operations; Professional certifications such as: CPA, CISA, CISM, CISSP, GSNA, CGEIT, CRISC; Additional technical knowledge, e.g. attack and penetration techniques, security configuration audit tools and techniques, development tools and languages, data modeling and data management techniques.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs a Merchant Banking Accounting VP
Morgan Stanley is looking for someone to join their Merchant Banking Accounting and Control Group to handle day-to-day operations and managing the processing and the financial reporting of several products including real estate, private equity and infrastructure.
The position requires three to five years experience. Get more details on this position in New York after the jump.
Company: Morgan Stanley
Title: Merchant Banking Accounting VP
Location: New York, NY
Description: This position within the Merchant Banking Accounting and Control Group includes responsibilities of handling the day-to-day operations and managing the process and deliverables involved in consolidated accounting and reporting of the various Merchant Banking products (Real Estate, Private Equity, Infrastructure, and other private placements) as related to Morgan Stanley’s interest, both as a General Partner and Limited Partner, in each of the underlying funds.
Responsibilities: Ongoing support to and liaison with the Business Unit/Senior Management/Corporate / External Reporting/Segment Group/Fund Controllers/Various Other Internal Divisions: Responsible for monthly close process (Firm’s books); Involvement in new product developments and meetings; Involvement in accounting policy development and implementation; Other areas of exposure include Maintaining the general ledger and Marking to market the Morgan Stanley LP and GP interests in various Merchant Banking funds, Various Disclosures Requirements (FIN 45, FN 46R, FAS 157, FAS 157 g, FAS 159, FAS 160, FAS 161, etc.), SOX /404 documentation, Balance Sheet Review & Reporting, Legal Entity Reporting, Process Control, Transfer Pricing, PBT Analysis, Expense Analysis & Billing, Due Diligence, Senior Management Reporting, Cost of Capital, and others
Qualifications: 3-5 years experience; Bachelors Degree in Accounting or Finance; Strong Accounting Skills
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Thomson Reuters Needs a Finance Manager
Thomson Reuters needs a highly motivated and proactive with a strong bias toward action for a Finance Manager position. Responsibilities include contribute to the Company’s Operating Committee review and the quarterly financial reviews for presentation to senior management.
The position requires a minimum of seven years experience and a CPA and/or MBA.
Get more details on this position in New York after the jump.
Company: Thomson Reuters
Title: Finance Manager
Location: New York, NY
Description: The Finance Manager role will provide decision support at the TRM level helping to ensure that the business has full visibility into its financial performance so that it is able to achieve both its short term revenue and OI targets as well as the longer term strategic growth. The regular output will be to contribute to the Operating Committee review and the Qtly Financial reviews these reviews will then drive the ad hoc analysis required by senior management.
Responsibilities: Preparation of the Operating Committee review/Qtly finance review; both data preparation (requires financial systems & excel proficiency) and comprehension & analysis to explain underlying variances, trends and themes for presentation to management; other ad hoc analysis (e.g. deep dive into revenue by type/region driven by the financial results or competitive market factors); develop analyses to help understand key business drivers (e.g.profitability/resource allocation & the presentation of findings via Powerpoint); identification of financial process improvement initiatives; liaison with key members of the finance organization – SBU /functional areas & FPA/Controllership function for data validation
Qualifications: Undergraduate degree in finance, or accounting is preferred and CPA and/or MBA is a plus; proficiency in Excel and Powerpoint; experience of complex issues and able to exercise judgment in evaluating criteria and making decisions; prior management experience desirable; minimum 7 years commercial experience; working knowledge of the Financial Services & Information Solutions industry
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Duff & Phelps Needs a Staff Accountant
Duff & Phelps is looking for a staff accountant that has at least three years experience and is a CPA or a CPA candidate with Sarbanes-Oxley experience preferred.
Get more details on this position in Morristown, NJ after the jump.
Recruiter: Duff & Phelps
Title: Staff Accountant
Location: Morristown, NJ
Description: This Staff Accountant position reports directly to the Assistant Controller in the Accounting / Finance Organization in Morristown, New Jersey.
Responsibilities: Process data using various computer applications; prepare balance sheet account reconciliations; prepare journal entries; assist with various information requests from management; assist with the preparation of analytic packages
Qualifications: BS in Accounting; minimum three years of experience in finance or accounting role; CPA certification or currently in pursuit of the CPA certification; knowledge of Lawson Financials applications; knowledge of Business Objects; knowledge of Sarbanes-Oxley.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Dell Needs an Audit Consultant
The description, qualifications and desired experience all sound familiar for an internal audit position but we’ll refrain from coming right out and calling it that.
Dell needs someone for this position that has at least four years of audit experience with CPA, CMA, CIA and APICS all highly desirable.
Get more details on this position in Austin, TX after the jump.
Recruiter: Dell
Title: Audit Consultant
Location: Austin, TX
Minimum experience: 4 years
Description: The consultant candidate will responsible for executing audit scopes formulated to evaluate the effectiveness, efficiency and sustainability of activities/economic drivers that create enterprise market value. Specifically the consultant will test whether an Risk Management framework exists and is functioning effectively for each selected auditable entity.
Responsibilities: Audit against a set of defined control objectives; meet project schedules; interview appropriate personnel and document results; perform appropriate testing; understand root causes, risks and opportunities of individual areas; synthesize ideas within the project team; write portions of published reports; track the status of action items; perform evaluations relative to management assertions based on accounting information arising from business activities; utilize independent judgment and initiative in the recognition and resolution of problems and discrepancies; provide guidance to the Business on matters pertaining to internal controls and process improvements; carry out ad-hoc investigations
Qualifications: A bachelor’s degree is required, MBA is a plus; four+ years of finance experience with a combination of the following would be preferred: Project management; Business controls; Audit experience
CPA, CMA, CIA and APICS certifications are all desirable; Language skills are a plus
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs an Internal Audit Senior Manager
Morgan Stanley needs a Internal Audit Senior Manager to join its Institutional Securities Group. This person will assist the Institutional Securities audit team in completing its annual audit plan, communicating to senior management and the Audit Committee those areas requiring control enhancements and improvements.
The position requires a minimum of seven years experience with a CPA license or equivalent strongly preferred.
Get more details on this position in New York, after the jump.
Recruiter: Morgan Stanley
Title: Internal Audit Senior Manager – Institutional Securities Group
Location: New York, NY
Minimum experience: 7 years
Description: The person in the role will assist the Internal Audit department’s Institutional Securities audit team in completing its annual audit plan, communicating to senior management and the Board Audit Committee those areas requiring control enhancements and providing recommendations for improvements.
Responsibilities: Preparing audit planning memorandum including identifying and evaluating key risks, setting audit scope, determining budgets and staff assignments; possessing considerable experience performing walkthroughs, assessing the internal control environment and performing controls and substantive testing; being able to supervise and mentor junior staff, and review work papers to ensure they meet internal standards; being able to manage audits to meet budgets and the time frame for completing audits; being able to properly assess potential findings for significance; drafting audit reports including writing clear and concise findings and recommendations; following up actions quarterly with clients through to completion.
Qualifications: 4 year college degree required, CPA or international equivalent strongly preferred; seven to ten years experience in financial services with a preference for those with at least five years auditing financial services; strong knowledge of financial instruments including derivatives (e.g. good understanding of option valuation, able to discuss trading strategies with the front office).
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Ready to Be the Director of Finance?
After graciously making room for our advertisers yesterday, the Job of the Day returns with a Director of Finance position in New York City through MJ Boyd Consulting.
The position requires someone with a minimum of ten years experience and responsibilities include GAAP and Sarbanes-Oxley compliance, along with overseeing the financial reporting process.
Get more details on this position after the jump.
Recruiter: MJ Boyd Consulting
Title: Director of Finance
Location: New York, NY
Description: Ensuring financial statements are in accordance with GAAP, reporting company performance, and identifying opportunities, risks, and cost cutting initiatives.
Responsibilities: Prepare annual budget, monthly forecast, and other financial reports as needed; define and analyze key areas of the business, including product profitability and student retention; provide financial advice and guidance to senior management; contribute to strategic planning and development as member of management team; ensure compliance with GAAP; ensure compliance with Sarbanes-Oxley; support monthly financial close; balance sheet and P/L analysis, reconciliation; enhance financial analysis and reporting; interact with Corporate Accounting; develop cost reduction and cost management initiatives.
Qualifications: Bachelor’s degree in Accounting or Finance required; CPA qualified, Masters preferred; Strong understanding of GAAP and its application to business issues; 10+ years progressive accounting/finance experience, including strong operating unit experience; exceptional analytical and financial analysis skills; strong computer aptitude and proficiency, including expert Excel skills; reporting functions will require ability to quickly obtain Oracle General Ledger mastery, as well as proficiency querying a number of Oracle and proprietary databases using SQL.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Thomson Reuters Needs XBRL Accounting Consultants
Regardless of the sluggish pace of XBRL becoming the norm for SEC filers, Thomson Reuters has two positions available in the EDGARfilings division of Business WestLaw.
The Senior Consultant position requires a minimum of 7 years experience and the Junior Consultant position requires a minimum of 3 years experience.
Get more details on these positions, located in Houston, after the jump.
Company: Thomson Reuters
Title: XBRL Accounting Consultant; Senior XBRL Accounting Consultant
Location: Houston, TX
Description: EDGARfilings, a division of Westlaw Business, a Thomson Reuters Company, seeks an XBRL Accounting Consultant to work with a team of professionals to assist public companies file in XBRL using cutting-edge technology. This role will involve the creation of a customized taxonomy mapping document for a client’s financial statements, footnotes, and financial statement schedules by mapping each item to an element from the US GAAP Taxonomy (UGT) developed by XBRL US, the national consortium for XML business reporting standards
Responsibilities: Create a customized taxonomy document using a client’s recent filing with the SEC (10-Q or 10-K) as well as the US GAAP Taxonomy (UGT); consult with clients in a timely manner to determine and confirm which of their reported financial statement items appear to map directly to the UGT or which ones may require the creation of customized extension elements in order to create an XBRL instance document; use information provided by the SEC, in addition to whatever additional material is required, to understand evolving XBRL compliance requirements and address client questions related to their specific compliance requirements.
Qualifications: For Senior XBRL Accounting Consultant: Must have an Accounting or Finance Degree
CPA or Financial Reporting experience preferred with 7-10 years of experience
XBRL Accounting Consultant: Must have an Accounting or Finance Degree; CPA or Financial Reporting experience preferred with 3-5 years of experience
See both descriptions over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Dell Needs an Accounting Manager
Dell has an Accounting Manager III position that will oversee the financial reporting for business operating units (i.e., sales, marketing, service), treasury, cost and corporate areas.
The position requires a minimum of 6 years experience and a CPA is preferred.
Get more details on this position, located in Austin, TX after the jump.
Company: Dell, Inc.
Title: Accounting Manager III
Location: Austin, TX
Minimum experience: 6 years
Description: Responsible for developing and maintaining financial accounting systems and preparation of financial statements and management reports in one or more of the following areas: Business operating units (i.e., sales, marketing, service), Treasury, Cost and Corporate. Applies knowledge of accounting principles, practices and processes to activities associated with maintaining ledger accounts and developing financial statements and reports.
Responsibilities: Manage the maintenance of the accounting system to ensure that it accurately reflects the financial status of the business unit; review journal entries and supporting documentation to ensure accurate reporting; review monthly account reconciliations; determine cost center requirements and rollup structures and coordinate update requirements with the Financial Control Group within determined deadlines; implement system improvements to increase department efficiency and accuracy; review internal and/or external audit process and documentation for completeness and accuracy; manage accounting staff and prioritize activities to meet close deadlines as assigned; coordinate communications with and support provided to business unit finance group; coordinate, develop, issue, review and update business unit financial accounting and operating policies; ensure that the internal financial reporting requirements of the company are met; advise, consult and present to executive management on financial and/or accounting issues involving business activities for a business unit to ensure proper compliance with laws and GAAP; recruit, retain and develop accounting staff.
Qualifications: Bachelor’s degree in or Accounting with 6-8 years experience or equivalent training and experience. CPA Preferred.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: VP of Financial Reporting and Fund Admin. at J.P. Morgan
The Vice President of Financial Reporting/Fund Administration postion requires someone with extensive experience with funds that are subject to the Securities Act of 1940.
This individual will oversee the preparation of quarterly, semi-annual and annual reports to shareholders and to the SEC.
Get more details on this position, located in Boston, after the jump.
Company: J.P. Morgan
Title: Vice President – Financial Reporting/Fund Administration
Location: Boston, MA
Responsibilities: Oversee the production of the Fund’s quarterly, semi-annual and annual reports to shareholders and file with the SEC; Coordinate shareholder report mailings with transfer agent or distributor; Ensure the timely completion and review of all financial statements prior to production; oversee the preparation and review of filing; Form N-SAR and N-Q; oversee the preparation and filing of Form N-CSR for all funds with SECWork with the Fund’s legal counsel and outside auditors with regard to filings, examinations, and reporting; provide Fund’s Board of Directors and Fund Management with timely, essential and accurate reporting of Fund operations; prepare correspondence for distribution to Fund management and Board of Directors when deemed appropriate; manage all financial reporting responsibilities as appropriate.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: BlackRock Needs a Hedge Fund Accountant in Seattle
BlackRock’s Emerald City locale needs someone that’s ready to dive head first into the world of alternative investments.
They are looking for a hedge fund accountant who will be responsible for several duties including preparing financial statements and acting as the liaison for the external auditors and the fund administrator.
Get more details after the jump.
Company: BlackRock
Title: Hedge Fund Accountant
Location: Seattle, WA
Responsibilities: Accounting (GAAP) for several of the firm’s Hedge Fund Products, including monthly valuation procedures; Preparation of monthly, quarterly and annual Financial Statements with supporting documentation (tie outs); Continuous cash reconciliation procedures for Fund investment purposes; Liaise with Funds’ independent auditors and offshore administrator; Communicating performance results to investors and resolving investor’s questions; Custom reporting and projects for investor specific needs; Partnering and Communicating with various internal business units regarding ARS Fund Products and performance data; Group project opportunities related to implementation of new product accounting and operational procedures.
Qualifications: Bachelors Degree in Accounting or Finance or commensurate experience; 1-3 years of relevant accounting work experience. Investment or fund accounting experience is desirable, as is public accounting experience.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: The Association for Financial Professionals Needs a Controller
After taking President’s Day off, the Job of the Day returns with another opportunity with a non-profit organization, this time at the Association for Financial Professionals in Bethesda, Maryland.
They are looking for a Controller that is a CPA with staff management experience.
Get more details after the jump.
Company: Association for Financial Professionals
Title: Controller
Location: Bethesda, MD
Responsibilities: Internal and external financial reporting, making recommendations to existing accounting procedures and the internal control environment, and overseeing the annual audit to include AFP’s international subsidiary organizations.
Qualifications: Along with a demonstrated proficiency in GAAP/SOX/tax knowledge, successful candidates will have prior experience in preparing monthly consolidated financial statements for a multi entity international operation, accounting for foreign currency and intercompany transactions and managing organizational risk programs and initiatives. Proficiency with Great Plains Accounting systems preferred. Staff management experience and a current CPA is required.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Non-profit Org Needs a Director of Finance
Maryknoll Fathers and Brothers was founded in 1911 and serves people in need in 27 countries.
They need a Director of Finance that has a CPA/MBA with a minimum of eight years experience.
Get more details after the jump.
Company: Maryknoll Fathers & Brothers
Title: Director of Finance
Location: New York, NY
Experience: 8 – 10 years
Responsibilities: Under the direction of the Chief Operating Officer, directs and oversees the operations of Maryknoll’s Controller and Treasury Departments and is accountable for budgetary oversight, managing accounting/financial practices, policies, systems and processes, tax and regulatory requirements and Maryknoll’s internal control environment. On a strategic basis, under the direction of the Chief Financial Officer, managing and implementing the strategic plans for Maryknoll and its affiliated charitable trusts.
Qualifications: Requirements include a CPA and/or Master’s degree in Business Administration, Accounting, or Finance; 8-10 years of experience in senior level financial management of a non-profit organization, preferably faith based, with increasing responsibilities for direction and planning; strong knowledge of general laws and administrative policies governing non-profit organizations and G.A.A.P.; familiar with tax codes, trust management and investments strategies; familiar with health care systems a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Deutsche Bank Needs Your GAAP and IFRS Knowledge
Deutsche Babk need someone to join their Finance Division; preferably someone that has knowledge of both U.S. GAAP, IFRS and bonus points for you if you know anything about German HGB accounting.
The position requires at least four years experience and a CPA/MBA is desirable.
Get more details after the jump.
Company: Deutsche Bank
Title: Finance Manager – VP
Location: New York, NY
Experience: 4 – 8 years
Selected responsibilities: All DB legal entity financial reporting for a number of subsidiaries supported in DE. This includes all general ledger balances, and reporting oversight for risk, intercompany reconciliation, regulatory and management purposes; Requires compliance with corporate and regulatory policies. Must be able to identify when a transaction may impact certain key policies, and know when to refer issues to key contacts in treasury, accounting policy, legal, tax and regulatory areas; Work with Accounting Policy and DB Advisory to properly apply GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) to transactions initiated by business lines that will be recorded on legal entities.
Qualifications: BS/BA Accounting and 4-8 years work experience in financial accounting; CPA or MBA is desirable, but equivalent experience acceptable; Experience with SAP, Essbase and or BCS (Business Consolidation System) a plus; Good knowledge in IFRS GAAP and/or US GAAP needed. Any knowledge of German HGB accounting standards a big plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Genworth Financial Needs an Assistant Controller
Genworth Financial needs an assistant controller that can manage a variety of responsibilities including overseeing the SEC reporting process, staying cognizant of technical accounting issues, and engage with external auditors.
Qualified candidates need a CPA and a minimum of 8 years experience with a Big 4 or public company experience; preference to those with insurance and international experience.
Get more details after the jump.
Company: Genworth Financial
Title: Assistant Controller
Location: Raleigh, NC
Experience: 8 – 12 years
Description: Reports to the International Controller in the International Headquarters in Raleigh, NC. The role has oversight of 3 reports across the globe.
Responsibilities: Manage monthly close process facilitating with our Corporate headquarters and our platform level controllership teams within the various countries; individually perform and oversee aspects of GAAP reporting, maintaining strong communications between our countries and our Corporate partners (Analytics, Financial Statement Review); provide technical guidance on US GAAP treatment to our in-country Controllers in conjunction with our Corporate TAG (Technical Accounting Guidance) group; develop and lead change process internationally to ensure continuing compliance with technical developments; responsible for Controllership aspects of New Country and New Product Launch, Acquisitions, and Divestitures in conjunction with our Corporate partners; provide analysis and business input on quarterly SEC reporting and necessary audit support; responsible for participating in Genworth wide finance and non-finance initiatives as required by the business; oversee and manage the account reconciliation process; follow-through and execution of all identified audit findings, as necessary; proactively identify and facilitate global resolution of issues; participate in policy review and implementation.
Qualifications: CPA; BA/BS in Accounting; Strong understanding of ERP Ledger systems (Oracle, SAP, PeopleSoft); Public Company Experience; Big 4 Accounting Experience; Strong Project Management and Process Skills; 8 – 12 years Experience.
Preferred Qualifications: Insurance Industry Experience; international experience; MBA
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Morgan Stanley Needs a Stock Option Guru
With all the outrage around big bonuses more executives (read: Jamie, Lloyd) will be getting larger portions of their payouts in the form of equity. This is good news for those of you that can’t get enough of FAS 123(R) or Topic blah blah blah in the codification.
Morgan Stanley is looking for an associate or senior associate to join their financial controllers group that will specialize in compensation reporting, preferably a CPA or CPA candidate with proficiency in equity-based compensation plans.
Get the details after the jump.
Company: Morgan Stanley
Title: Associate/Sr Associate – Financial Controllers (Compensation Accounting)
Location: New York, NY
Experience: 2 – 5 years
Description: Compensation Accounting Team within HR Controllers is seeking to fill a newly created position at the Associate or Sr. Associate level. This position will be responsible for functions related to compensation reporting and will work on the accounting related to the firm’s equity-based compensation plans.
Responsibilities: Managing the reporting of actual and estimated earnings per share information for external reporting purposes and monthly forecasting to senior management; Monthly, quarterly and year-end financial close activities: general ledger maintenance, journal entries and account reconciliations; Booking amortization for stock-based compensation performance awards and cash-settled equity awards; Maintaining a strong control environment and audit documentation over various share reporting & earnings per share related areas; Improving the reporting and analytics related to equity-based compensation plans.
Skills: B.A./B.S. Accounting or Finance; CPA or CPA-candidate preferred; approximately two to five years related work experience in financial accounting and/or financial reporting preferred; financial services industry and stock-based compensation experience preferred; proficiency in technical accounting research skills related to earnings per share and stock-based compensation preferred (e.g., FAS 128, FAS 123R, ASC 718, ASC 260).
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Help Jamie Dimon Celebrate His $16 Million Bonus
Probably not but now that Jamie Dimon’s bonus is out, don’t you wish you could be him? Right. We all do. For starters, you could at least get a gig at the same company.
J.P. Morgan is looking to fill an AVP Senior Financial Associate role in their Worldwide Security Services group in the division of Treasury & Securities Services. Get the details after the jump.
Title: Senior Financial Associate – AVP
Location: New York, NY
Description: The Worldwide Securities Services Planning, Reporting and Analysis team is responsible for providing Business and Finance Executives standardized, meaningful and timely MIS to facilitate management decision making in support of performance analysis, forecasting and planning.
Responsibilities: Coordinate the weekly/monthly revenue and expense forecast process; deliver consolidated analysis, inclusive of the consolidated monthly and quarterly executive reviews; monitor the month-end close; support the annual planning processLiaise with product and function CFOs to understand the drivers of business variancePlay a proactive role in enhancing the current BAU processes.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Investment Management Firm Needs a Senior Financial Reporting Accountant
A SEC registered investment management firm that manages approximately $9.6 billion in total assets with a staff of 65 employees needs a Senior Financial Reporting Accountant with SEC and internal reporting experience in Rosemont, IL.
Qualified candidates include a CPA or CPA candidates with three years experience, preferably in public accounting.
Get more details for this position after the jump.
Title: Senior Financial Reporting Accountant (SEC & Internal Reporting)
Location: Rosemont, IL
Minimum Experience: 3 years
Responsibilities: Coordination of quarterly SEC financial report preparation (10-K, 10-Q), including the drafting of initial updates to financial statements, footnotes and management discussion and analysis; Processing management, legal and auditors changes and maintaining blackline versions and distributions to reviewers as well as the coordination of the EDGARization process with outside vendor; Assisting with preparation of monthly internal financial reporting package, including the preparation of comparative analysis as well as the preparation and tie-out of information used to prepare supporting schedules.
Qualifications: CPA or CPA Candidate with at least 3 years of experience with SEC reporting; Public accounting experience preferred; Knowledge of financial statements and generally accepted accounting principles to prepare, reconcile, and analyze financial statements (e.g., earnings statements, balance sheets, statements of cash flows, supporting footnotes, etc.); Knowledge of applicable regulatory rules (e.g., Security and Exchange Commission, Financial Accounting Standards Board, etc.) for external reporting.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Genworth Needs a Financial Analyst
An analytical CPA/CFA/MBA is needed for a position located at the Genworth HQ in Richmond, Virginia. Qualified candidates need to have at least five years of Big 4/public accounting experience or experience in financial services or insurance.
Check the more details for this position after the jump.
Company: Genworth Financial U.S.
Title: Sr. Finance Analyst – Strategic Capital Planning
Location: Richmond, VA
Minimum Experience: 5 years
Description: Genworth Financial is looking for a highly experienced and analytical CPA, CFA or MBA to join the Genworth HQ Stat Financial Planning & Analysis team.
Responsibilities: Liaison with various functional areas of the business, including Treasury, Tax, HQ GAAP FP&A, Business Development, Controllership, and Segment Finance groups as needed to consolidate long-term enterprise-wide financial plans, including all key financial metrics; Maintain models for use in updating the consolidated financial plans as needed and to show the impacts of various “what-if” scenarios on all key financial metrics; Use this information and analysis to support strategic corporate planning, including communications to the Board of the Directors; Support the management of the Corporate and Executive Capital Committees, including maintaining committee calendar, minutes and follow-ups, organizing and distributing materials, and documenting project statuses and approvals; Support the Business Development team by providing regular financial inputs, and ad hoc data and analysis as required; Support Board of Director, Quarter Close, Planning, Rating Agency and Capital Committee presentations and analysis as needed
Qualifications: CPA, CFA, or MBA designation; 5-7 years Financial and/or Insurance Experience; Prior Big 4 or public accounting experience; Corporate Finance Experience;
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Fund Accounting Analyst at J.P. Morgan
Who wouldn’t want to get into Jamie Dimon’s house? JPM is looking for an AVP/Fund Accounting Analyst in Boston.
Check the details for this position after the jump.
Company: J.P. Morgan
Title: Fund Accounting Analyst – Supervisor
Location: Boston, MA
Description: As an Assistant Vice President in the Global Support Unit, you will be responsible for establishing and reviewing the controls of the daily operation, ensuring adherence to procedures and policies, and for providing necessary data to senior management and clients.
Responsibilities: Manage up to four supervisors, each with a staff of four to six fund accountants, senior fund accountants and support positions; Your core responsibilities include: interviewing, hiring and coordinating the training of new employees; performing salary and performance reviews of the staff; reviewing key areas of daily operations in order to ensure accuracy and compliance with procedures and controls; ensuring the completeness and timeliness of reporting to clients, outside parties, and other internal departments; assigning responsibilities and ensuring an efficient work environment; reviewing accounting related issues including posting corporate actions, interpreting tax rulings
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Moody’s Needs a Senior Internal Auditor
Moody’s needs a senior internal auditor to help keep their internal controls tip-top.
The position requires 3 to 5 years of experience and requires some both domestic and international. Check out more details for this position after the jump.
Company: Moody’s
Title: Senior Internal Auditor
Location: New York
Minimum experience: 3 years
Responsibilities: Plan and execute financial, operational and SOX audits of Moody’s ratings and analytics businesses in accordance with the internal audit plan and departmental & the Institute of Internal Auditors standards; Develop a complete understanding of Moody’s ratings and analytics business, current accounting, compliance and operating policies; Assist Internal Audit management with defining and updating the annual and long-range internal audit programs based on associated financial, operating and compliance risks;
Execute internal audits with the following responsibilities: Plan and communicate the detailed audit scope; Supervise & develop staff auditors; Oversee 3rd party internal audit professionals; Ensure timely completion of audits; Communicate all aspects of audit results / findings timely from the closing meeting to the final audit report; Assist with updating Internal Audit policies and procedures based on changes within the profession.
Qualifications: Bachelor’s degree in Accounting with approximately 3-5 years experience; A combination of Big 4 Accounting firm and private industry experience is preferred; CPA required; Ideal candidate will have an understanding and experience of a global organization and a strong knowledge of GAAP; Ability to travel 20% (domestic & international); Proficiency in financial system is a must – PeopleSoft Financials highly desirable.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Citi Needs a Financial Accounting Analyst
If busy season is already kicking you in the teeth and nothing has been able to motivate you, then perhaps it’s time to try something new. Or perhaps you just woke up and you realized you’ve got to pull your life together.
Whichever applies, Citi is looking to fill a Financial Accounting Analyst position with a minimum of five years experience in New York. Get the rest of the details after the jump.
Company: Citi
Title: Financial Accounting Lead Analyst
Location: New York
Minimum experience: 5 years
Responsibilities: Participate in analyzing and advising on the regulatory capital implications of broad Corporate strategic initiatives (including, for instance, potential M&A activities); Partner with the Corporate Regulatory Reporting team in addressing regulatory capital and reporting issues of significance; Interface with Corporate staffs (e.g., Accounting Policy, Treasury, Corporate Reporting) regarding certain regulatory capital matters; Garner exposure to Clearing House discussions as well as those with the U.S. banking agencies (Fed and OCC) regarding complex and/or nuanced regulatory capital or other relevant regulatory matters of significance.
Skills: Bachelor of Science Degree – Accounting Major; CPA; 5 – 10 years professional experience, preferably a combination of public (ideally Big 4) and private within the financial services industry (commercial or investment bank); Preferably GAAP Accounting Policy or Regulatory Reporting or Advisory experience
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: State Street Needs a GAAP Guru in Boston
After taking Wednesday off, the Job of the Day returns with an opportunity at State Street that has the expectation for advancement within the Corporate Accounting and Finance departments.
The catch is, you better know your GAAP; specifically FAS 123, FAS 158 and FAS 132. Don’t ask us which topics they are in the new codification.
Check out the details for a Policy and Technical Accounting Director in Boston, after the jump.
Company: State Street
Title: Policy and Technical Accounting Director, Vice President
Location: Boston
Minimum experience: 8 years
\Responsibilities: Reviews transactions of high complexity, determines appropriate GAAP accounting and communicates this to management; Interacts with various line and corporate functions to provide input into the initial structuring of transactions to achieve desired accounting results, providing innovative and creative solutions to clients; Analyzes FASB, IASB and SEC pronouncements and assists in preparing of corporate response; alerts and educates management on accounting developments, and provides input into strategies to take advantage of accounting developments; Develops and communicates changes in accounting policies and current accounting issues; Drafts guidance, where necessary, on new accounting rules, and regulations from regulatory bodies such as FASB, EITF, AICPA, IASB and SEC.
Skills/Requirements: Proven track record of advancement, with a minimum of 8-10 years experience at a large financial institution or a national Public Accounting Firm; Subject matter expert in accounting and finance with some knowledge of bank and securities industry policy and reporting; Capital markets experience and solid knowledge of FAS 123, FAS 158 and FAS 132 necessary; Bachelor’s degree and CPA required; Some travel required.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Director, Ethical and Professional Standards Needed at CFA Institute
Since humans are such corruptable creatures it takes a person with near-divine qualities to teach people about ethics. Luckily, we know that we have some of the pious readers out there, thus we’re confident that one of you will snatch this gig with little difficulty.
Check out the details for the position in Charlottesville, VA after the jump.
Company: CFA Institute
Title: Director, Ethical and Professional Standards
Location: Charlottesville, VA
Description: The Director, Ethics and Professional Standards is responsible for creating, sourcing, and developing educational content for CFA Institute members and serious investment professionals in the area of ethics and professional standards.
Responsibilities: Develop ethics-related educational content (e.g., case studies, online learning courses) targeted toward members, employers, societies, and university partners working collaboratively with stakeholders within and outside CFA Institute; Support the Lifelong Learning Strategy in developing educational content in the area of ethics and professional standards; Interface with executive education clients seeking customized training material; Develop and train a network of investment professionals to provide on-site ethics training; Collaborate with colleagues and members in supporting public awareness initiatives to include increasing brand awareness and establishing CFA Institute as the “go to” resource in the area of ethics and professional standards.
Requirements: CFA charterholder strongly preferred; Master’s degree or comparable degree/designation in a related field; Proven investment industry experience; Demonstrated expertise in ethics and professional standards, such as service in a highly valued compliance role; Superior communication skills (written, verbal, and presentation); Team oriented with the ability to collaborate with others in a matrix organization; Ability to manage multiple projects successfully within various time frames; Sensitivity to and appreciation for cultural differences; Teaching or training experience strongly preferred; Up to 25% travel
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Bank Controller at Morgan Stanley
As a result of Morgan Stanley becoming a bank holding company, the firm has now the unenviable responsibility of dealing with FDIC oversight. The silver lining here is that all kinds of exciting new jobs were created. Thanks FDIC!
Check out the details for a Bank Controller position at Morgan Stanley in New York, after the jump.
Company: Morgan Stanley
Title: Bank – Controller
Location: New York
Minimum experience: 8 years
Description: Looking for a strong Senior Manager / Vice President for an exciting new role for with the Morgan Stanley Bank (MSBNA – is an FDIC insured, state non-member bank. The Bank produces its own audited financials, has a board of directors, conducts quarterly board meetings, and undergoes examinations by the DFI (state of Utah) as well as the FDIC).
Responsibilities: Conducting an in depth analysis of the financials (Net Revenue and Balance Sheet) on a weekly, monthly and quarterly basis; Reviewing the financial and ad hoc reports for quarterly board of directors’ meeting; Ensuring the Legal Entity control frame work is robust and all encompassing; Overseeing all daily p/l and balance sheet production and reporting; Developing, implementing and managing the Reg W reporting process and ensuring timely remediation of breaches working with Operations and the Business Unit Risk Management Team; Liaising with Bank Regulators (OCC and FED), Bank Senior Management, Internal and External Audit, Operations and Product Controllers on a regular basis as it relates to the Banks financials and regulatory requirements; Assisting with new product analyses as they relate to compliance with GAAP and Bank regulatory requirements
Skills/Requirements: Proficient in Excel and be able to quickly learn various front office and finance related systems; Knowledge of regulatory / legal entity reporting and annual report preparation; Experience in Product Control or Regulatory Reporting is a plus; BS Finance / Accounting degree and/or a CPA; 8+ years related work experience preferably from another securities firm or large bank.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Fund Accounting Manager – Private Equity at J.P. Morgan
This position involves various responsibilities including financial, operational, client service, and deal related. The House of Dimon will not stand for slackers.
Check out the details for this position in Chicago, after the jump.
Company: J.P. Morgan
Title: Fund Accounting Manager – Private Equity
Location: Chicago
Minimum experience: 5 years
Requirements: Must have a strong accounting and tax background, familiarity with acquisitions, partnership accounting, investor relations, partnership agreements, the ability to deal effectively with sophisticated accounting and tax issues and a strong attention to detail. At least five to seven years experience with a Big 4 public accounting firm is required and additional experience at an established private equity firm is desirable.
Responsibilities: Establish process and procedures to provide accurate and timely financial reporting to multiple constituents; maintain and ensure accuracy of distribution calculations/waterfall models; maintain capital accounts and available commitments; work with other groups to ensure all accounting and other information (e.g. security type, custody…) are consistent with deal documents; manage the operations and reporting for regulatory authorities; budget/prepare financial projections of income and cash flows for funds and management companies
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: CME Group Needs an Auditor
Job market got you down? Or your friend who is just out of school? CME Group needs an staff auditor, preferably one that isn’t susceptible to the likes of Sam Antar.
Check out the rest of the details for a Staff Auditor in Chicago after the jump.
Company: CME Group
Title: Staff Auditor
Location: Chicago
Minimum experience: Entry level
Description: Staff Auditors are responsible for performing financial, compliance, and clearing fee audits of clearing member firms of CME Group Inc. Financial audits require detail testing of member firm’s balance sheet, computation of net capital and computation of customer funds in segregation in accordance with GAAP and industry regulations. Compliance audits require a detailed analysis of a member firm’s procedures in executing orders and protecting its customers. You will also participate in special projects relating to Exchange, industry, and department issues.
Requirements: B.S./M.A. in Accounting
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Real Estate Fund Controller Needed with Knowledge of GAAP and IFRS
Here’s a controller position that has a good salary that beats the average controller salary from our earlier post on salaries for jobs that you may want.
Check out the details for an open end real estate fund controller available in New York City, after the jump.
Title: Controller
Compensation: $150,000 – $185,000
Location: New York, NY
Minimum experience: 8 years
Description/Responsibilities: Define client services for open end investment funds, liaison with client financial advisors and build a staff. Manage relationships, operations and reporting re: US GAAP and IFRS.
Requirements: Requirement is for CPA/ Controller with 8/10 year yrs in open ended real estate investment vehicles utilizing CORE or CORE+ strategy. Good GAAP and client facing experience. Working knowledge of MRI/YARDI and Investran, PEFS real estate and fund administration is a plus. Position can be based in New York, Luxembourg or London.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: BlackRock Needs a VP in Its Finance Group
The Company’s Finance Group is comprised of three units: Accounting Policy and Controls, Business Finance and Corporate Controllers. General functions include financial accounting, financial reporting, management accounting, treasury, tax, compensation/payroll accounting, auditing and certain other compliance functions.
Check out the details for the VP of General Accounting in New York, after the jump.
Company: BlackRock
Title: Accounting Manager
Location: New York, NY
Minimum experience: 7 years
Description: Responsible for the supervision of eight professionals overseeing selected day to day responsibilities of the general accounting group at BlackRock. Responsibilities include closing of books and detailed review of financial statements.
Responsibilities: Responsible for overseeing the activities of all broker-dealers including financial reporting and regulatory filings; Oversee the maintenance of fixed assets sub-ledger. (Add new assets, record depreciation and reconcile sub-ledger); Assess impairment issues relating to leased properties and certain long lived assets; Oversee all cash processing for company; Oversee the reconciliation and settlement of inter-company balances processes; Review monthly balance sheet reconciliation for selected accounts; Review accounting of all debt and related interest expense; Oversee recording of occupancy expenses and accruals.
Liaise with internal and external auditors; Balance sheet and income statement variance analysis; Coordination with a variety of Finance departments including: forecasting/budgeting, management, financial reporting & accounts payable.
Requirements: CPA is a must; 7-10 years of related experience in a publicly traded, multi-entity environment; “Big 4” public accounting experience a strong plus; Excellent accounting operations and GAAP skills; Thorough knowledge of internal controls as they relate to the accounting operations of a publicly traded entity; Knowledge of SOX process helpful; Current and previous supervisory experience required.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: California State University Needs Auditors
California is still trying to sort itself out but the last thing Arnie would do is issue IOUs to state employees (that’s a big assumption on our part).
The Office of the University Auditor at California State University is looking to fill both an internal auditor and senior auditor position at its location in Long Beach, CA. The CSU offers a premium benefits package including 24 days of vacation and 14 paid holidays per year.
Check out more details after the jump
Company: California State University, Office of the University Auditor
Title: Internal Auditor; Senior Auditor
Location: Long Beach, CA
Minimum experience: 2 years; 3 years
Description: The California State University, Office of the University Auditor, is seeking an Internal or Senior Auditor to conduct operational and compliance audits at the system office and each of the 23 campuses.
Responsibilities: Conducting reviews of assigned organizational and functional activities; evaluating the adequacy and effectiveness of the management controls over those activities; and determining whether organizational units in the university are performing their planning, accounting, custodial, or control activities in compliance with management instructions, applicable statements of policy and procedures, and in a manner consistent with both university objectives and high standards of administrative practice. The senior auditor occasionally assists in audit program development and periodically supervises the work of others, including instructing new staff.
Requirements: Bachelor’s degree from an accredited four-year college or university is required for either position; The internal auditor position requires two years’ experience in internal/external auditing; and CPA, CIA or CISA certification is desired; The senior auditor position requires three years’ experience in internal/external auditing; CPA, CIA or CISA certification highly desired; and progress towards certification required. The position requires approximately 33% out-of-area travel (within California, no weekends).
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Lynn Tilton Needs an Assistant Controller
Doesn’t ring a bell? Ms. Tilton is the founder of Patriarch Partners is a leading private equity firm with over $6 Billion AUM. The company specializes in distressed buy-outs with a long-term investment approach.
Patriarch is looking for an assistant controller in New York. Get the details after the jump.
Company: Patriarch Partners, LLC
Title: Assistant Controller
Location: New York City
Minimum experience: 5 years
Responsibilities: Preparation and analysis of multiple funds’ financial statements and distribution schedules, including working closely with internal Structured Finance and Loan Administration teams as well as external Trustees; Review and understand fund indentures and Limited Partnership Agreements, navigate interpretations of legalese, and maintain external fund compliance deliverables; Managing invoicing process to portfolio companies; Departmental budgeting for corporate entity; Treasury, cash management & plain vanilla, non-exotic investment strategies at the corporate level for excess liquidity
Requirements and Skills: 5 years minimum in accounting/finance function; Accounting degree or CPA required. MBA a further plus, and preferred; Private Equity, Hedge Fund or other Alternative Asset Mgmt accounting experience (we need someone who understands from an accounting standpoint capital & fund structures, financial services, etc.); Accounting for multiple corporate entities and subsidiaries (w/ intercompany accounting concerns).
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Help Fannie Mae Straighten Out Their Financial Statements
Fannie is working on getting things back on track and they need good people that can handle some financial reporting duties. Everything from 404 to implementing new GAAP, to SEC reporting. Plus, you’d kinda be serving your country.
Check out the details for a Financial Reporting Analyst position in Washington, D.C. after the jump.
Company: Fannie Mae
Title: Financial Reporting Analyst
Location: Washington, D.C.
Minimum experience: 4 years
Description: Reporting to a Manager of Financial Reporting, this position is part of a team responsible for preparing analysis of monthly, quarterly and annual corporate financial results and preparation and review of certain monthly and regulatory reporting.
Responsibilities: Preparation and review of analysis of monthly, quarterly and annual financial results for management, our regulators and external auditors; Coordination with business units and other areas within Controllers/Finance to ensure results are reasonable and variances are researched and explained; Supporting and managing timely and accurate reporting of financial results in various deliverables; Participating in special projects, including automation efforts and other improvements to the reporting process/efforts, to streamline processes to increase efficiency and effectiveness of group’s reporting and financial analysis; Implementation of new GAAP standards, as necessary; Participating in SOX 404 efforts, including documentation of process and facilitating testing of controls, as necessary; Assisting with Finance compliance efforts, as necessary; Assisting SEC reporting team, as needed, with preparation and review of external filings with the SEC (10K, 10Q) or implementation of new SEC standards.
Requirements and Skills: Bachelor Degree, or equivalent; CPA Preferred; 4-6 years of experience in accounting-related position with progressively challenging experience; Experience with and understanding of financial statements and current U.S. generally accepted accounting principles (GAAP), including experience in analyzing financial statements and corporate results
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: It’s Time to Get Serious
Rather than get too cute with you on our job of the day, we’ll just level with you. If you need a job, what the hell are you doing? You’re missing out on all the fun. Move on this.
Check out the details for a Senior Product Controller position at RBC Capital Markets, after the jump.
Company: RBC Capital Markets
Title: Senior Product Controller
Location: New York
Minimum experience: 4 years
Description: The Senior Product Controller will maintain the accounting and finance module of the main NY GAT Fixed Income and Equity subledger system. The position requires a professional able to work closely with various traders, IT professionals, operations, and business analyts to manage the integrity of the local sub-ledger and its feed to the general ledger. The individual must possess an excellent understanding of Accounting basics, P/L production, product knowledge, P/L Decomp, and IT savy. This is a highly visible role due the nature of the position.
Responsibilities: Manage, assemble, organize and produce the Sophis accounting rules necessary for daily functions across all groups such as product Control, Operations, Front Office and Risk. This will include being the lead Finance and Accounting represtantative on all new business rollouts and current business conversions
Requirements: Bachelor Degree, or equivilant, in Accounting/Finance. – Minimum 4 years relevant industry experience. Preferred: – MBA Finance – CPA.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Wanted: Accounting Manager, Enforcer Experience a Plus
A source passed along a job opportunity for a company in Miami that needs an accounting manager. Doesn’t sound out of the ordinary but that there’s a little bonus in it for you if you can make it 365 days:
Accounting Manager – Pre IPO Company- Hospitality Industry
Location: Miami
Compensation: $90,000 – $100,000 + Bonus and other incentives (Free European Cruise after 1 year of employment)
Nice, right? There may be a bit of a catch though. Here’s part of the job description:
We are looking for an exceptional finance professional/ CPA who has very high ethics, strong interpersonal skills, loyalty to the company and to the President, someone who is very honest, trustworthy, hands on, very good with budgets, managing a complex debt structure, very good with complex capex projects, able to watch receivables like a hawk and not shy away from tough collections: able to work quickly and flexibly with cash flows and related dynamic Manage large outsourcing contracts/ contractors manage all expenses create reports for the Board and finance.
So based on the above, we’re thinking that not only must you be a master of double-entry accounting, you shouldn’t be afraid to break some kneecaps in order to convince some deadbeat customers to pay up. Do all this for one year, and you will have earned yourself a nice little vacation. Qualified applicants should get in touch and be prepared to demonstrate your abilities.
Job of the Day: Lots of International Accounting Experience Wanted
Specifically any of the following: UK, German, or Japanese GAAP. Plus if you’re on top of this IFRS thing, that’d be swell too. If you’ve got experience with all these then we’ll assume you’re a shoe-in.
Unless, of course, you have the personality of a park bench, in which case we’d say your chances are 50-50.
Check the details for a Senior Accountant position at Interactive Data in Boston after the jump.
Company: Interactive Data
Title: Senior Accountant
Location: Boston
Minimum experience: 5 years
Responsibilities: Prepare worldwide consolidated financial reporting for Interactive Data Corporation utilizing Oracle Financial Software; Responsible for specific Oracle and financial schedule requirements for both the monthly and quarterly close cycles; Performs quarterly review of financial records and ledgers of all US and non-US divisions, including divisions in Europe and Asia Pacific, to ensure accuracy, reporting consistency and US GAAP compliance as directed by Accounting Manager; Assist Corporate Controller in preparation of quarter SEC 10Q filing and annual SEC 10K filing. Works with other members of senior management to prepare final document; Assist Accounting Manager with regular training to all divisions on new developments in US GAAP and IFRS. Keep abreast of all new FASB and IASB issuances and make entire Finance community aware of such changes.
Qualifications: Bachelor’s degree in Accounting; CPA or equivalent non-US license is required; At least 5-8 years related experience.
Skills: International experience is a plus; Sound knowledge of US GAAP and IFRS knowledge is preferable; Knowledge of UK and/or German and/or Japanese GAAP is a plus; Willingness to travel; Travel expected to be about 15%-20% of time annually.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Ready to Roll Up the Sleeves at Fortress?
That’s part of the “skills required” for their Senior Accountant position that they just created. Since most of you are used to that sort of thing, landing this gig should be a snap.
Get the details after the jump.
Company: Fortress Investment Group LLC
Title: Senior Accountant
Location: New York City
Minimum experience: 5 years
Description: This is a new position reporting to the CAO of Fortress. The person will be exposed to the accounting, regulatory and business issues surrounding the company’s diversified investment portfolio.
Responsibilities: Assist the CAO and Accounting Policy Senior Manager with the oversight and documentation of the accounting policies of Fortress and its sponsored funds; Liaison with the controllers of the various funds on accounting, controls, and regulatory issues; Assist the CAO and Accounting Policy Senior Manager with accounting research/issues; Assist the CAO in the preparation of quarterly and annual financial statements; Prepare schedules for internal management reporting; Assist with various special projects
Required Skills: The ideal candidate will be a CPA and hold a BS Degree (or equivalent) and 5-8 years of finance accounting experience. Public company and/or private equity fund accounting experience is a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: If You’re Lucky, You’ll Get Discounts at the Nike Store
Something a little unique for our job of the day.
Laika is an animation studio owned by Nike co-founder and Chairman Phil Knight that specializes in feature films, commercials, music videos, broadcast graphics and short films.
They are looking for a Head of Financial Planning and Analysis in Portland, OR. Get the details after the jump.
Company: Laika
Title: Head of Financial Planning and Analysis
Location: Portland, OR
Minimum experience: 5 – 7 years
Description: This person will be responsible for the management of all financial planning and analyses for LAIKA. The position will take the lead in collecting, summarizing, and interpreting financial data for LAIKA partnering with key stakeholders regarding their annual operating budgets and quarterly forecasts.
Responsibilities: Creating and maintaining all company budgets and financial projections including consolidated company projections, film ultimate P&L’s, overhead budgets across functional areas and two operating divisions; Prepare a range of film modeling analyses including creating film ultimate financial planning models for all LAIKA films; Prepare long range company projections under different production and performance scenarios; Work with distribution partners to develop reasonable and informed financial projections for released and soon to be released films; Prepare financial reporting for senior management and Board of Directors; Provide financial analysis supporting new and evolving business projects.
Required Skills: Bachelor’s degree in Finance or Accounting preferred or equivalent combination of education and experience; 5+ years in corporate financial planning or similar; film industry a significant plus; Significant and in-depth experience in financial model building and financial statement construction and analysis required; Experience creating primary quantitative analyses with proven ability to communicate and present the information in a summarized way to senior management.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: The OC Is Calling
If we knew anything about reality TV maybe we would throw in a quip about Laguna Beach/The Hills/whatever the hell those shows are called nowadays but we don’t. The allure of weather that isn’t Biblical should be enough pique your interest.
Check out the details for a Pricing Manager position at PIMCO in Newport Beach, CA after the jump.
Company: PIMCO
Title: Pricing Manager
Location: Newport Beach, CA
Minimum experience: 2 – 5 years
Description: PIMCO Pricing is primarily responsible for oversight of security valuation of PIMCO’s mutual funds and private trusts advised and administered by PIMCO. The group works closely with third-party vendors (fund accountants/administrators, custodians, auditors and security pricing vendors) that provide services to the funds/trusts.
Responsibilities: Interact with the pricing vendors in order to price additional securities PIMCO owns; Communicate daily inquiries to appropriate internal departments; Manage various projects related to process improvements, procedures and systems development; Maintains current knowledge of domestic and foreign securities markets and monitors effects on funds and pricing and valuation procedures; Develop reports for PIMCO funds, the Boards, Legal, and Portfolio Management
Required Skills: Candidate will have two to five years of professional work experience in mutual fund operations, broker/dealer back-office or mutual fund auditor. Solid understanding of operational controls, processes, procedures.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: A Hedge Fund Needs Your Brilliant Tax Mind
Now that the book has been closed on 2009, you’re more or less ready to get back into the swing of things. Unless of course you just got laid off unexpectedly or you felt like sticking it to your old employer and did the march in yesterday.
Or even if you’re just moseying around on your second day back and you wonder what else is out there.
Michael Page, Inc. has a hedge fund client that is looking for a Tax Manager. Get the details after the jump.
Company: Michael Page, Inc.
Title: Tax Manager
Location: New York
Minimum experience: 5 – 10 years
Description: Provide tax compliance and planning expertise, as well as leading a small team of tax professionals
Responsibilities: Reviewing federal/state corporate and partnership returns; Managing information from accounting administration provider in order to accurately prepare tax returns; Preparing and analyzing accounting data to ensure proper tax categorizations; Prepare monthly, quarterly and annual tax provision calculations and financial statement tax footnotes; Prepare withholding documentation submissions to external parties; Assisting in performing research and providing analysis on a variety of moderate to advanced tax issues or perform special projects as directed by the Tax Director
Required Skills: 5-10 years tax experience with exposure to Hedge Fund or Private Equity Tax structures.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Get Started on that Resolution Now
For those of you that punched the “Find a new job” button on our resolution post, this will help you get started. Even if you indicated that want to do less work in 2010, you may want to do less work at a new job.
Get details for an Accounting Analyst position at BlackRock in San Francisco, after the jump.
Company: BlackRock
Title: Accounting Analyst
Location: San Francisco
Minimum experience: 2 – 3 years
Description: The Accounting Analyst is engaged in the accounting, analysis and reporting of securities lending and cash management revenues. This includes securities lending rebate and fee settlement with counter-parties (securities dealers and brokers). In addition, the Analyst will create analytical and performance reports as needed. The position will be in communication with accounting personnel from other securities brokers and will work closely with GIMG Securities Lending’s Trading and Operations.
Responsibilities: Prepare rebate and fee statements and settle with counter-parties; prepare and process journal entries; analyze, research and reconcile accrual variances; prepare and distribute relevant management reporting analytics
Required Skills: College degree (BS/BA) preferably in Finance/Accounting/Business; strong computer skills, including Oracle, OFA (Oracle Financial Analyzer), and advanced Excel
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Someone Is Promising Fun at Work
Animation Mentor, that’s who. Including: “True work-life balance, urban adventures, movie premieres and many more enjoyable team activities and an environment where your input and suggestions matter!”
Check out their Senior Accountant position in Emeryville, CA after the jump.
Company: Animation Mentor
Title: Senior Accountant
Compensation: $50,000 – $80,000 (depending on experience)
Location: Emeryville, CA
Experience: 5 – 7 years
Responsibilities: Full cycle general ledger close (balance sheet account reconciliations, standard, recurring, reversing and allocation journal entries, review income and expense accounts for reasonableness); Prepare cash flow statements; Accounts receivable and Revenue; Assist in monthly budget vs. actual expense analysis; Assist is annual budget and quarterly forecasting process as required; Prepare audit schedules.
Requirements: 5+ years accounting experience (preferably 2-3 years in Sr. Accountant role with full cycle close experience); CPA, QuickBooks and large ERP systems, eCommerce industry experience, consolidations experience, all a plus.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Tax Maven Wanted at BBH
Nine days left in 2009 and all you tax trolls are gearing for another great tax prep season. For those of you looking to bestow your IRC wisdom at a new shop, we’ve got at least one option for you.
Check out a Senior Tax Manager position at Brown Brothers Harriman in New York, after the jump.
Company: Brown Brothers Harriman
Title: Senior Tax Manager
Location: New York City
Experience: 8 – 10 years
Description: The Sr. Tax Manager at Brown Brothers Harriman (BBH) is responsible for the maintenance of tax records as well as the preparation and review of all specifically assigned tax returns and related documents for all BBH Partners and Managing Directors, Partnership and Trust returns.
Responsibilities: Tax Preparation: Review as well as assist in data gathering, preparation and filing of the firm’s federal, state, and local partnership income tax returns as well as personal property tax returns, sales tax returns, unincorporated business tax, business privilege tax and other returns.
Tax Research: Collaborate on tax research on new tax laws, regulations and rulings to disseminate information to the firm; Research and assess the integration of foreign tax credits, from operations and investments, on the overall tax burden of the firm.
Tax Review: Review individual partner tax filings as well as discuss and explain tax positions to Partners. Review tax returns and tax return workpapers for individual Partners and Managing Directors
Requirements: BA/BA degree; Masters in Tax and/or CPA a plus but not required; Strong knowledge of federal, state, and local personal income taxes, gift taxes, generation skipping taxes, estate taxes, nonresident withholding taxes and payroll taxes for high net worth individuals; Strong fundamental understanding of international tax concepts, including value-added tax, foreign tax credits and withholding tax.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: How About a New Job as a Last Minute Gift Idea?
With less than four shopping days left until Navidad, what better gift for yourself or someone you love (or someone that you’d prefer to see leave your company) than a new job?
Get the details for a MBS/ABS Valuation Review Specialist position in New York after the jump.
Company: Comprehensive Recruiting
Title: MBS/ABS Valuation Review Specialist
Location: New York City
Minimum experience: 3 – 5 years
Description: Global Bank in NYC is looking to add candidates to their Valuation Risk Group who have MBS/ABS product experience.
Responsibilities: Analyzing and valuing the Bank’s diverse MBS/ABS portfolio; Manage the independent valuation through the monthly Mark Review process to insure measurement at fair value; Insure that the all trades on the Balance Sheet are properly classified according to FAS 157, Fair Value Measurement.
Required Skills: Bachelor’s Degree in accounting, finance, economics, mathematics or related discipline, with advanced degree(MBA or Masters degree in related discipline) or certification (CFA/CPA) preferred; Experience with MBS/ABS products. The ideal candidates will also have previous risk experience; Familiarity with accounting guidelines and pronouncements, including FAS 157 (Fair Value Measurement); Ability to identify and recommend changes to existing processes in order to improve and streamline those processes.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Out with John Mack, in with You
You probably don’t have the qualifications — which includes being able to tell Tim Geithner to get f*cked — for the big chair (it’s already spoken for anyway) but MS is looking for plenty fresh blood.
Check out a VP – Equity Derivative Products Financial Resources Controller position at Morgan Stanley in New York, after the jump.
Company: Morgan Stanley
Title: Vice President-Equity Derivative Products Financial Resources Controller
Location: New York City
Experience: 8+ years
Description: Working with manager to determine and execute on Financial Resources agenda for Global Equity Derivative Product Controllers; Managing Liquidity Risk reporting and analyses for Derivatives; Partnering with Derivatives senior management team on managing business’ Financial Resources; Coordinating Derivative Controllers involvement in Firm-wide B/S and Funding Project; Liaise with Business Units on implementation of enhanced B/S and Funding reporting and analytics; Advise on business adoption strategy: new processes/tools to be implemented/rolled out; Contribute to requirements for creation of new strategic reporting for B/S and Funding
Skills: Equity Product Control experience; Experience with B/S and Funding reporting and analysis; Extensive business analysis background; Experience summarizing feedback/results and producing management reporting; Provide support for projects; BS/BA in Finance, Accounting or Business strongly recommended
Jump over the GC Career Center for the entire description and visit the main page for all your job search needs.
Job of the Day: You’re Good Enough for Government Work
The word on the street is working in government isn’t a bad move. Plus, Texas doesn’t have an income tax.
Check out the details for a financial examiner position for the Credit Union Department for the State of Texas located in Houston, after the jump.
Company: Credit Union Department – State of Texas
Title: Financial Examiner IV
Location: Houston, TX
Experience: 3 – 5 years
Compensation: $50,000 – $70,000
Description: Professional examining position with the responsibility for conducting examinations of complex credit unions with persistent problems, in addition to routine examinations. Work involves examining and verifying financial and operating statements, analyzing and interpreting financial and statistical data, ascertaining compliance with applicable state and federal laws, rules, bylaws, and sound business practices, and evaluating management performance. Functions as the Examiner-in-Charge of large team examinations or provides oversight responsibility for a specific function of the examination. May be an examiner with extensive experience or expertise in one or more areas of the examination process, such as accounting, specialized lending, management consulting, or investments.
Responsibilities: Verifying the accuracy of accounting records and related financial statements; reviewing a sample of loan files to ascertain proper documentation and adequate procedures; reviewing board policies and verifying compliance; verifying investments and determining that investment policies are adequate and appropriate; verifying compliance with applicable sections of the Texas Finance Code, Commission Rules, and Bylaws; verfying compliance with other related laws or applicable federal regulations; and evaluating management effectiveness and internal controls.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: We won’t rest…
…until you’re all gainfully employed. Except maybe the last week of the year. Nobody does a damn thing that week.
Check out the details for a financial analyst position at BBVA in New York, after the jump.
Company: BBVA
Title: Financial Analyst
Location: New York City
Responsibilities: Analyze daily/monthly fluctuations in P&L (by entity, business lines, and product), prepare explanations of significant changes, and investigate any open items; Prepare monthly management reporting package, including reporting of adjustments, suspense items and reconciling items; Identify any errors (system or manual) in the daily P&L and work closely with the Operations department and Front Office to ensure they are corrected in a timely manner; Assist in preparation of budget and expense allocation; Review monthly report of suspense items and obtain explanation and target dates for clearance of aged items;Prepare various analyses by products (Loans, Fees, Fixed Income, FX, IRS, etc.); Assist in preparing support for various audit requests; Other ad-hoc projects, as needed
Qualifications: Bachelors or Masters in Accounting or Finance, CPA preferred; Three to Five years of experience in the Financial industry (Banking preferred), with an emphasis in management reporting or accounting; Possess knowledge of U.S. GAAP and/or IFRS, standard accounting concepts practices and procedures and ability to understand and solve complex accounting issues; Fluency in Spanish preferred
See the entire job description over at the CG Career Center and visit the main page for all your job search needs.
Job of the Day: If Nothing Else, the Title Sounds Impressive
Sure you’ll be neck deep in the new codification but somebody’s got to do it, amiright?
Check out an Investment Accounting Policy Manager position at BlackRock, after the jump.
Company: BlackRock
Title: Investment Accounting Policy Manager
Location: New York City
Description: Direct accounting policy related to BlackRock’s nearly 2,000 investment products, including mutual funds, i-Shares, private equity funds, CDOs, structured products and other alternative products, including real estate funds, hedge funds and hedge fund of funds.
Responsibilities: Document existing policies for investment companies, working closely with fund administration teams and product CFOs; Assist in structuring new products; Monitor the firm’s compliance with SFAS 167; Assist in general corporate policy matters, including SFAS 123(R), SFAS 109, SFAS 141(R), SFAS 142 and SFAS 160, SFAS 157 and SFAS 52.
Qualifications: B.A. / B.S. degree in Accounting or Finance; CPA required; 7 to 12 years related work experience (Big 4 experience in a policy or technical accounting role preferred; Asset Management specialization necessary); Knowledge of new and proposed professional accounting guidance; IFRS expertise preferred, but not required.
See the entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Global Asset Manager Needs Someone Who Loves GAAP
Which should be all of you. Okay, tax peeps, you got us but take a peak anyway.
Ashton Lane Group is looking to place someone in a senior accounting analysis and reporting position for a global asset manager in New York. The position requires at least 5 years experience and offers a competitive base and bonus.
Check out more details after the jump.
Title: Financial Reporting Accountant
Location: New York City
Responsibilities: Analysis and documentation of complex transaction terms and accounting treatment, which involves interaction with Business, Legal and Finance; Conducting accounting research and formulating application of the US GAAP framework to transactions, financial instruments, and hedging programs; Keeping current on new relevant US GAAP requirements; Assisting with the implementation of new US GAAP pronouncements and formulating relevant accounting policies; Participation in future implementation efforts around IRFS framework
Other requirements: 5-8 years in Public Accounting (Financial Services Industry exposure a strong plus) or 6-9 years of work experience in the financial services industry; Strong command of the US GAAP framework associated with: consolidation, derivatives, hedge accounting, transfer of financial assets, fair valuation of financial instruments; CPA license a strong plus.
See the entire job description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: What Exactly Does a Consultant Do?
They consult, naturally. We can’t really get into more detail at this point. But if you consider yourself a renaissance man/woman in the financial realm (and don’t mind some travel), a consulting gig may be right for you.
Check out the details for both senior and staff finance consultant positions at Infrastructure Management Group, Inc. in Bethesda, MD after the jump.
Company: Infrastructure Management Group, Inc.
Title: Finance Consultant
Location: Bethesda, MD
Requirements: All candidates must have a bachelor’s degree with at least some coursework in finance, economics, and/or accounting and have a strong interest in infrastructure finance. Fluency in Spanish is a plus. Some domestic and international travel may also be required for some projects.
Senior Consultant Profile: At least two years of finance experience preferably with an investment or commercial bank, accounting firm, or construction/development firm; Experience with cash flow financial models, using net present value and IRR functions; Master’s degree preferred but not required.
Staff Consultant Profile: Entry-level position; Graduating college senior or recent graduate; Some coursework in finance and accounting.
Check out the entire description for this listing over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Spanish or Portuguese-Speaking Auditors Report
Today on the job hunt we bring you an audit associate position at BNY Mellon in Boston. Bonus points for those of you that are fluent in Spanish or Portuguese. Check out the details after the jump.
Company: BNY Mellon
Location: Boston
Title: Audit Associate
Description: Performs high quality, risk-focused fieldwork, in accordance with Internal Audit policies, methodologies and standards, in order to identify meaningful issues, risks and other exposures in the Asset Management sector.
Qualifications: Three to six years of relevant auditing experience preferably in Asset Management or related financial services areas, preferably working towards CPA, MBA, and/or CIA designation or already qualified. Fluency in Spanish or Portuguese would be an asset.
Check out entire description over at the GC Career Center and visit the main page for all your job search needs.
Job of the Day: Hate the Cold? Move to Florida
Global warming? Bah. Over half the country is experiencing inclement weather.
That’s a perfect excuse to move to South Florida. Analytic Recruiting has a Manager of Derivatives Accounting position that is offering a “generous relocation” to Palm Beach. Check out all the details after the jump.
Title: Manager – Derivatives Accounting
Location: Palm Beach, FL
Description: This position will manage accounting and control for all of the firm’s trading and hedging activities.
Responsibilities: Managing hedge effectiveness strategies for Energy Trading; oversee all accounting and financial statement activities [FAS 133, FAS 157 and FAS 161 and FX and Commodity hedge analysis].
Requirements: BS in Accounting or Finance, and at least 5 yrs of derivatives accounting experience and be very comfortable with FAS 133, FAS 157 and FAS 161. A CPA is strongly preferred.
Check out the entire job description over at the GC Career Center and check out the main page for all your job search needs.
Job of the Day: All I Want for Christmas Is a New Job
If a new job is on your list to Kris Kringle, then you’re in luck because we’re going to start throwing a job out there for your viewing pleasure on a daily basis. It’s up to you click the links provided. We can’t do everything after all.
Check out the details for a Senior Alternative Investments Accounting Analyst position at Brown Brothers Harriman in New York, after the jump.
Company: Brown Brothers Harriman
Title: Senior Alternative Investments Accounting Analyst
Location: New York City
Description: The Senior Accountant – Alternative Investments will be responsible for the accounting, operational and administrative functions for BBH alternative investment products.
Responsibilities: The individual will be responsible for the core accounting and reporting (financial and tax) for these products, including maintenance of general ledgers, partnership capital accounts and unit prices for offshore share classes. The position will also be responsible for operations and administration of the products, including subscriptions, redemptions, cash management, investor reporting, and supervision of administrators. As well, this position will directly support the front office staff who works on the products. The individual will deal with front office management of BBH, product and portfolio managers of BBH, external relationships with external accountants, some external product portfolio managers and administrators as well as the Core Accounting group of Controllers.
Requirements: Bachelor Degree, Accounting Major preferred; 4+ yrs of relevant experience, preferably with exposure to alternative investments; Good knowledge of financial products, including alternative investments
See this job’s entire description over at the GC Career Center and visit the main page for all your job search needs.