VP Finance

Hold Brothers Capital, LLC is a leading direct access trading firm that deals primarily with the trading of domestic equities. We offer traders internationally the latest technology that enables high speed direct access to the equity markets through our proprietary software and API connectivity. This fast, efficient operation offers comprehensive summary reporting and superior technology and service. Hold Brothers is a self-clearing broker-dealer is a member of FINRA and SIPC. ResponsibilitiesUnder the direction of the CFO, work on day to day accounting responsibilities of self-clearing proprietary trading firm including but not limited to the following:Payroll processing and administration including: ADP Workforce Now Time & Attendance administration, new employee set-up, payroll audits, payroll tax reporting and reconciliations, etc.Ensuring accurate and timely completion of all accounting reports and financials including FOCUS filings.Responsible for monthly reconciliations and bookkeeping, prepare and submits wire requests as needed, and travel & entertainment expense oversight and accountingActively ensuring the firm is in regulatory compliance with net capital requirementsHas the ability to develop and maintain concrete accounting policies, processes and systems to ensure optimal controls for the companyOversee the monthly close of the company books, the general ledger, and reporting of financial resultsPrepare weekly and monthly management financial health reports which will include, revenue/ expenses as well as financial comments with recommendationsHas experience creating projections, rolling revenue calculations and Pro-Formas.Handle treasury functions for Firm and affiliatesCoordination of audits and the establishment and constant improvement of accounting policies which will include the development of efficient and effective processes that also support key areas of the business as well as internal controlsWork with upper management in identifying and resolving BD related financial issues and suggesting procedure changes as necessaryAccount Payables/Receivables accounting and expense allocationsAssist in managing new and existing banking relationships and administrationAssist in data gathering for all tax filings and annual audit supportRequirementsBachelor’s Degree required / CPA preferredseries 27 a plus, but not required. must be willing to take the testMicrosoft Dynamics GP a plusPrevious experience in accounting function at a broker dealer, clearing firm, or financial services industry a plusQuickBooks or equivalent accounting platforms and advanced Excel skills requiredPrior Payroll experience preferredMinimum of 3+ years accounting experiencePrevious experience in accounting function at a broker dealer, clearing firm, or financial services industry a plusExperience as a broker-dealer FINOP professionalADP Workforce Now preferredAn understanding of financial reporting systems, procedures, and controlsStrong organizational skills, attention to detail and prioritization capabilitiesDemonstrated ability to manage multiple projects and adapt to changeStrong analytical, critical-thinking and problem-solving skillsBasic understanding of internal controlsAbility to effectively communicate and interact with all levels of management and work in a team-oriented environmentAbility to collaborate effectively with business partnerBenefitsHealth Care Plan (Medical, Dental & Vision)Retirement Plan (401k, IRA)Paid Time Off (Vacation, Sick & Public Holidays)Family Leave (Maternity, Paternity)Work From HomeSalary Range: $140,000 - $170,000

Hold Brothers Capital, LLC is a leading direct access trading firm that deals primarily with the trading of domestic equities. We offer traders internationally the latest technology that enables high speed direct access to the equity markets through our proprietary software and API connectivity. This fast, efficient operation offers comprehensive summary reporting and superior technology and service. Hold Brothers is a self-clearing broker-dealer is a member of FINRA and SIPC.

Responsibilities

• Under the direction of the CFO, work on day to day accounting responsibilities of self-clearing proprietary trading firm including but not limited to the following:
• Payroll processing and administration including: ADP Workforce Now Time & Attendance administration, new employee set-up, payroll audits, payroll tax reporting and reconciliations, etc.
• Ensuring accurate and timely completion of all accounting reports and financials including FOCUS filings.
• Responsible for monthly reconciliations and bookkeeping, prepare and submits wire requests as needed, and travel & entertainment expense oversight and accounting
• Actively ensuring the firm is in regulatory compliance with net capital requirements
• Has the ability to develop and maintain concrete accounting policies, processes and systems to ensure optimal controls for the company
• Oversee the monthly close of the company books, the general ledger, and reporting of financial results
• Prepare weekly and monthly management financial health reports which will include, revenue/ expenses as well as financial comments with recommendations
• Has experience creating projections, rolling revenue calculations and Pro-Formas.
• Handle treasury functions for Firm and affiliates
• Coordination of audits and the establishment and constant improvement of accounting policies which will include the development of efficient and effective processes that also support key areas of the business as well as internal controls
• Work with upper management in identifying and resolving BD related financial issues and suggesting procedure changes as necessary
• Account Payables/Receivables accounting and expense allocations
• Assist in managing new and existing banking relationships and administration
• Assist in data gathering for all tax filings and annual audit support

Requirements

• Bachelor’s Degree required / CPA preferred
• series 27 a plus, but not required. must be willing to take the test
• Microsoft Dynamics GP a plus
• Previous experience in accounting function at a broker dealer, clearing firm, or financial services industry a plus
• QuickBooks or equivalent accounting platforms and advanced Excel skills required
• Prior Payroll experience preferred
• Minimum of 3+ years accounting experience
• Previous experience in accounting function at a broker dealer, clearing firm, or financial services industry a plus
• Experience as a broker-dealer FINOP professional
• ADP Workforce Now preferred
• An understanding of financial reporting systems, procedures, and controls
• Strong organizational skills, attention to detail and prioritization capabilities
• Demonstrated ability to manage multiple projects and adapt to change
• Strong analytical, critical-thinking and problem-solving skills
• Basic understanding of internal controls
• Ability to effectively communicate and interact with all levels of management and work in a team-oriented environment
• Ability to collaborate effectively with business partner

Benefits

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Work From Home
• Salary Range: $140,000 - $170,000

Fast. Competitive. Flexible. These are characteristics of a successful trader. They also describe Hold Brothers trading technology. At Hold Brothers Capital, we understand traders and trading. We are leaders in providing our traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. We are committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. Our team of expert software developers is available on a daily basis to assist our traders, customize our proprietary technology to meet their needs, and provide risk management capabilities. All in real time. Fast. Competitive. Flexible. These are characteristics of a successful trader. They also describe Hold Brothers trading technology. At Hold Brothers Capital, we understand traders and trading. We are leaders in providing our traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. We are committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. Our team of expert software developers is available on a daily basis to assist our traders, customize our proprietary technology to meet their needs, and provide risk management capabilities. All in real time.