Chief Financial Officer / Financial Operations Principal

Job Summary

Hold Brothers Capital, LLC, a leading self-clearing proprietary broker-dealer, is seeking a CFO/FINOP to be responsible for our Accounting and Regulatory Filing functions. Reporting to the CEO, this role is responsible for hands-on day to day accounting including, but not limited to: Financial and regulatory reporting, accounting controls, payroll, account reconciliations, vendor management, accounts payables/receivables, tax filings, and all other related FINOP and accounting responsibilities. This individual will collaborate with business unit and functional teams for the end to end process in producing consolidated financial statements and related disclosures. Series 27 is required.

Essential Functions

• Partner with CEO, CFO and senior management to work on day to day accounting and FINOP responsibilities of self-clearing proprietary trading firm.
• Preparing financials and books and records for the Broker-Dealer and ensuring all regulatory reporting requirements are met.
• All account reconciliations (weekly, monthly, quarterly, and annual)
• All payroll, and all payroll processing related functions including: ADP Workforce Now Time & Attendance administration, ensuring accuracy of payroll submissions, new employee set-up, management of internal and external payroll audits, payroll tax reporting and reconciliations, etc.
• Ensuring accurate and timely completion of the month-end, quarter-end, and year-end close process.
• Serve as main point of contact for all banking relationships.
• Keeping abreast of regulatory developments and making strategic recommendations for process/control modifications and the oversight of their implementation.
• Maintaining relationships with key external stakeholders (regulatory/government bodies, external auditors) as it pertains to the Broker-Dealer.
• Contributing value-added and strategic insight to organizational areas within the Firm and other stakeholders throughout the business.
• Managing all tax filings, planning, and compliance with all required federal, state, local, payroll, property and other applicable taxes.
• Supervision and/or performance of the Broker-Dealer’s responsibilities under all financial responsibility rules promulgated pursuant to the provisions of the Securities Exchange Act of 1934 (Exchange Act).
• Collaborating with all departments to ensure financial information and new systems will efficiently and accurately consolidate with accounting processes and systems.

• Accounts Payables/Account Receivables
• Account and vendor reconciliations
• Vendor management
• FOCUS Reports
• Net Capital Computations
• Annual Audit Support
• FINRA Examination Support
• Accounting Due Diligence
• Bookkeeping
• Other duties as assigned

Requirements

• Degree in Accounting or Finance required; Advanced degree is a plus
• Series 27 required
• Experience with Great Plains, ADP Workforce Now, and QuickBooks
• CPA a plus but not required

• Minimum of 10+ years combined experience in accounting and as a FINOP.
• Demonstrable experience working with FINRA, SEC, and expert knowledge of regulatory reporting requirements.

Benefits

Paid time off, Health insurance, Dental insurance

Salary: $240,000 - $300,000