Senior Financial Vice President

Job Description It is the policy of this company to comply with federal and state laws and regulations, as well as United States Generally Accepted Accounting Principles (US GAAP). The Finance Department is responsible for adhering to and complying with fiscal and regulatory norms. The Finance Department ascertains that certain procedures are followed by other departments to ensure that all transactions are properly recorded, monitored and verified. In order to perform this function, the Finance Department reviews reports produced by the TSS system (Trade Support System) and InteliClear (IC) trade processing systems and the General Ledger and analyzes the activity of the accounts on a regular basis. ROLE RESPONSIBILITIES: Financial Reporting and Technical Accounting • Follow month end closing procedures to prepare monthly financial statements. • Maintain revenue/expenses accrue schedules and journal entries required by the daily operation. • Prepare monthly financial forecast; participate in GL closing procedure and preparation of monthly management reporting. • Follow up with leasing accounting, tax subjects with the support from consultant and responsible for journal entries. • Plan company's annual Budget and budget allocation; prepare budget performance reports on a monthly basis, and analyze variances between approved budgets and actual expenditures • Prepare Board Meeting materials related to financial highlights and KPI analysis • Coordinate with regional office and Home Office on various projects such as Three Year Forecast, institutional level of performance evaluation, special project expenditure application, etc. • Assist Company's monthly Home Office financial reporting, including preparation of financial statement under IFRS standard, implementation of monthly HO required financial and risk related reports; assist external audit in reviewing semi-annual and year-end HO reporting audit; government filing required by HO, etc. JOB REQUIREMENTS: Master's degree in Accounting, Finance, Business Administration or a related degree plus three years' experience in job offered or related position. (Alternatively, will accept a Bachelor's degree in Accounting, Finance, Business Administration or a related degree, plus five years' experience in job offered or related position). Experience may have been gained concurrently and must include: • 2 years' experience with broker dealer activities, • 5 years' experience with GAAP Accounting Standards • US CPA certificate Within the defined area of responsibility ensure the following as it pertains to the position and where applicable: Risk Management: Perform due diligence in daily job to monitor risks and to prevent risk events from occurring. Manage daily responsibilities within risk governance framework, and policies and procedures of the firm. Take responsibility for identifying and reporting any risks. Possesses the appropriate risk management and internal control capabilities/skill set for the position. Compliance & AML: • Perform daily role in line with the Company's policies, procedures, WSPs and in compliance with applicable rules, laws and regulations to avoid and/or mitigate any regulatory risks.

Created: 2024-11-02