Phaxis
Staff Accountant
Phaxis, New York, New York, us, 10261
We are seeking a skilled Staff Accountant to become a part of our expanding team. This role involves close collaboration with the CFO and EVP of Operations & Finance and will play a crucial role in supporting our global financial operations, including activities in China. The position is based at our headquarters in New York City, One Pennsylvania Plaza.
Key Responsibilities
Generate monthly, quarterly, and annual financial statements, account reconciliations, and various other accounting reports.Conduct daily account reconciliations and oversee key operational controls to ensure accuracy and integrity of financial data, addressing any discrepancies between general ledger and sub-ledger systems.Oversee the segregation of fully paid securities and perform weekly reserve requirement calculations to maintain compliance with net capital rules.Prepare documentation and technical accounting memos for internal and external audits, including broker-dealer guidance.Stay updated on regulatory changes to make strategic recommendations for process improvements and ensure compliance with Client and SEC regulations.Handle daily accounting tasks such as accounts payable/receivable, account/vendor reconciliations, revenue recognition, and ad-hoc projects.Qualifications
Bachelor's degree in Accounting, Finance, or a related field.A Master's degree or CPA is highly desirable.At least 1 year of relevant experience in financial services or public accounting.Experience in the securities industry or with a Client registered broker-dealer is preferred.Strong attention to detail and accuracy.Excellent problem-solving and analytical skills with the ability to work independently in a fast-paced environment.Proficiency in Mandarin is a plus.80,000-120,000
Key Responsibilities
Generate monthly, quarterly, and annual financial statements, account reconciliations, and various other accounting reports.Conduct daily account reconciliations and oversee key operational controls to ensure accuracy and integrity of financial data, addressing any discrepancies between general ledger and sub-ledger systems.Oversee the segregation of fully paid securities and perform weekly reserve requirement calculations to maintain compliance with net capital rules.Prepare documentation and technical accounting memos for internal and external audits, including broker-dealer guidance.Stay updated on regulatory changes to make strategic recommendations for process improvements and ensure compliance with Client and SEC regulations.Handle daily accounting tasks such as accounts payable/receivable, account/vendor reconciliations, revenue recognition, and ad-hoc projects.Qualifications
Bachelor's degree in Accounting, Finance, or a related field.A Master's degree or CPA is highly desirable.At least 1 year of relevant experience in financial services or public accounting.Experience in the securities industry or with a Client registered broker-dealer is preferred.Strong attention to detail and accuracy.Excellent problem-solving and analytical skills with the ability to work independently in a fast-paced environment.Proficiency in Mandarin is a plus.80,000-120,000