Wedbush Securities
Regulatory Accountant
Wedbush Securities, Los Angeles, California, United States, 90079
Job Description
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.
Our Regulatory Accounting Department is seeking an experienced professional who is committed to obtaining a deep knowledge of the regulatory accounting rules. This is a very important role in our accounting and finance department that will report to the Regulatory Accounting Manager.
Responsibilities Include, But Are Not Limited To
Compile regulatory filings (FOCUS reports, including Customer Reserve and Net Capital computations, etc.) with accuracy and attention to detailPrepare daily and monthly reports and schedules to support regulatory and accounting processesWork effectively with internal and external financial and regulatory auditorsInteract and work with various departments within the firm to reconcile differences and calculate pieces critical to the financial statements and regulatory reportsPrepares FOCUS Sub-Schedules-Firm Inv Haircut/Mkt Blockage/Ops Chg/Poss CtrlPerform general accounting duties for the broker dealer including reconciliations, journal entries, allocations, etc.Perform other duties and tasks as required and assignedRequired Experience
Bachelor's Degree from an accredited university, preferably in Business/Econ with emphasis in accounting/finance3+ years of corporate or public accounting (preferably Big 4) experience highly preferredKnowledge and understanding of U.S. GAAPExperience and understanding of 15c3-1 and 15c3-3Regulatory reporting experience from broker dealer preferredHighly meticulous, detail-oriented, and accurateAbility to analyze processes and improve efficiency of proceduresStrong analytical and accounting skills and knowledgeHighly proficient in MS Excel and Word; agile at learning new software applicationsBenefits
Wedbush Securities offers robust benefits to our colleagues:
Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your familyHealth Savings Account with company-sponsored contributionsFlexible Spending Accounts (FSA) traditional and dependent carePre-Tax Commuter Benefits401(k) plan with discretionary, competitive company matching and profit-sharing contributionsTuition reimbursement up to $5,250/year3 weeks of Paid Time Off2 weeks of Paid Sick Time (may vary by location)10 Paid HolidaysCharitable Donation Matching ContributionsPaid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)FINRA License SponsorshipTravel & Employee Assistance and Employee Discount Programs
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $60,000-$80,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the individual and the firm's performance. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States.#J-18808-Ljbffr
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.
Our Regulatory Accounting Department is seeking an experienced professional who is committed to obtaining a deep knowledge of the regulatory accounting rules. This is a very important role in our accounting and finance department that will report to the Regulatory Accounting Manager.
Responsibilities Include, But Are Not Limited To
Compile regulatory filings (FOCUS reports, including Customer Reserve and Net Capital computations, etc.) with accuracy and attention to detailPrepare daily and monthly reports and schedules to support regulatory and accounting processesWork effectively with internal and external financial and regulatory auditorsInteract and work with various departments within the firm to reconcile differences and calculate pieces critical to the financial statements and regulatory reportsPrepares FOCUS Sub-Schedules-Firm Inv Haircut/Mkt Blockage/Ops Chg/Poss CtrlPerform general accounting duties for the broker dealer including reconciliations, journal entries, allocations, etc.Perform other duties and tasks as required and assignedRequired Experience
Bachelor's Degree from an accredited university, preferably in Business/Econ with emphasis in accounting/finance3+ years of corporate or public accounting (preferably Big 4) experience highly preferredKnowledge and understanding of U.S. GAAPExperience and understanding of 15c3-1 and 15c3-3Regulatory reporting experience from broker dealer preferredHighly meticulous, detail-oriented, and accurateAbility to analyze processes and improve efficiency of proceduresStrong analytical and accounting skills and knowledgeHighly proficient in MS Excel and Word; agile at learning new software applicationsBenefits
Wedbush Securities offers robust benefits to our colleagues:
Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your familyHealth Savings Account with company-sponsored contributionsFlexible Spending Accounts (FSA) traditional and dependent carePre-Tax Commuter Benefits401(k) plan with discretionary, competitive company matching and profit-sharing contributionsTuition reimbursement up to $5,250/year3 weeks of Paid Time Off2 weeks of Paid Sick Time (may vary by location)10 Paid HolidaysCharitable Donation Matching ContributionsPaid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)FINRA License SponsorshipTravel & Employee Assistance and Employee Discount Programs
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $60,000-$80,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the individual and the firm's performance. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States.#J-18808-Ljbffr