14969-1 Accounting Operations (Staff Accountant/Cash Applications)

Canon Recruiting Group•Urbandale, IA

5d•Hybrid

About The Position

This position is for an Accounting Operations role, specifically focusing on Staff Accountant and Cash Applications functions. The role is part of a close-knit team of 4 individuals, offering a foundation for training and career development within the broker-dealer industry. The individual will perform a critical cash application function, clear unapplied or unidentified cash, follow up on changes to the broker of record with providers, and apply fees. They will also maintain a database of carriers and client information for efficient commission application, work with Supervisory Principal and Reps for revenue reporting and commission investigations, liaise with internal stakeholders to resolve reconciliation issues, prepare posting reconciliations, and respond to audit requests. Additionally, the role involves converting new businesses/acquisitions onto the company platform.

Requirements

HS degree or equivalent
Proficiency with MS Excel
Strong communication both written and verbal – ability to interface with stakeholders at varying levels of seniority
High attention to detail
Engaged and motivated attitude

Nice To Haves

Bachelor’s degree in finance, accounting, or related discipline
1-2 years of accounting / finance experience
Candidate will need to get Fingerprinted

Responsibilities

Clear unapplied or unidentified cash.
Follow up on changes to the broker of record with providers.
Apply fees and other fee payments in internal system.
Maintain database of carriers, carrier contacts, clients name, client code or short name, account #, policy # or other identifying information so commissions can be applied more efficiently.
Work with Supervisory Principal and Reps as needed for revenue reporting, investigating missing commissions, etc.
Liaise with various internal stakeholders to identify and correct any reconciliation issues between internal systems.
Prepare posting reconciliation between bank receipts and cash postings to ensure completeness and accuracy.
Respond to Audit Requests (FINRA, SEC, D&T, AML, Internal).
Convert new businesses/acquisitions onto the company platform.