AVP, Accounting & Cash Reconciliation

LPL Financial•Fort Mill, SC

22h

About The Position

At LPL, people leaders hold the key to the employee experience — shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win – clients, LPL, and most importantly our, employees. If you're ready to lead with intention and discover what’s possible, LPL Financial invites you to apply today. Job Summary: LPL Financial is seeking an Assistant Vice President (AVP), Accounting & Cash Reconciliation to lead critical components of the Firm’s corporate accounting close, cash and asset reconciliation operations, and financial control environment. This role oversees daily reconciliation activities, G&A month‑end close, SEC Rule 15c3‑3 Customer Reserve calculations, and internal control compliance. The AVP plays a key leadership role in delivering accurate, timely financial results, ensuring strong internal controls, and driving process excellence across a high‑volume, deadline‑driven environment. This position partners closely with FP&A, Treasury, Tax, Operations, Audit, and Regulatory Reporting while leading a multi‑location accounting team through a period of modernization, automation, and accelerated close timelines.

Requirements

Bachelor’s or Master’s in Accounting, Finance, or related field
7–10+ years of accounting or financial reporting experience
Understanding of U.S. GAAP, close processes, and internal controls
Experience leading teams in a high‑volume, deadline‑driven environment
Advanced Excel and experience with major ERP systems (e.g., Oracle)
Ability to manage accelerated close timelines and shifting priorities
Analytical and problem‑solving capabilities
High attention to detail with the ability to simplify complex processes
Effective communication and stakeholder management
Ability to lead teams through pressure and tight deadlines
Integrity, sound judgment, and commitment to operational excellence

Nice To Haves

CPA strongly preferred.
Experience in broker‑dealer, banking, or financial services organizations.
Experience with Oracle, Hyperion, BETA, Kyriba, Trintech, Blackline, or similar systems.
Ability to pass the Series 99 Exam
Background in SOX, audits, or regulatory reporting.

Responsibilities

Accounting Close & Financial Reporting Lead monthly, quarterly, and annual close cycles with timely, accurate financial results.
Oversee journal entries, accruals, reclasses, and reconciliations across assigned G&A cost centers.
Review and approve balance sheet reconciliations and financial variance analyses.
Ensure compliance with U.S. GAAP, internal policies, and regulatory requirements.
Cash & Asset Reconciliation Oversight Lead end‑to-end daily reconciliation of cash, clearing, suspense, and asset accounts.
Review and resolve breaks, aged items, and exceptions in accordance with firm policy.
Oversee interest, corporate actions, and cash‑related activity.
SEC Rule 15c3‑3 Customer Reserve Calculation Oversee daily reserve formula preparation and review.
Validate segregation requirements and debit/credit computations.
Coordinate timely funding movements with Treasury.
Maintain documentation, controls, and audit support.
Governance, Controls & Compliance Maintain a strong internal control environment across accounting processes.
Ensure SOX compliance and support audit requests, walkthroughs, and remediation.
Strengthen policies, documentation, and control frameworks.
Cross‑Functional Partnership Serve as an accounting liaison to FP&A, Operations, Treasury, and business units.
Provide accounting guidance and support forecasting, budgeting, and new initiatives.
Team Leadership & Development Lead and develop a multi‑site team across Fort Mill and San Diego.
Set priorities, delegate effectively, and drive accountability and performance.
Support daily operational deliverables, including reconciliations and reserve filings.
Foster a culture of collaboration, growth, and continuous improvement.
Systems, Process Improvement & Automation Lead enhancements to systems and workflows to improve accuracy and efficiency.
Drive automation of reconciliations, journal entries, and reporting.
Support UAT, system upgrades, and data quality validation efforts.
Audit, Regulatory, and Project Support Support internal/external audits with schedules and analysis.
Assist in regulatory reporting as needed.
Contribute to strategic finance initiatives, system implementations, and process redesign.