AVP, Accounting & Cash Reconciliation

LPL Financial • Fort Mill, SC

1d • Onsite

About The Position

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. We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

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
• 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

• 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.
• 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.
• 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.
• 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.
• Serve as an accounting liaison to FP&A, Operations, Treasury, and business units.
• Provide accounting guidance and support forecasting, budgeting, and new initiatives.
• 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.
• 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.
• Support internal/external audits with schedules and analysis.
• Assist in regulatory reporting as needed.
• Contribute to strategic finance initiatives, system implementations, and process redesign.

Benefits

• 401K matching
• health benefits
• employee stock options
• paid time off
• volunteer time off
• mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees