Derivatives Accounting Manager

PT FINANCIAL HOLDINGS INC•Chicago, IL

1d•$175,000 - $225,000•Remote

About The Position

We are seeking a motivated and detail-oriented Derivatives Accounting Manager to join our growing team. We are seeking candidates with strong client service and derivative accounting backgrounds. Reporting directly to the Head of Bond Trust, the Manager will be a subject matter expert in derivative accounting as well as oversee the high level strategy and client service, creating scalable products. This is a great opportunity to contribute to a rapidly growing area of the business, be involved in shaping the operational architecture, and work closely with cross-functional teams including technology, sales, and client services. While the position is based in Chicago, remote candidates are encouraged to apply.

Requirements

Bachelor's degree in Accounting, Finance, or related field. The ideal candidate would also be a CPA.
10+ years of progressive experience in accounting or finance, with a strong focus on derivatives and hedge accounting (ASC 815).
Demonstrated experience managing teams and leading through change and growth.
Deep knowledge of U.S. GAAP derivative and hedge accounting standards (ASC 815).
Excellent communication, organizational, and time management abilities
Detail-oriented with the ability to manage multiple priorities in a fast-paced, high-pressure environment
High emotional intelligence and professional demeanor; able to build trust and maintain confidentiality
Proficiency in Microsoft Excel; experience with VBA, SQL, or Bloomberg (MARS, HEFF, SWPM) is a plus
Demonstrated experience in data and process management
Required to complete registration as an Associated Person with the NFA within 120 days of hire date
Candidates must be eligible to work permanently in the United States without sponsorship.

Responsibilities

Oversee deliverables: generate, audit, and upload accounting reports while ensuring data accuracy and quality control.
Serve as escalation point for complex/new strategies, operational issues, and accounting questions related to derivatives.
Act as a firm-wide subject matter expert on derivative and hedge accounting, including interpretation and application of ASC 815 and other relevant guidance.
Monitor emerging FASB and regulatory developments related to derivatives and hedging; assess impact and lead implementation of new standards and interpretations.
Interact with sales and client services teams to address data and reporting questions.
Serve as a resource and educator for prospects and clients throughout onboarding and ongoing servicing.
Partner with technology to manage automation and reporting projects in collaboration with the Derivatives and Analytics teams.
Lead in building out quality control and reconciliation checks to strengthen reporting accuracy.
Work with internal teams to integrate data across groups and platforms.
Develop a working knowledge of client regulatory filing requirements with support from internal resources.

Benefits

Health Coverage
Medical, Dental & Vision Insurance (administered through a national carrier such as Blue Cross Blue Shields )
Prescription Drug Plans
Pre-Tax Flexible Spending Account (Health and Dependent Care) (FSA)
Health Savings Account (HSA)
Time Off & Work-Life Benefits
Vacation/Personal Days + Holidays
Financial & Income Protection Benefits
PT Retirement
Mission-Driven Employee Stock Ownership Plan
Voluntary Life Insurance + Long-Term Disability Insurance
Wellness & Everyday Support
Discounted Fitness Memberships (Free membership for Chicago office)
Pre-Tax Commuter Benefits – Transit & Parking
Mental Health support through company provided Employee Assistance Program
Employee recognition programs (PT Rewards and Annual Awards)