Financial Reporting Manager

Millennium Management • New York, NY

78d • $70,000 - $160,000

About The Position

The Financial Reporting Manager will oversee the financial aspects of a registered Futures Clearing Merchant ("FCM"), ensuring compliance with regulatory requirements. This role is responsible for the review of monthly books and records, including financial statements, regulatory filings, net capital requirements, and other ongoing deliverables. The manager will ensure compliance with net capital requirements of the FCM in accordance with the FINRA Net Capital Rule 15c3-1 by having an in-depth understanding of the net capital requirements, being well-informed about the Company's expected activities, and reviewing intraday and end-of-day net capital computations. Additionally, the manager will perform financial analysis for various needs, including budgeting and forecasting of business results, and will be responsible for the oversight and preparation of the Company's annual US GAAP audited financial statement, liaising with external auditors on audit and US GAAP-related matters. Ongoing support for NFA/CME regulatory examinations is also a key responsibility, along with the enhancement, testing, and maintenance of the net capital calculation tool in collaboration with other internal teams. The manager will ensure all required month-end reconciliations are performed and reviewed, and will review relevant sections of the Company's compliance manual.

Requirements

• 10+ years of experience in financial services.
• Expertise and in-depth knowledge/understanding of the regulatory requirements for a Futures Clearing Merchant ("FCM") or Broker/Dealer.
• Experience with the rules and requirements for an FCM, including Form 1-FR-FCM filings and instructions, CFTC rules, and other relevant guidance.
• Experience managing and handling regulatory examinations and interacting with regulators.
• Strong communication skills, with the ability to work with other teams, including Finance, Compliance, Legal, Treasury, Operations, and IT.
• Strong documentation skills.
• Detail-oriented with the ability to track deadlines effectively.

Nice To Haves

• CPA license preferred.
• FINRA's Series 27 or Series 28 license preferred.

Responsibilities

• Oversee the financial aspects of a registered Futures Clearing Merchant ("FCM"), ensuring compliance with regulatory requirements.
• Responsible for the review of monthly books and records, including financial statements, regulatory filings, net capital requirements, and other ongoing deliverables.
• Ensure compliance with net capital requirements of the FCM in accordance with the FINRA Net Capital Rule 15c3-1.
• Perform financial analysis for various needs, including budgeting and forecasting of business results.
• Responsible for the oversight and preparation of the Company's annual US GAAP audited financial statement and liaising with external auditors.
• Provide ongoing support for NFA/CME regulatory examinations.
• Responsible for the enhancement, testing, and maintenance of the net capital calculation tool.
• Ensure all required month-end reconciliations are performed and reviewed.
• Review relevant sections of the Company's compliance manual.

Benefits

• Base salary range of $70,000 to $160,000.
• Discretionary performance bonus.
• Comprehensive benefits package.

What This Job Offers

• Job Type: Full-time
• Industry: Real Estate