Sr. Accountant

U.S. Bank • Saint Louis, MO

1d • Hybrid

About The Position

The Senior Accountant will support accounting, financial reporting, and control activities for a clearing capital markets broker-dealer with diverse fixed income and securities financing operations. This role is responsible for executing accounting processes across a range of products and transaction types, including fixed income trading, underwriting, securities borrowing and lending, repurchase and reverse repurchase agreements, defeasance transactions, and VRDN remarketing. The ideal candidate for this position is an individual with broker-dealer product knowledge, technical accounting expertise, and understanding of trade lifecycle events. The Senior Accountant will work closely with cross-functional teams to ensure accurate financial reporting, maintain a strong control environment, and support operational efficiency in a highly regulated environment.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience
• Typically Five to eight years of experience in financial accounting activities
• Knowledge of U.S. GAAP and financial reporting
• Experience with reconciliations and month-end close
• Strong Excel and data analysis skills
• Hold FINRA Series 99 or be able to pass testing within 4-month window (120 days)
• Strong technical accounting judgment
• Attention to detail and control orientation
• Ability to manage competing priorities in a deadline-driven environment
• Strong verbal and written communication skills
• Ability to translate complex product activity into clear accounting conclusions
• Effective cross-functional collaboration
• Continuous improvement mindset

Nice To Haves

• Familiarity with capital markets or broker-dealer products preferred
• Understanding of capital markets products and operational flows

Responsibilities

• Support accounting for fixed income trading (corporate bonds, municipals, treasuries, ABS, CDs, VRDNs)
• Support accounting for fixed income underwriting activities (corporate bonds, municipal bonds, ABS, Broker CDs and Rule 144A offerings)
• Assist with securities borrowing and lending transactions
• Record and analyze repurchase and reverse repurchase agreements
• Support accounting for defeasance transactions and VRDN remarketing activities
• Prepare daily, monthly, and quarterly journal entries for capital markets and broker-dealer products, including trade date and settlement date accounting, accruals, valuations support, and balance sheet reconciliations.
• Prepare accounting close deliverables, journal entries, substantiations, and account reconciliations for assigned products and legal entities.
• Partner with operations and product control teams to understand end-to-end transaction flows and ensure accounting conclusions aligned with business activity and system processing.
• Support accounting analysis for complex transactions, new products, and non-routine events.
• Support internal and external financial reporting for the broker-dealer, including legal entity reporting and consolidation inputs, as applicable
• Maintain balance sheet and P&L integrity
• Ensure compliance with U.S. GAAP and internal controls
• Assist with audit requests and documentation
• Partner with regulatory reporting teams for data consistency
• Work closely with capital markets desk operations, treasury, regulatory reporting, internal and external audit teams and product control teams
• Assist with accounting support for system implementations and process improvements

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Senior