Technical Accountant

Tradeweb•New York, NY

10d•Hybrid

About The Position

Tradeweb is opening an exciting new role for a Vice President, Technical Accounting, to oversee the accounting and reporting for the company’s portfolio of strategic and financial investments, including minority equity investments, convertible debt instruments, warrants and equity method investments. This newly created role consolidates all investment-related accounting and reporting activities under one function and offers the opportunity to own the full lifecycle of investment accounting, from assistance in due diligence and initial accounting conclusions to monthly close and basis tracking to quarterly fair value and impairment analyses and assistance in the preparation of quarterly 10Q/K disclosures. The Vice President will oversee both the technical and operational aspects of investment accounting, including preparing monthly journal entries, reconciliations and detailed investment and equity method schedules. The role will involve evaluating investee financial statements to identify accounting principle differences (i.e. IFRS vs US GAAP and/or private vs. public company accounting elections), tracking basis differences and step-ups resulting from purchase price allocations, maintaining converted books for equity method investees and calculating equity pickup amounts. The Vice President will also prepare quarterly impairment and fair value analyses and related technical accounting memos and quarterly financial statement disclosures. The position will report to the Director of M&A Accounting and Integration and will work closely with corporate development, legal, tax, corporate accounting and SEC reporting teams and assist with external audit requests. This is a hands-on role, and the ideal candidate should be excited to be in the details of the company’s investment portfolio and accounting. This role will also assist in other accounting/finance transformation efforts and other ad-hoc accounting/finance projects as needed.

Requirements

4-10 years of total accounting experience, with a minimum of 3 years in public accounting (Big Four preferred)
CPA or equivalent required
Strong US GAAP technical accounting knowledge, including debt and equity investments (ASC 320 and 321), equity method accounting (ASC 323), purchase price allocations (ASC 805) and fair value measurement (ASC 820)
Familiarity with other complex US GAAP accounting areas such as revenue recognition, stock-based compensation and financing transactions to evaluate investee financial statements and identify accounting differences
Experience preparing technical accounting memos and applying complex accounting guidance
Excellent analytical and problem-solving skills, with strong organizational skills and attention to detail
Demonstrated ability to perform detailed operational work, including journal entries and reconciliations
Expert knowledge of MS Office (Outlook, Word, PowerPoint, and Excel)
Excellent oral and written communication skills

Nice To Haves

Some M&A deal related experience a plus
Digital asset experience a plus
Experience with Oracle, FCCS and Alteryx a plus

Responsibilities

Perform and oversee the monthly accounting for all corporate investments, including journal entries, reconciliations and investment roll forwards
Maintain detailed investment schedules, equity method adjustments and fair value measurement support
Evaluate investee financial statements to identify differences in accounting principles, track basis differences and step-ups, and maintain converted books for equity method investees
Prepare quarterly impairment and fair value analyses, including drafting supporting technical accounting memos
Review valuations prepared by the corporate development team and assess accounting implications under U.S. GAAP
Participate in investment due diligence, including review of financial information and legal agreements and review purchase price allocations prepared by valuation specialists to understand accounting impacts
Collaborate with corporate development, legal, tax, corporate accounting and SEC reporting teams to ensure timely and accurate recognition, measurement and disclosure of investments
Support quarterly and annual reporting processes by providing investment-related data and analyses for financial statement disclosures
Maintain and enhance documentation and SOX controls over investment-related accounting and reporting processes
Stay current on relevant accounting and disclosure guidance related to investments, impairment, and fair value measurement
Contribute to the company’s broader finance transformation goals and initiatives, aimed at streamlining/automating all processes from record to report and continuously enhancing to the internal control environment
Actively participate in other special ad hoc projects as they arise

Benefits

Health Insurance: Highly competitive medical, dental, and vision programs
Hybrid Environment: Our employees have the flexibility of working in the office and from home.
Health Care and Dependent Care Flexible Spending Accounts: You may elect to set aside pre-tax earnings to pay for eligible health care and dependent day care expenses for you and your eligible family members.
Maven Family Building Benefit: Maven offers support for fertility and preconception; pregnancy and post-partum; adoption; surrogacy and pediatrics for children up to age 10. Tradeweb provide a $10,000 lifetime reimbursement towards fertility, egg freezing, adoption and surrogacy expenses.
Building Wealth - 401(k) Savings Plan: Employees are immediately eligible for the 401(k) plan. Participants may contribute up to 75% of eligible compensation into a traditional 401(k) and/or Roth 401(k). Tradeweb will match 100% of the first 4% of compensation that you contribute.
Pre-Tax Commuter Benefits Program
ARAG Legal Services
Employee Assistance Program
Tuition Reimbursement
Financial Wellness Tools
Travel Assistance Benefits
Pet Insurance
Corporate Gym Subsidies
Wellness Perks
Paid Time Off and Parental Leave