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Senior Financial Reporting Specialist

2 months ago

Chicago, Illinois, United States Ad Atlantic Full time

Senior Financial Reporting Specialist

Ad Atlantic is a prominent player in the proprietary trading sector, seeking to appoint a Senior Financial Reporting Specialist to enhance our dedicated team of three professionals. This role is pivotal in managing intricate accounting challenges and adapting to evolving regulatory requirements, ensuring adherence to GAAP standards. The successful candidate will also contribute to financial reporting, analytical assessments, and the formulation of accounting policies.

Key Responsibilities:

  • Leverage your expertise to advise the team on intricate accounting topics, including revenue recognition, lease agreements, consolidations, and financial instruments.
  • Investigate and apply new accounting standards and methodologies.
  • Draft technical accounting documentation to substantiate accounting decisions and disclosures.
  • Assist in the preparation and examination of financial statements.
  • Collaborate with external auditors to resolve technical accounting queries and furnish them with requisite documentation.
  • Develop, revise, and uphold both new and existing accounting policies and procedures.
  • Assess and enhance internal financial reporting controls.
  • Lead initiatives related to new system deployments and process enhancements.
  • Identify avenues for process optimization and efficiency within the finance department.

Required Qualifications:

  • Bachelor's degree in Finance or Accounting; CPA designation is preferred.
  • Robust background in technical accounting.
  • Previous experience in a trading firm, hedge fund, or asset management environment.
  • Experience in preparing financial statements.
  • Comprehensive understanding of GAAP principles.