Accounting jobs

Jobs of the Day: Barrier Advisors Needs Associates and Analysts

Barrier Advisors, Inc. has positions at both the Associate and Analyst level to join its Restructuring & Investment Banking Group in Dallas, Texas. These positions will provide financial and accounting consulting services in corporate restructuring, M&A and other areas.

The Associate positions require 3 to 4 years experience with CPA, CFA, CIRA or Series 7 a plus. Analysts require 1 to 2 years experience and certifications are also a plus.


Company: Barrier Advisors, Inc.

Title: Associate or Analyst

Location: Dallas

Description: Provide financial and accounting related consulting and advisory services primarily in the areas of Corporate Restructuring and Mergers and Acquisitions. This practice provides services primarily in the following areas: Creditor and Debtor Advisory, Mergers and Acquisitions, Performance Improvement, Wind-Down and Liquidation.

Responsibilities: Apply business, accounting, finance and analytical skills to various client situations and practice disciplines (e.g., financial modeling, ratio and comparable company analysis, review/analysis of financial statements and projections, assessing business plans, claims, conducting due diligence on balance sheet and profit and loss statement items, etc.); Prepare complex cash flow projections and worksheets to model business processes and/or actual or hypothetical transactions; Work to ensure a quality product, as well as delivery of all work within established timeframes; Prepare draft written analyses and other reports for third parties, as necessary, on the project scope, findings and/or results of activities; Prepare PowerPoint presentations and quantitative exhibits for third parties, as necessary, on the project scope, findings and/or results of activities; Research and organize information to facilitate effective data access and analysis.

Qualifications: Proficiency with PC environment and related software, including Microsoft Office applications (a very strong emphasis on Excel and PowerPoint); Familiarity with web-based financial research resources for corporate information, SEC filings, competitive data, etc; Thorough knowledge of corporate finance and accounting principles and terminology; General knowledge of corporate bankruptcy process and procedure;

Associate Education/Experience: Bachelor’s Degree in accounting, finance or business administration is required, MBA preferred. If not a business degree, then subsequent business training can suffice; 3-4 years of Investment Banking, Consulting, Private Equity or Public Accounting is desired; Certifications such as CPA, CFA, CIRA, Series 7, etc. are not mandatory, but will be considered.

Analyst Education/Experience: Bachelor’s Degree in accounting, finance or business administration is required. If not a business degree, then subsequent business training can suffice; 1-2 years of Investment Banking, Consulting, Private Equity or Public Accounting is strongly desired; Certifications such as CPA, CFA, CIRA, Series 7, etc. are not mandatory, but will be considered.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Asset Management Company Needs a Tax Manager

A top mutual fund/asset manager is looking for a tax manager to take responsibilities over many of the tax functions including Product Support (e.g. reviewing of federal and state tax returns) and Corporate Support (FIN 48 Analysis).

Qualifications include a Bachelor’s Degree in accounting, 5+ years of mutual fund taxation experience either with a , public accounting firm or a mutual fund complex and hedge fund experience is plus. The position is located in New York.


Company: Not disclosed

Title: Tax Manager

Location: New York

Responsibilities: Review fiscal year end and excise tax calculations (mutual funds, ETF’s); Review federal, state and local tax returns (mutual funds, hedge funds and ETF’s); Prepare/review year end 1099 shareholder tax reporting and supplemental tax reporting information (i.e. foreign tax credit pass through, tax exempt income by state, alternative minimum tax); Review K-1 preparation and reporting to hedge fund partners; Assist in monitoring book/tax differences such as PFICs, wash sales, straddles, contingent debt, equity/debt determination, etc.; Monitor hedge fund investments for UBTI and FIRPTA issues; Prepare/review tax schedules required for tax return preparation; Perform tax research, advice and analysis for current and potential products (i.e. swaps, publically traded partnerships, derivatives, etc), including keeping appraised of developments and industry issues; draft tax position memos as needed; Perform FIN 48 analysis; Maintain tax filing calendar; Review monthly and quarterly tax compliance, IRC diversification, income tests, etc.; Enhance/develop internal tax policies/procedures; Assist in the training and development of portfolio administration staff on tax matters; Prepare/review tax disclosures for insertion in financial statements; Review international tax filings (i.e. ETF’s in Germany); Prepare/review tax disclosures for insertion in financial statements; Address fund shareholder, separate account and hedge fund investor tax related inquiries

Qualifications: College degree in accounting and/or advanced degree in taxation is required; 5+ years of Mutual Fund taxation experience is required, either with a public accounting firm or mutual fund complex, hedge fund taxation experience a plus; Managerial experience a plus; Proficiency in Excel and Word required.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Bloomberg Needs a Senior Accounting & Finance Analyst

Bloomberg needs someone to join their global accounting group that will be responsible for the Brazil region’s accounting operations, processing and efficiency Metrics for all accounting functions and internal control over transaction processing.

Qualifications include a Bachelor’s Degree in accounting, 5 to 7 years of relevant experience, and a CPA license. The position is located in Sao Paulo, Brazil.


Company: Bloomberg

Title: Senior Accounting and Finance Analyst

Location: Sao Paulo, Brazil

Description: The Accounting representative position is a senior-level role within the Global Bloomberg Accounting organization. The successful candidate will be responsible for all cash operations in the region, achievement of processing and efficiency of funds for all accounting functions, internal control over financial & accounting transactions, analysis & reporting Bloomberg senior accounting leadership.

Responsibilities: Processing of transactions relating to selected treasury/cash related functions and region-specific regulatory and statutory requirements for Latin America; Processing of cash flows and funding request; To support peers on bank issues; To verify the foreign rules before export or import goods on the Latin America region and to control the import/export process. Knowledge in Incoterms is a plus; To keep track of the changes at each country in the Region related to the legal procedures at Customs; To close the FX contracts for Latin Americas branches, experience in exchange is a plus; To control and storage accounting, financial and statutory documents; To control and to register all fixed assets and promotional items purchased for the region; To coordinate the print process of Nota Fiscal for all branches in Brazil; To prepare the resale, donation and scrapping spreadsheets to analyze the values to proceed or not with the process; To attend government inspections, internal or external audits and to check all government statements and escalate if necessary; Development, maintenance, and review of the internal control framework governing all financial operations within the region.

Qualifications: Bachelor’s degree in Accounting; Professional Accounting designation (e.g. CPA, chartered accountant); Demonstrated experience in process refinement/improvement to achievement goals/metrics; Prior accounting related roles with dotted line responsibilities to sales organizations and/or customer service related targets; Proficiency in Accounting systems or enterprise-wide software applications; SAP a plus; Proficiency in Spanish is an advantage.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Morgan Stanley Needs a VP – Transfer Pricing/Tax Controller

Morgan Stanley is looking for someone to join their Transfer Pricing/Tax Controllers team as a Vice President. The position will be responsible for the transfer pricing accounting process and three staff in the group.


Company: Morgan Stanley

Title: Vice President – Transfer Pricing/Tax Controller

Location: New York (One NY Plaza)

Description: Morgan Stanley is seeking a Vice President for its Transfer Pricing/Tax Controllers Team. The successful hire will be responsible for aspects of the Firm’s Transfer Pricing accounting process and management of 3 staff. The Tax Control side of the role needs to be developed further.

Responsibilities: Liaise with Transfer Pricing Tax and Legal Entity/Business Unit Controllers; Participate in month end close process for Transfer Pricing; Preparation of the quarterly and annual transfer pricing reconciliation; Account reconciliation and variance analysis; Related party account control; Responding to e-mails, questions and requests; Liaise with IT and users to help trouble shoot and resolve issues on the systems used by the group; Booking tax payments/accruals as directed by Tax; Ad hoc tax account/cost center opening.

Qualifications: Bachelors Degree; Strong Accounting skills; Strong PC Skills (Microsoft Excel, Word, Access).

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Insurance Expert with Big 4 Audit Experience Needed in New York

A major New York financial company is looking for an experienced accountant/auditor that is familiar with the insurance industry, specifically property & casualty, life or re-insurance companies.

Responsibilities include reviewing current accounting and reporting policies, as well as development and implementation of new policies.

Four to seven years of Big 4 or corporate accounting experience is preferred. CPA required.


Company: Not disclosed

Compensation: $120-$135k base + 20% bonus

Title: Accounting Analyst

Location: New York

Responsibilities: Responsible for reviewing current accounting policies and reporting proceedures and will also work on a team with responsibility for development of and implementation of new accounting policies.

Qualifications: 4 to 7 years of public or corporate accounting in the US Insurance Industries. Preference in Big 4 auditors with P&C or Life or Re-Insurance companies as clients or staff accounting professionals currently working in P&C or Life Insurers. CPA preferred. No travel.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Hamilton Lane Needs a Reporting Analyst

Hamilton Lane is looking for someone to join their Reporting Group that will monitor the performance of portfolios and investment using analytics and proprietary software developed by the Company.

The position is located in Bala Cynwyd, PA (Southwest Philadelphia), requires a fluent Spanish speaker and may require some day time travel (approximately 10%).


Company: Hamilton Lane

Title: Analyst – Monitoring and Reporting

Location: Bala Cynwyd, PA

Responsibilities: Establish and maintain client relationships as the primary contact for the Reporting Department, ensuring a superior level of client service; Work directly with Relationship Managers on client deliverables and special projects; Maintain a working knowledge of assigned client portfolios and the investments within these portfolios; Possess a working knowledge of accounting principles and be able to extract and analyze data from financial statements; Communicate with representatives of investment partnerships to ensure the timely receipt of cash flow and financial information; Coordinate assigned projects and special project work with allocated resources; Prepare quarterly and annual reports for clients and asset management vehicles; Review financial statements prepared by fund administrators for inclusion with reports; Respond to client and fund investor questions and special requests (analyze reports/informational requests), interact with Relationship Managers to ensure that the required level of client service is being provided; Monitor and track cash flow activity for limited partnerships, communicate with custodian banks regarding capital calls and distributions for clients to ensure successful delivery and receipt, reconcile cash flows with custodian banks.

Qualifications: Fluency in Spanish is a requirement; 0-4 plus years of work experience in an accounting/financial industry setting preferred; College degree (B.A., B.S. or B.B.A.); Some daytime travel possible (up to 10%).

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Holiday Weekend Accounting News: KPMG Bolts Iran; Financial Statement Reader App for iPad?; IRS Job Creation; Another Koss Fraud Theory; Toni Braxton Tax Trubs; Illegals Bilk IRS for $13 mil; Job of the Day | 04.02.10

See you Monday, capital market servants. It’s okay, tax warriors – Just think, two weeks from today and you’ll be sleeping in.

KPMG severs Iran ties [FT]
T Fly and Co. has pulled the plug on Iran after big pressure from the UANI, “Tom Wethered, KPMG International’s general counsel, wrote to UANI on Thursday that the accountancy network had terminated the membership of Bayat Rayan, one of Iran’s biggest accountants.” The FT reports that the firm cited “serious and escalating concerns,” about the country’s government.

Imagine: iPad App l Statements [XBRL Business Information Exchange via CPA Trendlines]
Someone make this happen ASAP. “Imagine it. Everyone connected by the Web, not the current Web but the Semantic Web. iPads, iPods, iPhones, Androids, Smartphones; maybe a few PCs will still be around. IFRS used globally. Financial information in XBRL making it dynamic like a pivot table, rather than static like the legacy paper statements.”


Is Hiring More IRS Employees ‘Job Creation’? [The Atlantic]
There’s a lot of hysteria over the 16,000-some odd new IRS agents that will be running around the country trying to steal your freedom. Those are real jobs though.

Koss Fraud: Unrecorded revenue? [Fraud Files Blog]
Tracy Coenen kicks around another theory of how alleged shopaholic Sue Sachdeva hid her embezzlement from Grant Thornton, “I’ve heard from a few sources who I consider to be very reliable that Sachdeva hid her theft by not recording revenue. This would mean that Koss’s revenue was understated by $31 million during the time she was committing her theft.” Tracy points out that this method would be “messy” but “There is almost no chance that the auditors will discover the theft and the cover-up. The bulk of the auditors’ work is spent on the balance sheet. So long as transactions related to the theft don’t show up in the ending balances of the balance sheet accounts, she’s pretty safe there.”

Singer Toni Braxton bobbles tax bill [Tax Watchdog]
Toni Braxton really needs help. She now owes the IRS nearly $400k after a $71k tab from last summer. We’ll say it again – Get Ludacris on the phone.

10 illegal aliens in S.C. admit to bilking IRS out of $13 million [Greenville Online]
Who do the teabaggers get mad at for this one? Don’t they hate the IRS and illegal aliens equally? We can only hope that this will cause their heads to explode. Oh, and because it’s in South Carolina we can probably expect a lynching of everyone involved.

Job of the Day: Fannie Mae Needs a Experienced Accountant [GC Career Center]
Four to six years experience, CPA required. Responsibilities include: Compile, review, analyze, and record financial information to the general ledger. Complete monthly closings. Prepare balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports. Located in DC Metro. You!

Job of the Day: Northwest Needs an Accounting Manager

Northwest is looking for an experienced accounting professional to lead a team of approximately twelve individuals. This person needs experience evaluating, creating, and re-working effective controls along with leadership experience.

The position is located in Stamford, CT, requires a minimum of eight years experience, and a CPA license. Get more details after the jump.


Company: Northwest

Title: Manager, Portfolio Accounting (Investment Management)

Location: Stamford, CT

Description: Highly skilled Portfolio Accounting Manager sought to manage/mentor staff, evaluate existing processes/innovate new more efficient ones, create new controls, streamline workflows, etc.

Responsibilities: Responsible for monthly reconciliations, the calculation and reporting of monthly performance, pricing, valuations and NAV’s, and reporting to clients for SMA’s and DFI’s; Take ownership of the portfolio accounting metrics (review existing, create new), build new processes/procedures and controls, streamline/rebuild work flows to ensure efficiency, manage third party relationships, consistently identify areas of improvement within the department, build and execute strategy as well as manage numerous cross-departmental projects. Position will report to the department senior.

Qualifications: Minimum of a Bachelors degree; prefer Masters; CPA; Minimum of 8 years relevant accounting experience (portfolio accounting, fund accounting, partnership accounting, reconciliation/valuation expertise, or CPA out of a Fund Administrator); Experience managing a staff of at least 10 individuals. Experience creating staff performance metrics, evaluating staff performance, hiring; Extensive experience evaluating accounting processes and procedures, creating controls.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Credit Suisse Needs a Head of Valuation Testing

Credit Suisse is looking for an experienced professional to join their Chief Financial Officer Division as a Head of Valuation Testing Reporting.

The position is responsible for the collection of valuation testing results across all Investment Bank business units and consolidates those results in a monthly presentation to senior management and quarterly presentation to the Audit Committee among other duties.

The position requires a minimum of seven years experience and is located in New York. Get more details after the jump.


Company: Credit Suisse

Title: Head of Valuation Testing

Location: New York

Description: This person is responsible for managing the technology for collecting the valuation testing results, summarizing the results and providing ongoing guidance to the business unit product controllers on valuation testing policies and procedures. The material this person is responsible for preparing will be reviewed by the Global Head of Product Control, the CFO and the Audit Committee.

Responsibilities: Primary deliverable is the Monthly Consolidated Inventory Valuation Review for the Investment Bank. There are also additional monthly deliverables to Product Control that summarize valuation testing metrics, exception reports and other control-related reports or processes; This person will be a key participant in the development of next generation valuation testing reporting systems and will work closely with the Product Control Reporting Group and the Strategic Process Change Group on enhancing existing systems and defining requirement for future development; This person will also work closely with his/her peers within VRG in defining new policies and procedures and guidelines for implementation of policies and procedures. Additionally this person will be a point person for communication with his/her peers in Product Control Price Testing.

Qualifications: This person needs to be organized and be able to organize a complex consolidation and reporting function such that it is most efficient and minimizes errors. Organization extends to the process of collecting information, synthesizing/editing, presenting and storing the results; This person should have experience in management reporting in a Global Investment/Commercial Bank with experience in reporting price testing results. A working knowledge of the investment banking products of derivatives, cash instruments, and structured products is a must; This person should understand the different roles of control in an investment/commercial bank and the interactions between product control, reporting, financial accounting, etc.; This person should have experience in developing technology solutions for their business with specific experience in management reporting a definite plus.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: BNP Paribas Needs an Experienced Accountant

BNP Paribas is looking for someone to join their accounting team that will be responsible for the day to day maintenance and control of the assigned sections of the general ledger.

The position requires a of two to four years experience and is located in Jersey City, NJ. Get more details after the jump.


Company: BNP Paribas

Title: Accountant, Financial Institutions

Location: Jersey City, NJ

Description: The accountant is responsible for the day to day maintenance and control of the sections of the general ledgers under his responsibility. When applicable he coordinates review and potential adjustments with operation groups He provides all required reporting to management. This person is also responsible for the process of reporting the monthly management revenues for the entities under his/her responsibility.

Responsibilities: Observance of Banks Policies and Procedures; Review of Daily Ledgers for posting errors and/or back value transactions; Justify or reconcile all accounts under her/his responsibility; Prepare and book daily/monthly entries as necessary; Prepare required reconciliation reporting for branch or entity; Assist on special projects at the request of management; Assist on user acceptance testing at the request of management
Perform specific duties and report as assigned; Assist in the distribution of financial reports and ledgers
Support Management Accounting for financial data; Produce, review, reconcile and submit monthly revenue profitability information to Head Office; Respond to questions and special requests from account officers; Investigate and resolve issues and questions concerning Customer Profitability.

Qualifications: Minimum 2-4 years experience in financial and/or management accounting; Must have Prime Brokerage product knowledge.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Citi Needs a Expense Controller

Citi is looking for someone to join their Citi Capital Advisors (CCA) Financial Control unit as an Expense Controller. The position’s responsibilities center around budgeting, forecasting and reporting actual results for all operating expenses and headcount.

It requires a minimum of six years experience and is located in New York. Get more details after the jump.


Company: Citi

Title: Financial Control – Expense Controller

Location: New York, NY

Description: Financial Control is responsible for a variety of activities related to the firm’s financial reporting and controls. The team is divided into different areas of specialization where each member is responsible for a unique set of responsibilities that include both analytical and accounting roles.

Responsibilities: This position will assist in all aspects of expense management and legal vehicle reporting within the Citi Capital Advisors (CCA) Financial Control unit; The primary responsibility will be to drive the core expense management processes and assist the CCA Finance management team to create a best-in-class robust and controlled financial reporting process for both management and legal books. These responsibilities will be centered around budgeting, forecasting and reporting actual results for all operating expenses and headcount; The candidate will have significant input to streamline all aspects of the expense reporting processes.

Qualifications: Bachelor’s degree in Finance or Accounting degree required; 6 to 10 years of experience in financial control or related function required.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Visa Needs a Controller of Business Operations

Visa is looking for an experienced professional to join its Business Operations Group.

The position requires a candidate to have experience with Oracle GL, advanced Excel skills, a CPA and an MBA is preferable.

Check out more details for this position, located in Foster City, CA after the jump.


Company: Visa

Title: Business Leader – Controller of Business Operations

Location: Foster City, CA

Responsibilities: Lead a team within Controller Business Operations who will provide comprehensive controller support to the CIO organization; Successfully translate emerging technology strategies, business relationships and initiatives into controller and financial statement impacts. Align through Finance and other key stakeholders for efficient application of Visa’s accounting policies; Continue to improve the communication, controls, tools, and framework used for assessment and communication of financial impacts of software development projects and the efficiency and effectiveness of recording the impacts of “in progress” software development projects as part of the monthly Ensure accurate accounting for acquisitions and disposals of facilities, technology and software assets, including assessment and documentation accounting impacts of large and complex multi-year software contracts; This includes fostering ongoing interaction with global sourcing and accounts payable to ensure timely, seamless and automated information transfer from these teams and systems to Controller Business Operations and Oracle fixed assets; Build and maintain ongoing and regular communication with CIO leadership and finance business partners to ensure that controllership is aware of emerging business decisions/ developments to ensure seamless support to the business;

Qualifications: Bachelor’s degree in Accounting or Finance with 10+ years of progressive experience at a publicly held global company; In-depth knowledge and recent experience with application of SOP 98-1; CPA required, MBA preferred.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Wescott Financial Advisory Group Needs a Senior Accountant

Wescott Financial Advisory Group is a growing Philadelphia based financial advisory firm that is looking for a senior accountant to join their accounting team.

This job requires 4 years experience with QuickBooks familiarity and a CPA license is preferred.

Check out more details for this position, located in Philadelphia, after the jump.


Company: Wescott Financial Advisory Group

Title: Senior Accountant

Compensation: $55,000 – $65,000

Location: Philadelphia, PA

Responsibilities: Evaluating, improving and maintaining the accuracy and integrity of all financial databases and reporting systems; Providing accurate and timely financial reports; Developing an annual budget; Working on special financial analysis, forecasting and business modeling projects as assigned; Provide system-wide testing assistance to Wescott’s Chief Compliance Officer and, along with other members of the Wescott team, identify, recommend and implement improvements to Wescott’s financial reporting practices, processes and systems.

Qualifications: 4-year degree with a emphasis on accounting or finance; Minimum of 4 year’s general accounting experience, Familiarity with Quickbooks and advanced Microsoft Excel spreadsheet construction and financial analysis skills; Financial Services experience in a multi-business unit/ regional operation and a CPA are a strong plus.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Computer Sciences Corporation Needs a Tax Manager

Computer Sciences Corporation is searching for a tax professional to join their corporate tax department for the purposes of managing their tax compliance and planning functions.

This job requires supervisory and management experience. Big 4 experience is a plus.

Check out more details for this position, located in Falls Church, VA, after the jump.


Company: Computer Sciences Corporation

Title: Senior Manager – Federal Tax

Location: Falls Church, VA

Description: This position directs and controls the activities of one or more functional areas, divisions, product groups or service areas.

Responsibilities: Manages tax planning and compliance function, including the preparation of Federal corporate and partnership returns; Manages the tax budgeting and forecasting process, including the preparation of estimated payments; Assist with IRS audit defense (fact gathering, tax law analysis and positioning); Research and draft tax position papers for FIN 48 and Sarbox documentation requirements; Coordinate with Legal and Business Development on due diligence for mergers and acquisitions; Develop and maintain critical relationships between Tax, Controllers, Treasury, Legal, and Business Units to ensure Tax has a well-informed view of the business operations; Coordinate closely with Tax Accounting and Reporting team to ensure timely and accurate preparation of quarterly and annual tax provision and related disclosures; Coordinate closely with International Tax function to ensure timely and proper pickup of international results in consolidated returns; Coordinate and assist State Tax function with their planning and compliance objectives; Mentor and coach Managers and Senior tax accountants in department.

Basic Qualifications: Master’s degree in accounting, finance or related field preferred; Twelve or more years of tax accounting or finance experience; Nine or more years of supervisory or management experience included; CPA preferred; Big Four experience a plus; Experience working with tax laws and procedures; Experience working with tax forms and processing; Experience working with accounting principles and accounting software and databases; Experience working with auditing and generally accepted accounting principles; Familiarity with SAP, Hyperion and CorpTax a plus.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Morgan Stanley Needs an Infrastructure Controller

Morgan Stanley is looking for someone to join their Private Equity Finance Division to handle financial reporting, tax support and business analysis for its Fund Infrastructure complex.

The position requires seven to nine years experience and a CPA license.

Get more details on this position in New York after the jump.


Company: Morgan Stanley

Title: Infrastructure Controller – Vice President

Location: New York, NY

Description: Morgan Stanley is looking for a Fund Controller for Private Equity Finance Division to provide accounting and financial reporting, tax support and business analyses for a multi -billion dollar fund. The open position is a Vice President for the Firm’s Infrastructure Fund complex and related feeder funds

Responsibilities: Review of GAAP basis accounting closings for the Partnerships, including maintenance of books and records, valuation of publicly traded and non-public investment portfolios and cash and brokerage records; Review of quarterly GAAP basis financial statements for the Partnerships, cash flow statements, schedules of investments and footnotes; Review of quarterly reports for partners, including detail roll forward analyses of Partner Capital Accounts (PCAAs) and ad hoc investor requests; Identify and resolve partnership legal, tax and accounting issues subject to investment company accounting guidance. Work with the Partnerships’ auditors to issue year end audited financial statements; Review of accounting and reporting for the Partnerships’ general partners and leveraged co-investment vehicles which are owned by the Firm and Partnerships’ Management personnel; Review of capital calls, management fees, expense analyses, investment purchases and sales and distributions; Communicate, coordinate and work with Partnerships’ Management and the Firm’s finance, administration and operations areas (such as Investor Relations, Treasury, Tax, and Legal); Ensure proper guardianship controls over partnership assets and compliance with procedures documented as required by Sarbanes Oxley; Identify opportunities to use technology to enhance accounting, reporting and operating processes; Assist with the operations of portfolio holding companies.

Qualifications: 7-9 years of accounting experience including financial statement preparation experience and prior experience in Private Equity and/or Hedge Fund area; CPA required

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Global Partnership Schools Needs a Controller

Global Partnership Schools is looking for a controller to oversee the the financial reporting system and supervise the accounting staff.

This position requires 5 to 7 years experience and CPA or CMA license.

Check out the details for this position, located in New York, after the jump.


Company: Global Partnership Schools

Title: Controller

Location: New York, NY

Experience Required: 5 – 7 years

Description: To develop, maintain and oversee Global Partnership Schools and its associated entities’ financial systems while assisting CFO in all areas of financial management and company operations.

Responsibilities: Design and develop financial accounting systems; prepare budgets; supervise accounting processes; review and analyze financial reports. Coordinate with external auditors and tax consultants; Design, monitor and implement financial systems, policies and procedures; Meet finance operational standards by contributing information to strategic financial plans and reviews; implement production, productivity, quality, and customer-service standards; resolve problems and identify system improvements; Supervise accounting staff and carry out responsibilities in accordance with Global Partnership School’s policies and procedures and applicable state and federal laws; Accomplish accounting requirements by designing and maintaining accounting processes: including journal entries and general ledger, billing, collections, accounts payable, accounts receivable and purchase orders; supervise bank reconciliations and closing processes; Support annual budget processes; develop and maintain forecasts and models; ensure compliance with Generally Accepted Accounting Practices and cash management; Perform budget vs. actual analysis for Global Partnership Schools on a monthly basis; Prepare monthly financial accounts vs. profit and loss statement, balance sheet, and cash flows for management reporting; Manage payroll process by analyzing, preparing and inputting payroll data using automated system; ensure compliance with all applicable state and federal wage and hour laws; Coordinate with external auditors and tax consultants; prepare and file basic tax returns; Oversee projects as assigned by CFO.

Qualifications: 5-7 years of experience in Financial Management, preferably in an educational setting; CPA/CMA strongly desired; Accounting, cost accounting, financial planning and strategy, financial skills, financial software, analyzing information, implementation of Microsoft Dynamics and exceptional written and oral communication skills. Educational experience strongly desired.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Three Things to Remember When Changing Accounting Careers

Happy Friday, folks. Hopefully with busy season ending soon, this marks the end of your work week. If not, well, keep reading. Maybe we can change that.

As I mentioned on Tuesday, you might be feeling the tides of change in the next few weeks in your office, whether that be with your personal career or with co-workers dressing better than usual.


It’s about the total package – Even in the glory days of post-SOX rulings and lush amounts of advisory services work, public accounting has never paid close to what the private sector provides. When looking for new positions, know that you should not be expecting to find 50%-100% salary increases. It can be expected to find base salary increases to fall into the 10-15% range. Why? Because honestly, the stories told over warms beers at your last work function were grossly overblown. Sure, the occasional rock star accountant makes the leap from newly christened manager to controller of a small fund and landing on a cushy financial pillow. The monetary difference between public and private (and I’m speaking of financial services) rests in the annual bonuses:

Senior Associate, Big 4: $70,000 salary + $5,000 bonus = $75,000

Fund Accountant, XYZ Hedge fund: $80,000 salary + $30,000 bonus = a no brainer

These numbers are general but realistic for today’s market. Keep these in mind as you reach for that red wax pencil.

Be realistic about your next job title – You’re an accountant. No, you can’t be a trader. No, front office is not for you (yet). You need to be honest with yourself and really scrutinize the experience you’re building in your current role. Working on a private equity fund-to-fund will not prep you enough to slip into a fund accounting role at the P/E firm of your choice. Mold your career experiences to fit what you want to do. The right recruiter will manage your expectations, which leads us to…

Start out with multiple recruiters – Finding the right recruiter is like finding a career counselor. Some will be pushy and force unwanted jobs on you. Others will take the time to polish your resume, help you realize the steps you need to take to work toward your ideal job, and only pass along relevant job opportunities. Consider a recruiter like this a blessing. And don’t forget to pass that person’s contact information on to your buddies. They helped you; return the favor.

Job of the Day: Fannie Mae Needs a Senior Accountant

Fannie Mae needs an experienced accountant that will perform day-to-day accounting operations for Fannie Mae’s investments in Low Income Housing Tax Credit & CI partnerships, including the impacts of consolidating those assets.

The position requires a four to six years experience and a CPA license.

Get more details on the position, located in Washington, DC after the jump.


Company: Fannie Mae

Title: General Accountant, Partnership Accounting

Location: Washington, D.C.

Experience Required: 4 – 6 years

Description: Apply comprehensive knowledge of accounting principles, concepts, practices, and standards in performing complex duties related to preparing and analyzing financial information to record transactions, prepare reports, and review and verify accuracy. Work with consultants, auditors, and others to analyze and provide information on operational, reporting, or system impact related to policy changes and new products. Contribute to special projects. May train staff.

Responsibilities: Compile, review, analyze, and record financial information to the general ledger. Complete monthly closings; Prepare balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports; Prepare daily, weekly, and monthly reconciliations to ensure general ledger account information is accurate, consistent, traceable, and auditable; Execute and manage timely, accurate transactions; Identify control weaknesses, communicate to management, and participate in making remedial changes to tighten and enhance controls; Provide requested information to auditors, consultants, and others on significant matters requiring coordination; May design, modify, install, and/or maintain accounting systems to ensure adequate recognition of financial transactions; May perform moderately complex accounting projects or participate as a team member on highly complex projects; Understand and analyze partnership financial statements and Schedule K-1s.

Qualifications: Bachelor’s Degree or Equivalent; CPA; 4-6 years or equivalent experience.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: VP, Finance Activities Credit Review & Audit at BNP Paribas

BNP Paribas is looking for someone to join their North America Audit Group as a VP for Finance Activities Credit Review & Audit.

An ideal candidate will have a blend of both credit review and audit experience.

The position requires a minimum of five years experience, MBA, CPA or CFA is required and French language skills are a plus. Some travel is required to offices in San Francisco, Chicago, and Dallas/Houston.

Get more details on the position, located in New York, after the jump.


Company: BNP Paribas

Title: VP, Finance Activities Credit Review & Audit

Location: New York

Experience Required: 5 – 10 years

Description: BNP Paribas is seeking a candidate for a VP position in its North America Audit Group as a member of the credit review team to perform credit reviews and traditional audit aspects of these reviews.

Responsibilities: responsible for the audit and credit review coverage of all banking groups and related support areas including: Corporate Banking, Energy & Commodities, Media & Telecom, Merchant Banking, Asset Securitization, Security Industry, Portfolio Management and Risk Management.

Qualifications: Bachelor’s degree in Accounting or Finance; MBA, CPA (or equivalent), or CFA required; 5 – 10 years financial services work experience; Credit analysis skills with a solid understanding of the credit process and controls; French language skills a plus but not required

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Global Wealth Manager Needs a Head of Financial Control

Ashton Lane Group has a global wealth manager client in need of a Head of Financial Control who can implement and maintain existing and new control frameworks.

Candidates should have a minimum of seven years experience and a CPA license. Knowledge of SAP is a plus.

Get more details on the position, located in New York, after the jump.


Recruiter: Ashton Lane Group

Title: VP Head of Financial Control

Location: New York

Minimum Experience: 7 years

Description: Build and lead the financial control team within a global wealth manager.

Responsibilities: Lead a team of up to five entity controllers; Responsible for the monthly general ledger control and account reconciliation processes, ensuring that a robust control framework is embedded and maintained; Represent team at monthly Letter of Representation meetings and escalate any material issues; Review existing end to end revenue processes and implement new controls as the business expands; Support the launch of a new Trust entity and set up the control framework and associated regulatory and statutory reporting;

Qualifications: 7+ years financial control experience within financial services; Understanding of Capital Management principles; Experience of finance process design and implementation; Knowledge and experience of SAP an advantage; Bachelors’ degree or equivalent. CPA/CA preferred.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Citi Needs a Planning & Analysis Manager

Citi needs an experienced accounting professional to join its Citi Capital Advisors Financial Control unit. This position will be responsible for maintaining and improving financial reporting processes for the unit’s management team.

Candidates should have a minimum of six years experience and a CPA license.

Get more details on the position, located in New York, after the jump.


Company: Citi

Title: P&A Manager

Location: New York

Description: Financial Control is responsible for a variety of activities related to the firm’s financial reporting and controls. The team is divided into different areas of specialization where each member is responsible for a unique set of responsibilities that include both analytical and accounting roles. This position will assist in the management reporting and legal vehicle reporting within the Citi Capital Advisors (CCA) Financial Control unit.

Responsibilities: The primary responsibility will be to drive the core processes and assist the CCA Finance management team to have a robust and controlled financial reporting process for both management and legal books. This will include the estimate process, regulatory reporting for corporate and external purposes and monthly deliverables to both the CCA business and Citigroup Corporate Reporting. Additionally, this role will be responsible for leading the entire CCA finance division (controller and planning and analysis departments) in the 2010 rated audit, as well as the ongoing quarterly monitoring performed by internal and external audit teams.

Qualifications: Bachelor’s degree in Finance or Accounting degree required; CPA a requirement; 6 to 10 years of experience in financial control or related function required;

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

The Job Outlook Is Good for Accountants…But More Competitive

With one major deadline passed and two more coming up next week, some of you might be thinking about your employment options. It’s a common occurrence post-busy season to reflect on the past three-ish months, contact a recruiter and explore your options.

idea of what kinds of jobs might be attracting accountants in the year ahead so we got in touch with recruiter Adam Klitzke, Managing Partner of Emerson Search, LLC in Denver, Colorado.

Adam told us that he thinks that “2010 and…2011 are years where there is a “hot” background or skill set,” as opposed to a hot position (e.g. financial reporting, IFRS, or technical accounting). “[D]uring the previous 3 months, we haven’t seen the same job come up twice, but we have seen clients targeting the same type of candidate.“


So what does a hot “background or skill set” look like? Adam shared four primary characteristics that recruiters are currently looking for:

• 4-7 years of experience, the majority of which has been spent at a Big 4 firm.

• Experience with clients that comply with SEC regulation.

• Has experience supervising staff.

• Has obtained their CPA license.

“These candidates are not having any trouble landing interviews,” Adam told us. He added that in terms of your competition, there are far more bodies jockeying for a position, “in the current market we are seeing 5-10 candidates like this [with the ideal skill set] competing for the same job, whereas 3 years ago, a client would be lucky to see 2 candidates with this background.”

What if you don’t have the ideal skill set? Don’t worry, it’s not hopeless, “a second tier would look like someone with non-Big 4 public accounting experience coupled with industry experience (with a mid to large size public company – $200M+), supervisory experience, and a CPA license or an MBA,” Adam said.

Naturally, if your current background is lacking in these , it will be more difficult for a recruiter to help you land some interviews. Adam told us that while there are jobs out there for people with backgrounds that don’t fit the model above, those candidates typically find jobs without the services of a recruiter. If you’ve got bigger plans for yourself than that, it will be worth your time to pursue some or all of the points above.

The good news for those of you looking to make a move now is that you can expect to do well in terms of salary. As Adam told us, “Salary negotiations will be firm, but fair. Candidates will be able to negotiate an increase in pay and do NOT need to take a pay cut.”

Finally, another development he has seen has to do with the morale, “employee morale seems to be quite low and neither department heads or human resources are doing anything to combat that.” So, if you’re meeting with a recruiter it pays to be honest why your old employer didn’t give make you feel so good about yourself, “clients have asked us for ideas on how to improve morale and we have been able to help them as there are things a company can do other than increase salary to improve [that].”

Bottom line is that whatever your situation, it pays to be honest with recruiters about exactly what you are looking for. If you don’t like what you’re hearing from them, be honest and don’t settle for a position that you’re definitely not interested in pursuing. It may be a more competitive market but if you’ve got a strong background, you’ll have options.

Job of the Day: Morgan Stanley Needs a Merchant Banking Accounting VP

Morgan Stanley is looking for someone to join their Merchant Banking Accounting and Control Group to handle day-to-day operations and managing the processing and the financial reporting of several products including real estate, private equity and infrastructure.

The position requires three to five years experience. Get more details on this position in New York after the jump.


Company: Morgan Stanley

Title: Merchant Banking Accounting VP

Location: New York, NY

Description: This position within the Merchant Banking Accounting and Control Group includes responsibilities of handling the day-to-day operations and managing the process and deliverables involved in consolidated accounting and reporting of the various Merchant Banking products (Real Estate, Private Equity, Infrastructure, and other private placements) as related to Morgan Stanley’s interest, both as a General Partner and Limited Partner, in each of the underlying funds.

Responsibilities: Ongoing support to and liaison with the Business Unit/Senior Management/Corporate / External Reporting/Segment Group/Fund Controllers/Various Other Internal Divisions: Responsible for monthly close process (Firm’s books); Involvement in new product developments and meetings; Involvement in accounting policy development and implementation; Other areas of exposure include Maintaining the general ledger and Marking to market the Morgan Stanley LP and GP interests in various Merchant Banking funds, Various Disclosures Requirements (FIN 45, FN 46R, FAS 157, FAS 157 g, FAS 159, FAS 160, FAS 161, etc.), SOX /404 documentation, Balance Sheet Review & Reporting, Legal Entity Reporting, Process Control, Transfer Pricing, PBT Analysis, Expense Analysis & Billing, Due Diligence, Senior Management Reporting, Cost of Capital, and others

Qualifications: 3-5 years experience; Bachelors Degree in Accounting or Finance; Strong Accounting Skills

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Thomson Reuters Needs a Finance Manager

Thomson Reuters needs a highly motivated and proactive with a strong bias toward action for a Finance Manager position. Responsibilities include contribute to the Company’s Operating Committee review and the quarterly financial reviews for presentation to senior management.

The position requires a minimum of seven years experience and a CPA and/or MBA.

Get more details on this position in New York after the jump.


Company: Thomson Reuters

Title: Finance Manager

Location: New York, NY

Description: The Finance Manager role will provide decision support at the TRM level helping to ensure that the business has full visibility into its financial performance so that it is able to achieve both its short term revenue and OI targets as well as the longer term strategic growth. The regular output will be to contribute to the Operating Committee review and the Qtly Financial reviews these reviews will then drive the ad hoc analysis required by senior management.

Responsibilities: Preparation of the Operating Committee review/Qtly finance review; both data preparation (requires financial systems & excel proficiency) and comprehension & analysis to explain underlying variances, trends and themes for presentation to management; other ad hoc analysis (e.g. deep dive into revenue by type/region driven by the financial results or competitive market factors); develop analyses to help understand key business drivers (e.g.profitability/resource allocation & the presentation of findings via Powerpoint); identification of financial process improvement initiatives; liaison with key members of the finance organization – SBU /functional areas & FPA/Controllership function for data validation

Qualifications: Undergraduate degree in finance, or accounting is preferred and CPA and/or MBA is a plus; proficiency in Excel and Powerpoint; experience of complex issues and able to exercise judgment in evaluating criteria and making decisions; prior management experience desirable; minimum 7 years commercial experience; working knowledge of the Financial Services & Information Solutions industry

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Duff & Phelps Needs a Staff Accountant

Duff & Phelps is looking for a staff accountant that has at least three years experience and is a CPA or a CPA candidate with Sarbanes-Oxley experience preferred.

Get more details on this position in Morristown, NJ after the jump.


Recruiter: Duff & Phelps

Title: Staff Accountant

Location: Morristown, NJ

Description: This Staff Accountant position reports directly to the Assistant Controller in the Accounting / Finance Organization in Morristown, New Jersey.

Responsibilities: Process data using various computer applications; prepare balance sheet account reconciliations; prepare journal entries; assist with various information requests from management; assist with the preparation of analytic packages

Qualifications: BS in Accounting; minimum three years of experience in finance or accounting role; CPA certification or currently in pursuit of the CPA certification; knowledge of Lawson Financials applications; knowledge of Business Objects; knowledge of Sarbanes-Oxley.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Dell Needs an Audit Consultant

The description, qualifications and desired experience all sound familiar for an internal audit position but we’ll refrain from coming right out and calling it that.

Dell needs someone for this position that has at least four years of audit experience with CPA, CMA, CIA and APICS all highly desirable.

Get more details on this position in Austin, TX after the jump.


Recruiter: Dell

Title: Audit Consultant

Location: Austin, TX

Minimum experience
: 4 years

Description: The consultant candidate will responsible for executing audit scopes formulated to evaluate the effectiveness, efficiency and sustainability of activities/economic drivers that create enterprise market value. Specifically the consultant will test whether an Risk Management framework exists and is functioning effectively for each selected auditable entity.

Responsibilities: Audit against a set of defined control objectives; meet project schedules; interview appropriate personnel and document results; perform appropriate testing; understand root causes, risks and opportunities of individual areas; synthesize ideas within the project team; write portions of published reports; track the status of action items; perform evaluations relative to management assertions based on accounting information arising from business activities; utilize independent judgment and initiative in the recognition and resolution of problems and discrepancies; provide guidance to the Business on matters pertaining to internal controls and process improvements; carry out ad-hoc investigations

Qualifications: A bachelor’s degree is required, MBA is a plus; four+ years of finance experience with a combination of the following would be preferred: Project management; Business controls; Audit experience
CPA, CMA, CIA and APICS certifications are all desirable; Language skills are a plus

See the entire description over at the GC Career Center and visit the main page for all your job search needs.