Senior Financial Reporting Specialist

Senior Financial Reporting Specialist

Jane Street Group, LLC has openings for a Senior Financial Reporting Specialist in New York, NY.

The position duties are as follows:  Drive key components of the global accounting function at Jane Street. This includes analyzing and maintaining financial books and records to ensure their efficiency and compliance with GAAP principles or applicable foreign accounting standards and preparing and reviewing various accounting reconciliations and financial disclosures that support the preparation of the financial statements. Day-to-day job duties include:

• Support the accounting month-end close process in the US and globally, which includes the preparation of various accounting reconciliations and financial schedules that support the preparation of the financial statements, such as global cash reconciliation, investment rollforward, and global trading profit and loss calculation
• Serve as the primary liaison between Jane Street and external auditors for various interim and annual financial audits, reviews, and agreed-upon procedure engagements
• Work with developers to codify and test various P&L adjustment logic for automation, including creating standardized SQL query templates to empower user self-service
• Drive the revamp of the activity-based P&L process, which includes global trading profit and loss computation, classification, and reconciliation across existing and new trade flows
• Prepare comprehensive monthly financial analyses for various global trading and non-trading Jane Street entities, including the newly established Canadian broker-dealer entity, which entails balance sheet and income statement fluctuation reviews, monthly financial statements and supporting schedules to fulfill various reporting requirements
• Review, assign, and correct trade/transaction types for daily trade activities to ensure accurate P&L attribution and categorization
• Oversee the completion of monthly "book close" of the internal database, including collaborating closely with the reconciliation team and conducting pre-close checks on interest and dividend netting,  security type attribution, and security prices that feed into Profit and Loss computation
• Manage responses to key financial reporting surveys including the BE-185 and Business Enterprise R&D Surveys

Part-time telecommuting may be permitted with manager approval. 

The position requires 3 or 4 year Bachelor’s degree in Accounting, a related field, or foreign equivalent plus 3 years of experience as an accountant or similar role. Experience must include the following:

1. 1. 2 years of experience in a public accounting role including experience acting in a Senior capacity overseeing audit engagements and exposure to both US GAAP and IFRS
   2. 1 year of experience in a private accounting role in the broker-dealer or financial services industry
   3. 2 years of experience researching and interpreting accounting literature, and preparing technical accounting papers
   4. 1 year of experience preparing monthly financial statements in line with US GAAP as well as fluctuation review of a trading entity with principal trading activities in foreign futures, options, and related hedges
   5. 1 years of experience creating SQL query templates and basic command line to query databases for various ad-hoc analyses
   6. 1 year of experience with global consolidation of financial statements including preparing various accounting reconciliations, financial schedules, conducting global cash reconciliation, P&L categorization, trading reconciliation, investment rollforward, and global trading profit and loss calculations across global entities
   7. 1 year working with developers to perform P&L adjustments, codify and test computation and classification logic, and trade flows
   8. 1 year of experience with various trade flows (such as ETF creations, options exercises, futures expirations), and various industry-specific fees and transactions
   9. 1 year of experience in financial reporting and survey management, including exposure to various Bureau of Economic Analysis surveys and working collaboratively with cross-functional teams to gather and consolidate survey data

Ref. ZE1