SFS Senior Accounting Analyst

ABOUT SOTHEBY'S

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.

In addition, we offer Sotheby’s Financial Services (“SFS”), the only full-service art financing company. Sotheby’s Financial Services enables clients to unlock the liquidity in their fine art and collectible assets through technology and innovation. With the spirit of a fintech startup, the stability of a large established organization, and its position at the center of the art ecosystem, the SFS team unites around the goal of leading the future of art financial services.  We have a bold and exciting journey ahead, and we can't wait to make it happen together.

THE ROLE:

As a Senior Financial Analyst within the Sotheby’s Global Finance Team you will support the controllership function for Sotheby’s Financial Services.

The Senior Financial Analyst will prepare routine journal entries including processing of cash transactions, prepare bank and other balance sheet reconciliations, and contribute to the preparation of the balance sheet and P&L monthly, quarterly, and annual reporting.  Additionally, support the AVP, Assistant Controller to partner closely with department leaders. This role requires a strong understanding of expense accrual mechanics, financial analysis, and operational drivers within a lending business. The Senior Financial Analyst serves as both a finance business partner – helping teams understand their financial performance while maintaining the integrity of the monthly results.

The ideal candidate can think analytically, build narrative, and synthesize quantitative and qualitative findings. You are comfortable collaborating cross functionally.

RESPONSIBILITIES:

• Liaising within the SFS operations team and Global Finance for application of third-party cash and sale proceeds to client accounts, including movement of funds. Reconciliation and postings to bank accounts, client accounts, and related general ledger accounts
• Generate and process client billing invoices in accordance with contractual terms and financial standards. Partner with department leaders (e.g. Legal, Product and Tech, and Marketing) to review monthly spend, identify unrecorded expenses, and prepare accurate monthly accruals Apply intercompany principles to reconcile and resolve balances across entities.
• Responsibility for the preparation of monthly results, variance analysis and commentary in accordance with the agreed corporate timetable for senior management review
• Responsible for the account control and analysis of designated profit & loss and balance sheet accounts related to SFS
• Assist with consolidation of financial statement results, including forecasts and plans to support variance analysis and statement commentary in a timely manner
• Providing various ad-hoc analysis as required within Global Finance and SFS
• Contribute to process improvements in transaction processing, expense tracking, and automation
• Support audit activities by assisting with reporting preparation and helping ensure timely delivery of required documentation.

Skills / Competencies / Experience:

• Bachelor’s degree in accounting, finance or similar
• CPA candidate preferred
• Excellent communicator and team player
• Detail-oriented, highly organized, and able to meet deadlines in a fast-paced environment
• 3-4+ years of accounting or finance experience – ideally within financial services, lending or fintech
• Proficient in Microsoft Suite, including Excel
• Prior knowledge and experience in Cloud Lending, SAP, Salesforce.com, Smart View, and Tableau a plus.

The proposed base salary for this position ranges from $90,000-$110,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. 

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