Senior Accountant

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a multifaceted and encouraging team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We’re committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a growing internal community and are committed to crafting a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and an attractive bonus.
• Comprehensive health and life insurance and well-being benefits, based on location.
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The impact you will have in this role:

The Legal Entity Senior Accountant is responsible for various entities, which entails:

• Prepare internal (balance sheets, P&Ls, ad-hoc reports) and external financial statements (SEC/FCA/OSC filed reports) 
• Prepare fluctuation analysis of balance sheets and income statements.
• Prepare and/or review account reconciliations for balance sheet accounts impacting assigned legal entities and processes.
• Assist reconciliation center of excellence with resolution of open reconciling items.
• Prepare and post journal entries related to respective legal entities (transfer pricing, revenue accruals, LE accruals, etc.)
• Assist external auditors with year-end audits.
• Other duties as assigned from time to time.

Your Primary Responsibilities:

• Completes month-end close activities across our multi-currency, multi-entity, and jurisdictional environment such as preparing and/or posting journal entries to accounts (transfer pricing, revenue accruals, LE accruals, etc.), maintaining general ledger, and review of trial balances.
• Prepare fluctuation analysis of balance sheets and income statements for assigned legal entities.
• Prepare and/or review account reconciliations for balance sheet accounts impacting assigned legal entities and processes.
• Assist reconciliation center of excellence with resolution of open reconciling items.
• Prepare internal (balance sheets, P&Ls, ad-hoc reports) and external financial statements (SEC/FCA/OSC filed reports)
• Assist external auditors with year-end audits.
• Actively participate in DTCC-wide projects, such as reporting systems upgrades and operational improvements.
• Identify control gaps and work with line Manager to devise resolution for risk and control process documents.
• Establish, maintain, report, and continually improve performance against a set of effectiveness and efficiency benchmarks.
• Work and communicate with the various departments i.e. Accounts Payable, Payroll/HR, Billing, Collections, Treasury and General ledger Reconciliation teams in order to ensure a smooth month end close
• Other duties as assigned from time to time.
• Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk; advances appropriately.

Additional Qualifications

• Minimum of 4 years of related experience
• Bachelor's degree preferred or equivalent experience.
• Intense attention to detail
• Fondness towards fixing broken processes and unafraid to challenge the norm.
• High problem solving and analytical skills, ability to connect the dots.
• Good understanding of Generally Accepted Accounting Principles (U.S. GAAP) and IFRS
• 4-7 years of progressive financial reporting and accounting experience, in financial services industry or with a major public accounting firm

 

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation

DTCC safeguards the financial markets and helps them run effi