Associate Principal, Finance

Summary

This role contributes to the Finance team with a focus on corporate financial planning and analysis. This individual supports OCC’s purpose of ensuring confidence in the financial markets and the broader economy by supporting the annual budget process, analyzing month-end close variances, and producing monthly forecasts at both a management and business unit level. In addition, this individual plays a crucial role in maintaining the Finance team’s internal policies and procedures, supporting internal and external audits, and testing internal controls.

Responsibilities

• Lead finance support for operational projects and facilitate project proposals evaluation, periodic reporting, variance analysis and post implementation benefit analysis
• Assist in the execution of the company’s annual budget and monthly forecasting processes, including partnering with department management to set timelines and incorporate business unit feedback
• Work with and provide finance decision support to business leaders
• Compare and analyze budget against actual and forecasted results
• Assist in the development and ongoing maintenance of the going concern modelof various financial models
• Analyze financial performance against key business metrics
• Develop and produce monthly departmental financial performance reports
• Lead the analysis of all procurement requests
• Work closely with department management on the development of senior management reporting (dashboard, KPI’s)
• Assist with month/year end close
• Assist with counterparty monitoring
• Support regulatory reporting obligations
• Support internal and external audit requests
• Develop and maintain written policies and procedures applicable to the Finance Department
• Perform ad-hoc analysis as requested

Supervisory Responsibilities

• None

Qualifications & Experience

• [Required] Experience at working both independently and in a team-oriented, collaborative environment
• [Required] Understanding of discounted cash flow analysis using IRR, NPV and payback
• [Required] Working knowledge of project based accounting systems
• [Required] Demonstrate creativity with the ability to come up with new ideas/processes
• [Required] Excellent written, oral communication and interpersonal skills
• [Required] Ability to meet deadlines, prioritize and delegate duties
• [Preferred] Prior regulatory/SEC work environment experience
• [Required] Solid understanding of basic finance and accounting principles

Technical Skills & Background

• [Required] Proficient with Microsoft Office
• [Required] Advanced/expert skills in Excel
• [Required] Accounting software applications and report writers (Oracle, PBCS)

Certifications

• [Preferred] Certified Public Accountant or CMA

Education & Training

• [Required] Bachelor’s degree in Finance, Accounting, or Economics
• [Required] 6+ years in an analytical role in corporate finance or management consulting with specific focus on financial planning and analysis
• [Preferred] MBA Preferred

Who We Are

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

What We Offer

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

A hybrid work environment, up to 2 days per week of remote work

Tuition Reimbursement to support your continued education

Student Loan Repayment Assistance

Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely

Generous PTO and Parental leave

Competitive health benefits including medical, dental and vision