Senior Director, Regulatory Accounting and Reporting
Job Description
At Forge (NYSE: FRGE), we know our team is our greatest asset. As technology innovators in the private market, our vision is to deliver a richer future for everyone. We live that vision through our values of being bold, humble and accountable. We experience the value that our vision brings to the world every day, helping the teams behind the greatest innovations of our generation, from space travel to planet-saving, plant-based nutrition and more.
With liquidity solutions, exclusive data and insights, a custody offering, and a vibrant marketplace, Forge’s goal is to build the best-in-class technology infrastructure to power a global private market that is transparent, accessible and seamless for companies, their employees and investors. Through Forge, employees can sell their private shares, employers can reward shareholders with pre-IPO liquidity and individual and institutional investors can participate in private unicorn growth.
Forge's differentiated global marketplace addresses rising demand among individual and institutional investors for exposure to private company stocks and it is building a growing network effect with defensible competitive advantages. The Forge marketplace has over 440,000 registered users and private shares have traded in more than 500 companies since inception, representing over $12 billion in volume across over 21,000+ transactions.
Our ability to offer these powerful financial solutions has generated incredible interest from investors, demand from customers, and a need to grow our team to meet the needs of more companies, teams and innovators in this way.
The Role:
The position reports to Forge Securities LLC FINOP and is responsible for supervising the preparation of and reviewing the broker/dealer month end close and regulatory filings, ensuring compliance with the requirements of SEC, FINRA and GAAP Rules.
Responsibilities:
- Oversee the department’s recurring production, analysis, and reporting functions
- Ensure the integrity of financial data and compliance with GAAP and maintain proper internal controls over regulatory and financial reporting
- Supervise the month end financial close process including reviewing month end balance sheet reconciliations and income statement analysis
- Supervise and review the Customer Reserve computation in compliance with Rule 15c3-3, Net Capital computation in compliance with SEC Rule 15c3-1, Focus Report and supplemental reports in compliance with Rule 17a-5, ATS-R Report in compliance with SEC Rule ATS and supplemental SEC/FINRA filings and 10K and 10Q
- Supervise and review filings for other domestic and international regulators
- Support the annual audit and quarterly review with internal and external auditors as well as regulatory exams and other routine inquiries by regulatory agencies and supervise the production of information requested by these parties and respond appropriately to their questions or concerns
- Review proposed regulations and articulate the potential impacts to finance and business leadership
- Assess the accounting and regulatory reporting impact of new business ventures and implement systems and procedural changes to ensure proper reporting
- Recommend and implement process improvements to continually improve departmental productivity
- Support the broker/dealers SOX deliverables, working with process and control owners to meet quarterly and annual deadlines
- Supervise, mentor, hire and motivate staff
Qualifications:
- Bachelor’s degree in Accounting or Finance (CPA desired)
- Minimum of 10 years’ accounting and brokerage industry experience
- Series 99 required
- Series 27 desired; candidate will be required to obtain upon hiring
- Extensive knowledge of SEC and FINRA Rules, US GAAP, PCOAB and AICPA standards
- Ability to work and excel in an innovative, fast-paced environment
- Strong communication, leadership, and interpersonal skills to work effectively with internal stakeholders
- Collaborative team-player, with the ability to develop relationships with key stakeholders across the Forge organization
- Excellent analytical, negotiation and oral/written communication skills
- Ability to manage multiple projects simultaneously
- Ability to interact with a variety of management levels, including executive management
- Experience supervising professional-level employees
- Strong Excel and general PC skills
- Must be able to sit and/or stand for long periods of time in an office setting or in home office setting while working
Forge implements a mandatory COVID-19 Vaccination Policy, which applies to all employees. All employees covered by this policy are required to be fully vaccinated as a term and condition of employment at Forge. Employees are considered fully vaccinated two weeks after completing primary vaccination with a COVID-19 vaccine, with, if applicable, at least the minimum recommended interval between doses. Employees must provide truthful and accurate information about their COVID-19 vaccination status, and, if applicable, their testing results as of the first date of their employment.
Employees may request an exception from this mandatory vaccination policy if the vaccine is medically contraindicated for them or medical necessity requires a delay in vaccination. Employees also may be legally entitled to a reasonable accommodation if they cannot be vaccinated because of a disability, or if the provisions in this policy for vaccination conflict with a sincerely held religious belief, practice, or observance. All such requests will be handled in accordance with applicable laws and regulations.
Forge is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Date Posted
12/08/2022
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