Positions SpecificationsJob Function: Other
Company: Structured Finance Industry Group
Company Website: www.sfindustry.org
Position Location: Washington, D.C.
Job Description:General Overview
Structured Finance Industry Group, Inc. (“SFIG”) is a member-based, trade industry advocacy group focused on improving and strengthening the broader structured finance and securitization market. SFIG provides an inclusive network for securitization professionals to collaborate and, as industry leaders, drive necessary changes, be an advocate for the securitization community, share best practices and innovative ideas, and educate industry members through conferences and other programs. Members of SFIG represent all sectors of the securitization market including issuers, investors, financial intermediaries, law firms, accounting firms, technology firms, rating agencies, servicers, and trustees. Further information can be found nd at www.sfindustry.org.
Formed in March 2013, our institutional membership totals approximately 350 members, represented by a Board of Directors totaling 40 members selected from all membership constituencies. Additional leadership is provided by an executive committee, including Officers of the Board of Directors, select Board members and the Executive Director.
While the Membership of SFIG is geographically diverse, with a concentration in New York, the operational headquarters are based in Washington, D.C. – close to the majority of SFIG’s regulatory and legislative audiences.
SFIG’s culture is one of broad inclusion. SFIG prides itself in ensuring that it represents all aspects of the structured finance industry and extensive governance exists to ensure strict adherence to this principle.
To facilitate broad inclusion of its Membership, SFIG encourages its Members to assume an active role in SFIG advocacy efforts by joining member committees and task forces, which are designed to cover a wide variety of topics relevant to the securitization industry. Members drive the agenda of the organization.
The Accountant will be an integral member of SFIG staff, providing support to SFIG, SFIG Foundation, and Structured Finance Coalition (SFIG’s grassroots advocacy platform). The Accountant will work to provide timely and accurate processing of all day to day revenue and expenses. Additionally, the Accountant will support the monthly and annual financial reporting and tax compliance functions working as a key member of the Administrative team and with our SFIG staff across all initiatives.
- Preparation of quarterly management accounts and forecasts for presentation to the Board of Directors;
- Preparation of balance sheet, profit and loss, cash flow forecasts, and maintaining accurate forecasting information;
- Assisting outside external accountants with annual audit and tax preparation;
- Providing financial information as needed to the executive director and other staff members to facilitate budget preparation and planning ;
- Entering routine transactions on monthly basis ;
- Building and maintaining the fixed assets register and calculation of depreciation;
- Reconciliations of bank statements and credit card statements;
- Tracking intercompany receivables and payables;
- Manages monthly membership reconciliation, accruals, and reclassification of revenues;
- Creates invoices and prepares past due statements;
- Performs remote deposits and payment reconciliations;
- Process credit card payment;
- Performs federal and state annual filings for all entities, to include Delaware, New York, and other relevant states;
- Sends 1099-Misc tax reports to relevant vendors
- Maintains and organizes historical records, vendor files electronically
- Providing advice and support on new initiatives.
As a representative of the premier securitization trade organization, the successful candidate should be expected to have strong communication, writing and numerical skills, with keen attention to detail. The candidate will demonstrate initiative, independence and autonomy in addressing the organization’s business needs. Additionally, he/she will use critical thinking and good judgment to make decisions and ensure follow up actions are taken.
Qualifications and RequirementsProfessional & Educational Requirements
- 3-5 years of experience in a public accounting firm. Non-profit accounting experience preferred. CPA License required.
- Strong computer skills – Quickbooks and MS Office Suite required
- Strong multi-tasking, organizational skills, and the ability to prioritize in a dynamic environment
An undergraduate degree is required.
Remuneration and Benefits
We offer attractive, competitive compensation and benefits including, medical, dental, vision, life, Short-Term Disability, paid vacation and 401k.