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 Company Accountant will be an integral member of SFIG staff, with responsibility for all accounting and finance-related functions. The Company Accountant will oversee the accounting operations of SFIG, SFIG Foundation and SF Coalition. He/She will be accountable for providing timely and accurate processing of all day-to-day revenue and expenses. Additionally, he/she will be required to manage the monthly and annual financial reporting and tax compliance functions. He/She will liaison with the external audit team assist in preparing financial statements and tax filings. The Company Accountant will also be required to manage budgets and strategic forecasting activities.
SFIG will be expanding its in house event management by taking on sole organizing responsibility for all SFIG conferences in 2019. The Company Accountant will be charged with integrating all finance aspects of the conference business model into the current company operations.
Serving as a key member under the administrative team, the Company Accountant will work closely with the firm’s Executive Director, SFIG staff and the firm’s external auditors. Therefore, he/she must possess strong interpersonal communication skills both written and verbal.
- Preparing accurate and timely quarterly management accounts and forecasts for presentation to the Board of Directors;
- Preparing projected financial statements;
- Managing and preparing financial information to facilitate budget preparation and planning;
- Serving as liaison with external accountants in regards to the annual audit and tax preparation;
- Assisting in the development and implementation of bringing event management in-house;
- Reconciling bank statements and credit card statements;
- Preparing eliminating entries and consolidated financial statements, including tracking and invoicing intercompany receivables and payables;
- Managing monthly membership reconciliation, accruals, and reclassification of revenues;
- Performing federal and state annual filings for all entities, to include Delaware, New York, and other relevant states;
- Sending 1099-Misc tax reports to relevant vendors;
- Developing procedures around new initiatives as they arise;
- Training and subsequently supervising the work of the Accounting Assistant (including, but not limited to, preparation of invoices and past due statements, management of the fixed assets register, reconciliation of third-party payroll accounts, accounts payable transactions, routine journal entries, and processing credit card transactions).
As a representative of the premier securitization trade organization, the successful candidate is expected to have strong communication, writing and mathematical skills, along with a keen attention to detail. The candidate will demonstrate initiative, independence, leadership, and will be forward-thinking and autonomous 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 preferred.
- Strong computer skills – Quickbooks and MS Office Suite required
- Strong multi-tasking, organizational skills, and the ability to prioritize in a dynamic environment
- Previous supervisor experience
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.