Job Description
Expense Controller – Vice President
We are seeking a proactive and detail-oriented Vice President, Expense Controller to lead the oversight of non-compensation related expenses, with a strong emphasis on technology spend. This role is critical in ensuring accurate financial reporting through robust monthly accruals, detailed expense analysis, and strategic collaboration with cross-functional teams. The ideal candidate will bring deep expertise in accounting policy application, technology cost structures, and financial systems.
Responsibilities:
- Ensure accurate coding and allocation of expenses across departments, projects, and cost centers.
- Conduct monthly reviews of technology expenses to identify missed or under-accrued items and anomalies.
- Document monthly, quarterly, and annual variance explanations for senior management and finance leadership.
- Prepare and post monthly accruals for technology-related expenses and other non-compensation categories.
- Reviewing Technology contracts and purchase requisitions to ensure correct identification and coding of expenses, fixed asset capitalization, prepaid subscription amortization
- Enhance expense tracking and reporting tools using Excel, Power BI, or similar platforms.
- Recommend and implement process improvements to streamline accrual and analysis workflows.
- Contributing to accounting disclosures with relevant inputs
- Partner with Accounts Payable to ensure timely processing of technology invoices.
- Responsible for maintaining clear, detailed, and up-to-date documentation for all technology expense processes
- Lead, manage and oversee the responsibilities of direct reports and offshore partners
Qualifications:
- Proficiency in Excel; experience with PeopleSoft financial systems and data visualization tools (e.g., Power BI).
- Excellent analytical, organizational, and communication skills.
- Ability to work independently and manage multiple priorities
- Experience managing the responsibilities of team members
- Understanding of IT Spend Categories (e.g. software licenses, cloud services (e.g., AWS), hardware purchases, SaaS contracts, consulting fees, market data services, etc.).
- Bachelor’s degree in Accounting or Finance
- 7+ years of experience in expense control
Primary Location- Jersey City Full Time Salary Range of $120,000-$160,000.
About Us
Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full time employees, paid parental leave.
Job applicants must have valid United States work authorization. Applicants for this position are not eligible for employer H-1B visa sponsorship, now or in the future.
