Job Description
Accounting Policy advisor based in New York with responsibility for the execution of complex accounting matters, the implementation, and application of accounting policies, collaborating with and advising the front office and Finance management on significant transactions, and representing Controllers on key control initiatives and control committees.
- Reports to US Head of Accounting Policy
- Exposure to senior members of Jefferies, including the Chief Accounting Office and the Global Controller, and will interact with Jefferies Financial Reporting Group
Key Attributes
Candidate has a strong technical accounting background and experience within the financial services industry (minimum seven years overall experience). Ability to analyze and communicate complex, technical matters succinctly and in non-technical terms, both in person and in writing, is essential.
Practicality and consideration of overall organizational needs is a key skill set for operationalizing accounting considerations. Strong execution skills. Must have ability to work both independently and collaborate across Corporate functions to fulfill responsibilities in a dynamic environment.
Essential Job Functions
- Research technical accounting issues supporting multiple businesses throughout the firm. Topics include revenue recognition, consolidations, financial instruments, securitizations and equity method accounting.
- Preparation of technical accounting memos to document and support conclusion reached on accounting research.
- Assist in the implementation of new accounting standards.
- Interact with various functions across the finance department, such as Product and Corporate Controllers, Treasury and Risk Management, to communicate technical accounting conclusions and related financial statement impacts, and assistance in the development of processes to support the related accounting treatment.
- Preparation of certain elements of the financial statements and footnote disclosures, such as disclosures related to variable interest entities.
- Monitor new accounting developments and the potential impact to Jefferies.
- Coordinate with internal and external auditors
Requirements
- Minimum 5 years experience relevant experience
- Knowledge of GAAP
- Ability to analyze and assess technical accounting guidance
- Understating of financial statements and footnotes
- CPA required
- Financial services background a plus
Primary Location: New York, NY Full Time Salary Range of $165,000-$180,000.
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 accommodation 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.
