Product Accounting Controller

Our client is a financial technology company that operates a SaaS platform and B2B marketplace, helping global banks and financial institutions optimize their balance sheets and reduce regulatory risk.This position will own, lead, and shape the accounting function for a capital markets (CM) business. The role is responsible for the accounting and financial reporting of the firm's trading and capital markets activity including trade accounting, regulatory capital, and counterparty/collateral positions and for setting the strategic
direction of the systems and controls that support it. In this high-impact, high-visibility role, the Controller will engage closely with senior leadership and provide guidance on significant and technical accounting matters specific to capital markets products. The ideal candidate is an experienced accounting professional with substantive capital markets or broker-dealer accounting depth a high-level, independent thinker who values impact over effort. The
desired professional is a self-motivated owner with high standards for excellence who is willing to roll up their sleeves to get things done. The Controller will report to the CFO .
Responsibilities
- Own and scale the accounting function supporting the firm's capital
markets business, including trade accounting, P&L substantiation,
and reconciliation with front-office and trading teams
- Provide technical accounting leadership on complex capital markets
matters, including revenue recognition, derivatives and financial
instruments accounting, and consolidation
- Oversee regulatory capital calculations and required filings (e.g.,
net capital, FOCUS, or comparable regulatory reporting),
coordinating with Compliance and Legal as needed
- Own accounting for collateral, margin, and counterparty cash
management related to trading activity
- Oversee delivery of regular and ad hoc financial reporting and
statements to the Executive Team, Board of Directors, other internal
stakeholders, investors, and auditors
- Ensure accuracy of historical financial records in accordance with
GAAP, and support implementation of new accounting standards
affecting capital markets products
- Set the strategic direction for financial systems and procedures
including trading and portfolio systems to ensure proper
automation, auditability, and controls
- Oversee tax and treasury functions; support outside accountants and
counsel on required tax filings and optimize treasury operations
- Manage relationships with external auditors, banks, and relevant
regulators
- Develop, implement, and maintain internal control guidelines,
policies, and procedures
- Ensure compliance with state, federal, and foreign regulatory
requirements and professional standards
Qualifications
- 8+ years of experience in accounting/finance, with meaningful
experience at a broker-dealer, bank, or capital markets-focused
financial institution
- Current or former product controllers are strongly preferred
- Strong knowledge of GAAP, including financial instruments and
derivatives accounting; CPA strongly preferred
- Experience with regulatory capital and reporting requirements (e.g.,
net capital rules, FOCUS filings) strongly preferred
- Results-oriented leader with the ability to balance multiple
competing priorities in a fast-paced environment
- A strategic, analytical thinker with an ownership mentality and
excellent communication skills
- Experience with NetSuite or a similar ERP; experience with Enfusion
or other trading/portfolio systems preferred
- Demonstrated experience independently identifying and driving
process improvements
This position is based in New York City. Due to the highly collaborative
nature of the business, professionals are expected to be on site Monday
through Friday.