Financial Operations Principal

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee the supervision, review, and filing of FOCUS reports (Form X-17A-5) with FINRA and the SEC, typically on a monthly or quarterly basis.

• Monitor net capital levels to ensure that the firm consistently meets the required minimum net capital at all times.

• Ensure the timely submission of financial statements and supplementary reports, including annual audited financial statements.

• Manage financial books and records, including the general ledger, trial balance, and subsidiary ledgers.

• Interpret and implement SEC and FINRA regulations, especially SEC Rule 15c3-1 (Net Capital Rule) and 15c3-3 (Customer Protection).

• Ensure adherence to Rule 17a-3 and 17a-4 (recordkeeping requirements).

• Respond to inquiries and examinations from regulatory bodies such as FINRA and the SEC.

• Design and maintain robust internal controls to protect customer and firm assets.

• Supervise systems aimed at preventing and detecting errors or fraud in financial reporting.

• Oversee clearing and settlement processes, particularly for self-clearing or carrying firms.

• Monitor cash and securities transactions to ensure compliance with custody regulations.

• Coordinate the annual independent audit of the firm’s financial statements.

• Provide management with guidance on capital adequacy, financing strategies, and the financial implications of new business initiatives.

⛳️ Requirements

• Bachelor’s degree in Accounting or Finance; CPA designation preferred.

• Must hold an active FINRA Series 27 license.

• 7+ years of relevant experience, preferably in self-clearing financial services.

• Exceptional data analysis and reporting capabilities.

• Strong attention to detail, accuracy, and dependability, with the ability to excel in a fast-paced environment and a dedicated home office with minimal daily supervision.

• Ability to adapt to a dynamic business and regulatory landscape.

• Team-oriented with a willingness to assist and support fellow team members.

• Enjoys challenges and is eager to take on new responsibilities.

🏝️ Benefits

• Competitive Salary & Stock Options

• Health Benefits

• New Hire Home-Office Setup: One-time USD $500

• Monthly Stipend: USD $150 per month via a Brex Card