Cantor Fitzgerald: Broker Compensation Associate

📁
Accounting/Finance
💼
Cantor Fitzgerald
📅
18000032 Requisition #
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Cantor Fitzgerald: Broker Compensation Associate

Cantor Fitzgerald is a diversified company primarily specializing in financial and real estate services for institutional customers operating in the global financial and commercial real estate markets. Over the past 70 years, we have successfully built a well-capitalized business across multiple business lines, with numerous market-leading financial services products and a large and growing commercial real estate business. We have been at the forefront of financial and technological innovation in our industries, developing new markets and providing superior service to thousands of customers globally.

Responsibilities:

Broker compensation controller is an integral member of the finance team, reporting directly to Financial Controller, participating in the accounting and finance processes and controls over internal and external financial reporting. The successful candidate will join a team of nine professionals responsible for the Financial, Regulatory, and Management accounting for BGC’s Americas brokering business

  • Prepares and reviews, and facilitate timely payment of broker compensation in accordance with their contracts; consults with Senior Management and head of businesses
  • Performs month end close pertaining to Broker Compensation utilizing Oracle General Ledger system,
  • Performs monthly balance sheet substantiation, evaluate adequacy of expense accruals, resolving issues, and escalate key items to management timely
  • Prepares executive summary and reports to Senior Management on a monthly basis
  • Liaises with the IT Team to continue improving and implementing the roll out of the global broker compensation system in Oracle
  • Responsible for interacting with internal and external auditors on a regular basis
  • Ah hoc desk projects and various desk analysis at the request of management

Desired Skills and Experience:

  • 3-5 years in an accounting role
  • Bachelor’s degree in accounting, finance or a related field
  • Ability to work simultaneously on multiple tasks and manage team priorities and workload
  • Advanced analytical and Excel capabilities, project management skills
  • Critical thinking, team oriented views, attention to detail, communication - excellent oral and writing skills  

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