Accounting and Regulatory Reporting Specialist

Job Description

Corporate Accountant | Archer

The Tone:
This is a full-time role at Vanguard Marketing Corporation (VMC), located in Malvern, PA, operating under a hybrid working model. VMC is a registered broker-dealer that provides brokerage, marketing, and distribution services for the Vanguard funds. In this role, you will be crucial in supporting the financial operations of this entity, safeguarding client assets, and ensuring compliance with regulatory reporting requirements, thereby upholding Vanguard’s commitment to trust and operational excellence.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid – Malvern, PA

• Mission: Owns the financial operations, regulatory reporting, and protection of client assets for Vanguard Marketing Corporation.
• Tech Stack: accounting software, Microsoft Excel, Word, PowerPoint

What You’ll Actually Do
• Complete: Manages the month-end close for the VMC entity, including journal entry processing and approval for revenue, expense accruals, and other necessary entries.
• Prepare: Prepares monthly Balance Sheet, Income Statement, and Net Capital calculations for FINRA FOCUS reporting, coordinating reviews with the Financial Operations Principal.
• Oversee: Prepares weekly Customer Reserve calculations per SEC rule 15c3-3 and manages related bank account deposits and withdrawals to properly protect customer assets.
• Create: Develops quarterly financial statements and a comprehensive certification package, including full financials, footnotes, and executive summaries of the balance sheet and income statement.
• Support: Provides critical support during annual external (PwC) and regulatory (FINRA, SEC) audits, collaborating closely with Compliance, Legal, and other business partners to respond to exam requests.

The Must-Haves
• Background: An early-career professional with an undergraduate degree, preferably in accounting or finance, focused on general accounting and financial reporting.
• Experience: One to two years of experience in an accounting and financial reporting environment, with a working knowledge of financial and operational controls.
• Skills: Excellent written and verbal communication and presentation skills, ability to work effectively and independently, proficiency in accounting software and Microsoft Excel, Word, PowerPoint, and an ability to develop and maintain relationships with internal and external partners. Working knowledge of Generally Accepted Accounting Principles (GAAP).
• Bonus: CPA or MBA preferred.