Financial Accountant

Job Description

Financial Accountant | ABN AMRO Clearing USA LLC

The Tone:
This is a full-time hybrid role at ABN AMRO Clearing USA LLC, located in Chicago, IL, requiring a minimum of three days per week onsite. ABN AMRO Clearing USA LLC is a global clearing firm providing an integrated suite of financial services to professional trading participants in the global financial market, with a comprehensive international network offering market access to exchange-listed instruments. The core service offering consists of clearing, execution, stock borrowing and lending, and settlement. This Financial Accountant role is crucial for managing the full cycle of vendor disbursements, meticulously tracking and balancing exchange and regulatory fees, and ensuring all associated general ledger accounting activities are accurately performed within the Financial Control team. The position directly supports the integrity of financial operations and reporting for the company.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid – Chicago, IL
• Pay: $70000+ yearly
• Team: Financial Control team within the Finance Department
• Mission: Own the accurate management of vendor disbursements, exchange and regulatory fee tracking, and associated general ledger accounting activities.
• Tech Stack: Excel (with Macros), Concur, AvidXchange

What You’ll Actually Do
• Accounts Payable Management: Manage the full-cycle accounts payable process, overseeing high-volume invoice processing.
• Expense and Credit Card Review: Review and verify employee expense reports and corporate credit card logs, ensuring compliance and accuracy.
• Fee Tracking and Reconciliation: Accurately track, calculate, and reconcile all incoming or outgoing exchange and regulatory fees, posting relevant journal entries and ensuring proper allocation across cost centers or client accounts.
• Financial Reconciliation and Reporting: Prepare and review select balance sheet reconciliations, perform month-end reclassifications, and conduct analytics essential for financial reporting.
• Audit and Procedure Support: Participate in financial, regulatory, and internal audit processes, while also assisting with the writing, reviewing, and maintaining of relevant standard operating procedures.
• Discrepancy Resolution: Coordinate directly with operations or client success teams to proactively investigate and resolve any fee disputes or billing discrepancies.

The Must-Haves
• Background: Bachelor’s degree in Accounting or a related field, with knowledge of Generally Accepted Accounting Principles (GAAP).
• Experience: 1+ years of applicable experience, with internships considered.
• Skills: Data analysis, high degree of accuracy and attention to detail, ability to manage large volumes of data, strong organizational skills to manage deadline-driven priorities, and proven Excel skills with the ability to write Macros.
• Bonus: Concur experience, AvidXchange experience, reliable and self-motivated.