Job Abstract

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Our Accounting and Finance department is seeking an experienced professional. The position is responsible for the management of the activities of the Expense Control and Accounts Payable team. The Manager will manage the full-cycle accounts payable process and  expense-related accounting entries recorded as part of close processes. 

Responsibilities include, but are not limited to:

• Manage the control team consisting of 5 total members
• Own the expense control team monthly accounting close, including review and approval of monthly accruals, reversals, and amortization entries
• Attain monthly balance sheet reconciliations for various prepaid, AP accrual, and tax withholding accounts
• Analyze and forecast organization’s expenses while managing the full-cycle accounts payable process including review of invoice/expense reimbursement reports and payment processing
• Manage correspondence with vendors and colleagues regarding invoice, payable/expense accounting inquiries, IRA/TEFRA withholding payments and quarterly/annual filings for state and federal requirements
• Lead annual property statement filings
• Perform other duties as required and assigned

• Bachelor's Degree from an accredited university, preferably in Accounting/Finance or related field
• Advanced knowledge and understanding of U.S. GAAP
• 10+ years of previous experience in expense control
• Minimum 3 years of experience in management role
• Proficient in Microsoft Office (Outlook, Word, PowerPoint) with strong Excel skills
• Highly organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• Excellent communication and presentation skills with the ability to communicate effectively across various departments and levels of the organization
• Ability to analyze processes and improve efficiency
• Strong analytical, problem-solving and critical-thinking skills
• Strong management and supervision skills
• Experience in Financial Services, particularly broker/dealer
• CPA required

As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues. 

• Comprehensive medical, dental, and vision coverage with multiple health plan options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• Paid Vacation, Sick Time, Holidays, Volunteer Time Off
• Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
• FINRA and Professional License Sponsorship
• Charitable Donation Matching Contributions
• Travel & Employee Assistance and Employee Discount Programs
• Discretionary compensation based on the colleague's and the firm's performance

Applications will be accepted until the position is filled.  Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $95,000-$135,000.

At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview