Full-Time

Senior Accountant

Posted on 9/4/2024

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Quantitative Finance
Financial Services

Mid, Senior

Chicago, IL, USA

Category
Financial Accounting
Financial Planning
Accounting
Requirements
  • 4+ years experience in accounting
  • Strong knowledge of general ledger reconciliation practices
  • Familiarity with budgeting processes and financial planning
  • Proficiency in GAAP principles and accrual accounting methods
  • Ability to work effectively in a team environment and communicate financial information clearly
  • Must be able to work independently after training
  • Bachelor’s degree in accounting
Responsibilities
  • Periodic review of invoices and processing of ACH batches and other forms of invoice payment
  • Perform general ledger reconciliations to ensure accuracy and completeness of financial data.
  • Execute general ledger accounting tasks in accordance with GAAP standards.
  • Apply accrual accounting methods to accurately reflect financial transactions.
  • Process various cash transactions and wire requests
  • Collaborate with internal team to provide financial services and support corporate finance initiatives.

Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of traders and technologists who work collaboratively to ensure efficient transactions and problem-solving. Unlike many competitors, Old Mission emphasizes the human element in its operations, fostering a culture of humility and approachability among its staff. The company's goal is to support its clients by delivering exceptional service and liquidity solutions, ultimately contributing to the stability and efficiency of the financial markets.

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for illiquid ETFs offers Old Mission new market opportunities.
  • Advancements in AI enhance Old Mission's trading algorithms for better pricing accuracy.
  • Expansion of digital assets creates liquidity opportunities for Old Mission.

What critics are saying

  • Increased competition in ETF market-making could pressure Old Mission's margins.
  • Regulatory scrutiny on high-frequency trading may impact Old Mission's profitability.
  • Volatility in emerging markets like Brazil could affect Old Mission's returns.

What makes Old Mission unique

  • Old Mission specializes in pricing illiquid ETFs, a challenging market segment.
  • The company combines trading expertise with advanced technology for efficient risk transfer.
  • Old Mission's team values collaboration and problem-solving, enhancing client service.

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Benefits

Competitive Salary

Discretionary bonus

Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm

401(k) with employer match

Full stocked kitchen, free breakfast and lunch everyday on-site

Tuition reimbursement

Flexible Spending Plan

Commuter Benefit Program

INACTIVE