Vice President Finance
$140k - $170k
Expert
Bachelor's
New York, NY, USA
Hybrid
AccountingFinancial Accounting
About the job
Requirements
- A bachelor's degree is required.
- Must be willing to take the Series 27 examination; the credential is not required at hire.
- QuickBooks or an equivalent accounting platform and advanced Excel skills are required.
- At least 3 years of accounting experience are required.
- Experience as a broker-dealer FINOP professional is required.
- An understanding of financial reporting systems, procedures, and controls is required.
- Strong organizational skills, attention to detail, and prioritization capabilities are required.
- Demonstrated ability to manage multiple projects and adapt to change is required.
- Strong analytical, critical-thinking, and problem-solving skills are required.
- A basic understanding of internal controls is required.
- Ability to communicate and interact effectively with all levels of management and work in a team-oriented environment is required.
- Ability to collaborate effectively with business partners is required.
Responsibilities
- Under the direction of the CFO, perform day-to-day accounting responsibilities for a self-clearing proprietary trading firm.
- Process and administer payroll, including ADP Workforce Now Time & Attendance administration, new employee setup, payroll audits, payroll tax reporting, and reconciliations.
- Ensure accurate and timely completion of accounting reports and financial statements, including FOCUS filings.
- Perform monthly reconciliations and bookkeeping; prepare and submit wire requests as needed; oversee and account for travel and entertainment expenses.
- Ensure the firm complies with regulatory net capital requirements.
- Develop and maintain accounting policies, processes, and systems to ensure effective company controls.
- Oversee the monthly close of the company books, the general ledger, and reporting of financial results.
- Prepare weekly and monthly financial health reports for management, including revenue and expenses, with financial commentary and recommendations.
- Create projections, rolling revenue calculations, and pro formas.
- Handle treasury functions for the firm and its affiliates.
- Coordinate audits and establish and continually improve accounting policies and processes that support key business areas and internal controls.
- Work with upper management to identify and resolve broker-dealer-related financial issues and recommend procedural changes as needed.
- Handle accounts payable and receivable accounting and expense allocations.
- Assist with managing new and existing banking relationships and their administration.
- Assist with gathering data for tax filings and annual audit support.
Desired Qualifications
- CPA is preferred.
- Microsoft Dynamics GP is a plus.
- Previous accounting experience at a broker-dealer, clearing firm, or in the financial services industry is a plus.
- Previous payroll experience is preferred.
- ADP Workforce Now experience is preferred.
About the company
Hold Brothers Capital, LLC is a direct-access trading firm that specializes in U.S. equities. It provides a proprietary trading platform and API for rapid order entry and in-house order-flow controls to protect client trades, while offering fast executions and detailed reporting. Compared with others, it emphasizes in-house technology, strict access control, and support to maintain trade integrity. The goal is to help traders be more efficient and successful by delivering reliable technology, service, and a trustworthy trading environment.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1994
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Simplify's Take
What believers are saying
- April 13, 2026 SEC filings show active operations and continued regulatory upkeep.
- The Industry Spread reported December 2025 net capital of $3.07 million, above minimums.
- A January 13, 2026 commercial lawsuit shows ongoing business activity, not stalled operations.
What critics are saying
- The 2026 SEC FOCUS amendment signals reporting issues; compliance failures destroy trust fast.
- BrokerCheck shows three regulatory disclosures and $65,000 in CBOE fines, tarnishing credibility.
- A 2012 SEC enforcement history still hangs over the brand, making future scrutiny likely.
What makes Hold Brothers unique
- Hold Brothers runs a self-clearing direct-access equities desk, not a challenge-fee prop shop.
- It monetizes active traders through a $30,000 funded account model and trading fees.
- Its FINRA membership and SEC reporting infrastructure create legitimacy for licensed US equity traders.
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Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Paid Time Off
- Remote Work Options
- 401(k) Retirement Plan
- Paid Vacation
- Paid Sick Leave
- Paid Holidays
- Parental Leave