Full-Time

Accounts Payable Specialist

Posted on 5/30/2025

Gelber Group

Gelber Group

201-500 employees

Proprietary trading firm trading global assets

Compensation Overview

$50k - $70k/yr

+ Discretionary Bonus

Chicago, IL, USA

In Person

Category
Accounting (2)
,
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field preferred.
  • 4+ years of experience in accounts payable or general accounting, preferably in a trading or financial services environment.
  • Strong knowledge of accounts payable principles and practices.
  • Proficiency with Microsoft Excel & Microsoft GP.
  • Excellent organizational skills and attention to detail.
  • Strong communication skills and the ability to work cross-functionally.
  • High level of integrity and discretion in handling confidential information.
Responsibilities
  • Process high-volume vendor invoices and employee expense reimbursements in a timely and accurate manner.
  • Review invoices and related documentation for accuracy, appropriate approvals, and proper coding.
  • Manage and maintain accounts payable records, including vendor setup and W-9 collection.
  • Prepare and execute weekly payment runs via ACH, wire transfer, and checks.
  • Reconcile vendor statements and resolve discrepancies or payment issues.
  • Assist with month-end close activities, including accruals and account reconciliations.
  • Support annual audits and provide requested documentation as needed.

Gelber Group is a global proprietary trading firm that uses its own capital to trade across major asset classes such as equities, commodities, and foreign exchange. It assumes all related risks and rewards, rather than handling client money, which allows it to offer high compensation to its employees. The company relies on its own resources, deep market knowledge, and technological tools to generate trading profits from market movements. Unlike brokers, hedge funds, or banks, Gelber Group does not manage external client funds but trades for its own account and serves institutional investors and high-net-worth individuals. With offices in Chicago, White Plains, NY, Amsterdam, and other locations, the firm focuses on ongoing development of trading ideas and technology. Its goal is to grow profitability by applying new strategies and advanced technology while mentoring the next generation of market participants.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1982

Simplify Jobs

Simplify's Take

What believers are saying

  • Diversified revenue from fixed income alongside equities, commodities, and FX.
  • 16 distinct trading groups pursue innovative strategies across global marketplaces.
  • Internships in Boston and Amsterdam mentor next generation of traders.

What critics are saying

  • CFTC enforcement for false reporting and wash sales triggers suspensions.
  • Jane Street's HFT tech slashes Gelber's profits in equities and futures.
  • EU MiFID III bans wash sales, forcing Amsterdam closure and 20% revenue loss.

What makes Gelber Group unique

  • Gelber Group trades equities, commodities, FX, and fixed income with own capital since 1982.
  • Amsterdam office Gelber Coöperatief U.A. accesses European markets for proprietary strategies.
  • 'Eat what you kill' model offers high compensation to attract passionate traders.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Tuition Reimbursement

Flexible Work Hours

Hybrid Work Options

Wellness Program

Employee Referral Bonus

Charitable giving and company match

Casual, relaxed office environment

INACTIVE