Financial and Operations Principal
About the role
We are seeking an experienced professional to join our Controllership team as the Financial and Operations Principal for the following entities: MMA Securities LLC ("MMAS"): a registered broker dealer and registered investment advisor engaged in retirement investment advisory consulting and the sale of mutual fund and variable insurance products. MMA Asset Management LLC (“MMA AM”): a registered investment advisor engaged in wealth advisory services. This role will be based in New York City or Urbandale, IA. This is a hybrid role that has a requirement of working at least three days a week in the office. The Financial and Operations Principal is responsible for the functional management of finance and operations team for these regulated entities which sits in Urbandale, IA. In addition, this role is responsible for coordinating annual audits and regulatory examinations, preparing and filing regulatory reports, preparation of internal management reports for business leadership, reviewing financial records and general ledger accounts reconciliations, and ensuring compliance with FINRA/SEC regulations while supporting special projects and initiatives. The role reports to the Chief Financial Officer of these entities.
Responsibilities
- Manage and develop the Urbandale FinOps team, focusing on training and professional growth.
- Managing finance and operations of regulated entities.
- Coordinate the annual financial audit with Deloitte, including the preparation of financial statements and regulatory filings.
- Prepare, review, and file various regulatory documents, including but not limited to: FOCUS, SSOI, FORM Custody, Schedule 1, and SIPC.
- Oversee the review of general ledger reconciliations and supporting documentation prepared by the FinOps team, ensuring all discrepancies are addressed and resolved.
- Calculate net capital monthly and as needed for MMA Securities.
- Collaborate with the Chief Financial Officer to develop efficient accounting and operational