Brokerage Accounting Manager (Japan Securities Entity)

About the role

This role focuses on managing the complete accounting cycle for Alpaca's Japan securities entity. Responsibilities include specialized securities accounting, ensuring compliance with regulatory bodies like the FSA and JSDA, and meticulously calculating and monitoring the Capital Adequacy Ratio. The manager will also contribute to capital planning and work with global teams on optimizing regulatory capital.

Beyond securities-specific tasks, the position encompasses general accounting operations for the corporate entity. This includes managing monthly, quarterly, and annual financial close processes, overseeing payment operations, and handling cash flow and treasury activities. The manager will be responsible for preparing financial statements and supporting accounting schedules, providing a comprehensive view of the entity's financial health.

Success in this position means maintaining robust financial controls and accurate reporting for the Japan entity while actively contributing to broader financial strategy. The role also involves supporting system implementations and new product launches, requiring a proactive approach to process improvement and collaboration within a global finance team. This ensures the accounting function supports business growth and operational efficiency.

The salary for this position ranges from $75,000 to $125,000 USD annually.

Skills that matter here

• Securities Accounting: This role requires managing accounting operations specifically for a regulated securities business, including transactions and customer assets.
• Capital Adequacy Ratio: The manager will be responsible for calculating, monitoring, and validating the Capital Adequacy Ratio (CAR) and supporting related capital strategies.
• Regulatory Reporting: A key part of the role is preparing and submitting regulatory reports and filings to Japanese financial authorities like the FSA and JSDA.
• Financial Close: The manager will oversee and perform monthly, quarterly, and annual financial close processes for the corporate entity.
• System Implementation: The role involves supporting accounting system implementation and migration projects, contributing to technological improvements.
• Cross-functional Collaboration: This position requires effective collaboration with global teams and various stakeholders on capital management and operational improvements.

Who this role suits

• A professional with hands-on accounting experience specifically within a securities firm and a corporate environment.
• Someone proficient in both Japanese and English, capable of navigating a multinational team setting.
• An individual with strong analytical and problem-solving skills, comfortable with regulatory capital requirements and CAR calculations.
• A person who thrives in a collaborative environment and can contribute to process improvements and system implementations.

From the employer

Securities Accounting

• Manage accounting operations for a regulated securities business
• Perform accounting for securities transactions and customer assets
• Calculate, monitor, and validate the Capital Adequacy Ratio (CAR)
• Support the development of capital plans and capital strategies aligned with business growth objectives
• Partner with management and global teams on capital management and regulatory capital optimization
• Prepare and submit regulatory reports and filings to the Financial Services Agency (FSA), Japan Securities Dealers Association (JSDA), and other regulatory bodies
• Support accounting and finance activities related to regulatory compliance requirements

General Accounting and Finance

• Manage general accounting operations for the corporate entity
• Perform monthly, quarterly, and annual financial close processes
• Oversee payment operations, including invoice processing and employee expense reimbursements
• Manage cash flow and treasury activities
• Prepare financial statements and supporting accounting schedules

Other Responsibilities

• Support accounting system implementation and migration projects
• Provide accounting and financial support for new product and service launches
• Contribute to the improvement and standardization of accounting operations in collaboration with the global finance team

Must-Haves

• Hands-on accounting experience within a securities firm
• Hands-on general accounting experience within a corporate environment
• Experience managing monthly, quarterly, and annual close processes
• Knowledge of financial accounting and management accounting principles
• Knowledge of, or practical experience with, Capital Adequacy Ratio (CAR) calculations and regulatory capital requirements
• Business-level proficiency in both Japanese and English
• Strong analytical, quantitative, and problem-solving skills
• Proven ability to collaborate effectively with cross-functional teams and stakeholders

Nice-to-Haves

• Experience working in a global company or multinational team environment
• Experience leading ERP or accounting system implementation and migration projects
• Experience driving process improvement and operational standardization initiatives
• Experience supporting accounting and finance activities for new business initiatives or product launches
• Experience working in a startup or high-growth company environment

• Competitive Salary & Stock Options
• Health Benefits
• New Hire Home-Office Setup: One-time USD $500
• Monthly Stipend: USD $150 per month via a Brex Card