Finance Associate, Finance
Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.
Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization.
Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.
At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.
At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.
Responsibilities
- Performing accounting close procedures for Tower entities, including month end adjusting entries and analytics
- Performing daily monitoring and analysis of trading P&L results across global trading entities.
- Broker-dealer experience, including monthly FOCUS reporting and net capital considerations
- Posting cash journals in the accounting system (Oracle) as required
- Collaborating with Tower Operations to understand and resolve breaks across global cash and NAV reconciliations
- Collaborating with Tower Finance Technology and Post Trade Technology to implement process improvements
- Assessing internal finance processes, identifying areas for improvement and articulating proposed improvements to management
- Assisting in preparation of annual financial statements and coordinating with external auditors
- Assisting in ad hoc and special projects
Qualifications/Experience
- A bachelor’s degree in accounting or a related field
- At least 3-5 years of accounting/auditing experience with a mix of public, broker dealer, and financial services accounting preferred
- CPA license (mandatory)
- Series 27 (not mandatory but preferred)
- Strong understanding of US GAAP
- Meticulous attention to detail and strong organization skills
- Advanced knowledge of Microsoft Excel (nested functions)
- Ability to manage multiple demands and competing deadlines
- Excellent written and verbal communication skills
- The ability to prioritize multiple tasks in a fast-paced environment
- Understanding of exchange traded products and global market structure (preferred)
- Knowledge of Oracle Cloud and Tableau software (preferred)
- Familiarity with transaction based fee and rebate programs (preferred)
Anticipated annual base salary range $110,000-130,000, plus eligible for discretionary bonus
Benefits
Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world.
At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.
Our benefits include:
- Generous paid time off policies
- Savings plans and other financial wellness tools available in each region
- Hybrid working opportunities (3 days in office weekly)
- Free breakfast, lunch, and snacks daily
- In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
- Company-sponsored sports teams and fitness events
- Volunteer opportunities and charitable giving
- Social events, happy hours, treats, and celebrations throughout the year
- Workshops and continuous learning opportunities
At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.
Tower Research Capital is an equal opportunity employer.
Top Skills
What We Do
Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.
