DTCC

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The impact you will have in this role:

Being a member of the Financial Reporting & Accounting, the position will lead the team in meeting their highly critical and time sensitive daily responsibilities. The ideal candidate will be responsible for overseeing the reconciliation processes, ensuring accuracy and compliance, and assist in leading the team to achieve departmental goals. This role requires strong analytical, communication, and organizational skills, as well as the ability to work independently and collaboratively within a team environment.

What You’ll Do

• Supervise and support the preparation and review of account reconciliations, ensuring that general ledger account balances are verified against the underlying source/transaction systems, sub-ledger, or other pertinent documentation. Identify and resolve reconciling differences.
• Proactively identify root cause of reconciliation exceptions and recommend remediation actions.
• Monitor aged items and escalate as needed.
• Collaborate with the manager and peers to support efforts on standardization and quality assurance initiatives.
• Assist in implementing system changes and identify impacts to the team.
• Identify opportunities for process improvements and drive to implementation.
• Partner with stakeholders to identify valuable information and reports for their respective units.
• Contribute and actively participate in internal and external audit reviews. Execute follow-up action items and internal control recommendations.
• Ensure compliance of the team with DTCC policies, procedures, and controls.
• Support the manager with special projects, workflow enhancements, and ticket resolutions.
• Understand and assist on the month end close activities done by the team for accounting.
• Facilitate presentation of reconciling items with the stakeholders on a monthly call.
• Align risk and control processes into day-to-day responsibilities to monitor and mitigate risk.
• Escalate appropriate issues to upper management.
• Promote a positive team atmosphere and ensure completion of daily critical tasks to achieve team objectives.
• Identify development opportunities on the team and implement coaching plans to improve team skillset.
• Establish and maintain effective working relationships at all levels of the organization.
• Help manage daily team operations.
• Assists in ARCS administration and KPI reporting.
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately
• NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Sounds Like You?

• Minimum of 6 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• At least 5 years of solid finance and accounting work experience in a multinational shared service computerized environment
• At least 4 years of which dedicated in handling general ledger and financial reports.
• Preferred with supervisory or team lead experience.
• Capable of multitasking in a fast-paced environment.
• Detail-oriented, self-motivated, with strong analytical and critical thinking skills.
• CPA license would be an advantage but not required.

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Learn more about Clearance and Settlement by clicking here.

Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC's competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.