WHAT IS A CERTIFIED PUBLIC ACCOUNTANT ?
Reviewed under Editorial Standards by Lam Nguyen
The Certified Public Accountant (CPA) role focuses on accounting tasks, specialized reporting, and industry-specific record-keeping. Suitable for ambitious professionals aiming to refine processes, enhance procedures, support audits, and lead financial reporting. This position offers career growth, departmental exposure, and interaction with senior management.
Need-to-Know Overview of a Certified Public Accountant
1. Certified Public Accountant Duties and Responsibilities
- Daily maintenance and review of financial statements for various entities
- Responsible for the month-end closing process including, but not limited to, journal entry review and/or preparation
- Financial statement preparation for various entities, and reporting financials to Parent
- Responsible for the Sub Clearing, Business Introducer, and Independent Contractor Agreements payment process
- Initial set-up of the agreements
- Monthly and/or quarterly preparation of commission pay-out reports
- Maintain direct communication with Client Relationship Officers and Business Introducers regarding payment matters, monthly calculation
- Payment of retrocessions, and subsequent journal entry preparation and booking of retrocession expenses
- Assist in booking and/or reviewing revenue for all trading platforms and related account reconciliations
- Assist with Regulatory reporting as needed
- Responsible for various monthly journal entry preparation and booking of financial statement items
2. Certified Public Accountant Skills, Abilities and Experience
- Experience with RSU expense, trade corrections, and errors, lease amortization, monthly Subclearing accruals, intercompany service level agreements, etc.
- Monitor client bill payment program alongside Staff Accountant, including approval of Accountant inputs for processing
- Ability to assist with the drafting of Annual Financial Statements and assist as a direct point of contact for various audit and regulatory requests
- Assist in the analysis and implementation of newly-issued GAAP accounting standards
- Serve as a direct point of contact for all Client Relationship Officers regarding inquiries related to trade revenues, trade ticket charges, and Subclearing/BI matters.
- Solid technical knowledge and research skills.
- Desire to provide tax and financial advice holistically.
- Strong analytical and problem-solving skills.
- Excellent organizational and time management skills.
- Detail oriented and produce high-quality work.
- Excellent verbal, written, and interpersonal communication skills.
Editorial Process
Lamwork content is developed through structured review of publicly available job postings and documented hiring trends.
Editorial operations are managed by Thanh Huyen, Managing Editor, with research direction and final oversight by Lam Nguyen, Founder & Editorial Lead. Content is periodically reviewed to reflect observable labor market changes.