Technical Accountant - Equity And Debt Securities

Company Description

JOB DESCRIPTION

Tradeweb is a global leader in electronic trading for rates, credit, equities, and money markets. As financial markets become increasingly interconnected, our technology enables efficient, multi-asset trading on a global scale. We serve more than 3,000 clients in more than 85 countries, including many of the world’s largest banks, asset managers, hedge funds, insurers, corporations, and wealth managers.

Creative collaboration and sharp client focus have helped fuel our organic growth. We facilitated average daily trading volume (ADV) of more than $2.2 trillion over the past four fiscal quarters, topping $2.5 trillion in ADV for the first quarter of 2025.

Since our IPO in 2019, Tradeweb has completed four acquisitions and doubled our revenues – and 2024 was our 25th consecutive year of record revenues.

Tradeweb is a great place to work, recognized in 2024 by Forbes as one of America’s Best Companies (2024) and by U.S. News & World Report as one of the Best Financial Services Companies to Work For.

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.

Mission: Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.

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Group Details

Tradeweb is opening an exciting new role for a Technical Accountant - Equity and Debt Securities, to oversee the accounting and reporting for the company’s portfolio of strategic and financial investments, including minority equity investments, convertible debt instruments, warrants and equity method investments. This newly created role consolidates all investment-related accounting and reporting activities under one function and offers the opportunity to own the full lifecycle of investment accounting, from assistance in due diligence and initial accounting conclusions to monthly close and basis tracking to quarterly fair value and impairment analyses and assistance in the preparation of quarterly 10Q/K disclosures.

The Technical Accountant - Equity and Debt Securities will oversee both the technical and operational aspects of investment accounting, including preparing monthly journal entries, reconciliations and detailed investment and equity method schedules. The role will involve evaluating investee financial statements to identify accounting principle differences (i.e. IFRS vs US GAAP and/or private vs. public company accounting elections), tracking basis differences and step-ups resulting from purchase price allocations, maintaining converted books for equity method investees and calculating equity pickup amounts. The Technical Accountant - Equity and Debt Securities will also prepare quarterly impairment and fair value analyses and related technical accounting memos and quarterly financial statement disclosures. The position will report to the Director of M&A Accounting and Integration and will work closely with corporate development, legal, tax, corporate accounting and SEC reporting teams and assist with external audit requests. This is a hands-on role and the ideal candidate should be excited to be in the details of the company’s investment portfolio and accounting.

This role will also assist in other accounting/finance transformation efforts and other ad-hoc accounting/finance projects as needed.

Job Responsibilities

• Perform and oversee the monthly accounting for all corporate investments, including journal entries, reconciliations and investment roll forwards
• Maintain detailed investment schedules, equity method adjustments and fair value measurement support
• Evaluate investee financial statements to identify differences in accounting principles, track basis differences and step-ups, and maintain converted books for equity method investees
• Prepare quarterly impairment and fair value analyses, including drafting supporting technical accounting memos
• Review valuations prepared by the corporate development team and assess accounting implications under U.S. GAAP
• Participate in investment due diligence, including review of financial information and legal agreements and review purchase price allocations prepared by valuation specialists to understand accounting impacts
• Collaborate with corporate development, legal, tax, corporate accounting and SEC reporting teams to ensure timely and accurate recognition, measurement and disclosure of investments
• Support quarterly and annual reporting processes by providing investment-related data and analyses for financial statement disclosures
• Maintain and enhance documentation and SOX controls over investment-related accounting and reporting processes
• Stay current on relevant accounting and disclosure guidance related to investments, impairment, and fair value measurement
• Contribute to the company’s broader finance transformation goals and initiatives, aimed at streamlining/automating all processes from record to report and continuously enhancing to the internal control environment
• Actively participate in other special ad hoc projects as they arise
  
  

• 4-10 years of total accounting experience, with a minimum of 3 years in public accounting (Big Four preferred)
• Some M&A deal related experience a plus
• Digital asset experience a plus
• CPA or equivalent required
• Strong US GAAP technical accounting knowledge, including debt and equity investments (ASC 320 and 321), equity method accounting (ASC 323), purchase price allocations (ASC 805) and fair value measurement (ASC 820)
• Familiarity with other complex US GAAP accounting areas such as revenue recognition, stock-based compensation and financing transactions to evaluate investee financial statements and identify accounting differences
• Experience preparing technical accounting memos and applying complex accounting guidance
• Excellent analytical and problem-solving skills, with strong organizational skills and attention to detail
• Demonstrated ability to perform detailed operational work, including journal entries and reconciliations
• Expert knowledge of MS Office (Outlook, Word, PowerPoint, and Excel)
• Excellent oral and written communication skills
• Experience with Oracle, FCCS and Alteryx a plus