Accounts Payable Analyst, Clear Street
$65-75k
+ Equity
4+ days a week in office
Modern infrastructure for capital markets
Be an early applicant
Modern infrastructure for capital markets
201-500 employees
Be an early applicant
$65-75k
+ Equity
4+ days a week in office
201-500 employees
Company mission
To rebuild the infrastructure that supports the capital markets, bringing them into the future.
Role
Who you are
- A degree in accounting or finance is required, and a Bachelor’s Degree is preferred
- At least 1+ year of experience in a similar role
- Intermediate to advanced MS Excel skills including lookups, sum-ifs, and related formulas
- Experience with NetSuite is preferred but not required
- General proficiency in GAAP reporting including accrual-based accounting
- Experience with multi-currency payment processing is desirable
- A strong appetite for learning and working within a team setting
- Willingness to do what is required to meet tight deadlines
- Excellent communication, problem solving, time management, and analytical skills
- Ability to work independently and collaboratively with cross-functional teams
What the job involves
- Our Finance team rapidly growing in a dynamic environment that offers the opportunity to learn about the business from the ground up
- The team operates in a flat structure, allowing you to be a peer contributing to various aspects of accounting and reporting functions
- Collaboration with different teams across the organization is integral to ensuring that finance and accounting functions are executed in a timely manner
- As technology is driving our company's mission, the team will also leverage technology to automate accounting tasks and steer Clear Street and the finance team towards a more efficient future
- The Role:
- The role is responsible for various aspects of the accounts payable function within the Finance team
- The individual will work collaboratively with other staff and under the direction of the Accounts Payable Manager
- The nature of the role will allow the individual to interact cross-functionally with other departments including exposure to departmental heads and senior management
- Responsible for the end-to-end Accounts Payable process
- Review invoices for accuracy ensuring compliance with company policies and standards
- Timely processing of invoices into the General Ledger including proper subsidiary, department, and expense coding
- Diligently following up with internal stakeholders for approvals and allocations, as needed
- Facilitate communication with vendors when discrepancies are found while maintaining professional courtesy
- Maintain and support a high level of internal controls around financial reporting and payment processing
- Assist with month-end close activities such as providing input on accruals and reconciliations
- Review and process employees reimbursement requests in accordance with the firm's T&E policy
Our take
Clear Street is building up-to-date, cloud native infrastructure for capital markets, bringing clients faster and easier access to things like reporting, clearing, custody, and execution.
It’s been quite a rise to prominence for the New York based startup, which surpassed a billion dollar valuation in 2022 despite only launching in 2018. However, given the previous industry experience of its founders, Clear Street's success should come as no surprise. The trio built the platform as a remedy to their own pain points, missed opportunities, and lack of access to key data in the prime brokerage space.
With its Unicorn status secured and its list of clients growing, Clear Street is now gearing up for a period of rapid expansion, both geographically and across the financial services industry. Securing funding in 2023 from Prysm Capital, the company has money to play with as it continues to pursue better infrastructure for capital markets.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Apr 2023
$270m
SERIES B
May 2022
$165m
SERIES B
Total funding: $470m
Company benefits
- 401k matching
- Full medical, dental and vision insurance
- Generous vacation time
- Opportunities for professional development
- In-office benefits include lunch stipends, fully stocked kitchens, happy hours, and amazing office views
Company HQ
World Trade Center, New York, NY
Leadership
Chris Pento
(CEO)Financial services & investment veteran with over 30 years in the sector. Worked in Senior Management & Executive roles at Merrill Lynch, Knight Capital, Arxis Capital, Exos Financial, and Engineers Gate LP, before co-founding Clear Street in 2018.
Sachin Kumar
(CTO)Former Pearl Rothman Software Engineer who has founded two previous FinTech companies - Tolo Technologies, and QED Trading.
Uriel Cohen
(Executive Chairman)Trader, investor, and founder of proprietary trading firm Highland Capital Group. Co-founded proprietary investment firm Alpine Global Management in 2012.
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