Associate, Broker Compensation

Cantor Fitzgerald Securities

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting
  • 4 years of accounting department experience
  • Proficient in MS Excel for data manipulation (Pivot tables, Lookups)
  • Hands-on experience with automation tools (e.g., AI tools like ChatGPT, Microsoft Copilot) applied to finance
  • Highly organized and detail-oriented under deadlines
  • Critical thinker capable of actionable improvement planning
  • Multitasking and prioritization in time-sensitive situations

Responsibilities

  • Prepare and review broker compensation per contracts, collaborating with Senior Management
  • Perform month-end close processes using Oracle General Ledger system
  • Conduct monthly balance sheet substantiation and evaluate expense accruals
  • Adopt a continuous improvement mindset to identify and resolve inefficiencies
  • Lead the streamlining and automation of recurring finance processes
  • Prepare executive summaries and reports for Senior Management monthly
  • Interact regularly with internal and external auditors

Benefits

  • Integral team member within a dynamic finance department
  • Opportunity to participate in crucial financial reporting processes
  • Engagement with senior management across the organization
  • Focus on continuous improvement and process optimization
  • Exposure to automation technologies that enhance workflows
Full Job Description
Job Description

Broker compensation controller is an integral member of the finance team, reporting directly to Financial Controller, participating in the accounting and finance processes and controls over internal and external financial reporting, and product control. The successful candidate will join a team of professionals responsible for the Financial, Regulatory, and Management accounting for BGC's and GFI's Americas brokering business.

Responsibilities

  • Prepares and reviews broker compensation in accordance with their contracts, consults with Senior Management and head of businesses
  • Performs month end close pertaining to Broker Compensation utilizing Oracle General Ledger system
  • Perform monthly balance sheet substantiation, evaluate adequacy of expense accruals, resolving issues, and escalate key items to management timely
  • Bring a continuous improvement mindset to day-to-day work, proactively surfacing inefficiencies and recommending practical solutions
  • Identify and lead opportunities to streamline and automate recurring finance processes, reducing manual effort and improving accuracy and efficiency
  • Prepares executive summary and reports to Senior Management monthly
  • Responsible for interacting with internal and external auditors on a regular basis


Qualifications

  • Bachelor's degree in Accounting
  • 4 years of experience in an accounting department
  • Extensive experience using MS Excel. Must be able to work with large amounts of data including Pivot tables, Lookups and a wide range of formulas
  • Hands-on experience with automation or productivity AI tools (e.g., Claude, ChatGPT Microsoft Copilot or equivalent); ability to apply to finance workflows such as reporting, variance analysis, or documentation.
  • Highly organized and detail oriented with the ability to work in a fast-paced, deadline-driven environment
  • Ability to think critically about current processes and translate improvement ideas into actionable, well-documented plans
  • Ability to multitask and prioritize time sensitive assignments
  • Working with accounting software, preferably Oracle
  • Strong written and verbal communication skills
  • Excellent research and problem-solving skills with the ability to proactively seek solutions
  • Gatekeeper of highly sensitive and confidential information

Similar Jobs

More Jobs at Cantor Fitzgerald Securities

More Finance & Insurance Jobs

Find similar Associate, Broker Compensation jobs: