The Options Clearing Corporation (OCC) · 18 hours ago
Associate Principal, Accounting
Chicago - 125 S Franklin
Full-time
Hybrid
Mid, Senior Level
$91K/yr - $120K/yr
3+ years expThe Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. They are seeking an experienced and detail-oriented Senior Accountant to oversee daily operations of accounting functions, maintain financial records, and provide analytical support for financial reporting and compliance activities.
FinanceFinancial ServicesProperty Management
No H1B
Responsibilities
Review and approve accounts payable invoices within the accounting system, ensuring accuracy, proper general ledger coding, and compliance with internal controls
Oversee accounts receivable operations including invoice generation, cash application, aging analysis, and collection activities
Process, reconcile, and allocate transactions based on chart of accounts, department codes, and project classifications
Reconcile payroll accounts to the general ledger
Prepare monthly journal entries to accrue estimated bonus and other employee benefit expenses
Prepare and maintain prepaid expense and fixed asset subledgers, ensuring proper capitalization, amortization, and depreciation in accordance with US GAAP
Liaise with internal departments and external vendors to expedite payment cycles and resolve billing discrepancies in a timely, professional manner
Review and analyze general ledger accounts for accuracy and completeness, performing detailed account reconciliations for balance sheet accounts
Prepare month-end, quarter-end, and year-end journal entries and account reconciliations in accordance with established close calendars
Analyze monthly financial variances and prepare clear, concise explanations for management review
Collaborate with the Finance team to analyze financial performance against budget and forecast, providing insights and commentary
Assist in the preparation of quarterly and annual financial statements, footnotes, and regulatory filings
Assist with quarterly and annual tax preparation, including gathering supporting documentation and coordinating with external tax advisors
Support completion of Form 5500 filings and preparation of Retirement Plan and 401(k) financial statements
Support SOC 1 audit procedures by preparing requested schedules, documentation, and responding to auditor inquiries
Continuously evaluate and enhance accounting procedures, controls, and workflows to drive accuracy and efficiency
Monitor accounting staff activities and provide recommendations for process improvements and operational efficiencies
Lead and spearhead ad-hoc projects and special analyses as assigned by management
Serve as backup support for other Accounting department roles during peak periods or staff absences
Qualification
Required
Exceptional attention to detail with demonstrated commitment to accuracy and quality
Strong analytical and problem-solving abilities with sound business judgment
Excellent verbal and written communication skills with ability to clearly articulate complex financial concepts
Outstanding customer service orientation with both internal and external stakeholders
Proven ability to prioritize multiple tasks and meet tight deadlines in a fast-paced environment
Strong teamwork and collaboration skills with ability to work effectively across the organization
Ability to work independently with minimal supervision while knowing when to escalate issues
Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP/XLOOKUP, complex formulas, data analysis)
Strong working knowledge of Microsoft Office Suite
Bachelor of Science degree in Accounting
3-5 years of progressive accounting experience, preferably in financial services or a regulated environment
Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
Preferred
Certified Public Accountant (CPA) license or active pursuit of certification
Experience with Oracle or other enterprise-level ERP accounting systems
Prior SEC reporting or regulatory work environment experience
Experience with tax compliance, documentation preparation, and coordination with external tax advisors
Knowledge of SOC 1/SOC 2 control frameworks and audit processes
Experience supporting retirement plan administration and Form 5500 preparation
Familiarity with derivatives clearing or financial markets infrastructure
Benefits
A hybrid work environment, up to 2 days per week of remote work
Tuition Reimbursement to support your continued education
Student Loan Repayment Assistance
Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
Generous PTO and Parental leave
401k Employer Match
Competitive health benefits including medical, dental and vision
Company
The Options Clearing Corporation (OCC)
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
David Hoag
Chief Information Officer
Kristen Baldwin
Chief Information Officer
Recent News
2025-12-24
Company data provided by crunchbase