Financial Control Analyst

ADM - Chicago, IL

Full-time - Mid Level

Chicago, IL

1,001-5,000 employees

Merchant Wholesalers, Nondurable Goods

About the position

The Financial Control Analyst plays a crucial role in calculating and arranging monthly commission payouts to introducing brokers (IBs) and other brokerage relationships. This position involves analyzing net commission revenue and collaborating with various departments on ad hoc projects. Reporting directly to the Accounting Manager, the analyst aims to enhance departmental efficiency and personal development.

Responsibilities

• Set up new broker payouts and maintain existing deals in the commission payout system.
• Support the development of a new commission payout processing system.
• Calculate monthly payouts using the existing Access Database or the new commission payout system.
• Maintain a database of exchange, clearing, and NFA fees under the direction of the Accounting Manager.
• Analyze monthly net commission revenue.
• Oversee the preparation of monthly commission payable accrual accounting entries and related entries.
• Run daily Debit/Deficit reports.
• Perform other general tasks and projects as needed.

Requirements

• Experience in the futures industry or similar as an accountant.
• Bachelor's degree in Accounting or Finance.
• 5 - 7 years of experience in a relevant field.
• Strong analytical abilities, initiative, and problem-solving skills.
• High proficiency in Microsoft Access and Excel.
• Ability to meet deadlines.
• Promotes the ADM Way and Core Values.

Nice-to-haves

• Proficiency in SQL Server or scripting.
• Experience in the futures industry as a business analyst or similar role.
• Experience in a collaborative, culturally diverse, and inclusive environment.

Benefits

• 401(k) matching
• Adoption assistance
• Cash balance pension plan
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible spending account