B. Riley Financial

Controller

• Own the monthly close calendar from Day 1 through sign-off; manage close task lists and milestone tracking across the team
• Confirm reversal of prior month accruals; approve and post all recurring and non-recurring journal entries in NetSuite
• Prepare and review the accrued expense analysis; book vendor, legal, payroll, and AP accruals at period-end
• Reconcile and maintain the prepaid expense schedule; reclassify prepaid amortization monthly
• Record intangible asset amortization; update amortization schedules and tie to the general ledger
• Maintain the deferred revenue schedule; monitor deal status updates and approve revenue recognition entries as milestones are achieved
• Record deferred rent and right-of-use asset entries; maintain supporting lease schedules
• Monitor and clear the intercompany script account (890010); ensure zero balance at period close
• Manage intercompany allocations, wires, and entries with parent and affiliated entities (BRSH, BRS, BRC)
• Review and approve all AP invoice entries; manage AP period open/close cycle and confirm reclassifications are complete
• Run and tie out the AP trial balance; resolve outstanding items with the accounts payable function
• Create and maintain deal sheets for each IB underwriting transaction based on prospectus, engagement letters, closing documents, and NFS syndicate account activity
• Record IB revenue and related receivables in NetSuite; obtain business unit sign-off on revenue recognition timing
• Manage the IB accounts receivable schedule; track retainer fee invoices, deferred revenue, and collection status
• Process co-manager OOP expense settlements: gather invoices, obtain approval, record in NetSuite, and initiate AP payment
• Prepare and distribute settlement letters; send to co-managers and manage 90-day payment deadlines
• Record ATM program revenues and payables; reconcile ATM activity reports monthly
• Track M&A and advisory deal revenues; record G/L entries upon confirmation of closing documentation
• Monitor deferred deal expenses; reclassify to recognized expense as associated revenue is booked
• Calculate net capital requirements for IB underwriting transactions; report haircut impacts to CFO
• Maintain the IB revenue deal sheet tied to NetSuite; distribute monthly revenue summary to CFO and CEO
• Review and approve all bank reconciliations monthly: BONY operating, BONY CSA, BONY DTCC, BONY payroll, and other custodian accounts
• Monitor daily bank activity; approve daily cash receipt entries from accounting staff
• Reconcile the NFS main account and all sub-accounts; create roll-forward reconciliations and post NetSuite entries for positions, P&L, transfers, and as-of trades
• Review and approve the Pershing sundry account reconciliation and corresponding entries
• Reconcile DTCC participant fund balance; obtain and process DTCC billing invoices
• Obtain and approve reconciliations for other clearing accounts; review activity and post corresponding entries
• Confirm all cash receipts are entered; reclassify negative NFS balances to the AP payable account
• Review outstanding checks for void and reissue as warranted
• Prepare and file the monthly FOCUS Report (FINRA Form X-17A-5) for BRS on the FINRA Gateway by business day 17
• Update FOCUS income statement and balance sheet summary schedules; calculate security haircuts for net capital compliance under SEC Rule 15c3-1
• Obtain CFO approval on the FOCUS Report prior to FINRA filing; distribute to compliance and designated counterparties
• Prepare and file the monthly leverage report; review with CFO and file on FINRA Gateway
• Maintain FOCUS Report packages with supporting reconciliations; ensure consistency with the NetSuite trial balance
• Monitor the market blockage report: update positions, buy volume, total trade volume, and calculate haircut charges per clearing firm data
• Review contractual commitments at month-end; track open underwriting positions and associated regulatory capital obligations
• Review the fixed asset clearing account monthly; create or update fixed asset records in NetSuite for new additions
• Process monthly depreciation; maintain and review the fixed asset roll-forward schedule; obtain sign-off
• Prepare stock compensation journal entries: RSA and RSU vesting (net-of-tax), stock expense accruals, and ESPP entries on applicable cycles
• Coordinate with HR and valuation advisors (e.g., Stout) for current fair value inputs under ASC 718 on vesting events
• Maintain the bad debt allowance schedule; review receivable aging, prepare allowance entries, and obtain CFO approval
• Record note interest accruals for applicable investment positions; maintain supporting interest schedules
• Update the ASC 820 fair value schedule for Level 3 private securities; obtain pricing from approved valuation sources
• Manage sublease rental invoices: issue to subtenants, track receipt, and record in NetSuite
• Process 401(k) match true-up entries; manage ESPP stock expense accrual semi-annually
• Review and approve all bank reconciliations monthly: BONY operating, BONY CSA, BONY DTCC, BONY payroll, and other custodian accounts
• Monitor daily bank activity; approve daily cash receipt entries from accounting staff
• Reconcile the NFS main account and all sub-accounts; create roll-forward reconciliations and post NetSuite entries for positions, P&L, transfers, and as-of trades