Controller

B. Riley Financial

Controller overseeing the accounting function and managing financial reporting. At B.

Posted 5/4/2026full-timeArlington • California, Virginia • 🇺🇸 United StatesSeniorLeadWebsite

Tech Stack

Tools & technologies

ERPNFS

About the role

Key responsibilities & impact

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

Requirements

What you’ll need

Bachelor's degree in Accounting, Finance, or related field
CPA preferred; active license strongly valued
7+ years of progressive accounting experience, including at least 3 years in a broker-dealer, investment bank, or financial services firm
Demonstrated hands-on experience with FINRA FOCUS Report preparation and filing
Working knowledge of SEC Rules 15c3-1 (net capital) and 15c3-3 (customer protection); familiarity with FINRA reporting requirements
Proficiency with NetSuite or equivalent ERP system
Strong command of GAAP, including ASC 606, ASC 718, ASC 820, ASC 840/842, and ASC 326
Demonstrated ability to manage a full monthly close cycle and deliver on-time results in a fast-paced environment
High proficiency in Microsoft Excel (pivot tables, VLOOKUP/XLOOKUP, reconciliation modeling)
Proficiency with Claude and other AI tools required; B. Riley is an AI-focused firm and candidates who are not yet proficient must demonstrate the ability and drive to get there fast.

Benefits

Comp & perks

Competitive base salary + quarterly bonus

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

accountingfinancial analysisjournal entriesaccrual accountingreconciliationdeferred revenueGAAPFINRA FOCUS ReportSEC Rules 15c3-1Microsoft Excel

Soft Skills

time managementattention to detailproblem-solvingcommunicationorganizational skillsability to work under pressureteam collaborationanalytical thinkingadaptabilityleadership

Certifications

Bachelor's degree in AccountingBachelor's degree in FinanceCPA