Lead Accountant

Position Overview:

BestEx Research Group, a prominent leader in the algo execution space, is seeking a highly detail-oriented and organized Lead Accountant to join our global team. This is a key role supporting the financial operations of our U.S. parent company, with responsibilities that span both day-to-day accounting functions and broader operational leadership.

As the Lead Accountant, you will ensure the accuracy and integrity of financial records and trade-related transactions. You will play a crucial role in maintaining compliance, streamlining processes, and supporting financial reporting requirements. As our local team expands, you will also take on leadership responsibilities—managing branch operations and mentoring a growing group of finance professionals.

This position offers a unique opportunity for an experienced accounting professional to make a meaningful impact in a fast-paced, collaborative environment. If you’re driven, adaptable, and eager to grow with an innovative company, we’d love to hear from you.

Key Responsibilities:

1. Transaction Recording & Maintenance:

● Accurately record and track all trade-related transactions, including commissions, clearing fees, execution fees, and other trading expenses.

● Input daily financial data into QuickBooks Enterprise, ensuring proper classification of accounts and financial entries.

● Ensure strict compliance with US GAAP and industry regulations, ensuring accurate financial transactions and reporting.

2. Reconciliation & Account Management:

● Regularly reconcile bank and brokerage accounts, verifying consistency with trade records and statements from external partners (e.g., clearers, brokers).

● Monitor cash flow related to trading activities, ensuring accurate documentation and timely reconciliation of all transactions.

3. Accounts Payable & Receivable:

● Process vendor invoices with precision, ensuring they are accurately documented and paid

on time.

● Generate and send client invoices for trade-related services, and proactively follow up on

outstanding balances.

● Maintain aging reports, assist in collections, and engage with clients effectively to resolve

any issues related to unpaid invoices.

4. Financial Reporting & Analysis:

● Assist in preparing comprehensive monthly, quarterly, and annual financial reports for management review.

● Generate detailed reports on trade activity, including profit/loss statements, fee breakdowns, and commission structures.

● Analyze financial trends, providing insights to help the team assess operational efficiency and profitability.

5. Audit & Compliance Support:

● Support internal and external audit processes by providing accurate documentation and ensuring all financial records are compliant.

● Help maintain adherence to tax regulations and accounting standards to ensure smooth and efficient audit cycles.

6. General Financial Support:

● Provide administrative assistance to the finance team by completing ad-hoc tasks such as

financial analysis, reporting, and data entry.

● Organize and maintain financial files, ensuring that documents and reports are easily

accessible.

7. Finance Operations Management:

● Oversee and manage all day-to-day operations of the finance function within the Bengaluru

branch, ensuring accuracy, efficiency, and compliance in all financial workflows.

● Supervise and mentor the local finance team, providing guidance, support, and professional

development in alignment with company-wide financial goals and standards.

● Develop and implement finance-specific operational strategies to enhance productivity,

streamline processes, and support global reporting requirements.

● Monitor performance against key financial and operational metrics, ensuring the team

consistently meets internal deadlines and service level expectations.