LPL Financial

AVP, Accounting & Cash Reconciliation

Fort Mill/Charlotte Full time

Lead with Purpose, Unlock Your Team’s Passion

At LPL, people leaders hold the key to the employee experience — shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win – clients, LPL, and most importantly our, employees.

If you're ready to lead with intention and discover what’s possible, LPL Financial invites you to apply today.

Job Summary:

LPL Financial is seeking an Assistant Vice President (AVP), Accounting & Cash Reconciliation to lead critical components of the Firm’s corporate accounting close, cash and asset reconciliation operations, and financial control environment. This role oversees daily reconciliation activities, G&A month‑end close, SEC Rule 15c3‑3 Customer Reserve calculations, and internal control compliance.

The AVP plays a key leadership role in delivering accurate, timely financial results, ensuring strong internal controls, and driving process excellence across a high‑volume, deadline‑driven environment. This position partners closely with FP&A, Treasury, Tax, Operations, Audit, and Regulatory Reporting while leading a multi‑location accounting team through a period of modernization, automation, and accelerated close timelines.

Key Responsibilities

Accounting Close & Financial Reporting

  • Lead monthly, quarterly, and annual close cycles with timely, accurate financial results.

  • Oversee journal entries, accruals, reclasses, and reconciliations across assigned G&A cost centers.

  • Review and approve balance sheet reconciliations and financial variance analyses.

  • Ensure compliance with U.S. GAAP, internal policies, and regulatory requirements.

Cash & Asset Reconciliation Oversight

  • Lead end‑to‑end daily reconciliation of cash, clearing, suspense, and asset accounts.

  • Review and resolve breaks, aged items, and exceptions in accordance with firm policy.

  • Oversee interest, corporate actions, and cash‑related activity.

SEC Rule 15c3‑3 Customer Reserve Calculation

  • Oversee daily reserve formula preparation and review.

  • Validate segregation requirements and debit/credit computations.

  • Coordinate timely funding movements with Treasury.

  • Maintain documentation, controls, and audit support.

Governance, Controls & Compliance

  • Maintain a strong internal control environment across accounting processes.

  • Ensure SOX compliance and support audit requests, walkthroughs, and remediation.

  • Strengthen policies, documentation, and control frameworks.

Cross‑Functional Partnership

  • Serve as an accounting liaison to FP&A, Operations, Treasury, and business units.

  • Provide accounting guidance and support forecasting, budgeting, and new initiatives.

Team Leadership & Development

  • Lead and develop a multi‑site team across Fort Mill and San Diego.

  • Set priorities, delegate effectively, and drive accountability and performance.

  • Support daily operational deliverables, including reconciliations and reserve filings.

  • Foster a culture of collaboration, growth, and continuous improvement.

Systems, Process Improvement & Automation

  • Lead enhancements to systems and workflows to improve accuracy and efficiency.

  • Drive automation of reconciliations, journal entries, and reporting.

  • Support UAT, system upgrades, and data quality validation efforts.

Audit, Regulatory, and Project Support

  • Support internal/external audits with schedules and analysis.

  • Assist in regulatory reporting as needed.

  • Contribute to strategic finance initiatives, system implementations, and process redesign.

What are we looking for?

We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Requirements:

  • Bachelor’s or Master’s in Accounting, Finance, or related field

  • 7–10+ years of accounting or financial reporting experience

  • Understanding of U.S. GAAP, close processes, and internal controls

  • Experience leading teams in a high‑volume, deadline‑driven environment

  • Excel and experience with major ERP systems (e.g., Oracle)

  • Ability to manage accelerated close timelines and shifting priorities

Competencies

  • Analytical and problem‑solving capabilities

  • High attention to detail with the ability to simplify complex processes

  • Effective communication and stakeholder management

  • Ability to lead teams through pressure and tight deadlines

  • Integrity, sound judgment, and commitment to operational excellence

Preferred

  • CPA strongly preferred.

  • Experience in broker‑dealer, banking, or financial services organizations.

  • Experience with Oracle, Hyperion, BETA, Kyriba, Trintech, Blackline, or similar systems.

  • Ability to pass the Series 99 Exam

  • Background in SOX, audits, or regulatory reporting.

#LI-PA


     

    Pay Range:

    $99,807-$166,345/year


     

    Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!


     

    Company Overview:

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

    For further information about LPL, please visit www.lpl.com.

    Join LPL Financial: Where Your Potential Meets Opportunity

    At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

    Why LPL?

    • Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

    • Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

    • Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

    • Impactful Work: Our size is just right for you to make a real impact. Learn more here!

    • Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

    • Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

    • Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

    Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

    Information on Interviews:

    LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum.  During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card.  Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.

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