VP, Financial Consolidation & Accounting Systems Administrator

Cantor Fitzgerald, with over 16,000 employees, has been a leading global financial services firm at the forefront of financial and technological innovation since 1945. Cantor is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting, PIPE placements, commercial real estate, and for its global distribution platform. Capitalizing on the firm’s financial acumen and technology prowess, Cantor’s portfolio of businesses also includes Prime Brokerage, Asset Management, and other businesses and ventures. Cantor has consistently fueled the growth of original ideas, pioneered new markets, and provided superior service to clients. Cantor operates trading desks in every major financial center globally, with offices in over 30 locations around the world. As one of the few remaining private partnerships on Wall Street, Cantor has the distinct ability to focus on long-term value creation and solid relationship building. Our structure allows us to respond quickly to client needs, develop solutions that address complex challenges, avoid the limitations of bureaucracy, and attract talented individuals who are driven to succeed. About the Role The Vice President – Financial Consolidation & Accounting Systems Administrator will own and lead the firm-wide consolidation and financial close process across legal entities and regions. This role is responsible for the integrity, timeliness, and accuracy of consolidated financial reporting, as well as the strategy, governance and ongoing optimization of consolidation systems and related sub-ledger. Reporting into the Global Controller, the VP will serve as a key advisor to senior finance leadership, partner closely with business segment and legal entity controllers, IT, internal audit and external auditors, and lead a high-performing consolidation team. The VP will be responsible for the monthly consolidation process for CFLP, BGC and Newmark and activities supporting the month/quarter end close processes. Additionally, the role will work with cross functional teams to lead various initiatives to optimize reporting processes and strengthen internal controls over financial reporting. This position will further assist in leading the Consolidations team to automate and improve operational processes while creating innovative solutions to drive efficiency in month/quarter end close, legal entity financial statement preparation and analysis, intercompany reporting, and other accounting areas. The candidate will also be responsible for balance sheet substantiation. Responsibilities Own the monthly and quarterly global consolidation process, including eliminations, monthly consolidation entries, equity pickup, foreign currency translation, intercompany accounting, and GAAP and IFRS considerations across all regions for Cantor, BGC and Newmark, and overall CFLP consolidated. Ensure consistency and accuracy of consolidated results across segments, regions, and statutory frameworks. Identify and resolve intercompany breaks within HFM affecting automated eliminations. Maintain legal ownership hierarchy in HFM for Equity Pick Up (EPU) processing. Maintain and approve Global Chart of Account hierarchy reports housed in Oracle. Maintain data reconciliation reports between HFM and Essbase to ensure data integrity. Maintain the firm’s monthly balance sheet substantiation process. Provide technical guidance to Local Entity Controllers (LECs) on entity dissolutions, trial balance clearance, and compliance with global accounting policies. Establish best-in-class documentation, procedure and training documentation, and knowledge sharing across the IT and Finance teams. Collaborate with IT and cross-functional finance teams to ensure accurate and compliant accounting treatment. System Ownership & Transformation Serve as business owner for consolidation and close systems (i.e. Hyperion HFM, Essbase, Oracle-based tools and home‑grown tools). Lead major system initiatives with IT, including implementations, upgrades, migrations, parallel runs, and control redesign. Partner with IT to drive automation, reduce manual processes, and enhance data quality, controls, and auditability. Ensure strong governance over system changes, hierarchy maintenance, chart of accounts, and data integrations. Internal Controls, SOX & Governance Own and continuously enhance SOX controls related to the consolidation, close, and reporting processes. Partner with internal and external auditors to support audits, regulatory reviews, and control testing. Proactively identify control gaps, remediation plans, and process improvements. Process Improvement & Strategic Initiatives Drive continuous improvement initiatives to accelerate close timelines, improve transparency, and enhance analytical insights. Lead complex projects such as reorganizations, restatements, changes in reporting structure, and M&A‑related consolidation impacts. Establish and monitor close efficiency, data quality, and intercompany accuracy. Qualifications Bachelor’s degree in Accounting. 10+ years of progressive experience in financial consolidation, reporting, or controllership roles within a large, complex organization (financial services strongly preferred). Working knowledge and deep hands‑on expertise with consolidation systems (Hyperion HFM required). Understanding of financial systems, reporting and business processes (HFM, Essbase, Oracle, required). Demonstrated experience leading teams and managing through major system and process transformations. CPA is preferable. Experience supporting SEC reporting and regulatory filing. Big Four public accounting firm experience preferable. Advanced analytical and Excel capabilities; strong project management skills, and ability to multitask. Ability to prioritize and organize his/her own work to meet tight deadlines. Results‑oriented leader with continuous improvement mindset. Team player; diligent, motivated and reliable. #J-18808-Ljbffr