AVP, Assistant Controller - SFS

Posted:
7/25/2024, 9:54:37 AM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

ABOUT SOTHEBY'S

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.

In addition, we offer Sotheby’s Financial Services (“SFS”), the only full-service art financing company. Sotheby’s Financial Services enables clients to unlock the liquidity in their fine art and collectible assets through technology and innovation. With the spirit of a fintech startup, the stability of a large established organization, and its position at the center of the art ecosystem, the SFS team unites around the goal of leading the future of art financial services.  We have a bold and exciting journey ahead, and we can't wait to make it happen together.

This role is a hybrid role (2-3 days in the office)

 

THE ROLE

As an Assistant Vice President (“AVP”) within the Sotheby’s Global Finance Team, you will lead the controllership function for Sotheby’s Financial Services.

The AVP will partner with SFS to ensure appropriate P&L and balance sheet management, oversee the ledger account management, bank reconciliation, and cash flow analysis for SFS, and ensure complete and accurate balance sheet and P&L monthly, quarterly and annual reporting.  You will also develop and review systematic reporting on financial results.

The ideal candidate can think analytically, build narrative, and synthesize quantitative and qualitative findings. You are comfortable working with Executive Leadership and collaborating cross functionally.

 

RESPONSIBILITIES

  • Support SFS to provide an accounting and financing function including leading the SFS monthly, quarterly and annual book close, as well as consolidating budgeting and forecasting provided by SFS into the broader Company consolidated reporting by working closely with the SFS finance team, divisions leaders, and relevant stakeholders.
  • Oversee and support the processing of routine transactions, ensuring accuracy and compliance with Company journal entry policy.
  • Facilitate the review of department spend with relevant SFS Department heads.
  • Oversee completion and review of all SFS balance sheet account reconciliations in order to support complete and accurate balance sheet and income statement reported results.
  • Lead the audit coordination with respect to Sotheby’s Financial Services.

 

IDEAL EXPERIENCE & COMPETENCIES

  • A bachelor's degree in accounting, finance or similar
  • CPA or Chartered Accountant certification required
  • 8+ years’ experience of Controllership and/or Accounting
  • Strong logical and analytical skills,
  • Experience with financial services or lending industries a plus
  • Solid communication skills
  • Ability to think creatively and critically and thrive in a fast-paced dynamic
  • work environment.
  • Excellent excel + PowerPoint skills strongly preferred with exposure to Tableau, SAP and HFM a plus
  • Intelligence + Humility

 

The proposed base salary for this position is $120,000-$140,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered.

 

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The Company is an equal opportunity employer and considers all applicants for employment without regard to race (including, without limitation, traits historically associated with race, such as natural hair, hair texture, and protective and treated or untreated hairstyles), color, creed, religion, sex, sexual orientation, marital or civil partnership/union status, national origin, age, disability, pregnancy, genetic predisposition, genetic information, reproductive health decision, sexual orientation, gender identity or expression, alienage or citizenship status, domestic violence victim status, military or veteran status, or any other characteristic protected by federal, state/province or local law. The Company complies with applicable state and local laws prohibiting discrimination in employment in every jurisdiction in which it operates.