(AVP) Financial Accounting Manager with Audit background (5/10 Years exp) recruitment
The role is required to take legal entity accounting responsibility for capital markets legal entities, including financial reporting, accounting bookings and controls, chart of accounts definition etc .
Company background
Our Clients Global Markets business operates out of a number of different entities and branches in the UK, which are covered by a combination of US and UK regulators.
The current GM business includes FX, Money market, Futures / ETD, Agency Sec Lending, Sales Trading, Portfolio Solutions desks. They also have a Treasury desk which provides liquidity to all the UK business which holds a significant portfolio of securities.
The Global Markets finance team provides the following functions:
• Full legal accounting and financial control framework for UK domiciled companies.
• Business unit financial and management decision support to UK business
• Product control and valuations
• Treasury and liquidity financial control (securities portfolio, liquidity MI)
Job role responsibilities
- Oversight of all financial accounting of UK Global Markets activities in a number of legal entities
- Legal entity controller for companies (and funding company),
- Define Oracle chart of accounts for new companies, in accordance with relevant IFRS accounting standards
- Responsible for the accurate accounting controls
- Decision support for Global Accounting issues / queries
- Key involvement in IFRS conversion for these entities
- Complete ownership of month end tasks
- Preparation of month end files to support certification
- Analysis of Balance Sheet and PL (daily monthly)
- Analysis and understanding of intercompany balances and group eliminations
- Accounting for capital markets legal entities, including consolidation of Securities companies into London branch
- Supervision of Daily PL reporting
- On-going enhancement and documentation of daily / monthly control processes
- Year end and internal and external audit support
- Support Quarterly SOX self-assessments for accounting controls
- Ad hoc projects tasks
Qualifications
• Degree Educated (numerical / analytical subject)
- ACA qualified, with significant accounting PQE
- Good IFRS knowledge
- Financial reporting (statements, disclosures) experience
- Understanding of technical accounting for consolidations and ideally also for treasury products
Background
- Audit back ground very strongly preferred, ideally working on small financial services companies covering all aspects of the audit and financial reporting
- Technical accounting experience, including consolidations of companies and treasury products
- Good knowledge of IFRS
- Experience with accounting ledger systems (e.g. Oracle, SUN)
- 5-10 year’s experience in a finance services role
- Knowledge of Global markets products (FX, treasury, Futures) useful but not required
- Good understanding of accounting standards (UK/USGAAP )
- Understand of Sox requirements and balance sheet certifications
- Experience with sub ledgers and source systems
- Exposure to operational processes an advantage (Cash settlement, Nostros)
- Stakeholder management and decision support experience
- Proficient in Microsoft Excel ( Access an advantage)