Equities Controller Job in City Of London EC3a6aU, London UK
Equities Controller - Permanent position
Our Client is a leading Institutional stockbroker based in the City
This is not a typical product control role - there will be no production of daily PL's for example as this is covered by someone more junior, however someone with Product control experience is needed as the succesful candidate will be in charge of all accounting for the equities business.
Key tasks and responsibilities
- Reconciliation of the accounting records from the 3rd party settlement provider to internal trading records and subsequent integration to the general ledger;
- Reconciliation of the accounting records from the 3rd party settlement provider to internal trading records and commission database and subsequent integration to general ledger;
- Agreement of commissions to invoice settlement
- Compilation of trading information to allow validation of settlement charges
- Daily FSA risk calculations and completion of monthly FSA reports
- Daily trading cash forecast
- Providing up to date information to allow quick decisions to be made on approving unusual or extended trade settlements
- Working closely with settlements team and 3rd party settlement provider and rest of accounting team
- Follow up on issues identified by settlements controller
- Input to finance department reports including management accounts and weekly flash reporting
- Other ad-hoc accounting tasks
Experience qualities required
- Equity product control experience - vanilla products - cash equities
- Awareness of and experience in calculating relevant FSA risk capital
- Good excel, mathematical and reconciliation skills
- Good communication and report presentation skills
- Able to work in a small team providing cross cover for finance manager and settlements controller
- 2-4 years relevant experience
March 16, 2012
• Tags: Equities Controller Job in City Of London Ec3a6au, London Uk • Posted in: General