Recently Qualified Accountant with Intercompany experience required for Global Controller opportunity at UBS recruitment
The successful applicant will be an integral member in the Finance Business Services (FBS) group being responsible for the Inter entity reconciliations
The FBS team is responsible for the month end close process for intra and inter-entity balances, including the monitoring and clearance of inter-entity derivative breaks.
As part of the Intercompany process the role entails the following:
Month end related:
• Ensuring all inter-entity balances are matched by both parties;
• Focused reconciliation on Non-cash collateral and commission breaks
• Performing detailed reconciliations to identify trade breaks within an inter-entity relationship;
• Performing matching of all trades highlighting those which require further investigations and/or journals to clear the breaks.
• Logging any issues which require further investigation intra month end;
• Working with Inter-Entity controllers to deliver Month End close.
Intra month end:
• Follow up on inter-entity issues which occurred over month end to ensure tactical and strategic solutions are put into place to resolve the break for future month ends;
• Maintain and develop trade reconciliations for the main derivative relationships;
• Reporting to management on resolution of issues
• Creating and enhancing reconciliations through Access Databases.
Liquidity and Funding
• Performing detailed reconciliations on collateral products to ensure that LF reports to the FSA are accurate and complete
This role requires an understanding of the front-to-back information flows for intercompany products; and will contribute to the development of overall Balance Sheet analysis.
Training will include on-the-job experience and on-line courses to improve product knowledge.
The applicant will also contribute to on-going improvements in the processes and controls; including driving incremental changes and supporting larger system development and implementation. To ensure an adequate control environment for these instruments.
UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.
We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position.
UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.