Job description
Financial Controller
Are you a qualified Accountant within the Banking/Investment Banking sector looking to step up to a Financial Controller role?
Following the merger with a major bank, our client is looking for a Financial Controller in their London team.
You will primarily be responsible for compilation and analysis of legal entity books and records within two regulated entities - focusing on the Execution Services and International Prime business. These businesses are undergoing considerable growth and will soon be adding several new products lines - you will actively be involved in building out the supporting finance processes and controls for these.
Primary responsibilities:
- Preparation, analysis and properly document the month-end close in accordance with GAAP and FRS102. This will include reconciliation and substantiation of balance sheet accounts for both legal entities.
- Review month end balance sheet & income statement are accurate with respect to correct GAAP & regulatory treatment.
- Prepare journal entries and working papers to ensure that the general ledger activity is accurate and complete.
- Prepare and enhance monthly and quarterly MI including preparing commentary and analysis
- Assist in the preparation of Corporation Tax and VAT returns.
- Work closely with the Treasury, Accounts Receivable & Accounts Payable department to ensure all bank, monthly billings & customer invoices reconciliations are accurate.
- Review, reconcile and settle Intercompany accounts and transfer pricing activity.
- Preparing annual statutory accounts and disclosures for both entities.
- Assisting with audit requests including preparation of reconciliations, organising documents and responding to inquiries.
- Participate in the implementation of new accounting and reporting processes, procedures and controls.
- Maintain strong internal controls and keep process documentation up to date
- Support special broker dealer projects and ad hoc reporting as required - including additional automation of financial accounting processes.
Experience Required:
- Minimum 5-8 years' experience in a financial services firm performing an accounting / finance role - experience within a broker dealer or prime brokerage business would be highly preferable
- Recognised accountancy qualification (ACA / CIMA / ACCA) essential
- Excellent knowledge of capital markets products (Prime Brokerage, OTC derivatives, Listed Futures and Options, FX etc) and the accounting/reporting of these products
- Understanding of public company Sarbanes-Oxley controls and importance of adherence to them
- Highly proficient with Microsoft Excel
- Ability to work within deadlines while still providing a high-quality work product
Inventum Group is acting as an Employment Agency in relation to this vacancy.
