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.