Product & Finance Control VP

Title: Product & Finance Control VP

Location: London

Duration: 6 Months (Initially)

Hybrid: 2-3 days in the office

Job Role:

Support the transformation of developing universal corporate & investment banking model through integration of securities trading activities into a single legal entity.

The role will require in-depth analysis to influence design and understand the impact on core finance activities, plus collaboration across project teams to solve problems and build understanding the bank's operating model.

Background:

The combination of external regulatory and internal reporting needs requires Financial Control to control and report on the firm's financial and trading activities in a regular, timely and accurate manner.

Finance & Control therefore has a number of internal and external stakeholders whose requirements drive its day-to-day work and our reporting timelines.

These reporting deadlines and activities are business-critical, and the department must be able to continue to commit to them while supporting significant change activities within the firm.

Accountabilities and Responsibilities:

• Enhance finance end-to-end control mapping and product accounting documentation.


• GL accounting mapping, configuration and testing through product lifecycle.


• Analysis and production of end-state balance sheet and PL modelling


• Support testing and validation of downstream reporting processes


• Understanding and contributing to period-end finance processes to successfully complete accurate financial reporting


• Develop and support UAT activities and scripting of go-live scenarios and runbook.

Knowledge, skills, Experience & Qualifications:

• Qualified Accountant


• 5 years+ prior experience in banking industry within Finance and / or Product Control


• Working knowledge of vanilla securities products and their accounting - Equities, Fixed Income, Derivatives, Swaps etc


• Basic securities valuations experience


• Period-end close and re-engineering the typical issues found within associated processes.


• Data analytics and Excel-based data manipulation i.e., large trade-based datasets, pivot tables, etc


• Reconciliations, break investigation and general problem-solving


• Ad-hoc reporting requests to Senior management and Front Office


• Stakeholder communication


• Systems: Gloss settlement and subledger system, plus any Derivatives system. MS Excel, and Access (less important).


• Testing/UAT participation from subledger / accounting rules engines / GL migrations

Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.

Pontoon is an employment consultancy and operates as an equal opportunity's employer.