Product Controller

Description:

A Financial Services client of ours is looking for a Product Controller at VP level or equivalent to be based in their London office (Three days in the office).Will be responsible for production and review of daily desk P&Ls and commentaries, monthly balance sheet substantiation and review, monthly and quarterly performance reporting and analysis, quarterly broker pay sheets.

Key responsibilities:

• Ownership of daily P&L, related controls, month end close processes for markets and brokerage businesses. This includes controls around cost of trades, desk bonuses and analysis of expenses.
• Build and maintain relationships with both Front Office and other control areas including Risk, Treasury, FP&A, Tax and Operations and gain commercial understanding of the relevant businesses and their operational processes.
• Prepare and review monthly bonus calculations for relevant profit centres.
• Prepare or review balance sheet substantiation ensuring all allocated accounts are fairly represented considering legal entity, completeness, valuation and balance sheet classification
• Production of periodic MI and commentaries for senior management.
• Improve/automate Product Control processes by understanding non/semi-automated processes, designing automated processes and deliver improvement working with relevant technology teams.
• Assist in internal and external audit activities.
• Onboard new desks and help with their integration.
• Ensure all Product Control activities are documented in sufficient detail and are always kept up to date.

Skills and experience required:

• ACA Qualified accountant (or equivalent)
• In depth understanding of product control processes, systems and frameworks
• Analytical and accounting skills
• Ability to interact with senior management and Front Office staff
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.