Group Financial Controller

Michael Page

  • London
  • £90,000 per year
  • Permanent
  • Full-time
  • 1 month ago
  • Apply easily
Job Summary of this Group Financial Controller role in the Financial Services sector in London:The person in this role will lead our finance team and will be a key driver ensuring the team output is efficient and accurate as our business expands globally. This role requires first class skills in finance, regulatory reporting and executive presence / corporate governance.Key responsibilities of this Group Financial Controller role in the Financial Services sector in London:
  • Lead all global financial operations within the company including billing, A/R, A/P, general ledger, intercompany balances and other monthly journals and accruals for related multi entities companies in the holding structure and a small charity
  • Responsible for month end, year-end close and auditing, the preparation of timely monthly management financial statements and all regulatory reporting such monthly, quarterly and annual balance sheet and income statements for multi entities
  • Establish and maintain financial controls, policies and procedures for the company, ensuring quality control over financial transactions and financial reporting
  • Manage all reporting deadlines for US and UK regulated entities are met (NFA and FCA returns) and facilitate any audits and queries that follow
  • Manage and comply with local, state, and federal government reporting requirements and tax filings in the UK and the US
  • Audit current payroll processes and global payroll providers; automate and streamline processes where possible assuring adherence to regulatory requirements; explore global automation to seamlessly integrate with HR platform
  • Oversight of the payroll process for employees globally and Charity, including relationship with external parties, ensuring accurate processing of payroll including new hires, leavers, benefits, variable payments and pension
  • Responsible for accounting for front office variable bonus awards, and ownership of all GL accounts relating to broker compensation.
  • Calculation of all variable bonus accruals across the company, ensuring compensation ratios are in line with bonus schedules, including full reconciliation of brokers' costs included in the GL to those in bonus accrual calculations.
  • Ensure all general ledger entries relating to broker compensation are booked and reconciled
  • Provide a full variance analysis of accruals vs cash and equity awarded to facilitate senior managements adjustments of accrual levels.
  • Deep dive of accounting system and processes and make recommendations
  • Oversee the financial planning, budgeting and forecasting processes. Providing insight and variances reporting.
  • Provide commercial and strategic support to senior management and directors through preparation and presentation of regular board packs
  • Challenge assumptions and decision making-where appropriate and provide financial analysis on guidance on all activities, plan, targets and business drivers
  • Assist and support with responsibilities for other entities including those in Shanghai and Singapore as required
  • Manage Accounts Clerk and Management Accountant, providing feedback, coaching and development
  • Complete any mandatory training required by the company and required deadlines
  • Perform any other reasonable duties the company may require
The Company is committed to maintaining a Positive Work Environment |Attractive packageThe ideal candidate for this Group Financial Controller role in the Financial Services sector in London:
  • Qualified accountant (CIMA, ACCA or equivalent)
  • Financial Services industry experience and understanding of the markets in which the company operates
  • Strong leadership, mentoring and influencing skills; drive productivity in team
  • First class Excel skills and comfortable manipulating large quantities of data
  • Develop and improve efficient and well-controlled processes
  • Excellent problem-solving skills, with the ability to make informed decisions by translating complex financial data into meaningful insights and recommendations
  • Good understanding of new accounting standards and principles
  • Proactive approach, challenge decisions as appropriate
Michael Page are partnering with a reputable Financial Services Firm to assist them in hiring a Group Financial Controller for their Central London based team.For this Group Financial Controller role, in the Financial Services Sector, the Company offers:
  • Attractive package
  • Positive work environment
We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.

Michael Page