Description
Financial Controller, Legal Entity Controller, IFRS, US GAAP
Major Custodial Bank is looking to appoint and Experienced Legal Entity Finance Controller on a 12 month contract in their Manchester Offices. The team are involved in all aspects of LE reporting including statutory financial statements, internal reporting (to management and to the Boards) and local GAAP accounting. The remit of the team is oversight, insight and communication around the legal entities assigned to them. The team is also responsible for managing the external audit process.
The Legal Entity Controller is responsible for the following:
- Oversight of and contact point for assigned legal entities
- Insight into the results and dynamics of the assigned entities
- Communication of results and issues both verbally and in written form
- Key responsibilities relate to the production or review of daily, monthly, quarterly and annual reports in local and US GAAP working on certain UK Asset Management entities.
Responsibilities:
Statutory Financials
- Ownership of the annual financial statements process for assigned entities
- Provide guidance and review work from the offshore team
- Ownership of centralised audit processes eg directors' emoluments
Governance
Governance and Oversight of the control environment of the legal entities
- Quarterly Board pack reporting
- Monthly Reporting
- Oversight of results for certain legal entities over the month end close, escalate and resolve issues.
- Review of variance analysis produced by offshore team to provide meaningful analysis of different aspects on the legal entity financials
- VIE accounting oversight and review
- UK Asset management group consolidation process owner
- IFRS reconciliations process owner
- UK Asset Management Group ICAAP (Boutique validations/consolidation oversight)
- Legal Entity Restructuring (Accounting oversight) eg Liquidations, transfers, dividends, capital reductions
- Accounting change (IFRS working group)
- SOX document business Co-ordinator
Qualifications
Requirements:
Technical Skills, Knowledge, Systems Knowledge (and associated skill level)
- Qualified accountant with audit and accounts preparation experience.
- Strong book keeping and controls experience essential
- Financial services and or banking experience preferred
- Strong technical accounting knowledge, with IFRS deemed essential; US GAAP exposure would also be desirable.
Academic/Professional Qualifications
- Accounting qualification (ACA/CIMA/ACCA)
Job Specific Competencies
- Adaptable, flexible and proactive
- Good communication and interpersonal skills
- Good decision maker, responsible and accountable
- Deadline driven with effective time management and ability to work under pressure
- Client orientated and results focused
- Attention to detail
- Able to manage risk in a highly regulated and controlled environment
- Ability to establish and develop effective relationships
- Highly motivated, fast learning and proactive with an ability for problem solving
If you wish to apply for the above position, please call me or email.
Please be advised if you haven't heard from us within 24 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 a global HR outsourcing company specializing in improving an organization's talent. We manage the contingent workforce and statement of work resources on behalf of our clients, as well as source and recruit direct hires. Pontoon's approach results in significant cost savings and revenue improvement, increased worker quality, workforce insight and greater regulatory compliance. A division of Adecco with operations in nearly 100 countries and with more than 1,500 colleagues worldwide, the Jacksonville, Florida-based organization delivers solutions to more than 150 industry-leading companies.