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Location: London

Functional Title: Product Controller

Hybrid 3 days in the office

Duration 6 Months

Department and Role Overview

The Product Control and Financial Control teams are responsible for the financial controls and reporting of the company and it's subsidiaries. These teams sits within the wider Finance group which also includes Regulatory Reporting and Treasury.

This P&L Reporting role sits within the Product Control team and includes many responsibilities which overlap with the functions of the Financial Control team.

It is an important role in the Finance department as a member of the team responsible for the principle face off to the Front Office traders for the daily P&L reporting of the Securities and Derivatives and related queries to relevant stakeholders of revenue information.

The products covered include Equity, fixed income, derivative, ECM and DCM related activity.

Key Job Functions

P&L reporting principally for derivative trading desk, but also providing support to other desk reporting tasks
valuation of securities portfolio and P&L reconciliations
reporting of P&L to front office and senior management
of General Ledger (GL) account balances for P&L and BS for related activity
and post GL journal entries for daily and month end close
of assigned Balance Sheet accounts and responsible for monthly substantiation of GL balances
accurate classification of balances on the P&L account and Balance Sheet (e.g. third party and related party classification and reporting)
and Quarterly revenue reporting support
to Back Reconciliations (FOBO) and break investigation
with other ongoing and ad-hoc work as required to support the Finance function.

Key Skills & Abilities

good knowledge and understanding of the securities and derivative products generally:
knowledge or experience in the following areas:
cycle events, terminology, booking models (end to end), daily revenue production in similar roles, reconciliation experience.
understanding of the GL accounting entries throughout the product life cycles
basic understanding of IFRS & JGAAP for fair value methods
part or fully qualified in a professional accounting qualification
Excel to a very high level (e.g. macros, pivots, efficient data manipulation / processing, reconciliations)
to pro-actively work through problems for oneself and deliver required output
to meet demanding deadlines with flexibility to work extended hours with little or no notice (early starts / late finishes)
to self-learn and navigate through systems
approach, attention to detail
confidence, keen desire and ability to identify and implement changes and improvements to processes.
to communicate and present technical / complex matters in a simple way to various audiences.
to work with a range of business functions
conduct with excellent interpersonal and communication skills.

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