Join our Product Control team as a Manager and play a key role in product accounting and the associated P&L production and analysis for the trading activities within Macquarie Group located in Jacksonville, FL.
Covering mainly trading desks based out of Houston, London, New York and Toronto, this function is involved in providing daily P&L reporting, daily system and ledger reconciliations and controls, performing the month end General Ledger close and monthly balance sheet analysis. This role requires close and efficient interaction with the Front Office, Middle Office and IT as well as other parts of Finance, including Financial Control, on a daily basis to ensure the timely and accurate financial reporting of the Macquarie trading businesses. You will also write commentary for material P&L on a daily basis as and when required using business knowledge.
Your management responsibilities may include oversight of a team of 2 to 4, with responsibility, ownership and accountability for various product categories and regions. You will ensure appropriate control and reviews for daily P&L production by undertaking the trader’s sign-off (asset classes à equities, credit and energy).
You will ensure the teams are performing timely lock down of daily and monthly P&L. You will be able to substantiate both daily and monthly adjustments held in P&L and control accounts. In addition, you will engage with the business teams and external stakeholders, as well as demonstrate the ability to independently deal with and resolve issues with appropriate escalation.
Further responsibilities will include:
- reviewing monthly balance sheet, with substantiation and potential financial exposure
- reviewing various reconciliation reports on a daily basis, management packs and ad hoc reports
- reviewing daily and month end Journals for accrual, provision and true up
- Writing daily commentary for material P&L and attribution analysis
- taking responsibility for the quality of work submitted and ensuring that the highest standards are maintained
- ensuring adherence to SLA’s, KPI’s, internal metrics and Financial Management Group wide policies
- developing and maintaining effective controls over daily P&L reports
- regularly facing off with Traders, Trading Finance Management, regional finance team and various internal stakeholders
You will leverage your management experience to cultivate relationships with internal stakeholders, take regular feedback, as well as anticipate and understand issues and escalate appropriately for timely resolution. In addition, you will manage strong relationships with Support teams (trading finance IT, trading finance operations, trading finance risk) and bring synergies by interacting and integrating with cross functional teams.
You’ll bring a postgraduate bachelor’s degree, coupled with a professional accounting qualification, such as a CPA is preferred. With 6+ years of experience, including demonstrated people management experience, you will have a strong understanding of financial market products such as equities, energy, commodities and credit. Lastly, you will possess the ability to develop, implement and maintain effective and standard operational processes.
If you are looking to excel your career within a high performing and global environment, please apply online now.
For more information, please visit www.macquarie.com/careers
The Financial Management Group provides financial, tax and treasury services to all areas of Macquarie. The group is focused on providing strategic analysis and advice to Macquarie's businesses and senior management, managing Macquarie's funding, liquidity and capital position, ensuring Macquarie continues to meet regulatory and compliance obligations and managing Macquarie's corporate communications and investor relations.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, or protected veteran status. Macquarie takes affirmative action in support of its policy to hire and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities.