Join our Product Control team and play a key role in product accounting and the associated Profit and Loss (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 Singapore, 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. You will ensure appropriate control and reviews for daily P&L production by undertaking the trader’s sign-off (asset classes: Energy and Credit Markets). You will be able to substantiate both daily and monthly adjustments held in P&L.
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
- Performing various reconciliation reports on a daily basis
- 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 Product Control Policies including those related to trading reserves, accounting adjustments and reconciliations
- 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 in GFS.
You will leverage your prior work 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.
About the Financial Management Group
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 affairs.
Our COVID-19 policy
In line with local regulations, all Macquarie employees in New York are required to be fully vaccinated against COVID-19 and provide proof of full vaccination in order to attend the office and to participate in external meetings and business travel in New York City, unless a reasonable accommodation is approved or as otherwise required by law. Outside of New York, proof of vaccination is not required to attend a Macquarie office, travel for business, or attend an external business event.
Our commitment to Diversity, Equity and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.
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, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.