Quick Overview
Seniority
Mid Senior
Employment type
Full Time
Work mode
Hybrid
Location
New York, NY, United States
Posted
Yesterday
External AuditFixed IncomeGeneral LedgerReconciliation
Job Description
Our client, a leading global financial institution, is seeking a Product Controller (Consultant) to join their Product Control team. This is a unique opportunity for someone with strong analytical skills and a passion for financial control to provide Profit & Loss and Valuation oversight across the firm's institutional businesses.
In this role, you'll be a key partner across Operations, Technology, and Market Risk — helping to develop and maintain the control processes that ensure accurate, well-governed P&L reporting and general ledger accounting.
Key Responsibilities
- Review and report P&L from trading activities; evaluate trader-supplied valuations, calculate and analyze P&L, and explain P&L movements
- Provide daily net revenue inputs to the management reporting group
- Conduct month-end actual vs. reported review and reconciliation
- Partner closely with Operations, Technology, and Market Risk to resolve issues
- Ensure proper accounting treatment of trading activity, including preparing/posting journal entries and performing the month-end general ledger close
- Support process and system improvement initiatives
- Understand process flows from front-end systems through the subledger to the General Ledger
- Ensure compliance with internal/external audit and regulatory requirements
- Provide ad-hoc reporting to senior management and identify opportunities for new management information (MI)
- Complete month-end duties to ensure the general ledger is accurate and all deadlines are met
Required Skills & Experience
- Proven ability to rationalize and re-engineer complex, spreadsheet-based processes
- Experience identifying control gaps and implementing improvements
- Strong technical and analytical skills, with MS Excel expertise and the ability to manage/reconcile large data sets
- Strong critical thinking and problem-solving skills
- Highly organized, with the ability to prioritize under tight, competing deadlines
- Daily P&L experience with strong understanding of equity and fixed income products
- Bachelor's degree in Finance or Accounting preferred
Preferred Skills
- Understanding of Independent Price Verification (IPV)
- Awareness of current market trends and regulatory changes
- P&L Attribution experience
- SQL and Visual Basic proficiency
- Familiarity with Oracle GL, Bloomberg, Sungard Phase 3, or FSS Spectrum
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