Senior Management Accountant - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

**Role Summary:This role is within the Business Unit Control team and will be responsible for assisting in the delivery of the Front Office Compensation process flows and reporting. This role will have a primary focus on the calculation, accounting and payment of frontoffice bonuses, helping to drive process efficiencies and substantiation of the Balance Sheet.

**Profile Criteria: - Good communication and influencing skills with stakeholder management experience (stakeholders will be internally within finance, front office staff, senior management, etc.)

An individual with a good understanding of accounting fundamentals and principles
Ability to work in a fastpaced and dynamic environment
Confident user of Excel with Oracle or Hyperion being a beneficial (but not essential)

**Some of the position's responsibilities and coverage: - Responsible for the end-to-end Front Office Compensation Process for assigned asset classes.

This will include the calculation and accounting for the following:

Accrue Front Office variable bonus in accordance with employment contracts.

Distribution of variable bonus statements to the Front Office in line with contractual payment cycles. Manage the submission of Front Office bonus payments to payroll.

Calculate and record Front Office Equity deferrals

Take ownership for control and sign off on Front Office Compensation for assigned asset classes reported within the Financial Performance of assigned Legal entities and business divisions.
Proactively assist in the Front Office Compensation automation project. This will be a key project within Business Unit Control to improve process efficiency, implement robust controls and reduce risks which exist in the current manual process. This willrequire collaborative working across Finance, IT, the Business and Senior Stakeholders.
Ensure all Front Office Compensation Processes are documented and reviewed.
Prepare Balance Sheet reconciliations, ensure reconciliation of all balances back to the relevant calculations and records.
Assist in the preparation of annual Budgets and Forecasts for P&L and Balance Sheet, ensuring full understanding of key Front Office Compensation changes.
Ensure an effective risk and control framework is embedded to support our processes.
Engagement with yearend audit process.
Build and maintain professional relationships with the EMEA Finance Team and other key stakeholders. There should be clear communication and adoption of Group Accounting Policies and ensure the Expenditure Control Framework is adhered to at all times.
From time to time, you will be asked to undertake any other reasonable duties as required within this role.