Product Management Controller
2 weeks ago
At Marex Spectron, we are seeking an experienced Product Management Controller to join our team.
About Us
Marex Spectron is a leading global financial services platform, providing essential liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets. Our unique combination of expertise, technology, and global presence enables us to deliver innovative solutions that meet the evolving needs of our clients.
About the Role
We are looking for a senior and experienced Product Management Controller who will be responsible for production and review of various daily desk profit and loss statements (P&Ls) and commentaries, monthly balance sheet substantiation and review, monthly and quarterly performance reporting and analysis. The successful candidate will provide effective control of revenues and costs, including trading, commission income, costs of trading (COT), and bonus calculations.
Key Responsibilities
- Preparation or review, analysis, and reporting of daily P&L and related commentaries
- Assist in reviewing daily consolidated Group P&L
- Build and maintain relationships with both Front Office and other control areas, including Risk, Treasury, FP&A, Tax, and Operations
- Prepare or review monthly bonus calculations for relevant profit centers, obtain sign-off from respective desks and Finance management, and submit to HR by payroll cut-off date
- Prepare or review balance sheet substantiation, ensuring all allocated accounts are fairly represented, considering legal entity, completeness, valuation, and balance sheet classification
- Improve/automate Product Control processes by understanding non/semi-automated processes, designing automated processes, and delivering improvement working with relevant technology teams
- Assist in internal and external audit activities
- Ensure all Product Control activities are documented in sufficient detail and are kept up-to-date at all times
Requirements
- ACA Qualified accountant (or equivalent)
- In-depth understanding of product control processes, systems, and frameworks
- Excellent team player
- Good attention to detail and problem-solving skills
- Analytical and accounting skills
- Good written and verbal communication skills
- Ability to interact with senior management and Front Office staff
- Proficient in MS Excel and use of GL systems (ideally PeopleSoft) and FO/BO systems
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
Competencies
- A collaborative team player, approachable, self-efficient, and influences a positive work environment
- Demonstrates curiosity
- Resilient in a challenging, fast-paced environment
- Ability to take a high level of responsibility in a fast-paced and high-volume environment
- Excels at building relationships, networking, and influencing others
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Estimated Salary: £80,000 - £110,000 per annum
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