Legal Entity Control

2 weeks ago


London, United Kingdom eFinancial Careers Full time

The Legal Entity Controllers within IBF&BM have primary responsibility for financial reporting and ensuring financial integrity within all Corporate & Investment Bank UK based legal entities, as well as ensuring a strong control environment exists as itrelates to all businesses, products and operational areas that impact the UK financial accounts.

The team are responsible for ensuring that all legal entity implications are considered for all transactions that flow through the entities. Individual members of the team are required to have a firm understanding of the products and business that use theentities. The team collaborate extensively with the Product and Business Controllers who have primary responsibility for the business activities.

KEY RESPONSIBILITES
- Monthly review of financial balances with business analysis and commentary for senior management.
- Standalone US regulatory reporting to the Federal Reserve Bank.
- Supplemental financial information for Corporate Reporting.
- Developing an understanding of the business and flows.
- Posting of LE level adjustments during the month-end close and on an ad hoc basis
- Develop and foster good working relationships with other departments in the bank including Product Control, Financial Control, Corporate Financial Reporting, Tax and UK Regulatory Reporting.
- Acting as point of contact for businesses with queries on financial matters. Building relationships across the Lines of Business.

SKILLS, KNOWLEDGE & EXPERIENCE
- Qualified accountant with PQE experience
- Preferably some experience of working in a monthly reporting cycle on either balance sheet or P&L
- Ability to work under considerable time pressure, whilst maintaining a high level of accuracy and quality.
- Excellent communication and organisational skills.
- Sound knowledge of PC based software packages, especially high level of proficiency in MS Excel e.g. pivot tables
- Strong analytical ability, being able to discuss results with product controllers and senior management.



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