Job Description
Liquidity, Investments & Funding Controllers (LIFC) are responsible for controlling and providing business support for the funding arms of the Firm and is part of the Global Corporate Controllers & planning (GCCP) Finance organization.
An opportunity exists in the Cash/Bank & Deposit Controllers team, which is responsible for the reconciliation, reporting and analytics of the Firm Cash & Cash Equivalents & Deposits for Balance sheet and P&L. The team is also responsible for analysing and reporting material breaks to the Legal Entity Officers or controllers as a part of the risk guardianship roll. Primary clients are Finance Senior Management, Corporate Treasury and the finance teams of the Business Units they fund (Wealth Management, Investment Management and Intuitional Securities Group). The role provides an excellent opportunity to interact with and understand the working of core businesses and Balance Sheet with exposure on Deposit / Cash & cash equivalent balances.
- Responsible for reconciliation and analysis of the cash at bank accounts, deposit accounts & control accounts at a consolidated firm level and legal entity level.
- Responsible for clearing of breaks (breaks between books and bank/ 3rd party) as well as accurate reporting in the books of accounts at month, quarter and year ends
- Liaising with other controllers/Ops, IT teams to understand the breaks and work within strict and stringent timelines to clear the same.
- Attest/assist/verify the Deposit/ Cash or bank numbers for various internal and external disclosures and reports.
- Responsible for consolidating daily (during month ends) review packs for global cash controllers.
- Ad hoc management projects will be assigned
This is not an exhaustive list of tasks, and responsibilities may change in line with the team and business needs
Skills required:
- Strong academic background including a Graduation in Commerce
- Attention to detail, accuracy, and strong sense of urgency
- Analytical mind set and good problem solving skills
- Risk aware and good guardianship skills
- Ability to critically evaluate processes and controls and make suggestions for improvement
- Ability to work to deadlines
Qualifications desired:
- Bachelor of Commerce or equivalent degree (specializing in Accounting and Finance)
- Preferred 3-5 years financial experience (Reconciliation Background an advantage)
