Financial Controller

The Financial Controller will report directly to the Finance Director and will also need to maintain a close working relationship with the Managing Director.

Key Role and Responsibilities

• The Financial Controller will be responsible for the management of the Accounting, Back and Middle Office functions of the Futures division, currently a team of 6.

• Preparation of Corporate Financial Accounting, internal reporting together with the FCA reporting in accordance with internal and external requirements and regulations.

• Ensure that a robust system of internal controls exist and are adhered to, in order to comply to FCA regulations.

• Provide support and involvement with the ongoing developments and improvements in the various systems in order to improve efficiency and enhance performance. Current systems used ION/Eclipse/Back Office System.

Essential Duties

Daily tasks

• Prepare and analyse trading profit/loss reports.
• Daily reconciliation of segregated client money
• Daily financial resources calculation
• Banking oversight –seg-non-seg/reconciliations/Lloyds on-line
• Prudential Regulation and CASS developments
• FCA Gabriel system returns
• Prepare clearing broker Reconciliations.

Monthly tasks

• Prepare Vouchers for overhead accounting purposes including salaries, prepayments, pension, journals, depreciation etc
• Prepare the Monthly Management Accounts package in a timely manner using the ION/Eclipse systems, which includes analysis of the trading Profit/ loss, reconciliation of earnings before tax and review of expenses.
• Reconcile all balance sheet accounts at month end.
• Prepare debtors and creditors analysis.
• Provide Head Office with various reports, including forecasts, and balance sheet information
• Provide monthly UK VAT Returns

Year End tasks

• Preparation of the Annual Budget forecasting information, for the revenue streams and expenses.
• Prepare Annual / Statutory Accounts.
• Present the complete Year-end Accounts package, including tax analysis for Corporation/Deferred Tax
• Liaise with the external Auditors during the year-end Audit process.

Ad-hoc Projects

• Provide project support, assistance and cover for other team members when and as needed.

Qualifications and experience

The ideal candidate will possess the following:

· Accountancy qualification (ICAEW/CIMA/ACCA or overseas equivalent) essential.

· A current member of one of the professional accounting bodies

· Strong knowledge and understanding with International Financial Reporting Standards (IFRS)

· FCA regulations and CASS reporting essential

· Experience with client funds segregation

· Minimum 5 years of post-qualification experience in a Finance and Accounting function

· Financial services sector experience essential, brokerage experience highly desirable

· Controller or equivalent experience highly desirable

· Corporate accounting experience highly desirable

· Understanding of how to manage an internal control environment

· Intermediate to advanced level of applications software expertise (Excel and accounting software)

· Excellent interpersonal skills and a team player

· Strong organizational and management skills

· Ability to see the big picture while focusing on the process and procedures necessary to produce deliverables

· Meticulous attention to detail and accuracy in work product

· Ability to meet and establish deadlines

· Flexibility and the ability to thrive in a fast-paced environment

· Strong Communication skills essential.