AVP-Legal Entity Accounting and Review # 136193

Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.

We Offer

The Legal Entity Controllers sit in Legal Entity Accounting and Review (LEAR) and are the main point of contact to the stakeholder managers for all financial information, including both routine and ad-hoc requirements, related to a single or a group of Legal Entities.

LEAR’s purpose is to support the Group Finance team and the Regional Legal Entity Finance teams in the fulfilment of their reporting and governance responsibilities via the delivery of materially accurate, policy- and GAAP-compliant core financials and baseline analytical review.

They are accountable (for a given Legal Entity or group of legal entities) for ensuring that financial reporting processes and controls in place within Financial & Management Accounting & Reporting (FMAR) are fit for purpose and that the quality of the outputs produced as a result meets stakeholder requirements (accurate, timely, etc).

Legal Entity Controllers are within and part of the process owner organisation.

• You will maintain close legal entity books and records in accordance with local and group accounting policies and timelines and local and group materiality.
• You're role will require you to ensure compliance with US, Swiss, IFRS and local GAAPs and regulatory reporting where applicable; the LEC will draw on the expertise of the Accounting Policy and Assurance Group (APAG) and the business partners as required;
• You will conduct first level of challenge and analyze information provided to gain reasonable assurance as to the quality and reliability of the information being obtained as necessary (e.g. ensure data integrity, conduct baseline analytical review, check key performance indicators adequacy; ensure appropriate hands-off, etc). Further, the LEC needs to understand potential hand-off related issues and ensure relevant functions understand the consequences;
• Work closely with other upstream departments such as Operations, Product Control, Tax, Payroll, and others as applicable and with regional stakeholder Managers;
• Place reliance on process owners within FMAR and consider process outputs/ KPIs/dashboards in order to satisfy themselves with the outcome of the full set of FMAR processes for their entity.
• You have a deep understanding of the significant controls and processes within control and reporting that impact the entity, you obtain comfort that control improvement plans and put it in place wherever control issues are identified. You will bring up control issues in upstream functions to the relevant departments to ensure appropriate remediation plans are established and executed
• Collaborate effectively with various Group Finance Process Owners and find optimal solutions where problems are identified.
• Understanding business partners requirements by engaging with them and ensure that the requirements are delivered effectively. Manage expectations through timely communication of any significant issues with regional business partners
• Provide SME input into the new business process coordinated by the Finance Change/Group Finance Regional stakeholder manager.
• Dedicatedly support organisational change initiatives and constantly review processes for efficiencies by challenging status-quo of existing processes/practices.
• Educate staff members of the objective/purpose of the tasks assigned to them. Appropriately monitor staff work so as to ensure that the right tasks are performed within the control framework laid down by the Firm.
• Build a high performance team by constantly coaching, mentoring and developing staff members.
• Provide clear direction to the team on the day to day operations
• Operating within our Conduct & Ethic standards, being aware of operational risk, raising when any identified with a focus on striving for operational excellence and working with the wider team on constant improvement.

You Offer

• You possess the knowledge of US, Swiss, IFRS and local GAAP accounting and regulatory requirements;
• You have a deep understanding of key aspects associated with the financial documents of the legal entity
• You know about key processes that feed the legal entity reporting-relevant data and the related hand-offs amongst other departments;
• Knowledge of reporting systems and respective upstream feeds including an understanding of potential impacts on the end-to-end reporting flows
• Knowledge of the key processes for maintaining the accounting ledgers of the legal entity. The LEC should understand the data flows and related financial accounting controls for material and/ or higher risk balances within a legal entity’s general ledger;
• You have appropriate product knowledge and a deep understanding of control standards by which the legal entity and firm is governed, including those established by the Pan Finance OpRisk Control & SOX 404 Compliance function;
• You have an experience in managing teams
• You have a professional accountancy qualification along with an equivalent work experience of a minimum of 6+ years of post-qualification
• You are a dedicated and ambitious individual with the ability to multitask in a complex and dynamic work environment and are an excellent problem solver
• You have a positive working attitude and good team management skills and are highly motivated
• High level of integrity, sense of urgency, attention to detail and quality standards
• Expert Knowledge of ERP

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

For further information, and to apply, please visit our website via the “Apply” button below.