Job Description

Basic Purpose of Job:
The candidate will be responsible for all aspects of US GAAP, IFRS and reporting for Capital Markets products. This individual will develop extensive operational knowledge and provide subject matter expertise in the area of accounting related to the products which includes:

• Securities Lending
• Credit Enhancements
• Repo/Reverse Repo

In addition to Business as Usual (BAU) responsibilities as described above, this role will identify opportunities for standardization, and automation efforts.
Responsibilities & Tasks Include:
BAU activities:
Develop the team to adopt "owner's mind set", work independently, and effectively manage timelines * May be required to provide accounting analyses or research on critical and complex issues which may include variance analysis of accounting transactions related to the products supported

• Develop subject matter expertise in all aspects of the products under responsibility including operational aspects of a particular accounting transaction
• Participate in or manage function specific projects as needed
• Ensure high quality and completion of deliverables within the committed timeframe. Team deliverables revolve around

Daily activities:

• Monitor and Report Securities Finance daily activities

Weekly activities:

• Book settlement journal entries
• Mid-month-revenue estimates

Monthly activities:

• Coordinate month-end close including prepare manual journal entries and export accounting system reports
• Review/Prepare account reconciliations and certification
• Process/Review SSIM Management fee invoices
• Prepare working files related to Agency Lending and Prime Services businesses

Quarterly activities:

• Prepare Regulatory, SEC, and Internal reporting
• Perform CCAR CFO attestation control testing
• Perform SOX control testing
• Process other quarterly activities

Annual activities:

• Process and report yearly activities

Ad-hoc activities:

• Prepare and update process narratives/procedures and flow charts
• Response to internal and external requests including variance analysis and inquires
• Participate in Ad Hoc projects and new transactions
• General ledger account requests
• Accounting systems maintenance and upgrade
• Responsibility for ongoing process improvements
• Assist in implementation of the GAO process re-engineering and automation efforts

Job Requirements:
Education and Experience:

• Master's degree in accounting, Chartered Accountant (CA)/Certified Public Accountant (CPA)/MBA-Finance with 4-6 years of progressive experience in R2R areas with major financial institutions
• Extensive practical experience and knowledge of the US GAAP and IFRS accounting standards for the above areas, experience with other accounting standards (German, etc.) is a plus
• Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies.
• Understanding of Securities Lending transactions and corresponding accounting treatments for the same is a plus.
• Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing, procedures and strong internal controls.
• Experience working with muti-geographical processes process
• Extensive experience performing day-to-day accounting operations, month-end and quarter-end activities for the above areas of accounting
• Experience with R2R (record-to-report) centralized processes

Skills required:

• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
• Knowledge of Hyperion Essbase, Oracle Financials
• Knowledge of Spotfire, Cognos data analytics and visualization (or similar) a plus
• Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes
• Excellent communication skills, prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA, EMEA, APAC
• Independent decision-making capabilities
• Pride of ownership with the ability to deliver high quality results timely
• Self-motivated, self-assured, and self-managed
• Strong analytical ability to analyze and summarize financial transactions related to the products supported
• Strong attention to details
• Problem solving skill
• Highly organized with ability to multi-task and work under high pressure deadlines
• Must be able to work in a fast-paced environment

Skills Required