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Talent Acquisition Business Partner at Cantor Fitzgerald & BGC Group
Role Description
The LEC team provides all financial reporting activities for legal entities across Europe, the Middle East and Africa. This includes statutory, Sarbanes Oxley and Public Company attestations and all other financial reporting. Liaising with Group reporting in the USA, and other functional departments (Tax, Treasury, Product Control, Operations and Legal) both locally and globally.
* The Legal Entity Controller is responsible for the financial reporting activities of BGC Europe. Ensuring the accuracy of the underlying numbers reported in the monthly and year-end statutory financial statements, either directly or guiding and advising the various control functions. The role is responsible for reporting under UK GAAP (FRS102) but with knowledge of US GAAP and IFRS.
* The Controller will liaise with Group reporting in the USA and other functional departments in UK (Tax, Treasury, Back/Middle Office Operations, Regulatory and Legal).
* Provide assistance with the annual budget/forecasting as well as ad hoc reporting for Senior Management and the respective Boards.
* Be a key liaison with the external auditors, managing the year-end audit and annual statutory filings that have to be completed to a strict deadline.
The aim is to ensure that the individual can make an important contribution to the continued development of the finance team, raising the bar in terms of quality, control and consistency.
Key Responsibilities:
* Understand fully the entities and the underlying business for all responsible entities.
* To be able to report monthly / quarterly on the results of their responsible entities and ensure that deadlines are met on time with accurate information.
* To produce statutory accounts for the required entities under their responsibility and to deal with the auditors and ensure timely delivery of information, responses and ensure timely sign off of the audited accounts.
* Understand the FX exposure that is contained within the entities and help in the global management of the FX position across the Group.
* Understand, provide guidance and review intercompany recharges, allocations and transfer pricing processes between service entities and trading entities in the UK as well as recharges between different geographies.
* Ensure all reconciliations are prepared and reviewed. Carry out overview review and report any concerns to management.
* Review inter-company break report each day and discuss resolution of issues with opposite, inter-company relationship controller.
* To be alert to Conduct Risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm.
* Review un-posted journals report each day for entries affecting their entities and ensure quick resolution of issues and postings made as appropriate.
* Review control account / suspense / wash account / daily summary and ensure resolution of any breaks pre-month end as appropriate.
* Review cash break report each day and help facilitate / clear breaks for responsible entities.
* Drive forward and co-ordinate the process of liquidating and dissolving redundant entities as well as restorations where appropriate.
* Monitor the regulatory impact of intercompany balances, settlements and control breaks. To assist the regulatory and Financial Control teams where necessary to ensure that they are managed appropriately.
* To assist the Legal Entity Control Manager in continuing to maintain, develop and improve the control environment within the team and to ensure the team delivers all goals by working well with others and having a can do and will do attitude.
* Provide ad hoc reporting to Senior Management.
Qualifications
* The ideal candidate is an ACA/ACCA qualified accountant from a practice background with 2-3 years of post-qualification experience.
* Experience of statutory financial statement preparation.
* A strong academic background and good career progression to date.
* A control mentality coupled with excellent accounting, analytical and reporting skills.
* Experience of accounting issues for group structures i.e. acquisition accounting, goodwill and minority interest would be an advantage.
* Possess a pro-active attitude with an ability to take responsibility, make decisions and gain respect quickly.
* Process analysis skills to identify vulnerabilities and control weaknesses.
* Understanding of UK GAAP and IFRS as well as the principles of UK regulatory reporting, experience of US GAAP also advantageous.
* Ability to evaluate issues and situations and make decisions with little need for upward reference.
* Excellent written and verbal communication skills with the ability to interact with professionals throughout the organisation.
* Maturity and credibility to deal with brokers, senior management and colleagues at all levels and locations.
System Used:
* MS Office: advanced use of Excel, Word and PowerPoint
* Adobe Acrobat
Personal attributes:
* Highly motivated, self-starter, unafraid to ask questions and seek answers.
* Willing to take ownership, work without close supervision, while also being a team player.
* Able to use judgement to implement changes to improve processes.
* A good organiser with the ability to multi-task.
* Proactive and adaptable, able to work well under pressure.
Hybrid Working - We are currently operating a hybrid model for our shared services employees (including this role). We anticipate continuing these arrangements for the foreseeable future with periodic review. Hybrid for BGC Partners across the working week, means three days office based and two days remote.
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