Balance Sheet & IB Controller Balance Sheet & IB Controller …

in London, England, United Kingdom
Permanent, Full time
Be the first to apply
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
Balance Sheet & IB Controller
FUNCTIONAL TITLE - Balance Sheet Controller
Jefferies, the global investment banking firm, has served companies and investors for over 50 years. Headquartered in New York with its European head office in London and staff in over 30 global cities, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, and wealth and asset management. Jefferies provides research and execution services in equity, fixed income, foreign exchange, futures and commodities markets, and a full range of investment banking services including underwriting, merger and acquisition, restructuring and recapitalisation.
This role is within the Balance Sheet and Investment Banking Control team in London
The role is dedicated to the Jefferies Balance Sheet and Investment Banking Control Division.
The role offers a candidate the opportunity to be involved in the day to day reporting and analysis of IB revenue & European balance sheets, reporting across multiple periods and a chance to become key personnel in the various projects, which have a wide range in scope, which facilitate Jefferies growth.

Key Responsibilities
IB Control
  • Circulating revenue analysis to IB management and also to product areas/risk as necessary
  • Updating the master P&L file maintained by IB Finance for new deal P&L
  • Assisting in posting of Journals to the ledger as required for P&L events
  • Maintenance of all deal documentation/fee calculations to support any booked IB deals (audit trail)
  • Assist in expense monitoring process including liaising with the Accounts Receivable team
  • Performing ageing and analysis of receivables and payables on a monthly basis and escalating on a timely basis as necessary
  • Assisting in the production of the monthly IB pack for discussion with Finance Head and IB COO
  • Obtainment of evidence on an ad-hoc basis to facilitate internal/external auditors requests
BS Control
  • Report European Balance Sheet for various Entities
  • Understand SEC account lines under US and UK GAAP
  • Daily, Weekly, Monthly, Quarterly and Ad-hoc reporting
  • Supporting manager in fielding questions from the business/ Global Balance Sheet Control Team
  • Month end accounting processes in accordance with GAAP requirements and substantiation review
  • Review control framework for BS accounts (account ownership, accounting policy, due diligence commentary)
  • Work with Operations and Finance to maintain / improve financial reporting processes
  • Ad hoc project work as required

Person Specification

The following skills and experience are required for this role:

  • Detail orientated and accurate approach
  • Good Excel skills
  • Strong communication
  • Team-work minded attitude
  • Prior accounting experience preferable (practical or theoretical)