Gross margin process: manage the daily flow of all trading invoices from the trading system to both the invoice analysis database and the financial ledgers in a timely manner (up to posting and analysis only, not settlement, netting or cash allocation).
Gross margin Control: maintain the link and the reconciliation between the financial accounting system and the invoice analysis database (Qlikview) on a virtually real-time basis. Continuously apply and enhance (internal and SOX) controls to ensure all invoice documents are captured and processed correctly.
Gross margin analysis: on a regular basis compare invoices received to accruals/deals to identify posting errors, prior period adjustments, incorrect deal valuations, incorrect invoices, or weaknesses in the actual / accrual processes or systems, and clearly communicate findings to the Trading Control, Trading Floor or IT teams.
Exchange reconciliations and cash allocations: ensure the accurate reporting of, and reconciliation between, Book and Exchanges, the accurate allocation of cash to the P&L, and follow-up any issues in a timely manner.
Intercompany reconciliations: on a monthly basis, report the intercompany P&L and outstanding balance sheet items with group companies and on a quarterly basis agree these values directly with the particular counterparts.
Systems and processes: provide a substantial contribution to the main projects: Simba, QV replacement, FIMS, clearing; systems maintenance: ensure consistency and integrity of Simba invoice and deal mapping; spreadsheet model enhancements: optimise rolling, physical and futures files, taking advantage of any systems developments.
rading Control support: absorb more of the main delivered TC files into the TA month end process.
General Accounting
Cash accounting: contribute to cover the processing and reconciliation of all bank, futures exchange and counterpart collateral entries, maintaining tight control of bank suspense accounts and any automatic or manual cash allocations. Consider optimisations in the context of systems developments (such as clearing)
Balance sheet control and reporting: assist the team in the accounting, revaluing, reconciling, reporting, and investigating the balance sheet, in particular the aged debt (monthly, accounting only), including grossing-up. Substantiate the balance sheet, keep balance sheet accounts clear of old or un-reconciled items, closing unused accounts and help to maintain the chart of accounts overall.
Indirect taxes: remain aware and considerate of indirect tax requirements when processing documents and transactions, ensuring correct tax treatment. Assist with certain aspects of the reconciliations and returns under the guidance of the General Accounting Supervisor and also the Tax Manager. Assist relocation of the analysis work to optimise workflow and control, especially with regard to trading invoices.
