AVP, Product Control - Equity Financing

  • $HK 600,000 - 720,000
  • Hong Kong Hong Kong Hong Kong HK
  • CDI, Plein-temps
  • Eames Consulting Hong Kong , Numéro de Licence EA : 16S8091
  • 07 juin 18 2018-06-07

My client is a top tier bulge bracket bank. This team is responsible for Front to Back reconciliation; Balance Sheet and PNL substantiation; Financial Disclosure reporting; PL Explain and New Deal Analysis as well as price verification. It has the ultimate responsibility on the financial representation of the business lines supported and any related GAAP disclosure requirements.

KEY RESPONSIBILITIES

  • Responsible for directing the day-to-day finance activities and business partner for the Equity F&O business
  • P&L Reporting/Analysis
  • Detailed P&L decomposition including escalation of material unexplained variances
  • Provide explanations for significant P&L drivers e.g. market changes, new deals, book remarks, reserves etc.
  • Complete daily reconciliation of estimate to actual, and ensure reporting website is updated with explanations for all material differences
  • Complete month-end financial legal close, P&L and balance sheet as well as management close
  • Balance Sheet Reporting
  • Produce daily balance sheet estimates, ensure accurate and timely reporting including analytical review on significant movements and balances
  • Decomposition of balance sheet for the business, identifying opportunities to reduce adjusted assets
  • Complete month-end balance sheet reporting by internal deadlines, explaining movements or variances between estimates and final results
  • Ensure all balance sheet accounts are reconciled, escalating variances.
  • Ensure all reserve balances and valuation adjustments are reconciled and appropriately authorized
  • Ensure validity of allocated/attributed balances as well as internal funding charge

KEY REQUIREMENTS

  • Experienced professional with 7+ years experience in Business Finance and Control functions
  • Qualified accountant with Product Control experience; ideally in the Equities business
  • Strong product / business knowledge with strong control mindset
  • Proven track record in building/strengthening front-to-back controls
  • Strong analytical skills with a demonstrated ability to analyze business processes and workflows and delivery required project to a high standard