Assistant Manager, Product Control

Company: Macquarie Group Limited
Location: Jacksonville
Posted on: August 7, 2022

Job Description:

Join our Product Control team and play a key role in product accounting and the associated Profit and Loss (P& L) production and analysis for the trading activities within Macquarie Group located in Jacksonville, FL.Covering mainly trading desks based out of Houston, London, New York and Singapore, this function is involved in providing daily P& L reporting, daily system and ledger reconciliations and controls, performing the month end General Ledger close and monthly balance sheet analysis. This role requires close and efficient interaction with the Front Office, Middle Office and IT as well as other parts of Finance, including Financial Control, on a daily basis to ensure the timely and accurate financial reporting of the Macquarie trading businesses.You will also write commentary for material P& L on a daily basis as and when required using business knowledge.You will ensure appropriate control and reviews for daily P& L production by undertaking the trader's sign-off (asset classes: Energy and Credit Markets).You will be able to substantiate both daily and monthly adjustments held in P& L.In addition, you will engage with the business teams and external stakeholders, as well as demonstrate the ability to independently deal with and resolve issues with appropriate escalation.Further responsibilities will include:reviewing monthly balance sheet, with substantiation and potential financial exposurePerforming various reconciliation reports on a daily basisreviewing daily and month end Journals for accrual, provision and true upWriting daily commentary for material P& L and attribution analysistaking responsibility for the quality of work submitted and ensuring that the highest standards are maintainedensuring adherence to Product Control Policies including those related to trading reserves, accounting adjustments and reconciliationsdeveloping and maintaining effective controls over daily P& L reportsregularly facing off with Traders, Trading Finance Management, regional finance team and various internal stakeholders in GFS.You will leverage your prior work experience to cultivate relationships with internal stakeholders, take regular feedback, as well as anticipate and understand issues and escalate appropriately for timely resolution. In addition, you will manage strong relationships with Support teams (trading finance IT, trading finance operations, trading finance risk) and bring synergies by interacting and integrating with cross functional teams.About the Financial Management GroupThe Financial Management Group provides financial, tax and treasury services to all areas of Macquarie. The group is focused on providing strategic analysis and advice to Macquarie's businesses and senior management, managing Macquarie's funding, liquidity and capital position, ensuring Macquarie continues to meet regulatory and compliance obligations and managing Macquarie's corporate affairs.Our COVID-19 policyIn line with local regulations, all Macquarie employees in New York are required to be fully vaccinated against COVID-19 and provide proof of full vaccination in order to attend the office and to participate in external meetings and business travel in New York City, unless a reasonable accommodation is approved or as otherwise required by law. Outside of New York, proof of vaccination is not required to attend a Macquarie office, travel for business, or attend an external business event.Our commitment to Diversity, Equity and InclusionThe diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of 'empowering people to innovate and invest for a better future', we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.About MacquarieA career at Macquarie means you'll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world-whether it's accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we're empowering people to innovate and invest for a better future.Our size and international presence means your work can take you anywhere-across business groups, disciplines, sectors and borders. With 18,000+ employees and offices in 33 markets around the world, we're a truly global organisation.You'll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You'll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you'll have the opportunity to make a difference.Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.Job no: FMG-966316Work type: Permanent Full timeLocation: JacksonvilleCategory: Accounting & FinanceGroup: Financial Management GroupDivision: FinanceRecruiter: Jennifer HugginsOpening Date: 28/7/2022

Keywords: Macquarie Group Limited, Jacksonville , Assistant Manager, Product Control, Executive , Jacksonville, Florida