Qualified Accountant-Investment Banking

*Qualified Accountant,Investment Banking,Reporting,Product Knowledge-St Paul's,London-6 months*

Hyphen Recruitment have an exciting opportunity to work on-site at a prestigious investment bank based in London. The suitable candidate must have previous investment banking experience and be a fully qualified Accountant.

Responsibilities

Daily P&L & Balance Sheet - Reporting & Oversight:
* Production and/or review of official daily P&L explain and its provision for VaR backtesting.
* Approval of daily sub-ledger P&L generated by Middle Office for reporting into Greensheets.
* Responsibility for daily management adjustments to P&L
* Daily P&L reporting to local and regional management.
* Oversight of trader estimate to official T+1 P&L variances as business unit level.
* Preparation of daily P&L commentary and substantiation to market events.
* Review of material new deals.
* Review and approval of changes to valuation adjustments & reserves.
* Review of changes to daily balance sheet & substantiation to transactional activity.

Core Financial Oversight Functions:
* Price verification (daily, weekly, monthly).
* Validation of appropriate application and use of models for books & records.
* Monthly & quarterly revenue commentary.
* Maintaining/updating valuation adjustment & reserve policies.
* Balance sheet analysis (capital, liquidity, exposures etc) including inventory ageing and its reporting.
* Determining and implementing appropriate accounting policies & procedures (with Accounting Policy).
* Managing key accounting, legal entity, regulatory and P&L issues with the business.
* Month end close, including Financial Disclosures and calculation and recording of netting entries
* Exercise of control oversight on behalf of the business.
* Participation in the New Product Review and Appropriation Request processes: modelling structures and process scenarios, review, and control.
* Contributing to Governance process, operational error reporting and support of other internal control process, including SOX.
* Provision of financial expertise in the design, build, testing, and implementation of new Technology Platforms and Systems.

Planningplans; budgets; and forecasts.
* Provide regular updates, analytics and commentary on Line of Business performance.
* Manage the expense approval process for both deal-related and organisational expenses; provide expense analytics and assist the business with recovering deal-related expenses.
* Provide regular updates, analytics and commentary on the GBAM's externally disclosed quarterly performance.

Requirements

Essential
* Strategic Thinking: Solid understanding of business strategy, understands how their role relates to growing the business, stays current on industry and in area of own technical expertise.
* Customer/Client: Helps associates understand the impact of their work on the customer/client, successfully builds and maintains customer/client relationships, maintains unwavering focus on delighting the customer/client.

Drives Execution:
* Influence: Collaborates within the business unit through effective partnering and information sharing.
* Business Results: Consistently delivers superior results, persists despite obstacles, setbacks and competing influences. Continuously looks for new and better ways of doing things.
* Manages Risk: Thoroughly analyses opportunities and issues and then takes appropriate action.
* One Team: Operates as part of a team with one team agenda to exceed client expectations.

Effectively works across team boundaries.
* Values People: Treats others with dignity and respect and demonstrates a sustained commitment to championing diversity. Adheres to highest standards of conduct/integrity.

*Qualified Accountant,Investment Banking,Reporting,Product Knowledge-St Paul's,London-6 months*

Hy-phen Limited is acting as an Employment Business in relation to this vacancy.

The Adecco Group UK & Ireland is an Equal Opportunities Employer.