Manager, Financial Control Job Description
Manager, Financial Control Duties & Responsibilities
To write an effective manager, financial control job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, financial control job description templates that you can modify and use.
Sample responsibilities for this position include:
Manager, Financial Control Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Financial Control
List any licenses or certifications required by the position: CISA, CPA, CISSP, CIA, CFE, CBCP, CISM, CA, ICAMS, ICA
Education for Manager, Financial Control
Typically a job would require a certain level of education.
Employers hiring for the manager, financial control job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Business/Administration, Education, Management, Economics, MBA, Graduate, Finance/Accounting
Skills for Manager, Financial Control
Desired skills for manager, financial control include:
Desired experience for manager, financial control includes:
Manager, Financial Control Examples
Manager, Financial Control Job Description
- Lead projects as directed by the sr
- Undertake projects and additional duties as required
- Assist in the investigation of financial and regulatory reporting matters in CB
- Balance sheet and profit & loss management and analytics for the Australian MSG businesses
- Co-ordination and review of periodic deliverables to other Corporate Reporting Finance teams (Group Financial Reporting, Group Regulatory Reporting, Tax, Legal Entity Control) to assist in fulfilling external and internal reporting requirements for MSG
- Management and review of the tax transfer pricing methodology applied to the MSG businesses
- Regular interaction with the Australian MSG Product Control teams in relation to trading flows, booking models, deal systems and reconciliations
- Monitoring and reporting of daily capital adequacy requirements for the New Zealand securities entity
- Direct involvement in various process improvement projects both within the direct financial control team and across other finance and business teams
- Support the preparation of daily, weekly, monthly, quarterly MAS returns ad-hoc surveys and queries from MAS
- Chartered Professional Accountant, CA or equivalent
- High level of professionalism, confidence, and credibility
- CPA or CMA Certification and/or MBA or MPA graduate degree is preferred for this function to ensure that the manager has an adequate knowledge base to manage functions and activities within the department, to make appropriate decisions and to review reports, activities, and analysis with good judgment
- Specific functional experience with Oracle’s OFSAA platform, Hyperion Planning or Balance Sheet Planning, and/or Oracle’s DRM hierarchy management technology
- Experience with bank application systems
- Advanced quantitative skills in math
Manager, Financial Control Job Description
- Provision of BU tax data, tax planning with tax team, tax issue resolution, implementation of tax booking model
- Providing assistance to corporate centre teams with preparation of management, financial and tax reporting
- Support deal teams with new transactions, and present new transactions and the impacts on the Group to Senior Finance Executives
- Liaising with Deal Management, global Finance teams and central Finance areas
- Interpretation and analysis of monthly results
- Ability to work closely with team members across geographies, particularly Global Financial Services (GFS) and Sydney, is essential
- Having internal relationships with the Front Office, Operations, Tax, Risk Management, and other Financial Management Group (FMG) areas
- Accountable for Statutory Balance Sheet & P&L within the General Ledger
- Accountable for providing financial data to other FMG teams
- Responsible for the co-ordination of new product/new business approvals
- Implementing methodology, policy and controls for financial control activities
- Developing the Risk Management framework & strategy, and assisting with strategic initiatives
- Producing and executing a best practice training program around onshore & offshore finance and operations
- Monitor, review and improve existing processes, controls and behaviours across Financial Control and SOX
- Previous Risk and/or Compliance experience - ideally within a Financial Control environment
- Understanding and working knowledge of Sarbanes-Oxley (SOX)
Manager, Financial Control Job Description
- General accounting and financial reporting, including Tax, under US GAAP for the 5 affiliates in Nordic
- Responsible for providing timely and accurate financial information to clients across and outside FMG
- Responsible for all the above across Trading and Derivatives divisions
- Responsible for people management, motivating and monitoring team output, work life balance, and progress
- Responsible for building strong relationships across FMG and other stakeholders
- Interact with clients and operational teams to obtain understanding of funds’ activities on a month to month basis
- Report and analyze financial data to be disseminated to clients and their investors
- Prepare and / or review financial statements and related disclosures for funds on a quarterly, semi-annual and/or annual basis
- Monitor or work directly with external auditors to ensure accuracy of each fund’s annual financial statements
- Oversight of the monthly review program to ensure financial controls are in place and the appropriate reconciliations are completed
- Ability to plan at the tactical and strategic level
- Knowledge of PS Financials (desirable)
- Ability to develop and manage relationships across all levels of seniority, and across functions within and external to FMG
- Physical teams covering base metals, freight, iron ore and agricultural commodities
- Institutional, corporate and funds sales covering flow business and structured price risk management solutions for metals and agriculture (including selected producer clients in metals)
- European Regulatory knowledge
Manager, Financial Control Job Description
- Review attestation submissions from different regions, investigate issues raised and recommend options to solve the issues
- Review Regional Attestation Committee Meeting minutes and follow up on issues and provide updates to senior management on a monthly basis
- Finance representative on PEGA Working and Steering Committee, with accountability for understanding and resolving issues and coordinating system enhancements
- Review Standards of Documentation (SoD) scorecards, control lists and aging reports from different regions, investigate issues and recommend options to solve issues
- Review consolidated SoD and aging results, highlight issues to senior management on a monthly basis
- Perform peer review for Caribbean Finance SOD packages goodwill, tax, bonus and severance and recommend opportunities for improvement
- Review attestation gaps and remediation plans and actively follow up with regions for any outstanding issues
- Track progress on BRAG (blue/red/amber/green) and actively follow up with regions on outstanding Red / Amber items
- Provide guidance on BRAG and SoD to Pan-Caribbean Finance team to ensure global approach across regions
- Review GL Attestation Policy and SoD Policy on a quarterly basis
- Understand the overall TA model and downstream/upstream impacts
- Accountable for the management of Operational and Reputational risk
- Strategic Development with the intent of gaining operation efficiencies, leveraging system applications and improving Key Performance Indicators
- Leads and directs a portfolio of clients for monitoring and updating Net Asset Values (NAV’s) for Global Trading Client Management (GTCM) and effectively managing communication/escalations/updates with the business partner
- Responsible for annual Planning and Forecasting
- This role would be supporting one of the service entities
Manager, Financial Control Job Description
- Review tax accounting in each GL and ensure compliance with local rules and transfer pricing agreements
- Follow-up on all deadlines for the GLs managed in scope in Lyon, provide assistance to the Accounting Supervisor to issue the statutory financial statements and liaise with the European compliance manager to update Corporate on the status of our compliance
- Monitor the operational risk declaration in internal system
- Balance sheet Ownership
- Main point of contact with our European Share Service Center in Dublin as well Service Level Agreement Lead
- Main point of contact with our European Tax function in Zurich
- Main point of contact in the reporting areas with our Headquarters in Chicago
- Coordinator, together with Decision Support Team, of new business contracts (reviewer that legal terms are aligned with finance practice)
- Support General Manager, business and HR/ Office Service in financial tasks when needed
- Support Baxalta Transition Service Agreement (team 2)
- CA, or equivalent, with 7-10 years of experience
- Qualified Accountant ( CIMA / ACCA)
- Significant knowledge of Cash Management and Client money regulations essential
- Role created due to internal movement one of the team members who got promoted
- Supporting various FCA submission on Regulatory Reporting relating to RWA’s (Risk Weighted Assets)
- Analysis of data, generate queries for trends / spikes and troughs and inaccuracies and follow up to appropriate closure