Responsibilities
Compensation Accountant Main purpose of the role:
* To fully support the Compensation Accounting Manager to cover all aspects of Compensation Accounting primarily for the EMEA operations with view to meeting all internal and external financial reporting deadlines.
* The successful candidate shall make an important contribution to the continued development of the Compensation Accounting team whilst constantly raising the bar in terms of quality and control.
* This is a great opportunity for school leavers with relevant work experience or fresh graduates who are eager to begin their accounting career.
Key responsibilities:
* To ensure the integrity of Comp related P&L and Balance Sheet on a timely basis across the EMEA operations of the Group through monthly postings to the GL followed by analytical review and reconciliations.
* Work closely with Senior Broker Compensation Accountant to ensure all Broker Compensation Accounting matters are closed out on a timely basis.
* Work closely with relevant stakeholders to ensure matters are closed out on a timely basis.
* Calculating and posting revenue related monthly bonus accruals. Reviewing and adjusting accruals to be in line with forecasted desk pay out.
* Assist in preparation of timely management information including desk and broker performance reports.
* Ensure Comp related FX exposure is managed, controlled and reported on a timely basis.
* Coordinate commentary on monthly/quarterly P&L movement for global P&L analytics.
* Work closely with counterparts in US/Asia on relevant matters and share best practice.
* Assist auditors through timely delivery of files and responses to any queries.
* Ensure integrity of confidential name detail information.
* Identify and implement improvements within Compensation Accounting processes through development and concise documentation of policies and procedures.
* Support Compensation Accounting Manager on ad-hoc issues.
* Be alert to Conduct Risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm.
Skills / experience required
* A strong academic background.
* Minimum AAT Level 3 Qualification preferable.
* Financial services experience desired but not essential.
* Good written and verbal communication skills with the ability to interact with stakeholders throughout the Group with view to developing and maintaining strong relationships.
* Possess a pro-active attitude with an ability to take responsibility.
* Strong attention to detail.
* Supervisory skills would be advantageous.
* Ability to meet deadlines, organise and prioritise.
Systems used
* Strong MS Excel skills (including vlookups, pivot tables, sumifs and charts).
* Prior experience with Essbase and Oracle General Ledger preferable.
* Other Microsoft Office applications.
Personal attributes
* The successful candidate will require excellent personal presentation and have confidence operating in a competitive work-environment and can handle challenging situations sensitively.
* Appetite to study and gain necessary accounting qualifications.
* Proactive and adaptable, able to work well under pressure.
* Ability to evaluate issues and situations to enable timely decision making with little need for upward reference whilst escalating matters as necessary on a timely basis.
* Self-starter unafraid to ask questions and seek answers.
* Willing to take ownership, work without close supervision while also being a team player.
Agency Notice - BGC Partners & affiliates do not accept agency resumes. Please do not forward resumes to our job alias, employees or any other company location. BGC Partners & affiliates are not responsible for any fees related to unsolicited resumes. Please contact the Recruitment function for additional details
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