Job Description

Global Corporate Controllers is responsible for the financial and regulatory reporting of the consolidated Firm and its legal entities, liquidity and funding control, accounting, and regulatory policy and advisory, controllership of the Firm's infrastructure areas and management the Finance risk and change programs.The Liquidity Investments Funding Controllers (LIFC) team is responsible for controllership, coverage / analytics and projects supporting Corporate Treasury and Chief Investment Office (CIO) functions. Key functions include controllership of unsecured debt, wholesale funding and investment portfolios, oversight of key accounting programs (i.e., debt hedge accounting and Available-For-Sale / Held-To-Maturity investments) and management reporting for income statement and balance sheet related to Treasury managed products.At present, open roles exist in Hedge Accounting, FX Revaluation and Currency Translation Adjustment.Hedge Accounting

• Responsible for validating the originating PL for Treasury External Debt.
• PL production for GCM Debt, Bank Debt & Structured Notes.
• Support the hedge accounting programs by creating the Day 1 documentation for new hedging relationship and monitoring the hedge effectiveness daily.
• Supporting renovations and changes.

FX Revaluation

• Responsible for supporting treasury owned FX risk daily.
• Daily PL production for treasury managed FX exposure.
• Publish restrictive currencies report to stakeholders.
• Supporting the roll-out of HERA 2.0

Currency Translation Adjustment (CTA)

• Reporting daily PL gain or losses on CTA trades.
• Performing trade control check on CTA hedge accounting trades to ensure the terms of the trades don\'t change other than during the hedge roll period.
• Hedge trade execution and designation.
• Quarterly 10-Q disclosures.

Treasury Capital Markets

• Responsible for validating originating PL for EMEA, Non-Japan Asia & Japan, North America.
• Support Treasury in opening infrastructure for new booking models.
• Act as an advisor to Treasury on accounting for Treasury products.
• Weekly MCR & financials for material entities and regions.
• Month-end reporting for all regions, treasury transfer pricing, residual reporting, analysis and commentary, review packs, follow-up on queries from LEC, auditors.

Intercompany Controllers

• Responsible for ensuring that all inter-company balances are correct and settled on time.
• Daily intercompany settlements, investigations, daily paydown reporting to Treasury for funding.
• Monthly regulatory reporting and estimates (reg requirement that broker dealer and swap dealers stay in payable position)
• Support funding renovation project.

Cash Controllers

• Disclosure in 10-K, 10-Q, and regulatory reports for all cash related items.
• Bank reconciliation and clearing of material breaks. Liaising with operations.
• Supporting operations and finance for E*TRADE business.

Common activities across LIFC Mumbai

• Responding to queries from LEC, Reg controllers, RRQA, auditors.
• Support projects and LIFC IT in implementation / renovation of systems.
• Identify process improvement areas, self-service automation using Power BI and Alteryx.
• Sign off BS and PL in GL and balance substantiation.

Role and responsibilities may change in line with the team and business needs.Skills required

• 3-6 years industry experience with focus on Finance/Controller background
• Strong communication skills, both verbal and written
• Demonstrable leadership qualities with a strong work ethic and team player mentality
• Ability to plan and execute well and adhere to deadlines.
• Analytical mind-set and good problem-solving skills with a willingness to drill through to the root cause of issues.
• Strong controls background with an ability to design, implement, enhance, and monitor the effectiveness of existing or new controls
• Qualified with relevant Professional Qualification (i.e., CA).

Preferable, but not required skills and experience:

• Treasury / Legal Entity Control / Product Control / Financial and Regulatory reporting with Investment Banks.
• Keen interest and willingness to learn.

Years of exp- 3 to 5 yearsContract duration- 12 MonthsAcceptable NP- Immediate to 60 daysShift timing- 11.30 AM to 8.30 PMMust have skillset- Accounting exp, Intermediate excel, Excellent written and verbal communication skill

Rangam Infotech