Head of Commercial Analysis

New Today

Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. With 600+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. To help improve the Group’s financial control capability, the need for a Head of Financial Control has been identified. Managing a variety of stakeholders across the business including Front Office, Finance, Operations and IT
Developing a first-class financial control function encompassing all aspects of controllership including reporting, controls and balance sheet substantiation
Legal entity reporting for a rapidly growing International Group, including the strong understanding of international accounting standards and US GAAP
Providing quality, accurate and timely analysis and information to management which encompasses the development, management and understanding of month end reporting and the control environment.
Supporting project work affecting the business including business development and finance transformation
Assisting the FP&A team for management and Board reporting as required.
Development and management of the accounting staff – both direct reports and sharing knowledge with the wider team.
The successful candidate will also become heavily involved in project work to automate current procedures, improve the control environment to accelerate the month end close, and will work with several senior people across all divisions of the Group.
Stakeholder Management
Engage with and manage a broad stakeholder group across the business including Front Office, Finance, Operations and IT
Responsible for producing relevant balance sheet reconciliations as well as enhancing the timeliness of sign off process for all balance sheets accounts.
Manage all Group allocations of cash across the organisation and should assist other financial control teams to ensure seamless reporting of the transfer pricing arrangements.
Enhance revenue reporting and reporting of operational risk events and monitoring of bad and doubtful debts (ECL assessments)
Management of the core Front Office systems data flows to the general ledger to support improved automation and straight through processing
Management Reporting
Responsible for the timely production of monthly divisional management accounts including analysis of variances and production of commentary
Liaison with the wider business to ensure that certain revenue, costs, assets and liabilities are correctly reported
Assisting Head of Treasury in identifying, explaining and reporting on working capital matters
Provision of analysis and explanation to internal and external auditors
Production of relevant accounting policies and procedures disclosures
Responsibility for accounting for overseas branches and their local statutory audits
Financial Control
Financial Accounting
Support the annual audit and financial statement preparation process
Recruiting where needed, develop and mentor the Financial Control Team
Effective management of team
Active performance management through objective setting, KPI tracking and appropriate feedback
Training

Project Work and Analysis
Provision of MI across the certain business lines to help drive improved business performance
Assisting in the automation of transactional and end balance reconciliations and the creation of workflows to support exception management
Assistance in group wide project work
Assisting on ad-hoc analysis to Divisional Heads and other senior management
Ensure completion of any external reporting requirements such as Office of National Statistics (ONS) surveys on business performance
Ad hoc duties as required
Qualified Accountant ACA/ACCA with 10 years or more post qualified experience
~ Experience of working within financial services and regulated entities
~ Experience of end-to-end process flows and data quality management of FX, derivatives instruments or volume]]
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Apply
Location:
London
Job Type:
FullTime

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