Job Description
Group Overview The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.
The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.
Role Overview Assist in the monthly close of TPICAP Americas legal entities. The firm operates predominately as an Interdealer Broker and is regulated by regulators in each jurisdiction. The Financial Reporting team is primarily responsible for the accurate and timely closing of all Americas legal entities in the US, Canada and South America. Scope of role covers approximately 35 active entities (15 significant), 180 trading desks and 110 support departments.
Role Responsibilities
- Accounts of all America entities are closed in a timely manner, in accordance with TPICAP accounting close deadline.
- Accounts are prepared in accordance with US GAAP, IFRS and internal guidelines, good judgement are made with respect to accounting estimates.
- Ensure proper controls are in place with respect to recognition of revenue and costs
- Prepares and maintains monthly journal entries in the general ledger including intercompany, fixed assets, cash, FX gain & losses, prepaid and accrued expenses, deferred and accrued income
- Analyse and reconcile general ledger account balances against supporting documentation.
- Analyse trends, costs, revenues, financial commitments and obligations incurred for review by supervisor along with supporting documentation.
- Compiles monthly reports for various clients within finance and outside finance.
- Liaise with accounting staff from various offices within US, Asia and EMEA on intercompany activity.
- Coordinate with compensation team to ensure revenue and costs are correct by broker and desk.
- Assists management in the preparation and compilation of special projects
- Ability to assist management in support of the MID / Business Partners and FP&A team.
- Assist in monthly and year to date commentary to the FP&A and Business Partner on performance against prior year for the full P&L for each line of business.
- Intercompany balances are confirmed and reconciled within the region and across the global group of companies.
Experience / Competences Essential
- Strong Excel skills
- An educational or work-related background in accounting
- Strong phone contact handling skills and active listening
- Handles situations and problems effectively using own initiate.
- Build relationships and networks with both internally and externally wherever possible.
Desired
- Background in financial services
- Previous accounting experience
Salary Range: $70,000 - $75,000
Not The Perfect Fit? Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location USA - 200 Vesey Street - New York, NY
Job Tags
Full time,