Balance Sheet Substantiation – Senior Manager

Candidate will be responsible for the P&L and Balance Sheet reconciliations, reporting including regulatory and SEC reporting on a daily, weekly, monthly and quarterly for Derivative Products (FX, IRS & Equity Swaps). Work closely with other operational teams like FX Operations, Collateral Operations, Global Cash Teams to resolve any issues causing breaks in the accounts monitored for Derivative Products (FX, IRS & Equity Swaps).
Business As Usual (BAU) Activities:
Develop the team to adopt “owner’s mind set”, work independently, and effectively manage timelines
May be required to provide accounting analyses or research on critical and complex issues which may include variance analysis of accounting transactions related to the products supported.
Develop subject matter expertise in all aspects of the products under responsibility including operational aspects of a particular accounting transaction.
Participate in or manage function specific projects as needed
Ensure high quality and completion of deliverables within the committed timeframe. Team deliverables revolve around;
Daily:
Monitor daily reconciliations, proofs, and ensure the breaks are tracked to close.
Ensure the FORTE reports are in sync to the GL
Prepare and review daily FX PNL across the North America region and work closely with the Traders to get confirmations and resolve any open issues.
Weekly:
Prepare Regulatory reporting FC 1 and Weekly Fin 39 for Open FX exposures
Prepare and journalize the Cash collateral netting entry for FX Collateral exposures
Monthly:
Coordinate month-end close including prepare manual journal entries and export accounting system reports
Review/Prepare account reconciliations and certification
Perform month end tie outs for various products with FX source systems with the ledger
Quarterly:
Prepare Regulatory, SEC
Perform SOX control testing
Ad-Hoc:
Prepare and update process narratives/procedures and flow charts
Response to internal and external requests including variance analysis and inquiries
Participating in Ad Hoc projects and new transactions
General ledger account requests
Accounting systems maintenance and upgrade
Responsibility for ongoing process improvements
Assist in implementation of the GAO process re-engineering and automation efforts
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