Product Controller, Global EquitiesPosted: November 5, 2009
The Product Controller produces and maintains P/L activities for the related Equities business strategies. The position requires a professional able to work closely with various traders and able to manage the integrity of the local general ledger. The individual must possess an excellent understanding of P/L production, product knowledge and balance sheet maintenance. This is a highly visible role due the nature of the position. The results reported by the individual are relied upon by the Senior Product Controller, upper management and front offices to manage the businesses and financial reports which are reported to the head office in Canada. Key Accountabilities: ? Assemble, organize and produce the P/L statements to be reviewed by Front Office and the Senior Product Controller. This requires the individual to extract data from the various front, middle and back office systems and produce recs between the systems. All discrepancies generated in the rec will be researched, documented and justified. This individual will also ensure that variances to Desk Estimates are adequately explained, that reported P&L is reconciled to GL and that Inventory and related accounts on the Balance Sheet are substantiated. ? Work with Financial Control with the maintenance of the local and global general ledger. This individual will provide Financial Control with the local general ledger balance sheet at month end and provide support when requested. The analyst will assist the Senior Product Controller in fulfilling head office requests for information about general ledger entries, variances of monthly and quarter results, and audit requests. ? Escalate issues and assist the Senior Product Controller to resolve. Each analyst will also be responsible for learning and performing the back up duties for the various P/L. This individual should be able to produce and send out the daily P/L in the absence of the primary analyst. ? Maintain and update daily and monthly PNL procedures . ? Serve as a member of the Product Control Team and develop working relationships with the traders and various individuals of middle and back office. This individual will work with Senior Product Controller in developing plans for improving communication to the various groups and making sure that the best possible service is provided. Job Requirements: (Knowledge/ Experience): Expereinced professional in Capital Markets product control environments with excellent technical understanding of capital market products. Strong Accounting knowledge, Balance Sheet and Profit & Loss Statement. Strong analytical and problem solving skills Required: ? Bachelor Degree in Accounting/Finance or related field. ? minimum 3 years relevant work experience Preferred: ? MBA Finance ? CPA Required Skills/ Competencies/ Attributes: See Above Education: BA/BS Required Accreditation(s): Special Conditions: n/a Diversity: Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best ? put clients first. EOE/M/F/D/V About RBC: Interested in finding out more? Click here. Back to top Please refer to job code 273820 when responding to this ad.
| Category: | Accounting/Banking/Finance/Insurance |
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> Controller
> Financial Services
| | Location: | New York, NY | | County: | New York County | | ZIP Code: | 10001 | | Pay Rate: | Open | | Job Terms: | full time | | Company: | Royal Bank of Canada | | Phone: | email only please | | Fax: | email only please |
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