Job Description
WorkForce has partnered with a new multi-asset global trading platform. Our client has just launched and have big growth ambitions. If you are a leader who is proactive, loves a challenge and enjoys driving change- read on!
Built by traders for traders, they provide the most sophisticated traders with a serious platform that allows them to move easily between asset classes such as stocks, CFDs and crypto, depending on the regulations that govern the trader’s market.
They are now looking to add to their team and experienced Accountant, with experience in the FX industry and/or Financial Services.
The role is responsible for the daily, monthly, quarterly and annual prudential regulatory filings for the Group’s Cypriot entity as well as any other Group entities as required. Reporting will be in accordance with the Investment Firm Regulation (‘IFR’) framework. The regulatory function also reports key financial data to its parent in New York.
The role also includes responsibility to ensure policies and procedures are maintained as well as ensuring familiarity with IFR and relevant CySEC guidance and rules.
The Regulatory Accountant will provide support to the Head of Regulatory Reporting as well as the Head of EU Finance in the production of accurate and timely Regulatory deliverables.
Key responsibilities (not limited to)
- Preparation of daily reports with the purpose of monitoring capital/ liquidity adequacy and ensuring the Firms’ exposures are within internal limits.
- Prepare regulatory reporting deliverables for these entities, including the preparation of careful and timely analysis of returns. Improve robustness of existing processes backed-up with reconciliations.
- Prepare, develop and maintain regulatory policies and procedures.
- Prepare and maintain monthly management reports and provide monthly management information (MI) to end users, including developing and suggesting possible improvements to the regulatory pack. Ensuring clear communication and distribution of financial information internally and externally.
- To review existing processes to identify opportunities to improve accuracy, transparency and efficiency.
- Input into the suite of Prudential documentation to include the ICARA, Wind-Down Plan and the Pillar 3 public disclosure.
- Any ad hoc projects and/or tasks as assigned by the Head of Regulatory Reporting.
- In addition to the above, employees are required to carry out such other duties as may reasonably be required by the changing needs of the business.
Critical Knowledge, Skills & Experience:
- Strong written and spoken English.
- Experience of IFR or similar prudential rules such as CRD IV.
- Self-motivated with the ability to work independently within a team structure.
- Qualified accountant / Part qualified accountant.
- High degree of numeracy.
- Intuitive, fast learner and a keen eye for detail with good problem solving skills.
- High degree of computer literacy in MS Office, in particular, Excel must be of an advanced standard with minimum ability to use look-ups and pivot tables.
- Excellent interpersonal skills and ability to work with all staff at all levels within the Company.
- Ability to work under pressure, to meet personal and departmental objectives with strict deadlines.
- Previous knowledge and experience in a similar role in a financial services organization.
What's on offer:
- Competitive market salary
- Private Medical insurance
- Attractive Pension scheme
- Hybrid working model: Hours: 40 hours/week - Monday to Friday. Working from the office: 3 days per week
