Senior Accountant

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.
 
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.  We are 5,200 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
This hybrid role will 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. A critical aspect of this role is to continually identify opportunities for improving work processes and driving efficiency in all tasks performed by the Financial Reporting Team.

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
•    Financial Reporting Expertise: Strong experience in preparing financial statements and ensuring timely month-end close for multiple legal entities, adhering to US GAAP and IFRS standards.
•    General Ledger Management: Proficient in managing and reconciling general ledger accounts, including intercompany transactions, fixed assets, FX gains/losses, and accrued expenses/income.
•    Accounting & Finance Knowledge: Deep understanding of financial accounting principles, cost recognition, and revenue recognition.
•    Analytical Skills: Strong ability to analyze trends, revenues, costs, financial commitments, and variances, with the ability to provide insightful commentary.
•    Cross-Functional Coordination: Experience working across different teams and jurisdictions, especially liaising with global finance teams (US, EMEA, Asia) and business partners.
•    Attention to Detail: High level of accuracy in ensuring proper documentation and supporting records for financial reporting and reconciliations.

Desired
•    Experience with an interdealer broker or related financial services industry experience: Familiarity with the operations and financial structures within financial markets or trading environments is a plus.
•    Accounting Software Proficiency: Experience using financial systems and software such as SAP, Oracle, or similar ERP platforms for financial reporting and reconciliation.
•    International Accounting Standards: Knowledge of international accounting principles and the ability to reconcile and report across multiple regions (US, Canada, South America).
•    Project Management Skills: Ability to assist in the management of special projects and coordinate efforts across various departments and regions.
•    Communication Skills: Strong verbal and written communication skills to provide monthly financial reports and commentary, and to collaborate with various business and finance teams.
•    FP&A Experience: Experience working with Financial Planning and Analysis teams to support performance tracking and reporting against budget and prior year results.

Manager 6 

Base approved $95,000-$100,000

#LI-Hybrid #LI-MID
 

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