Reporting Accountant

Marex
New York, NY Full Time
POSTED ON 3/22/2024

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a leading franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,900 employees across Europe, Asia and America.

For more information visit www.marex.com

Purpose of Role:

The Reporting Accountant is responsible for preparing financial statements and reports needed to comply with regulatory requirements. Organizes and presents financial reports to company managers. Assisting with the preparation of company tax filings; provide reports and point of contact for auditors during an external audit; preparing, generating, maintaining, and ensuring the accuracy of all information and managing deadlines.

Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics

Responsibilities:

  • Conduct monthly analytical review on legal entity income statements and balance sheets.
  • Assist with the preparation of monthly management reports.
  • Prepare, reconcile and challenge balance sheet reconciliations.
  • Develop and enhance existing processes.
  • Design and implement world class control environment.

Monthly and Year End - Assist in all phases of the closing and reporting functions, including:

  • Analyze variances in income and expense statements and balance sheet accounts monthly.
  • Apply principles of accounting to analyze financial information and prepare financial reports.
  • Assist in year-end audits and manage ad-hoc inquiries from external auditors.


Miscellaneous Department Duties

  • Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
  • Create, update, and maintain process documentation and procedures, reducing inefficiencies where applicable.
  • Compiling financial data and crafting reports.
  • Review financial information to ensure accuracy and compliance with regulations.
  • Prepare periodic statements that present the financial status at a certain point in time or over a stated time period.
  • Report any breaches of policy Compliance to the CFO.
  • Understand and adhere to Compliance rules and how role relates to the regulatory framework.
  • Ensuring compliance with the company’s regulatory requirements under the FCA, NFA, AMF, AFM, MAS

To provide input to risk management processes, as required.

The Company may require you to carry out other duties from time to time.

Competencies, Skills and Experience:

Competencies

  • A collaborative team player, approachable, self-sufficient and influences a positive work environment.
  • Detail-oriented with a strong commitment to preparing accurate work.
  • Resilient, with the ability to take a high level of responsibility in a fast paced and high-volume environment.
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

  • A Bachelor’s degree or equivalent in Accounting/related field -OR- Master’s in Accounting, plus five years of experience in a Controller position or similar
  • Proficiency in Microsoft Excel, Access, and Word in automating tasks and organizing data for analytical purposes with pivot tables and charts; advanced Microsoft Excel skills required.
  • Strong PeopleSoft general ledger skills
  • Thorough knowledge of accounting principles and procedures
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
  • Series 99 or 27

Salary Range: $80,000 to $110,000 base salary per year

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.

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