The bank for a changing world

Vice-President – P&L Accounting Control Specialist


Standard / Permanent


US-NJ-Jersey City

Job function




Business Overview:
The P&L accounting control group is responsible for performing and validating all necessary reconciliations and related controls to secure the accounting P&L recognition once it is reconciled with the official management P&L tools, mainly for Capital Markets, BP2S and Treasury.
Our group interacts with Operations (Middle & Back offices) and Finance productions teams and contributes to enhance the consistency of the set-up between the management P&L tools and the accounting ones.

  • Perform monthly reconciliations between the official management P&L produced by the middle office groups and the financial ledgers, for Capital Market, BP2S and ALM-Treasury Activities.
  • Prepare and explain FX exposures and internal Funding reconciliation reporting for these business lines, knowing that these are two key areas to secure the P&L reconciliation.
  • Investigate the discrepancies arising from the reconciliation work, including the management of interfaces between Product Accounting Control and the Middle Office, Back Office and other Finance groups.
  • Prepare monthly reconciliation documents in coordination with the financial and management accounting teams of the Finance Department, and participate to the monthly P&L reconciliation meetings.
  • Enhance and optimize the P&L reconciliation process by implementing appropriate tailor-made IT tools, maintaining updated process guidelines and monitoring the list of improvements expected to be done at the Operations and/or Finance production levels to improve and secure the P&L reconciliation process.
  • Escalate any issues/risks to management (Forecast reporting guideline).

Minimum required qualifications
  • Bachelor’s degree (preferably in Finance or Accounting) required.
  • 5 -10 years of experience in Financial Services with a background in Audit, Operational Risk or Controls.
    • 5 or more years work experience in accounting or P&L control. Some experience in Capital Market and ALM-Treasury activities is required.
  • High level of initiative and critical thinking to analyze issues as well as ability to work independently with low level of supervision.
  • Strong communication, interpersonal, presentation and organizational skills.
  • Ability to work under pressure and meet deadlines.
  • Must have demonstrated ability to interact effectively with business partners at various levels.
  • Experience working with cross-functional and multi-cultural teams strongly preferred.
  • Strong problem solving skills
  • Expertise in management reporting and accounting tools.
  • Strong knowledge of MS Excel and MS PowerPoint tools.
  • Outstanding organizational skills
  • High ethical standards
  • Flexibility to adapt to a new and changing environment

Preferred qualifications:
  • MBA / CFA / CPA
  • Macro / VBA / MS Access would be a plus

FINRA Registrations Required: 
  • Not Applicable