Commercial And Corporate Banking – Product Controller

in Accounting + Finance
  • New York, New York View on Map
  • Salary: $130,000.00 - $140,000.00
Permanent

Job Detail

  • Experience Level Manager
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Hybrid
  • Job Reference 0000015145
  • Salary Type Annually
  • Industry Banking
  • Selling Points

    Lead impactful financial operations in a hybrid role with a top-tier organization. Collaborate across departments to optimize processes and ensure accurate reporting. Enhance your expertise in managerial accounting and product control.

Job Description

Overview

  • Serve as a Product Controller for Commercial and Corporate Banking, managing accounting and reporting for diverse financial products.
  • Ensure accurate daily, monthly, and yearly reporting aligned with the general ledger and legal line items.
  • Resolve variances between expected business revenues and actual revenues, ensuring financial accuracy.
  • Collaborate on managerial profit-sharing adjustments and reporting to branches and headquarters.
  • Participate in projects and enhancements for the Product Control team, driving process improvements.
  • Engage with cross-functional teams including Operations, Technology, FP&A, and Front Office.
  • Contribute to Finance initiatives and projects, fostering organizational growth and efficiency.

Key Responsibilities & Duties

  • Perform daily, monthly, and quarterly P&L production and analysis for financial products.
  • Conduct month-end managerial reporting and profit-sharing adjustments with branches and headquarters.
  • Ensure accurate month-end General Ledger closes in collaboration with the accounting team.
  • Substantiate balance sheets and assess new trades for valuation and accounting treatment.
  • Provide analysis and responses to ad hoc requests from various organizational areas.
  • Reengineer processes to improve operational efficiencies and reporting accuracy.
  • Collaborate with cross-functional teams to ensure seamless financial operations.

Job Requirements

  • Bachelor's degree in Accounting or Finance; CPA or CFA preferred.
  • Minimum of 4 years of product control experience, particularly in loan products.
  • Proficiency in Excel and strong analytical problem-solving skills.
  • Ability to multitask efficiently and work both independently and collaboratively.
  • Excellent interpersonal, written, and verbal communication skills.
  • Experience in process reengineering and finance initiatives is advantageous.
  • High attention to detail and organizational skills.
  • ShareAustin:

Related Jobs