Legal Entity Controller

BNY Mellon

Job title:

Legal Entity Controller

Company

BNY Mellon

Job description

Job Description:Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world’s top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” – 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.We’re seeking a future team member for the role of Legal Entity Controller to join our Pershing Finance team. This role is located in Liverpool.Reporting into the Head of Operations and Financial Control, this position has accountability for Financial Control across the business, acting as the first line of defence. The latter part of the role will involve the review of the control environment within Finance to ensure the controls in place are acceptable for the risks associated, whilst ad-hoc testing is performed to confirm processes work as planned.The individual is required to understand the business and related accounting flows of the entity forwhich he/she is responsible, maintaining the control environment (including reconciliations) and providing high qualityreporting to the stakeholders. Through this understanding he/she will be effective in carrying out their duties. This individual would be responsible for a group of legal entities as well as supervising a team of more junior legal entity controllers.This role is accountable for ensuring the Regional and Global Shard Services Centres (RSSCs and GSCC) deliver;through effective, efficient Sarbanes-Oxley and regulatory compliant finance/accounting processes in accordance with local and consolidated GAAP; useable, complete, accurate and timely financial information from the point of transaction through to financial close (period, quarter, and annual) for specific legal entities.This individual will monitor the outcomes of all accounting processes and transform data into information for reporting purposes, to assure all legal entity requirements have been met for regulatory compliance and reporting purposes.The individual will provide insight and guidance to the SSCs related to events and transactions which have occurred throughout the period specific to their LE and assure all accounting and finance related transactions recorded accurately reflect the business operations for their assigned shared service centres.The role will also provide leadership and direction to a team of professionals that are based in Liverpool and Chennai (India). The role will be based out of Liverpool.In this role, you’ll make an impact in the following ways:

  • Produce monthly financial and management accounts accurately and to timetable
  • Provide analysis and insight into financial results, identifying and resolving issues within our revenue and expense lines
  • Ensure that the balance sheet is maintained and reconciled accurately, particularly ensuring any potential impairment is considered proactively.
  • Manage and complete the Financial Year end process with the delivery on approved Financial Statements
  • Work in partnership with our India based service team partners to support the efficiency and accuracy of the Financial Control functions
  • Ensure that Sub-ledger accounts that are maintained across the business are subject to a high degree and control and reconciliation

To be successful in this role, we’re seeking the following:

  • Significant experience and commercial awareness in the Financial Services industry
  • Knowledge of GAAP and accounting and finance concepts and analysis techniques preferred

At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:

  • Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg’s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index

, Disability: IN – 100% score * 100 Best Workplaces for Innovators, Fast Company

  • CDP’s Climate Change ‘A List’
  • Forbes Blockchain 50

Our Benefits:BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Expected salary

Location

Liverpool

Job date

Wed, 27 Mar 2024 05:53:58 GMT

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