Product Control Manager - Vice President

Product Control Manager - Vice President

– Mizuho

OverviewThe Finance Department provides support to the business and fulfils internal and external financial reporting functions. It is responsible for providing monthly and quarterly reports on business performance to management and all areas of the organisation, including head office in Tokyo. It performs a vital role in the annual business planning process, coordinates the external audit, produces published accounts, and is responsible for tax policy and compliance. The Finance Department’s Regulatory Reporting Team monitors and reports regulatory capital and liquidity, and provides reports to the Bank of England and the Japanese Financial Services Agency (JFSA).

The Product Control area is responsible for the main internal reporting and control functions relating to the trading elements of the Company. It works closely with the business and Risk Management department in London and Tokyo.

What will you be doing?Primary responsibilities are to produce and analyse defined daily trading PandL, verify the values of the positions held by the trading desks and substantiate Trial Balance line items and other trading related balances. You will provide supervisory oversight of the onshore team producing desk-based reporting. You should develop a good understanding of the products and trading desk strategies to generate revenue, and maintain a control framework for review and oversight by junior team members.

PandL reporting: Daily, Monthly and Year-to-Date Trading PandL and Balance Sheet for assigned desks; PandL attribution and commentary

Reconciliation between front office systems, sub-ledger and general ledger

Report material adjustments to PandL, including discrepancies to desk''s flash

Investigate and resolve balance sheet breaks in a timely manner

Meet daily and monthly reporting deadlines

Daily control checks completed and reviewed

Make, review and challenge Post Close Entries (PCEs)

Plan and track resolution of infrastructure issues

Daily FX exposure reporting

Month-end cost-plus processing and other adjustments

Assist Team Supervisor with weekly and monthly commentary/analysis for Head of Department

Build strong working relationships with Revenue division and other support departments

Oversight and Team Supervision

Supervision and development of more junior staff

Establish control checkpoints to ensure deliveries meet standards and deadlines

Project Management

Manage small projects to deliver process improvements and efficiencies

Review new business initiatives and PC functional requirements

What do you need to succeed?

Undergraduate degree or equivalent in Accounting, Finance, Maths or related quantitative discipline

Strong numerical and analytical skills

Aptitude to learn accounting concepts and financial products

Proficient in Microsoft Excel; strong organizational and time-management skills

Excellent communication and problem-solving abilities

Collaborative nature and ability to support change

Supervisory / Managerial Skills to consider

Transparent communication to provide clear direction

Strong decision-making to delegate tasks

Foster teamwork and cohesion

Motivate the team to high standards

Empower individuals to own their goals

Coach, mentor and develop the team

What Mizuho Can Offer YouThere are opportunities for progression and clear paths to promotion. We offer a range of benefits intended to support your career and well-being.

Competitive starting salary, plus discretionary bonus

Non-contributory pension

27 days’ annual leave

Core working hours; hybrid working (office and home)

Virtual GP and wellbeing benefits

For applicable roles only

At Mizuho, we embrace flexible ways of working where the role permits, including part-time, job-sharing and hybrid working. Our purpose-led culture and global infrastructure enable collaboration and agile ways of working to meet business needs.

At Mizuho we are committed to equality, diversity and inclusion, and strive to create a workplace that is fully inclusive. We welcome applications from all sections of the community, including all ethnic backgrounds, sexual orientations, beliefs, gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss accessibility requirements or reasonable adjustments, please contact recruitment@mizuhoemea.com.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other, Finance, and Accounting/Auditing

Industries

Financial Services, Banking, and Investment ..... full job details .....