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Senior Manager - Financial Reporting

Employer
London Stock Exchange Group
Location
Colombo, Sri Lanka
Salary
Competitive
Closing date
Aug 3, 2024

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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Role profile:

Key role in the finance controllership team, contributing significantly to the data feed of Tradeweb data from Tradeweb ledgers into the Group financial statements.

ROLE SUMMARY:

Tradeweb group makes up around two thirds of the Capital Markets division and consists of 40+ entities (primarily based in US). Tradeweb have their own ledgers (Oracle) and they publish their own consolidated financial statements every quarter under US GAAP.

This role is a key contributor to ensuring that Tradeweb data are converted from US GAAP into IFRS and included into the group financial statements accurately and on time.

You will be the key point of contact for any Tradeweb-related queries (including the questions on Tradeweb financials from the consolidation team, auditors, FP&A team, IR team etc) and also responsible for managing relationship with Tradeweb reporting team.

WHAT YOU'LL BE DOING:
  • Manage the relationship with Tradeweb and be the key point of contact.
  • Own the month end close process with respect to Tradeweb data and ensure the process is delivered consistently and on time.
  • Coordinating data feed from Tradeweb ledgers into LSEG ledgers (SAP);
  • To prepare or review and approve the SAP journals for accounts and BS movement type reclasses to correct data feed from Tradeweb ledgers (various types of adjustments);
  • To review and approve the SAP journals for IFRS conversion of Tradeweb data (to be drafted by junior member in Sri Lanka);
  • To correct Tradeweb data in HFM as required (Non-controlling interest movements, restricted cash, fix the HFM validation issues etc);
  • To generate the reports for the tax team and the auditors every quarter to explain adjustments posted to convert Tradeweb data from US GAAP to IFRS;
  • To provide the consolidation team and FP&A team with explanations for material BS and PL fluxes in Tradeweb entities (liaising with the Tradeweb team for further details);
  • To review and approve the monthly BS and PL reconciliations between Tradeweb ledgers balances and SAP balances (the reconciliations are prepared by COE team), differences should be investigated and corrected;
  • To generate the HFM reports for Tradeweb team (so Tradeweb team can run high level PL reconciliation on their side);
  • To coordinate the creation of new entities / accounts in SAP / LSEG Oracle / HFM as required to accommodate data flow from Tradeweb ledgers all the way to HFM;
  • Run Bex reports to ensure Tradeweb non-underlying data are reported consistently between various LSEG systems;
  • To review the interco revenues / interco COS journals from Tradeweb ledgers each month and reconcile them to the Interco revenues / Interco COS recorded in REF side assisting in resolving interco mismatches REF vs Tradeweb and identify any issues with revenues reporting in Tradeweb entities.
WHAT YOU'LL BRING:
  • Degree (or equivalent) and qualified accountant (ACA or equivalent).
  • 5-8 years plus PQE.
  • Extensive and current knowledge of financial reporting standards.
  • Experienced user of SAP, Oracle and HFM.
  • Ability to build strong working relationships with global colleagues.
  • Effective oral and written communication that resonates with the target audience.
  • Management skills to deal with other qualified senior accountants.
  • Pro-active behaviour that demonstrates initiative and positive work ethic to ensure activities are delivered to the required time, budget and quality.
  • Ability to utilise all available resources and toolsets to investigate and resolve problems and ensures the most appropriate solution is identified.
  • Strong planning and prioritising according to business needs.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership , Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject .

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

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