Financial Controller - Commissions

Role Description

We are looking for a Financial Controller to join our team in the East London office. The successful candidate will be responsible for financial reporting as well as additional support in financial management work allocated for the subsidiaries within the group.

Summary of duties:

• Allocating of all commissions received from institutions to representatives (advisors) and agents, as and when received
• Allocating differences in commissions received to addcoms or clawbacks as appropriate
• Investigating any material differences in commissions raised and received
• Producing month end reports within the allocated time frames
• Reconciling of month-end reports within the allocated time frames
• Production of sub-agent statements within the allocated time frames
• Ensuring that outstanding debtors are effectively followed up on in order to minimize clawbacks and keep the age analysis report as current as possible.
• Ensuring accurate and effective maintenance and capturing of commission records and following up on incorrect commission loadings by staff members.
• Following relevant existing documented processes to ensure that all responsibilities and functions are accurately and effectively performed
• Ensuring required deadlines are adhered to
• Ensuring that knowledge of required internal and third party software packages in order to complete daily tasks remains market related and of a good standard (e.g. Xero, Accpac, Excel, MS Word, Outlook and any other packages that may be used from time to time)
• Checking work for correctness to ensure integrity of information captured in order to minimise the potential for negative financial impact on the Company
• Exercise due care in the performance of your duties in order to minimize potential losses to the company
• Dealing with any relevant mail accordingly
• Maintaining good relations with colleagues in order to ensure a constructive and pleasant working environment
• Supporting with introducing innovation and technology applications to simplify, automate and introduce best practices
• Review and analyse recorded financial information to assist management with insights for better decision making
• Assisting and getting involved in extra mural activities arranged from time to time (e.g. staff socials, assisting at after-hour or weekend marketing events, fundraisers etc) in order to both help promote a good internal working environment as well as promote NVest and Group companies positively to the public. It is expected that you will volunteer to assist from time to time when required as it is important for the company that we have staff who are prepared to offer their additional time and service to the company in order to retain our strong brand and presence
• General administrative functions that may be required of you from time to time

Qualifications & Experience

• BCom Accounting degree or related finance qualification
• Working experience with commissions and least 5 years in a mid to senior position
• Experience in preparation of monthly Management Accounts and reporting
• Experience in preparation of audit files and liaison and assistance with annual audits
• Working knowledge of IFRS and the various Accounting Standards
• Experience in Microsoft, Sage AccPac, Xero, Spotlight, COMM space or another recognised accounting software packages
• Good Microsoft Excel skills including advanced formulae
• Strong numerical skills and aptitude
• Good people’s skills in respect of both staff and clients - and be able and willing to effectively communicate verbally and electronically
• Must be able to understand and follow accounting policies and procedures
• Problem solver and ability to make suggestions and recommendations for improvements to existing systems
• Excellent attention to detail
• Ability to use initiative and work under pressure
• Be someone who takes responsibility and ownership of a role and prefers to operate under only limited supervision
• Ability to work overtime if / when required
• Ability to communicate at first language English level

Should you wish to apply please email your CV through to Meriek Robinson at [email protected] Only shortlisted candidates will be contacted. Should you not receive a response within 14 days please consider your application unsuccessful. We will keep your CV on our database for any other relevant roles that may arise.