Manager Financial Accounting

Group Overview:

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview:

We are seeking a highly skilled and experienced accounting professional to oversee the compensation line on the TPICAP P&L, one of the most significant expenses reviewed by all levels of management.

This hybrid, Tues through Thur. role requires a strong background in accounting, with demonstrated success in leading and developing high-performing teams.

The ideal candidate will be a proactive self-starter, capable of working independently while maintaining accountability. They must be detail-oriented, comfortable handling large data sets, and able to analyze and clearly explain variances.

This position offers high visibility, with direct exposure to the CFO and senior management, making it an excellent opportunity for a results-driven leader looking to make a strategic impact.

Role Responsibilities:

As a Manager Financial Accounting, you will oversee the daily operations of the compensation team, providing leadership, training, and performance oversight. This role requires a strong ability to independently manage reconciliations, bonus calculations, and financial reviews while also collaborating with the compensation and general ledger teams on various initiatives. You will ensure accuracy, compliance, and efficiency in all processes while meeting strict financial reporting deadlines. The ability to work autonomously, exercise sound judgment, and drive continuous improvement is essential. Responsibilities may include, but are not limited to, the following:

·Supervise compensation team duties and provide assistance to ensure tasks are executed accurately and effectively.

·Perform and review monthly compensation calculations for various divisions, ensuring accurate recording on the balance sheet and P&L within provided deadlines.

·Perform monthly review for changes to broker contracts, and update compensation calculations to ensure accurate bonus accruals.

·Assist with the review, distribution and communication of broker commission calculations to Desk Heads and Senior Management.

·Maintain and review records for all Equity Plans.

·Communicate deferral bonus amounts to Desk Heads, Senior Management, Payroll, and Human Resources.

·Liaise with firm stakeholders to provide requested equity plan information.

·Review monthly journal entries for employee-related activities, including non-performance-based bonuses, COBRA, life insurance, disability, medical & dental, and pension.

·Prepare and input the annual budget and forecast as it relates to compensation.

·Review monthly equity plan accruals, and other payroll-related balance sheet accounts.

·Work with the Controls & Governance team to identify potential gaps in processes and ensure proper adherence to established controls.

·Assist and or lead in process improvements to enhance efficiency and accuracy within the compensation function.

·Assist with internal and external audits, providing reconciliations and supporting documents related to compensation accounting.

·Provide ad-hoc analysis and perform special projects as required.

Experience / Competencies:

Essential

• 4+ years of experience in finance, accounting, or a related field, with a basic understanding of accounting principles and financial processes.

• Strong analytical skills, attention to detail, and the ability to communicate effectively with both financial and non-financial stakeholders.

• 2+ years of supervisory experience leading and managing a team of 4 or more, ensuring accuracy and efficiency in compensation calculations, accounting entries, and financial reporting, specifically related to compensation items on the P&L.

• Advanced proficiency in Microsoft Excel, including pivot tables, VLOOKUPs, and complex data analysis to ensure accuracy in compensation-related financial reporting and monitoring P&L impacts.

• Exceptional oral and written communication skills, with the ability to effectively communicate complex financial and compensation data to senior management, payroll, HR, and other stakeholders.

• Confidence and presentation skills to present to C-suite executives and senior leadership, ensuring clear understanding of compensation data and its impact on the P&L.

• Ability to learn quickly, solve accounting challenges, and ensure accurate financial reporting.

• Detail-oriented with strong analytical and problem-solving skills, focusing on ensuring accuracy in compensation and accounting processes related to P&L line items.

• Proven ability to prioritize and multitask effectively in a fast-paced environment, ensuring high-quality output while meeting deadlines.

• Motivated candidates with a growth mindset, including those newer to the field or looking to expand their experience in accounting, are welcome to apply.

• The ideal candidate is proactive and confident in seeking clarity and asking questions as they navigate the role. A willingness to engage, learn, and adapt is essential for success.

 Desired

• Proactive, self-motivated, and capable of independent thinking, while maintaining a collaborative approach to solving problems and driving process improvements.

• Ability to collaborate across multiple teams, fostering strong relationships with key stakeholders, including senior management, to ensure alignment and effective communication of compensation data and financial decisions.

• Experience in preparing and presenting compensation budgets and forecasts, providing clear financial insights to leadership teams.

• Experience with process improvements, enhancing the efficiency and accuracy of compensation functions and financial reporting.

• Experience with accounting workflows, including managing tasks and collaborating across teams, is beneficial but not required.

• Familiarity with compensation-related processes (e.g., bonus accruals, equity plans, and related P&L reporting) is a plus, but candidates without this experience are encouraged to apply

• Bachelor’s degree in Accounting or Finance preferred, providing a solid foundation in financial principles, accounting practices, and compensation management.

Level 7

$150,000-$160,000

#LI-MID #LI-Hybrid

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

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