At a Glance
- Tasks: Validate and report daily profit and loss figures across all trading desks.
- Company: Join CMC Markets, a leading financial services provider focused on innovation and growth.
- Benefits: Enjoy flexible working options, competitive salary, and opportunities for professional development.
- Why this job: Be part of a dynamic team driving product expansion and financial success in a fast-paced environment.
- Qualifications: Qualified accountant with experience in product control and strong analytical skills required.
- Other info: We celebrate diversity and encourage applications from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
The Group Product Controller is a newly created and pivotal role within our finance team, designed to support our strategic product diversification and expansion efforts. This role is responsible for the accurate validation and reporting of profit and loss (P&L) across all trading desks on a daily, weekly, and monthly basis. The successful candidate will play a critical role in ensuring the financial integrity and performance of both new and existing products, providing vital insights to senior management and contributing to the company's long-term success.
Key Responsibilities:
- Daily P&L Validation and Reporting: Accurately validate and report daily profit and loss figures for all product lines, including futures, options, cash equities, and treasury products. Ensure data accuracy and consistency across all reporting platforms. Investigate and resolve any discrepancies in a timely manner.
- Weekly and Monthly Financial Reporting: Prepare and deliver comprehensive weekly and monthly financial reports, including variance analysis and commentary on P&L performance. Collaborate with finance, risk, and product teams to ensure alignment on financial results and key metrics.
- Product Performance Analysis: Conduct in-depth analysis of product performance, identifying trends, risks, and opportunities for improvement. Provide actionable insights and recommendations to senior management to drive profitability and support strategic decision-making.
- Support Product Diversification and Expansion: Work closely with product teams to understand the financial impact of new product launches and expansions. Develop and maintain robust financial models to assess the profitability of new products and initiatives. Monitor and report on the financial performance of new products post-launch.
- Financial Controls and Compliance: Establish and maintain strong financial controls to ensure the accuracy and integrity of financial data. Ensure compliance with relevant accounting standards and regulatory requirements. Liaise with external auditors during financial audits and reviews.
- Cross-Functional Collaboration: Partner with key stakeholders across the organization to support business objectives. Build and maintain relationships with both Front Office and other control areas including Risk, Treasury, FP&A and Operations and gain commercial understanding of the relevant businesses and their operational processes.
KEY SKILLS AND EXPERIENCE
- Qualified accountant (ACA/ACCA/CIMA)
- Proven experience in product control, financial reporting, or similar role within the financial services industry
- Strong understanding of financial products, particularly in futures, options, cash equities, and treasury.
- Advanced proficiency in financial modelling, analysis, and reporting tools (e.g. Excel, SQL, Power BI).
- Excellent analytical skills with a keen attention to detail and accuracy.
- Strong communication and interpersonal skills, with the ability to present complex financial information to non-financial stakeholders.
- Ability to interact with senior management and Front Office staff
- Ability to work under pressure, meet tight deadlines, and manage multiple priorities in a fast-paced environment.
- Experience with financial control frameworks and regulatory requirements is a plus.
Contact Detail:
CMC Markets Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Product Controller
✨Tip Number 1
Familiarise yourself with the specific financial products mentioned in the job description, such as futures, options, and cash equities. Understanding these products will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your financial modelling skills, particularly in Excel and SQL. Being able to showcase your proficiency in these tools can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 3
Network with professionals in the finance industry, especially those who work in product control or similar roles. Engaging with them can provide valuable insights into the role and may even lead to referrals or recommendations.
✨Tip Number 4
Prepare to discuss your experience with financial controls and compliance during the interview. Highlight any relevant experiences where you've ensured data accuracy or worked with auditors, as this aligns closely with the responsibilities of the Group Product Controller.
We think you need these skills to ace Group Product Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product control and financial reporting. Emphasise your qualifications, such as ACA/ACCA/CIMA, and any specific skills related to financial modelling and analysis.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with financial products like futures and options, and how you can contribute to their strategic goals.
Highlight Analytical Skills: In your application, provide examples of how you've used your analytical skills to drive insights and improve financial performance. This could include specific projects or reports you've worked on.
Showcase Communication Abilities: Demonstrate your strong communication skills by explaining how you've effectively presented complex financial information to non-financial stakeholders in previous roles. This is crucial for the Group Product Controller position.
How to prepare for a job interview at CMC Markets
✨Know Your Financial Products
Make sure you have a solid understanding of the financial products mentioned in the job description, such as futures, options, cash equities, and treasury products. Be prepared to discuss how these products work and their impact on profit and loss.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical skills by discussing past experiences where you've conducted product performance analysis. Bring examples of how you've identified trends or risks and provided actionable insights to senior management.
✨Highlight Your Financial Modelling Expertise
Since advanced proficiency in financial modelling is crucial for this role, be ready to talk about your experience with tools like Excel, SQL, or Power BI. Consider preparing a brief example of a financial model you've built and its impact on decision-making.
✨Showcase Cross-Functional Collaboration
This role requires collaboration with various teams. Think of examples where you've successfully partnered with different departments, such as finance, risk, or operations, to achieve business objectives. Highlight your communication skills and ability to present complex information clearly.