At a Glance
- Tasks: Join our Product Control team to manage financial reporting and analysis.
- Company: Jefferies, a leading global investment banking firm with a dynamic culture.
- Benefits: Competitive salary, professional development, and opportunities for growth.
- Other info: On-site role in London with excellent networking opportunities.
- Why this job: Make an impact in finance while working with a collaborative team.
- Qualifications: Part qualified in accounting with strong Excel skills; finance experience preferred.
The predicted salary is between 36000 - 60000 € per year.
Company Jefferies, the global investment banking firm, has served companies and investors for over 50 years. Headquartered in New York with its European head office in London and staff in over 30 global cities, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, and wealth and asset management. Jefferies provides research and execution services in equity, fixed income, foreign exchange, futures and commodities markets, and a full range of investment banking services including underwriting, mergers & acquisition, restructuring and recapitalisation.
Role This role is for an Associate within the Investment Banking Division Product Control team at Jefferies International Limited (JIL) covering the European based businesses. The role will also entail working closely with our offshore team to ensure high standards are maintained.
Key Responsibilities
- Daily Production tasks include:
- Formal PL production (including Fee Validation / Flash vs Actual analysis)
- Daily Inventory Reporting
- Daily Reporting & Analysis of Firm Balance Sheet
- T0 Reporting across Trading/ Banking Divisions
- Participation in weekly P&L call
- Month End work including:
- Balance Sheet substantiation
- Reconciliation of reported PL to ledger
- Assistance to IPV process
- Presenting Income Statement & Balance sheet items in accordance with policy guidance
- Working with and across other groups to resolve breaks/exceptions in a timely manner
- Analytical Review & Commentary (PL and BS)
- Contribution to month end reporting packs and stakeholder MI requests
- Disclosures production
- Additional responsibilities:
- Improve and challenge existing controls and processes
- Involvement in new business approval process
- Provide cover for wider Controllers Team
- Ad hoc project work
Person Specification
- Part qualified/qualified in the accounting field
- Prior finance/product control experience preferred
- Understanding of the key components of a bank's balance sheet / P&L
- Strong Excel knowledge, VBA skills are preferable
- Ability to write and present commentary pertaining to business area(s) supported
- High attention to detail with a control focused mindset and awareness of when to elevate issues
- Team player
- Able to prioritise workload to achieve targets
- Uses initiative to identify issues and implement solutions
- Ability to automate and rationalise process as necessary
This role will be based on site in London and successful candidate will be expected to build relationships with the front office, COO teams, middle office, operations, GL Control etc. A mindset of continually reassessing and building upon the existing control environment will be crucial to success.
Product Control (Associate) in London employer: Jefferies
Jefferies is an exceptional employer, offering a dynamic work environment in the heart of London, where associates can thrive in the fast-paced world of investment banking. With a strong emphasis on employee growth and development, Jefferies provides ample opportunities for professional advancement, alongside a collaborative culture that values innovation and teamwork. The firm’s commitment to maintaining high standards and fostering relationships across various teams ensures that employees are well-supported in their roles, making it a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Product Control (Associate) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Jefferies. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to product control. We recommend using the STAR method to structure your answers – it helps you showcase your skills effectively!
✨Tip Number 3
Show off your Excel skills! Be ready to discuss how you've used Excel in past roles, especially if you have any VBA tricks up your sleeve. It’s a big plus for this role!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Product Control (Associate) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Product Control role. Highlight your finance experience and any relevant skills, like Excel or VBA. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at Jefferies and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of reporting and analysis, make sure to showcase your analytical skills in your application. Mention specific examples where you've used these skills to solve problems or improve processes.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Jefferies
✨Know Your Numbers
Brush up on your understanding of balance sheets and P&L statements. Be ready to discuss how these components impact the overall financial health of a company, as this will show your grasp of the role's key responsibilities.
✨Excel Like a Pro
Since strong Excel skills are a must, practice using advanced functions and VBA. Bring examples of how you've used these tools in past roles to streamline processes or improve reporting accuracy.
✨Show Your Analytical Side
Prepare to present a case where you’ve conducted an analytical review or commentary. This could be a project where you identified issues and implemented solutions, showcasing your attention to detail and control-focused mindset.
✨Team Player Mindset
Be ready to discuss how you've collaborated with different teams in previous roles. Highlight specific instances where you resolved conflicts or improved processes through teamwork, as building relationships will be crucial in this role.
