Legal Entity Controller

Legal Entity Controller

Liverpool Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Legal Entity Controller, managing financial control and reporting.
  • Company: BNY Mellon is a leading global asset management and banking firm with a rich 240-year history.
  • Benefits: Enjoy competitive pay, flexible resources, generous leave, and a focus on wellbeing.
  • Why this job: Make an impact in finance while working in a diverse, inclusive culture that values your ideas.
  • Qualifications: Qualified Accountant with experience in Financial Services and knowledge of GAAP preferred.
  • Other info: This role is based in Liverpool and involves leading a team across locations.

The predicted salary is between 43200 - 72000 £ per year.

Bring your ideas. Make history.Â
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world\’s top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the \’??bank of banks\’?? – 97% of the world\’??s top banks work with us as we lead and serve our customers into the new era of digital.Â

With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we\’??re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is whatÂ#LifeAtBNYMellonÂis all about.Â

We\’??re seeking a future team member for the role of Legal Entity Controller to join our Pershing Finance team. This role is located in Liverpool.

Reporting into the Head of Operations and Financial Control, this position has accountability for Financial Control across the business, acting as the first line of defence. The latter part of the role will involve the review of the control environment within Finance to ensure the controls in place are acceptable for the risks associated, whilst ad-hoc testing is performed to confirm processes work as planned.

The individual is required to understand the business and related accounting flows of the entity for which they are responsible for, maintaining the control environment (including reconciliations) and providing high quality reporting to the stakeholders. Through this understanding the person will be effective in carrying out their duties. This individual would be responsible for a group of legal entities as well as supervising a team of more junior legal entity controllers.

This role is accountable for ensuring the Regional and Global Shard Services Centres (RSSCs and GSCC) deliver; through effective, efficient Sarbanes-Oxley and regulatory compliant finance/accounting processes in accordance with local and consolidated GAAP; useable, complete, accurate and timely financial information from the point of transaction through to financial close (period, quarter, and annual) for specific legal entities.Â

This individual will monitor the outcomes of all accounting processes and transform data into information for reporting purposes, to assure all legal entity requirements have been met for regulatory compliance and reporting purposes.Â

The individual will provide insight and guidance to the SSCs related to events and transactions which have occurred throughout the period specific to their LE and assure all accounting and finance related transactions recorded accurately reflect the business operations for their assigned shared service centres.

The role will also provide leadership and direction to a team of professionals that are based in Liverpool and Chennai (India). The role will be based out of Liverpool.

In this role, you\’??ll make an impact in the following ways:Â

Produce monthly financial and management accounts accurately and to timetable
Provide analysis and insight into financial results, identifying and resolving issues within our revenue and expense lines
Ensure that the balance sheet is maintained and reconciled accurately, particularly ensuring any potential impairment is considered proactively.
Manage and complete the Financial Year end process with the delivery on approved Financial Statements
Work in partnership with our India based service team partners to support the efficiency and accuracy of the Financial Control functions
Ensure that Sub-ledger accounts that are maintained across the business are subject to a high degree and control and reconciliation

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To be successful in this role, we\’??re seeking the following:Â

Significant experience and commercial awareness in the Financial Services industry
Qualified Accountant
Knowledge of GAAP and accounting and finance concepts and analysis techniques preferred

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At BNY Mellon, our inclusive culture speaks for itself. Here\’??s a few of our awards:Â

Fortune World\’??s Most Admired Companies & Top 20 for Diversity and InclusionÂ
Bloomberg\’??s Gender Equality Index (GEI)
Human Rights Campaign Foundation, 100% score Corporate Equality Index
Best Places to Work for Disability Inclusion, Disability: IN \’?? 100% scoreÂ
100 Best Workplaces for Innovators, Fast Company
CDP\’??s Climate Change \’??A List\’??
Forbes Blockchain 50

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Our Benefits:Â

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life\’??s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.Â

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

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BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team \’?? one that is representative and inclusive of the diverse talent, clients and communities we work with and serve \’?? and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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Legal Entity Controller employer: Pinnacle Enterprise Risk Consulting Services, LLC

At BNY Mellon, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and personal growth. Located in Liverpool, our team enjoys competitive compensation, comprehensive benefits, and a commitment to diversity and inclusion, ensuring every employee feels valued and empowered to contribute their best. With opportunities for professional development and a supportive environment, we are dedicated to helping you thrive in your career while making a meaningful impact in the financial services industry.
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Contact Detail:

Pinnacle Enterprise Risk Consulting Services, LLC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Legal Entity Controller

✨Tip Number 1

Familiarise yourself with BNY Mellon's culture and values. Understanding their commitment to diversity, inclusion, and innovation can help you align your approach during interviews and discussions, showcasing how you fit into their ethos.

✨Tip Number 2

Network with current or former employees of BNY Mellon, especially those in finance or accounting roles. They can provide valuable insights into the company’s expectations and the nuances of the Legal Entity Controller position.

✨Tip Number 3

Stay updated on the latest trends and regulations in financial services, particularly around GAAP and Sarbanes-Oxley compliance. Demonstrating your knowledge in these areas during conversations can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss specific examples from your past experience that highlight your ability to manage financial controls and lead teams. Tailoring your stories to reflect the responsibilities outlined in the job description will make a strong impression.

We think you need these skills to ace Legal Entity Controller

Qualified Accountant
Knowledge of GAAP
Financial Analysis
Financial Reporting
Attention to Detail
Regulatory Compliance
Team Leadership
Accounting Principles
Reconciliation Skills
Problem-Solving Skills
Commercial Awareness
Communication Skills
Project Management
Data Transformation

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Legal Entity Controller position. Understand the key responsibilities and required qualifications, as this will help you tailor your application.

Tailor Your CV: Customise your CV to highlight relevant experience in financial control, accounting, and compliance. Use specific examples that demonstrate your understanding of GAAP and your ability to manage financial processes effectively.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention how your skills align with BNY Mellon's values and culture, particularly their focus on innovation and teamwork.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role in financial control.

How to prepare for a job interview at Pinnacle Enterprise Risk Consulting Services, LLC

✨Understand the Financial Landscape

Before your interview, make sure you have a solid grasp of the financial services industry, particularly the role of a Legal Entity Controller. Familiarise yourself with GAAP and accounting principles, as well as current trends in finance and technology that may impact BNY Mellon.

✨Showcase Your Leadership Skills

Since this role involves supervising a team, be prepared to discuss your leadership style and experiences. Think of examples where you've successfully led a team or managed projects, and how you can apply those skills to guide junior controllers effectively.

✨Prepare for Technical Questions

Expect technical questions related to financial control processes, reconciliations, and regulatory compliance. Brush up on your knowledge of Sarbanes-Oxley requirements and be ready to explain how you would ensure compliance within the finance/accounting processes.

✨Demonstrate Problem-Solving Abilities

Be ready to discuss specific challenges you've faced in previous roles and how you resolved them. Highlight your analytical skills and ability to transform data into actionable insights, as this will be crucial for producing accurate financial reports and managing potential issues.

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