At a Glance
- Tasks: Support daily P&L production and reconcile trading systems with accounting ledgers.
- Company: Join a Fortune 100 company connecting clients to global markets.
- Benefits: Competitive salary, career progression, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for professional growth.
- Why this job: Make an impact in financial services while working with innovative products.
- Qualifications: Chartered Accountant or equivalent with 5+ years in Product Control.
The predicted salary is between 70000 - 85000 £ per year.
Overview
Connecting clients to markets – and talent to opportunity.
With 4,500+ employees and over 300,000 commercial, institutional, payments, and retail clients, we operate from more than 70 offices spread across six continents.
As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world‑class products and services to all types of investors.
Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, Stone X Group is made up of four business segments that offer endless potential for progression and growth.
Position Purpose
Support the London‑based Product Control team in the daily and monthly accounting cycle, undertaking financial and management accounting activities with a focus on P&L reporting for Stone X Financial Ltd and other global group entities.
The role centres on cross‑product initiatives across Precious Metals, LME, FX Prime Broker (FXPB) and OTC businesses, including daily reconciliation of trading systems to accounting ledgers, strengthening and enhancing existing control frameworks, and supporting the continued growth of the businesses.
Responsibilities
- Supporting daily P&L production for Precious Metals, LME, FXPB and OTC businesses globally
- Reconciling trading system to accounting system for revenue and client balances
- Perform accounting and reporting activities throughout the month
- Validation & reconciliation of monthly results and posting of month end adjustments a reconilcations of books and records.
- Assisting with implementation of current processes and integration of control enhancements
- Contributing to stardisation of cross product initiatives
- New and existing trade validation and reporting
- Balance sheet analysis and substantiation
- Updating Blackline (month end reporting tool)
- Audit related queries Assisting with trading and accounting system migrations
- Provide cover for wider team
Qualifications
- UK or overseas Chartered Accountant (ACA, ACCA, CIMA, CPA qualified or equivalent) or qualified by experience who has had experience in the preparation of accounts, within the Financial Services sector
- 5+ years of Product Control / Financial Control experience.
- Knowledge and experience of daily product accounting for commodity derivatives, physical products (LME and Precious Metals) and FXPB.
- Working within a regulated environment and exposure to Sarbannes Oxley requirements; controls surrounding division of duties
- Experience of monthly and daily routine processes for daily P&L and risk reporting
- Strong knowledge of dervatives and other financial instruments
- Solid general ledger and balance sheet experience
- Experience in performing process improvements and comfortable with P&L explains
- Working well under strict deadlines
- Good personal and team working skills
- Medium to Advanced-level MS Excel experience including database and SQL queries including AI adoption
- Experience with daily P&L reporting
- Attention to detail and strong balance sheet appreciation
- Good problem‑solving skills
- Sound technical skills, abilities to deconstruct information and assess with excellent judgement, and strong operational focus
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Commodities Controller employer: StoneX Group Inc.
StoneX Group Inc. is an excellent employer for aspiring FX traders, offering a vibrant work culture in the heart of London that fosters collaboration and innovation. With a strong emphasis on employee growth, the company provides extensive training and mentorship opportunities, ensuring that you can develop your skills in a fast-paced environment while making meaningful contributions to the forex market. Join us to be part of a team that values excellence and supports your career aspirations in the dynamic world of FX trading.
StudySmarter Expert Advice🤫
We think this is how you could land Commodities Controller
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like StoneX Group Inc.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commodities Controller
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to StoneX Group Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on StoneX Group Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at StoneX Group Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with StoneX Group Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at StoneX Group Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former StoneX Group Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
