Consultant Expert - compensation and financial reporting for UK & EMEA region

Permanent contract|Bangalore|Human Resources

Consultant Expert - compensation and financial reporting for UK & EMEA region

Bangalore, India Permanent contract Human Resources

Responsibilities

  • Supervise the booking of short- and long-term bonuses and the related hedges in the UK and other EU (non Paris) locations in coordination with SG Paris.
  • Assisting the onshore manager in the supervision of the group and regulatory reports
  • Provision of bonus information to offshore accounting teams, local CFOs, tax specialists and Paris including tailor made reports.
  • Liaising with the management accounting team to ensure the bonus accounting is correctly booked.
  • Reconciliation and substantiation of accounts.
  • Automating and enhancing controls on the accounting processes.
  • Suggesting and implementing technical solutions to improve operational efficiency and accuracy
  • Ensure appropriate levels of documentation of key processes are established and maintained.
  • Management of foreign currency hedging.
  • Participating in offshore governance calls.

Profile required

Job Description:

Finance team at Societe Generale London Branch in the UK is responsible for the financial management, oversight, production, and reporting. Working within a team that oversees the regulatory and financial framework for a branch of one of Europe’s leading financial services groups.

Key purposes of the role

Reporting to SGLB Financial Reporting and Compensation Manager, the role covers a wide range of activities and processes in support of the SGLB’s financial reporting. This will include liaising with offshore teams who produce the financial and regulatory accounts for SGLB.  The role also ensures that the SGLB accounting processes are correctly managed and well controlled. There will be a specific responsibility for compensation benefits. The finance team in the UK provides accounting and reporting services to the Group for SG’s banking and investment entities in the UK: SG London Branch, SG Investments Ltd (ex-Newedge) and EMEA GBIS entities for some specific processes such as Fidelity Bonus.

Summary of responsibilities :

  • Supervise the booking of short- and long-term bonuses and the related hedges in the UK and other EU (non Paris) locations in coordination with SG Paris.
  • Assisting the onshore manager in the supervision of the group and regulatory reports
  • Provision of bonus information to offshore accounting teams, local CFOs, tax specialists and Paris including tailor made reports.
  • Liaising with the management accounting team to ensure the bonus accounting is correctly booked.
  • Reconciliation and substantiation of accounts.
  • Automating and enhancing controls on the accounting processes.
  • Suggesting and implementing technical solutions to improve operational efficiency and accuracy
  • Ensure appropriate levels of documentation of key processes are established and maintained.
  • Management of foreign currency hedging.
  • Participating in offshore governance calls.

Additional Responsibilities of the role:

  • Comply with all Risk and regulatory obligations where relevant
  • Responsibility for ensuring that you are fully aware of and adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility
  • Responsibility for reading, understanding, and complying with the Company's Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates 

Required Competencies:

  • Familiarity with the accounting rules for bonus schemes and compensation accounting alongside general accounting and reporting experience within financial services.
  • Curiosity with the ability to understand and leverage on new data management tools to drive operational efficiencies.
  • Attention to detail.
  • Proficient oral and written communication skills
  • Proactive and problem-solving attitude.
  • Good organisational skills with the ability to manage competing priorities.
  • Team Player with an emphasis on collaboration.
  • Trust worthiness and ethical

Flexibility, with the ability to adapt to a fast paced and constantly changing environment

Why join us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.

Business insight

At Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices and sharing their skills with charities. There are many ways to get involved.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000ZLX
Entity: SG Global Solution Centre
Starting date: 2023/03/23
Publication date: 2023/01/16
Share