Overview
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Job Details
Sr. Business Analyst with Banking, Accounting(Ledger, P&L, Trade) background and finance control or product control background -Onsite -Whippany, NJ- only locals and 10+ years mus
Business Analyst position -Candidate should be from Accounting background and has understanding on Investment Banking side of it.
Financial Control or Product Control background good to have with Subledger Migration. Here is the job description for this group:
profile should have experience with the investment banks and it s back office. Subledger and Main ledger process for Fixed Income trades Trade lifecycle events postings to subledger accounts in settlement systems.
Subledger and Main Ledger Accounts configuration and event posting process Different types of accounts in the investment banks back office like Balance sheet accounts, P&L accounts Perform the reconciliation of balances at book level, account level, and more granular levels. Monitor the reconciliation of the balance breaks Configure the Accounting entry rules(AET) in the subledger accounting system Manual journal postings using AET to resolve the breaks and know which side of the balance should get posted Reverse entries posting process for the settlement fails. Calculate the P&L and post the entries for back dated trades. Having a Trade settlement knowledge will help understanding the accounting and events.