Legal Entity Controller - Tangent Trading
About Marex
Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.
Tangent Trading combines financial strength with a global network of customers and suppliers to provide quality recycled metals services. Part of the Marex Group since 2020, Tangent Trading is a leading non-ferrous recycled metals trader, specialising in copper and aluminium.
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Role Summary
We are looking for an experienced finance professional to assume the newly created position of Legal Entity Controller within our growing physical recycled metals business.
Reporting into Tangent Trading Limited's Financial Controller, the successful candidate will be primarily responsible for the month end closing process for each entity, production of the monthly management accounts, monthly balance sheet substantiation and review, monthly and quarterly performance reporting and analyses within the Recycled Metals Business.
In addition to operating within their core function, there will also be significant exposure to the wider finance and business departments, including the Trading, Product Control and Shipping within Tangent as well as within the wider Marex Group.
Responsibilities
- Responsible for month end close processing and reporting for each of the entities within the Recycled Metals Business. Includes general ledger administration, P&L and balance sheet close, journal entry and review and management reporting.
- Prepare monthly balance sheet substantiation ensuring all allocated accounts have the appropriate supporting information for review by the Tangent's Financial Director or Financial Controller
- Build and maintain relationships with both Front Office and other control areas including Risk, Treasury, FP&A, Tax and Operations and gain commercial understanding of the relevant businesses and their operational processes
- Improve/automate processes by understanding non/semi-automated processes, designing automated processes and deliver improvement working with relevant technology teams
- Involvement in compiling the business's regular cashflow forecasting updates and planning and communicating our funding requirements with Group Treasury and other stakeholders.
- Providing key support for Accounts Payable and Receivable related activities, including but not limited to, verifying and processing daily payments to suppliers and other counterparties.
- Ensure all financial control activities are documented in sufficient detail and are kept up to date at all times in line with Sarbanes-Oxley Act (SOX) requirements.
- Assist in internal and external audit activities.
Skills and Experience
- Minimum of 3 years' experience* in a similar role.
- ACA Qualified accountant (or equivalent) is essential.
- In depth understanding and up to date knowledge of accounting standards
- Knowledge and experience of the LME Base Metals market and physical trading is desirable but not essential
- Excellent team player
- Good attention to detail and problem-solving skills
- Analytical and accounting skills
- Good written and verbal communication skills
- Ability to interact with senior management and staff from different departments
- Strong hands-on systems skills encompassing intermediate-advanced MS Excel, MS Office
- Knowledge of Brady/Quor Fintrade or other CTRM systems as well as Peoplesoft would be a benefit
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
Competencies
- A collaborative team player, approachable, self-efficient and influences a positive work environment
- Demonstrates curiosity
- Resilient in a challenging, fast-paced environment
- Ability to take a high level of responsibility in a fast pace and high-volume environment
- Excels at building relationships, networking and influencing others
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Conduct Rules
You must:
- Act with integrity
- Act with due skill, care and diligence
- Be open and cooperative with the FCA, the PRA and other regulators
- Pay due regard to the interests of customers and treat them fairly
- Observe proper standard of market conduct
- Act to deliver good outcomes for retail customers
Company Values
Acting as a role model for the values of the Company:
Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.
Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.
Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.
Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.
Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client's various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.
*candidates outside of this range will still be considered
Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
#LI-DG1
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