So, i have self studied my ACCA, i am newly qualified and my expirnce in my field is on the weak side
i was working as an assistant accountant to gain exp
recently i passed the interview from two roles one within bank of america and one for a large company
bank of america is a product controller/finance role:
Main responsibilities of the role will include general ledger reconciliation, P&L preparation, risk reconciliation and preparation. Successful candidates will have daily interaction with colleagues across the organisation, predominantly: front office, middle office / operations, wider finance group and numerous other departments.
You will work within the wider CFO group, which enjoys a reputation within Bank of America Merrill Lynch for flawless financial management and control. Our people are valued business partners and advisers to leaders in our business lines.
As a product controller your main responsibilities will involve:
As a product controller the following experience is desirable:
large company is an assistant accountant role:
b responsibilities:
my question .is what is better for my being ACCA? what gives me more exposure? more career progression? better salary?
i was checking product controller salaries they are decent, but will this mean i cannot call myself an accountant?
what role would you go for?
i was working as an assistant accountant to gain exp
recently i passed the interview from two roles one within bank of america and one for a large company
bank of america is a product controller/finance role:
Main responsibilities of the role will include general ledger reconciliation, P&L preparation, risk reconciliation and preparation. Successful candidates will have daily interaction with colleagues across the organisation, predominantly: front office, middle office / operations, wider finance group and numerous other departments.
You will work within the wider CFO group, which enjoys a reputation within Bank of America Merrill Lynch for flawless financial management and control. Our people are valued business partners and advisers to leaders in our business lines.
As a product controller your main responsibilities will involve:
- Daily P&L/ product control functions, business reporting and ledger substantiation
- Working with Front Office to explain their P&L
- Working across the team to agree correct accounting treatment for trades and portfolio
- Balance sheet substantiation
- Constant monitoring and improvements of risk control process
- Implement improvements to the system infrastructure & control environment
- Production and monitoring of Daily and Monthly KPI’s
- Deliver support for new products and initiatives
- Drive standardisation of process, application and data source.
As a product controller the following experience is desirable:
- Strong understanding of deal life cycle with good appreciation of operational risks and mitigating control activities.
- Gain a good understanding of the systems and the shortfalls, able to work around and work closely with IT to develop system and resolve issues.
- Good problem solving skills for numerous reconciliations ranging from actual to trader estimate, ARAP reconciliations between ledger and system.
large company is an assistant accountant role:
b responsibilities:
- Daily cashbook reconciliations- Liaise with transactional teams to ensure bank account control
- Processing and raising customer rebate credit notes and invoices
- Accruals and prepayments
- Stock adjustment journals
- Other month end jnls
- Balance sheet reconciliations
- Fixed asset additions and disposals
- Branch P&L queries
- Ad hoc reporting and anlaysis
- The ability to cover for other team members: petty cash, purchasing card admin, manual payments etc.
my question .is what is better for my being ACCA? what gives me more exposure? more career progression? better salary?
i was checking product controller salaries they are decent, but will this mean i cannot call myself an accountant?
what role would you go for?