Trade Accountant (SD274)
Royal Bank of Scotland Group - Stamford, CT

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Role/Team Summary

The Trade Accounting group is responsible for daily reconciliation of balance sheet accounts related to securities trading and fee accruals. Trade Accounting works with other functional groups in Operations, Finance and IT to ensure trades and fees are booked correctly and are properly reflected in the general ledger.


¨ Analyze balance sheet accounts that relate to daily trading activity. Investigate and resolve any discrepancies between G / L and source systems.
¨ Review and ensure all syndicate accounting flows are in agreement with securitization activity and reconciled to Product Control P&L.
¨ Monitor and update all syndicate fee and expense accruals to subsequent cash flows.
¨ Complete month end close ensuring that all related balance sheet accounts are reviewed and any necessary month end adjustments complete.
¨ Analyze all broker activity (repo, swap, etc.) between month end invoices and firm accruals. Identify and resolve all differences.
¨ Determine proper journal entries for Trade Accounting and Operations teams.
¨ Monitor and coordinate with Funding team all firm inter-company balances. Prepare all inter-company wires as needed.

¨ Calculate and record to books and records all fee related accruals. Ensure all cash flows are settled accordingly.

¨ Document procedures, resolve underlying issues, and coordinate the modification of procedures with manager as needed.
¨ Suggest, design, and implement technology solutions.
¨ Implement and maintain control environment for Trade Accounting Operations.

Minimum Requirements

¨ Bachelor’s degree in Finance or Accounting preferred.
¨ Proficiency with Microsoft Office applications required.
¨ The candidate must be detail oriented.
¨ The candidate must be a self starter with strong organizational and communication skills.
¨ The candidate must be able to work on multiple tasks and respond well to a deadline oriented environment. ¨

The candidate must possess strong problem solving skills.

Equal Opportunity Employer

"It is the policy of The Royal Bank of Scotland, PLC to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, genetic information, pregnancy, veteran or military status, marital or domestic partner status, or any other factor protected by federal, state, and/or local laws."

“Employer immigration sponsorship not available for this role.”

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