Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.
APAC Finance is a core part of the control and support organization at Marex and are the regional representatives of the wider Finance team. The Finance team is responsible for the accurate and appropriate management, monitoring and reporting of the financials for the group. Finance includes many sub-teams which cover specific areas including Balance Sheet, Profit and Loss, forecasting and budgeting, AR / AP, and financial audit.
Role Summary
Lead the Hong Kong Finance team, responsibility for two regulated Hong Kong entities ad the associated filings with these. To manage all day-to-day finance functionality within the Hong Kong business. Minimally qualified accountant with 5 years PQE.
Overall Responsibilities
- Perform month end closing activities including journal entries, reconciliations and reporting
- Perform/Review daily bank account reconciliations and daily revenue booking
- Prepare and review Daily PnL
- Assist with regulatory and tax reporting
- Assist with internal and external audit
- Ownership of financial reporting for local clearing activity
- Liaise with intra-group companies on transfer pricing matters
- Communicate with payment team on daily expenses and settlement
- Business partnering with management, front-office business lines and HR
- Assist with monthly budget vs actual performance analysis and preparation of management reports
- Ownership of local clearing-related P&L
- This role will have one direct report
Standard Responsibilities:
- Ensuring compliance with the company’s regulatory requirements under the MAS.
- Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
- Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
- At all times complying with Marex’s Code of Conduct.
- To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
- To report any breaches of policy to Compliance and/ or your supervisor as required.
- To escalate risk events immediately.
- To provide input to risk management processes, as required.
Competencies, Skills and Experience
Competencies
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills and Experience
- Qualified accountant with 5 years PQE
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
- Experience working in a clearing firm is an advantage
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.
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What We Do
We are a diversified global financial services platform, connecting clients to global energy, metals, agricultural and financial markets. Across our businesses we provide critical high value-add services in Market Making, Execution and Clearing, Hedging and Investment Solutions, Price Discovery and Data & Advisory. We have a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021. 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. Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 22 offices worldwide, the Group has over 1,100 employees across Europe, Asia and America. State-of-the-art electronic and voice broking services facilitate all types of trading strategies. This is backed by decades of experience, with Marex emphasising intellectual knowledge and insight, alongside access to extensive data sets and the latest analytical tools. In addition to its core operations, Marex's scale and expertise in commodity derivatives, as well as physical products, has enabled it to respond to client demand and offer services for financial futures & options and foreign exchange.
