Plus500 Israel Ltd. is a leading licensed Trading Arena operating under the supervision of the Israel Securities Authority (ISA). We are a subsidiary of the global FinTech group, Plus500 Ltd., which is listed on the London Stock Exchange (LSE) and included in the FTSE250 index.
We are seeking a highly motivated Financial Controller to lead the accounting and financial processes. This role is central to our operations, ensuring strict compliance with Israeli regulation while adhering to the rigorous global standards of the Plus500 group.
Responsibilities:
A. Accounting and Monthly Closing (Closing & Reporting)
- Monthly Close: Full ownership of the monthly accounting close process, including posting all accruals, prepayments, and necessary adjustments.
- Reconciliations & FX: Monthly reconciliation of all the Company's OWN funds accounts. Execution of monthly FX revaluations for Balance Sheet accounts and supplier balances.
- Group Reporting: Preparation and submission of the monthly Management Accounts Package and Financial Reporting Package to the Group HQ.
- FP&A: Preparation of the monthly Budgeted Vs. Actual spreadsheets, including numerical analysis and commentary for the management team.
B. Client Money Management & Regulatory Compliance (ISA)
- Client Money: Daily calculation and monitoring of the Surplus/Deficit in Client Money position.
- Reconciliations: Daily and monthly reconciliations of client money accounts, credit card deposits (CC deposits), and payment processor accounts.
- Client Liabilities: Monthly calculation and posting of entries related to Client Liabilities and Unrealized Profit in NetSuite (NS), including updating the relevant Lead Sheets.
- ISA Reporting: Preparation of all necessary calculations and analyses required for ongoing ISA (Israel Securities Authority) Reports.
C. Tax, Audit, and Internal Controls (Tax, Audit & SOX)
- Taxation: Responsibility for the calculation, provision, and review of all applicable taxes (Corporate Tax, Client Withholding Tax, Payroll Tax, Deferred Tax), and providing the accounting entries for the bookkeeper.
- Audit & SOX: Managing the external audit/review process (Yearly/Quarterly) and serving as the primary point of contact for auditors' and advisors' questions. Review of SOX information supply and Internal Audit reports.
- Controls: Responsible for ensuring appropriate systems and internal controls are implemented and maintained throughout the local Accounting & Finance processes.
- CPA with Big 4 firm internship experience.
- English - high proficiency
- In-depth knowledge in Excel
- Well-organized, detail-oriented, reliable, and capable of working independently
*This is an 80% position
Top Skills
What We Do
Plus500 is a global multi-asset fintech group that offers trading services on CFDs, shares, Futures, and Options on Futures through its proprietary tech-based platforms. The fintech group has a premium listing on the Main Market of the LSE, and is a member of the FTSE 250 index.
Plus500’s market leadership is based on a proprietary trading technology that offers trading services to customers around the world. Our customers can use our platforms to trade Over the Counter CFDs and, since 2021, real Shares, as well as Futures, and Options on Futures*.
The company also owns Cunningham Commodities LLC, a regulated Futures Commission Merchant, CTS, a technology trading platform provider, in the US, and EZ Invest Securities, Co. a Forex CFD platform in Japan.
Plus500 is also the proud sponsor of multiple leading sports teams including BSC Young Boys, and Legia Warsaw, as well as the 6-times NBA winner, the Chicago Bulls.
With our diversified product portfolio and operating licenses in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore, Seychelles, United Arab Emirates, the United States, Estonia, and Japan, we are able to provide customers with access to more than 2,500 financial instruments across more than 50 countries and in 30 languages.
Plus500 is also committed to promoting responsible trading practices, such as providing customers with sophisticated risk management tools to ensure they are able to manage leveraged exposure appropriately, with the aim of protecting any profits and limiting exposure to losses.
*Availability subject to regulation. Not all financial instruments are offered by all Plus500 regulated entities. Investments in complex instruments come with a high risk of losing money rapidly. You should consider whether you can afford to take the high risk of losing your money. Go to https://bit.ly/3Ac1Ngc for more information about the risks in trading.
