Credit Suisse - Vice President - Legal Entity Accounting & Review

The Legal Entity Controllers sit in the Legal Entity Accounting and Review (LEAR) Process and are the main point of contact to the Partner Managers for all financial information, including both routine and ad-hoc requirements, related to a single or a group of Legal Entities.

LEAR's purpose is to support the Group Finance team and the Regional Legal Entity Finance teams in the fulfillment of their reporting and governance responsibilities via the delivery of materially accurate, policy- and GAAP-compliant core financials and baseline analytical review.

They are accountable (for a given Legal Entity or group of legal entities) for ensuring that financial reporting processes and controls in place within Financial & Management Accounting & Reporting (FMAR) are fit for purpose and that the quality of the outputs produced as a result meets partner requirements (accurate, timely, etc).

Legal Entity Controllers are within and part of the process owner organization.

We offer - 

- You will assist/Support the Legal Entity Close of books and records in accordance with local and group accounting policies and timelines and local and group materiality

- Ensure compliance with US, Swiss, IFRS and local GAAPs and regulatory reporting where applicable; the LEC will draw on the expertise of the Accounting Policy and Assurance Group (APAG) and the Partner Managers as required;

- You will conduct first level of challenge and analyze information provided to gain reasonable assurance as to the quality and reliability of the information being obtained as necessary (e.g. ensure data integrity, conduct baseline analytical review, check KPIs adequacy; ensure appropriate hands-off, etc). Further, the LEC needs to understand potential hand-off related issues and ensure relevant functions understand the consequences;

- You will place reliance on process owners within FMAR and consider process outputs/ KPIs/dashboards in order to satisfy themselves with the outcome of the full set of FMAR processes for their entity

- Understand the significant controls and processes within Control and Reporting that impact the entity and, where control issues are identified, obtain comfort that control improvement plans are put in place. Where control issues in upstream functions come to the attention of the LEC, raise these to the relevant departments to ensure appropriate remediation plans are established and executed.

- Ensure timely communication and customer concern of significant issues to process managers.

- Dedicatedly support Organizational Change initiatives and constantly review processes for efficiencies by challenging status-quo of existing processes/practices.

- Assist manager with improvement in execution and new business initiatives.

You offer:

- You have knowledge of GAAP accounting requirements;

- You have deep understanding of key aspects associated with the financial documents and the notes to the financial documents of the legal entity;

- You have deep knowledge of the key processes that feed the legal entity reporting-relevant data and the related hand-offs amongst other departments;

- You are knowledgeable in reporting systems and respective upstream feeds including a deep understanding of potential impacts on the end-to-end reporting flows;

- Knowledge of the key processes for maintaining the accounting ledgers of the legal entity.

- The LEC understand the data flows and related financial accounting controls for material and/ or higher risk balances within a legal entity's general ledger;

- You have appropriate product knowledge;

- You have deep understanding of control standards by which the legal entity and firm is governed, including those established by the Pan Finance OpRisk Control & SOX 404 Compliance function;