at ICAP
OtherPosted 5 days ago
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**Accountant - 1 Year FTC:** Combine broker compensation accounting and financial close roles. Responsible for accurate, timely comp calculations, financial controls, and reporting. Manage reconciliation, process improvements, and global stakeholder communication. Requires Qualified Accountant (ACA/ACCA/CIMA) with finance close experience, strong Excel skills, and ability to meet tight deadlines.
- Compensation
- Not specified
- City
- Singapore
- Country
- Not specified
Currency: Not specified
Full Job Description
Group Overview:
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the worlds leading provider of OTC data, and an award winning all-to-all trading platform.
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the worlds most trusted, innovative, liquidity and data solutions specialist.
Role Overview:
This role sits within Finance and combines responsibilities across broker compensation accounting and financial close & reporting. The position is responsible for delivering accurate compensation calculations, maintaining strong financial controls, and producing timely management and statutory reporting.
The role will support both monthly close processes and performance-based compensation activities, while driving improvements through automation, standardisation, and enhanced analytics.
Role Responsibilities:
1. Financial Close & Reporting
Deliver timely and accurate monthly, quarterly, and year-end close in accordance with group deadlines
Prepare and post journal entries (accruals, prepayments, intercompany, payroll-related entries)
Produce balance sheet reconciliations and resolve discrepancies
Perform P&L and balance sheet variance analysis, including front office cost analysis
Prepare management reporting and financial insights for key stakeholders
Support audit processes, tax reporting, and financial compliance requirements
Ensure adherence to IFRS, group accounting policies, and internal control frameworks
2. Broker Compensation & Payroll Accounting
Calculate and manage performance-based broker compensation (accruals and actual payouts)
Review and interpret broker contracts and compensation structures
Maintain and update compensation models, calculations, and data tables
Determine and communicate bonus allocations, deferrals, and final payouts
Post and reconcile compensation-related accruals and payroll balance sheet accounts
Partner with Front Office, HR, Payroll, and senior stakeholders on compensation matters
3. Controls, Reconciliation & Risk Management
Maintain strong financial controls across close and compensation processes
Reconcile intercompany balances and compensation-related accounts
Ensure all processes are aligned with risk, audit, and compliance frameworks
Identify and mitigate process risks and control gaps
4. Stakeholder Management & Business Partnering
Partner with Desk Heads, Finance teams, HR, and senior leadership
Provide clear communication on financial results and compensation outcomes
Collaborate with global teams to ensure consistency and best practices
5. Process Improvement & Transformation
Drive automation and process improvements (e.g. Alteryx, reporting tools)
Support migration to standardised global operating models
Enhance data quality, reporting efficiency, and analytical capabilities
Experience / Competences
Essential
Qualified Accountant (ACA / ACCA / CIMA or equivalent)
Experience in financial close, reporting, and reconciliations
Strong understanding of accruals, journals, and financial controls
Ability to manage large data sets and complex calculations
Excellent attention to detail and accuracy
Strong time management and ability to meet tight deadlines
Effective communication and stakeholder management skills
Advanced Excel and financial systems proficiency
Desired
Experience in broker compensation, bonus structures, or payroll accounting
Knowledge of financial systems (e.g. Oracle, SAP, OneStream, Alteryx)
Experience in audit support and regulatory reporting
Exposure to process improvement, automation, or transformation initiatives
Job Band & Level: Professional / 5
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
Singapore - 50 Raffles Place - Singapore
