Accounting Manager, Broker Compensation

768 TP ICAP Management Services Ltd (Philippines Branch); Philippines; On-site; PHP 900,000 - 1,500,000; Full time

Job summary

TP ICAP Group in the Philippines seeks an experienced finance professional for the Business Unit Control team to assist in broker compensation processes, including calculations, accruals, and payments. You will ensure accuracy of outputs, support balance sheet reconciliations, and drive process improvements.

The role requires strong analytical skills, 5+ years in financial services, and advanced Excel with Oracle/Hubble/SmartView familiarity.

Qualifications

• CPA or Part-qualified or ACA/ACCA/CIMA with minimum 5 years of experience.
• Experience in financial services or similar environment preferred.
• Strong analytical and reconciliation skills.
• Good organizational skills with ability to manage multiple deliverables.
• Effective communication with stakeholders.
• Proactive and solution-oriented mindset.
• Intermediate to advanced Excel and finance systems experience (Oracle, Hubble, SmartView).
• Basic understanding of control frameworks and risk management.
• Strong attention to detail and accuracy.

Responsibilities

• Support end-to-end Broker Compensation process for assigned asset classes.
• Prepare bonus accrual calculations based on employment contracts.
• Coordinate distribution of bonus statements and payroll submissions.
• Assist in calculating and recording Broker Equity deferrals.
• Review Broker Compensation outputs before Manager sign-off.
• Support balance sheet reconciliations and investigate variances.
• Contribute to process documentation and periodic updates.
• Support automation initiatives and process improvements.
• Assist in budget and forecast data inputs and variance analysis.
• Ensure adherence to controls and escalate risks or issues.
• Support audit requests with documentation and queries.
• Coordinate with Finance teams to deliver outputs timely and accurately.

Skills

Analytical skills

Reconciliation

Organizational skills

Communication skills

Proactive mindset

Attention to detail

Excel

Finance systems

Education

CPA or Part-qualified or ACA/ACCA/CIMA

Tools

Oracle

Hubble

SmartView

Job description

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 world's leading provider of OTC data, and an award winning all-to-all trading platform. The Group operates from more than 60 offices in 27 countries. We are 5,500 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview

This role is within the Business Unit Control team and will be responsible for assisting in the delivery of the Broker Compensation process flows and reporting. This role will have a primary focus on the calculation, accounting and payment of broker bonuses, helping to drive process efficiencies and substantiation of the Balance Sheet.

Role Responsibilities

• Support the end-to-end Broker Compensation process for assigned asset classes, including:
• Prepare bonus accrual calculations based on employment contracts, subject to Manager review
• Coordinate distribution of bonus statements and ensure timely payroll submissions
• Assist in calculating and recording Broker Equity deferrals
• Perform initial review of Broker Compensation outputs and ensure completeness and accuracy before Manager sign-off
• Support balance sheet reconciliations and investigate variances, ensuring alignment with underlying calculations
• Contribute to process documentation and ensure updates are maintained and reviewed periodically
• Actively support automation initiatives by identifying inefficiencies and providing input on process improvements
• Assist in budget and forecast preparation by providing data inputs and variance analysis
• Ensure adherence to established controls and elevate any risks or issues identified
• Support audit requests by preparing documentation and responding to queries
• Coordinate with Finance teams and stakeholders to ensure timely and accurate delivery of outputs

Experience / Competences

• CPA or Part-qualified or qualified accountant (ACA, ACCA, CIMA) with min. 5 years of experience.
• Experience in financial services or similar environment preferred
• Strong analytical and reconciliation skills
• Good organizational skills with ability to manage multiple deliverables
• Effective communication skills, with ability to engage with stakeholders
• Proactive and solution-oriented mindset
• Intermediate to advanced proficiency in Excel and finance systems (e.g., Oracle, Hubble, SmartView)
• Basic understanding of control frameworks and risk management
• Strong attention to detail and accuracy

Job Band and Level

Manager, 6

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

Philippines - Ecoprime Building - Taguig City

Work with us

Connecting clients, communities and colleagues for sustainable growth TP ICAP connects people, platforms, ideas, and insight across the world's financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities.

More about us

TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group. Connections are at the heart of what we do. We combine our people's know-how with the latest technology to improve price discovery, trade execution and liquidity flow. Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth. And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It's what makes TP ICAP a mainstay in the global markets, now and in the future. TP ICAP. We connect.