Accounting Manager - Broker Compensation & Controls

ICAP Management Services Ltd, Philippine Branch; Taguig; Hybrid; PHP 800,000 - 1,200,000; Full time

Job summary

TP ICAP is seeking a Senior role within the Business Unit Control team to assist in delivering the Broker Compensation process, focusing on calculation, accounting and payment of broker bonuses, and strengthening balance sheet substantiation.

The position requires CPA or equivalent qualification with at least 5 years in financial services, strong analytical and reconciliation skills, and proficiency in Excel and finance systems.

Qualifications

• Minimum 5 years of experience in financial services or a similar environment.
• Strong analytical and reconciliation abilities.
• Good organizational and communicational skills.
• Proactive and solution-oriented mindset.

Responsibilities

• 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.
• Review Broker Compensation outputs for completeness and accuracy before Manager sign-off.
• Support balance sheet reconciliations and investigate variances.
• Contribute to process documentation and ensure updates are maintained.
• Support automation initiatives by identifying inefficiencies and suggesting improvements.
• Assist in budget and forecast preparation with data inputs and variance analysis.
• Ensure adherence to controls and escalate risks or issues.
• Support audit requests by preparing documentation and responding to queries.
• Coordinate with Finance teams and stakeholders to ensure timely delivery of outputs.

Skills

Analytical skills

Organizational skills

Communication skills

Problem solving

Attention to detail

Excel

Oracle

Hubble

SmartView

Risk management basics

Education

CPA or Part-qualified or qualified accountant (ACA, ACCA, CIMA)

Job description

TP ICAP is seeking a Senior role within the Business Unit Control team to assist in delivering the Broker Compensation process, focusing on calculation, accounting and payment of broker bonuses, and strengthening balance sheet substantiation.

The position requires CPA or equivalent qualification with at least 5 years in financial services, strong analytical and reconciliation skills, and proficiency in Excel and finance systems.