Broker Compensation Accounting Lead

TP ICAP; Manila; On-site; PHP 1,000,000 - 1,400,000; Full time

Job summary

TP ICAP Philippines seeks a qualified professional to support the Broker Compensation workflow, focusing on calculating, recording, and paying broker bonuses and related accruals.

The role sits in the Business Unit Control team and requires CPA or equivalent with 5+ years in financial services. Strong Excel and finance-system skills are essential for accurate balance sheet substantiation and process improvement.

Qualifications

• 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).

Responsibilities

• Support the end-to-end Broker Compensation process for assigned asset classes.
• Prepare bonus accrual calculations based on employment contracts.
• 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.
• 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.

Skills

Analytical thinking

Attention to detail

Communication skills

Organization

Problem solving

Education

CPA or Part-qualified or ACA/ ACCA/ CIMA

Tools

Excel

Oracle

Hubble

SmartView

Job description

TP ICAP Philippines seeks a qualified professional to support the Broker Compensation workflow, focusing on calculating, recording, and paying broker bonuses and related accruals.

The role sits in the Business Unit Control team and requires CPA or equivalent with 5+ years in financial services. Strong Excel and finance-system skills are essential for accurate balance sheet substantiation and process improvement.