Intercompany Project Manager - 18 month Fixed Term Contract chez Tp

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, one of the largest Energy & Commodities brokers 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 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Project Compass

Our core aim is to build a future operating model which will be fit for purpose, ensuring processes are standardised, and most critically, enabled by the right technology infrastructure, with an emphasis on:

• Partnering better with our internal stakeholder groups,

• Harmonising global process, facilitated through Global Process Owners (GPOs), and

• Enabling the right technology, supporting us to become a more effective organisation

Role Overview

We are seeking a highly skilled and experienced Project Manager to join our finance team working within the Finance Transformation team. The successful candidate will lead the redesign and simplification of the intercompany process and reconciliation within the Close and Reporting process pillar. The new process will adhere to transfer pricing and any other tax related or reporting requirements, to ensure it is fit for purpose as part of Compass. The ideal candidate will have a strong background in financial control and reporting, with specific experience of intercompany processes in large, global, listed groups like TP ICAP and working collaboratively with colleagues. This role is critical in ensuring the achievement of the Finance Target Operating Model and reducing the close time to by half.

This role is a Fixed Term Contract role for 18 months.

Key Responsibilities

• Lead and project manage the Intercompany Simplification project for all intercompany entries across the group, which broadly fall into the following groupings

  • Intercompany loans/financing

  • Treasury cash pooling

  • Intragroup cost and income recharging, support by legal agreements in some cases and established practice in others.

• Include working closely with SMEs across Treasury, Tax and Finance and the Compass Entity rationalisation project

• Standardise and document the rules for intercompany transactions. Implement the rules across the group to ensure consistency of reporting, improve liquidity management and minimise foreign exchange exposures. This will include:

  • Re-engineer prospective recharges and other intra-group transaction processes across the group within 12 months

  • Eliminate/settle/distribute legacy outstanding group relationships, facilitating the elimination of redundant holding companies

  • Create and maintain a regional “Hub and Spoke” model of intercompany balances, simplifying and standardising the Group’s internal funding structure

  • Resolution and elimination of any remaining legacy balances

  • Managing the impact of the rationalisation of legal entities

• Run workshops/meetings to socialise proposed changes to take the impact Finance teams on the journey, identify any potential issues and manage any concerns

• Reduce manual intervention and embed appropriate financial controls to strengthen risk management and compliance

• Prepare and manage an achievable plan for the simplification implementation as part of the overall Financial Control and Operations plan

• Contribute to the project governance including identifying and documenting risks and issues, preparing project updates and assisting with any ad hoc reporting and presentations as required  

• Establish revised dashboards/reports to enable performance monitoring and insight as to status

• Work collaboratively and build strong working relationships within Finance and across key functional teams and stakeholders

Experience / Competences

Essential

• Hold a professional accounting qualification

• Significant finance operational, internal controls and change management/project experience within global, large businesses, in particular with intercompany processes

• Good knowledge of IFRS financial reporting

• Understanding of what good looks like for close and reporting processes and project governance

• Ability to work independently and as part of a team in a fast-paced environment

• Advanced proficiency in Microsoft Excel and experience with finance ERPs

• Strong analytical, pragmatic problem-solving, and communication skills

• Ability to work under pressure and meet tight deadlines

• High attention to detail and strong organisational skills

Desired

• Experience in the financial services industry is a plus

• Established and/or worked closely with global teams

• Experience of Treasury Management Systems (TMS) nice to have

This role may involve travel.

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