Junior Financial Controller (Plus500IL)

Description:

Plus500 Israel Ltd. is a leading licensed Trading Arena operating under the supervision of the Israel Securities Authority (ISA). We are a subsidiary of the global FinTech group, Plus500 Ltd., which is listed on the London Stock Exchange (LSE) and included in the FTSE250 index.

We are seeking a highly motivated Financial Controller to lead the accounting and financial processes. This role is central to our operations, ensuring strict compliance with Israeli regulation while adhering to the rigorous global standards of the Plus500 group.

Responsibilities:

A. Accounting and Monthly Closing (Closing & Reporting)

• Monthly Close: Full ownership of the monthly accounting close process, including posting all accruals, prepayments, and necessary adjustments.
• Reconciliations & FX: Monthly reconciliation of all the Company's OWN funds accounts. Execution of monthly FX revaluations for Balance Sheet accounts and supplier balances.
• Group Reporting: Preparation and submission of the monthly Management Accounts Package and Financial Reporting Package to the Group HQ.
• FP&A: Preparation of the monthly Budgeted Vs. Actual spreadsheets, including numerical analysis and commentary for the management team.

B. Client Money Management & Regulatory Compliance (ISA)

• Client Money: Daily calculation and monitoring of the Surplus/Deficit in Client Money position.
• Reconciliations: Daily and monthly reconciliations of client money accounts, credit card deposits (CC deposits), and payment processor accounts.
• Client Liabilities: Monthly calculation and posting of entries related to Client Liabilities and Unrealized Profit in NetSuite (NS), including updating the relevant Lead Sheets.
• ISA Reporting: Preparation of all necessary calculations and analyses required for ongoing ISA (Israel Securities Authority) Reports.

C. Tax, Audit, and Internal Controls (Tax, Audit & SOX)

• Taxation: Responsibility for the calculation, provision, and review of all applicable taxes (Corporate Tax, Client Withholding Tax, Payroll Tax, Deferred Tax), and providing the accounting entries for the bookkeeper.
• Audit & SOX: Managing the external audit/review process (Yearly/Quarterly) and serving as the primary point of contact for auditors' and advisors' questions. Review of SOX information supply and Internal Audit reports.
• Controls: Responsible for ensuring appropriate systems and internal controls are implemented and maintained throughout the local Accounting & Finance processes.

• CPA with Big 4 firm internship experience.
• English - high proficiency
• In-depth knowledge in Excel
• Well-organized, detail-oriented, reliable, and capable of working independently

*This is an 80% position