Commercial Accounting Manager

Who are we? CFI Financial Group is an award-winning trading provider, possessing more than 25 years of experience with multiple offices around the world including London, Larnaca, Beirut, Amman, Dubai, Port Louis, and others. CFI is hiring! Make your mark in the online trading industry. Are you looking to pursue a career in finance? Do you want to work with a dynamic and growing team in the exciting world of online trading and investing? If you answered yes, then we have some amazing opportunities for you! Job Description: We are hiring a talented Commercial Accounting Manager professional to join our team. Responsibilities: Daily Reconciliation — Primary Duties Perform review daily bank statement reconciliations for all assigned entities — matching bank transactions to the accounting system (ERP) ledger, identifying and investigating all unmatched items. Perform review of daily PSP account reconciliations — matching PSP settlement files to client deposit/withdrawal records on the platform and in the ERP; investigate failed transactions, reversals, and chargebacks. Perform daily review of client equity reconciliation — verifying platform client equity totals against client liability balances in the ERP for assigned entities; document and escalate all discrepancies. Prepare and submit the daily reconciliation status summary to Accounting Manager. Maintain a live break register for all assigned accounts — recording every open item with transaction date, amount, reference, description, and current resolution status. Define, maintain, and enforce revenue recognition policies for all revenue streams (spreads, commissions, swaps, financing, fees) in compliance with IFRS 15 and applicable regulatory requirements. Review of LP P&L statements against internal records monthly; identify and resolve discrepancies in volume, commissions, spreads, and financing charges. Ensure platform-to-GL revenue completeness daily —platform-generated revenue correctly posted to the general ledger for each entity. Prepare and reconcile the daily client money segregation reporting of the group. Monthly Accounting & Close Review of month reconciliations of banks, LPs, PSPs and banks. Review all month-end accounting journals for assigned entities: bank charges, FX revaluation gains/losses on non-functional currency accounts, accruals, provisions, PSP settlement adjustments Prepare the monthly balance sheet reconciliation pack for all assigned entity accounts — each balance sheet line must be evidenced with a supporting reconciliation schedule Prepare the monthly intercompany account reconciliation for trades and cash Support month-end close, ensuring all postings are complete and accounts reconciled by D+3 Prepare monthly regulatory reporting work papers for the group entities Review monthly VAT work papers for the revenue. Audit & Documentation Maintain reconciliation working papers in an organized, version-controlled shared folder structure — including date-stamped bank statements, reconciliation workbooks, and break resolution evidence. Prepare entity-specific reconciliation schedules for external auditors on request; respond to audit queries within agreed timelines Follow and help maintain SOPs for all recurring reconciliation tasks; flag process gaps or exceptions to the Lead immediately Special Tasks Support the investigation and resolution of complex or reconciliation breaks that cannot be resolved at Junior level. Assist the Lead in preparing regulatory submissions requiring reconciliation evidence (SCA, CMA) Participate in system implementation or process improvement projects as required Requirements: Monthly Accounting & Close Review of month reconciliations of banks, LPs, PSPs and banks. Review all month-end accounting journals for assigned entities: bank charges, FX revaluation gains/losses on non-functional currency accounts, accruals, provisions, PSP settlement adjustments Prepare the monthly balance sheet reconciliation pack for all assigned entity accounts — each balance sheet line must be evidenced with a supporting reconciliation schedule Prepare the monthly intercompany account reconciliation for trades and cash Support month-end close, ensuring all postings are complete and accounts reconciled by D+3 Prepare monthly regulatory reporting work papers for the group entities Review monthly VAT work papers for the revenue. Audit & Documentation Maintain reconciliation working papers in an organized, version-controlled shared folder structure — including date-stamped bank statements, reconciliation workbooks, and break resolution evidence. Prepare entity-specific reconciliation schedules for external auditors on request; respond to audit queries within agreed timelines Follow and help maintain SOPs for all recurring reconciliation tasks; flag process gaps orexceptions to the Lead immediately Special Tasks Support the investigation and resolution of complex or reconciliation breaks that cannot be resolved at Junior level. Assist the Lead in preparing regulatory submissions requiring reconciliation evidence (SCA, CMA) Participate in system implementation or process improvement projects as required Why join CFI? We’re a fast-growing, multinational company Competitive salaries and benefits Work and learn with industry professions Supportive and collaborative environment Unlimited opportunities for growth and development Show more Show less