Accounting Policy Expert

UBS is a leading global financial services firm. Our Investment Bank is one of the world's top global investment banking and securities firms, providing a full spectrum of products to institutional and corporate clients, intermediaries, government and hedge funds worldwide.

In reaction to the perception that the Americas region was under-served, the IB accounting policy presence in the Stamford / New York area grew from 1 to 3 during 2005. The increase in headcount has allowed us to substantially extend our scope. Nonetheless, environmental demands have outstripped this growth. These demands are sourced from the following:

* Closer relationships with the finance function, which have generally developed into healthier levels of reliance on the advice and support of the APS function

* The pace of change within the businesses we support (e.g., the DRCM reorganization and the transfer of the Muni's business from WM-US),

* The increasing focus on operational risk, including IB APS' role in implementation of new accounting policies and our standard documentation protocols

* SOx evidencing requirements

* Increasing focus on identification and analysis of "3rd Party" SPE's

As a result, additional resources are necessary to supplement the Stamford / NYC APS team for the purpose of achieving greater leverage in accomplishing it's accounting-risk mitigation goals.

The candidate will have a primary reporting line to the regional Accounting Policy team leader and be responsible for providing Accounting Policy theory and application in both IFRS (Primary GAAP) and US GAAP. Some knowledge of Swiss GAAP and Risk Based Capital would also be preferable, although not mandatory.

Specifically, the candidate will be expected to support the team in the following areas

* Perform research and analysis to support the function's role within TRPA / NBI, enabling the group to ensure that trades/products receive the attention necessary to reach accurate and timely conclusions. This will involve review of structured transactions and new products in the context of the Group's primary reporting regimes (IFRS, US GAAP and Swiss GAAP), including consideration of counterparty's motivations and associated potential reputational risks.

* Participate in interpretation and implementation of new accounting standards. Establish working groups across the different BUC and control functions to vet developing technical accounting issues and assist in the execution of new policies as they arise, bringing in expertise from other Accounting Policies and Support team members from the other regions as required.

* Provide advice on ad hoc technical accounting issues, interfacing with a broad audience, including senior personnel from the front office, BUC, finance and risk functions.

* Provide additional level of technical support to facilitate the team's presence and influence in local Banking and Investment Banking Committees.

* Participate in the design and execution of technical accounting training for IB Finance function, covering both new and existing requirements.

* Support discussion of local accounting policy issues with internal/external auditors

The candidate will have significant influence on the development of the Accounting Policy function and the range of services that can be offered. The candidate needs to be self starting, highly motivated and flexible, in terms of the role they provide.

Basic Qualifications

* Undergraduate degree in Accounting or Finance

* Minimum of 8 yrs in Public accounting or combination of public a/c and financial services experience

* CPA or equivalent

* Experience with financial services industry

Preferred Qualifications

* Undergraduate degree in Accounting or Finance with Honors

* 8-10 years public accounting or combination public and financial services

* 'On-call' or 'Transactions Services' experience with Big 4 firm or Accounting Policies experience with a bank

We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth.

If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position. It starts with you.

UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.