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Product Controller

Additional office locations
London
Job ID
19116
Date
06-Nov-2025
Permanent - Full time, Mid-level
Job category
Accounting / Finance
The Product and Valuation Control team, part of the Finance department supporting Commodities and Global Markets, is responsible for understanding, substantiating and controlling revenue recognition for our trading business. The team focuses on daily review of profit and loss attribution, reserves and adjustments, and front to back reconciliations. We work closely with trading desks to ensure a solid grasp of the underlying drivers of financial performance, enabling accurate and insightful reporting and analysis. Based in London, our team covers a broad range of products, including agricultural commodities, base and precious metals, bulks, commodity investor products and energy products such as global oil and European power, gas and carbon.

While Macquarie offers hybrid working for many of our roles, this role does require 3 days a week in our advertised location.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

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You will be responsible for daily production and analysis of profit and loss for physical and financial commodity trades, ensuring accurate attribution and variance explanation to the front office. You will validate valuations for physical and derivative positions, monitor exposure and risk metrics, and support month-end close activities, including reconciliations and accruals. 

The role requires maintaining strong financial controls, ensuring compliance with accounting standards and internal policies, and acting as a key liaison between trading desks, risk, operations and finance. You will also contribute to process improvement by identifying automation opportunities, supporting system enhancements and participating in finance transformation initiatives.

What you offer

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  •  3–5 years’ experience in product control, market risk, valuation control or a similar role within a trading or investment banking environment
  • Experience with commodities trading, specifically across oil, gas, power, carbon and physical products
  • Understanding of physical logistics such as storage, shipping and pipeline, and financial instruments including swaps, futures and options, as well as experience with hedge accounting and derivative valuation
  • Professional qualification (ACCA, ACA, CIMA) is preferred
  • Analytical mindset with high attention to detail
  • Familiarity with coding languages such as Python, SQL or VBA is advantageous
  • Strong communication skills and ability to challenge front office constructively
  • Ability to work under pressure, meet deadlines and identify enhancements to reporting, controls and systems


We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer

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At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

  • 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
  • 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
  • Paid fertility leave for those undergoing or supporting fertility treatment
  • 2 days of paid volunteer leave and donation matching
  • Access to a wide range of salary sacrificing options
  • Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover
  • Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
  • Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
  • Access to company funded emergency and backup dependent care services
  • Recognition and service awards
  • Hybrid and flexible working arrangements, dependent on role
  • Reimbursement for work from home equipment

About Financial Management, People and Engagement

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Financial Management, People and Engagement (FPE) provides a single interface for Macquarie’s businesses across key areas of people, strategy, communications and financial management. Comprising two pillars – Financial Management, and People and Engagement – it is responsible for managing the Group’s financial, tax and treasury activities and strategic priorities, fostering our culture through people and community engagement strategies, and engaging with stakeholders to protect and promote Macquarie’s reputation globally.

Our commitment to diversity, equity and inclusion

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We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.

Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.

Learn more about Macquarie

Our people blog

Diversity, equity and inclusion

Benefits and wellbeing

Recruitment process