Job Description
Financial Accounting & Reporting Specialist
Overview:
Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending, and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is in a growing phase and the number of activities is expected to grow further in Manila in both depth and broadness during 2022 and beyond.
The GFS department is split into several teams responsible for the different accounting and reporting activities of ING Bank.
Activities include but are not limited to:
Execution of product and general ledger accounting and processing of month-end closure procedure
Preparation of regulatory reports, Balance Sheet, P&L, and processing of key controls and quality controls
Managing of the month-end intercompany reconciliation process for ledger
Preparation of invoices, accruals, asset management activities, etc. (daily, monthly, quarterly, and annually, and additional reporting requests as required)
Creation of management information reports & dashboards
Process improvement around Head Office accounting & reporting functions
Ensuring compliance with Accounting Standards and ING financial reporting framework
Project-related Head Office reporting requirements
Other ad hoc projects as requested.
If you are good at:
Financial, Management, or Cost Accounting & Reporting
Involvement in the preparation and execution of product and general ledger entries, invoices, accruals, and asset management activities.
Processing of monthly, quarterly & yearly closure procedures.
Creating management information reports & dashboards and preparing regulatory reports
Prepare accounting advice and investigate to solve accounting breaks.
Policies and procedures
Ensure compliance with policy and procedure documents including group Standards of Practice
Regular refresh of policy and procedure documents
Projects/tasks provided by Senior Management or business
Ad hoc projects
Communication & Stakeholder management
Ensuring internal and external stakeholders are informed about the delivery of accounting & reporting activities during closings
Working with key stakeholders to align expected turnaround times for remediation, gaining approval for suggested remediation actions, and coordinating the appropriate action with the teams that are responsible for executing those actions and monitoring remediation actions till closure.
If you are:
Graduated with a Bachelor's Degree in Accounting, Finance or Equivalent
Master's Degree and Certified Public Accountant certification is desired
Basic to proficient understanding of banking knowledge and products
Knowledgeable on IFRS
Understanding of key financial markets and lending products traded in ING, as well as key EU regulations.
Experience of UAT testing for system changes
Ability to work on tasks and manage own time to meet deadlines.
Skilled in communicating on complex topics and solutions and must be open to ideas from others.
Comfortable working in in an international context.
Transparent, flexible, and motivated to make every day a success
If you can:
Ensuring the Business meets all accounting & reporting requirements.
Responding to ad hoc queries and requirements received from head office and ensuring deliverables are met
Confirming activities and deliverables with respect to accounting & reporting activities for the business in addition to other projects/tasks requested.
Build effective working relationships and recognition with stakeholders that foster a proactive and consultative partnership.
Developing strong working relationships.
Ownership of key deliverables and reconciliations.
Resolution of reporting/system issues preventing timely completion of month-end / daily reporting obligations.
Ensuring adequate documentation and reporting requirements are met.
Response to regulatory changes as and when they occur.
Escalation of issues that pose a potential significant risk or financial loss.
If you'd like to work with:
Finance Bank (Amsterdam)
Finance & Control Management Team, Leadership Team and staff
Internal and external auditors
Financial Controllers
Stakeholders
If you want to:
work in downtown BGC or Makati, the country's economic center
enjoy competitive compensation and allowances
be part of a diverse, creative, and energized team
