Purpose

You will evaluate the introduction of new accounting regulations (EUGAAP and IFRS) to formulate recommendations on their impact on the accounting policies and financial reports within the EIB Group. You will carry out the analytical review of sections of accounting and financial reports in order to detect any anomaly/inaccuracy. Moreover, you will be in charge of performing accounting and technical analysis in cooperation with other Bank’s services (Front, Back, IT, Risk…).

Operating Network

You will work within the Bank Reporting Division in autonomy, but as well in close cooperation with the entire Department and other services inside and outside the EIB Group.

Accountabilities

• Hold responsibility for executing accounting and control processes in order to ensure the accurate and timely production of the financial statements and other financial reports in compliance with the relevant EU directives and the International Financial Reporting Standards.
• Contribute to the communication of accounting related strategies, policies and procedures throughout the organisation.
• Follow up in-depth the latest developments in IFRS and European Directives on accounting standards relevant to the EIB.
• Stay abreast of best practice in the accounting and financial regulatory area.
• Maintain external and internal relations relating to financial accounting.

Qualifications

• University degree (minimum an equivalent to a Bachelor) preferably in in accounting, finance or related fields.
• An internationally recognised professional accounting or finance analyst qualification (ACCA, CFA, FRM…) would be an advantage.
• At least 3 years of relevant professional experience, ideally in a similar role in accounting, finance or related areas in the banking sector and/or with a major audit firm.
• Deep understanding of IFRS and of European Directives on accounting.
• In depth knowledge of financial instruments (debt and equity) and investment structures consolidation, including securitisation.
• Understanding of the relationship between financial risk hedging, ALM policies and financial reports, consolidation.
• Very good knowledge of the standard Office tools. Proficient knowledge of MS Excel, and ideally VBA.
• Knowledge of software applications such as Peoplesoft GL, Wall Street Suite, Business Objects will be an asset.
• Excellent knowledge of English and/or French (**), with a good command of the other. Knowledge of other EU languages would be an advantage.