Associate Reporting and Accounting Officer

European Investment Bank

Luxembourg, Luxembourg

Experience: 3 to 5 Years

Skill Required: Accounts and Finance

As an (Associate) Reporting and Accounting Officer, you will work within the Mandate Accounting and Administrative Expenses Division within the Accounting, Reporting & Payments Unit.

You will contribute to the unit’s work in evaluating the accounting impacts for administrative expenses and fee income in view of formulating recommendations on process optimisations as well as on the application of accounting policies, whilst also carrying out regular controls, preparing analytical reporting aiming to ensure the accuracy of the EIB Group financial statements within the framework of EU Directives and International Financial Reporting Standards (IFRS).

Operating Network

You will report to the Head of the Accounting, Reporting and Payments Unit and will work in autonomy with close co-operation with the entire Department and other services inside and outside the EIB Group.

Accountabilities

  • Hold responsibility for executing accounting, control and reporting processes in the area of operating expenses and fee income
  • Deliver on payment processes for administrative expenses including HR related transactions
  • Execute regular reviews and evaluations of business processes in own domain; update of their procedure manuals and the related Internal Control Framework
  • Contribute to the communication of accounting, reporting and payment related strategies, policies and procedures throughout the organisation in order to ensure an efficient delivery of the unit’s responsibilities
  • Contribute to digital transformation projects and cross-directorate process improvements in order to align the Bank’s processes and policies to best practice
  • Participate in the communication and the implementation of best-in-class practices and policies throughout the Bank and within the own directorate in order to ensure an efficient delivery of the unit’s responsibilities
  • Maintain external and internal relations relating to accounting and financial reporting in order to enable the Bank to comply with applicable accounting standards and apply best in class practices and policies
  • Based on experience, provide guidance and support to more junior staff

Qualifications

  • University degree in Business Administration, Accounting, Finance or related fields
  • At least 3 years of professional experience in a similar role in accounting, finance or related areas in a multinational organization or a major audit firm
  • Sound knowledge of International Financial Reporting Standards (IFRS) and European Directives on accounting standards
  • An internationally recognized professional accounting qualification (like ACCA, ACA, CIMA, etc.) would be an advantage
  • Analytical skills and proven track record of a rigorous analytical work
  • Experience in the preparation of analytical financial reporting and policies
  • Experience in implementing projects in the domain of the Unit’s responsibilities
  • Knowledge of payment tools and processes would be an advantage
  • Knowledge of software applications such as PeopleSoft Financials (GL, AP, AR), Business Objects, Wall Street Suite (TRM, CLM), Certent Disclosure Management will be an asset
  • Proficient knowledge of MS Excel (and ideally VBA), very good knowledge of the other standard MS Office tools
  • Excellent knowledge of written and spoken English and a good command of French*. Knowledge of other EU languages would be an advantage.

Source:https://erecruitment.eib.org/psc/hr/EIBJOBS/CAREERS/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?Page=HRS_APP_JBPST_FL&Action=U&FOCUS=Applicant&SiteId=1&JobOpeningId=108842&PostingSeq=2