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Financial Reporting Analyst

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ING

Aug 20, 2024

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Accounting & Tax
  • Manila
  • Quick Apply

AI generated summary

  • You should have a degree in accounting or finance, IFRS knowledge, banking experience, UAT testing skills, be proactive, and able to communicate complex topics effectively in an international setting.
  • You will prepare financial entries, conduct closure procedures, create reports, ensure compliance, refresh policy documents, manage projects, and coordinate with stakeholders on accounting activities.

Requirements

  • 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
  • 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
  • Finance Bank (Amsterdam)
  • Finance & Control Management Team, Leadership Team, and staff
  • Internal and external auditor
  • Financial Controllers
  • Stakeholders
  • 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

Responsibilities

  • - Involvement in the preparation and execution of product and general ledger entries, invoices, accruals, 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.
  • - 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.
  • - Ensuring internal and external stakeholders are informed about 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 monitor remediation actions till closure.

FAQs

What is the main purpose of the Financial Reporting Analyst position at ING Hubs Philippines?

The Financial Reporting Analyst position is primarily responsible for the central processing and reporting of all accounting events globally related to Financial Markets, Treasury, Lending, and Payments Services of ING Bank.

What qualifications are required for this role?

A bachelor's degree in accounting, finance, or a related field is required, while a master's degree and Certified Public Accountant certification are desired.

Is knowledge of IFRS important for this position?

Yes, a knowledgeable understanding of IFRS is essential for fulfilling the responsibilities of the Financial Reporting Analyst.

What are the key activities involved in this job?

Key activities include executing product and general ledger accounting, preparing regulatory reports, managing month-end reconciliation processes, creating management information reports, and ensuring compliance with accounting standards.

Who will the Financial Reporting Analyst work with regularly?

The role involves collaboration with various stakeholders, including the Finance Bank in Amsterdam, Finance & Control Management Team, internal and external auditors, and Financial Controllers.

What kind of working environment can I expect at ING Hubs Philippines?

You can expect a diverse, creative, and energized team in a continuously evolving work environment, with opportunities for personal growth and collaboration.

Are there opportunities for professional development in this role?

Yes, ING offers plenty of opportunities for personal growth and development in a dynamic banking environment.

Will I be involved in preparing management information reports?

Yes, one of the key responsibilities includes creating management information reports and dashboards.

Is experience with UAT testing valued in this position?

Yes, experience with User Acceptance Testing (UAT) for system changes is considered beneficial for this role.

What is the work location for this position?

The position is based in downtown BGC or Makati, which is the economic center of the country.

Empowering people to stay a step ahead in life and in business.

Finance
Industry
10,001+
Employees
1991
Founded Year

Mission & Purpose

ING is a pioneer in digital banking and on the forefront being one of the most innovative banks in the world. As ING we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or to tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realize their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers.