Associate Business Change – Proprietary Finance recruitment

Introduction

We are looking for an ambitious young professional to reinforce the Business Change team of Proprietary Finance at ING Investment Management.

We are looking for a unique combination of financial accounting skills, system skills and business/problem analyses qualities.

Are you ready for the challenges related to Accounting and Reporting, related to new or additional requirements from both internal and external clients? Are you able to deal with changes, project type of work and related peak loads? Would you like to work in a dynamic environment that requires you to react quickly to internal and external needs and developments? If you recognise yourself in this profile, then we have just the right position for you!

Your main responsibilities

Participation in change initiatives and projects and implementation of the changes in context of Proprietary Finance:

• Collect and document relevant requirements for implementation within Proprietary Finance accounting and reporting and related processes

• Participate in the design of the solution (problem and data analysis)

• Implement the solution within the department processes and systems

• Ensure that solutions are most effective for the organization, department, system and the client

Participation in month-end closing processes of Proprietary finance as a back-up:

• Manage the (internal) general ledgers of the Proprietary Clients and responsible for reporting according to both the ‘group accounting framework’ and the ‘local accounting framework’ (both IFRS)

• Manage the (internal) general ledger of the Trading Vehicle for Derivatives including the intercompany reconciliation

• Consolidation reporting

• Monthly reports including analyses

• Give clear interpretation of rules and requirements to owner of source system concerning the information requirements and be responsible for updating procedures (SOX, IFRS)

Your experience and skills

• Bachelor degree or higher in Economics, Finance or Business discipline

• 3 - 5 years of experience in Accounting and Reporting or closely related discipline

• Knowledge of Financial Accounting Systems and/or Asset Management Systems

• Knowledge of IFRS principles and accounting practise

• Preferably knowledge of Financial instruments, especially Derivatives and constructions

• Knowledge of month-end closing processes

• Advanced knowledge of Microsoft and especially Excel

• Strong in English, both written and verbal, Dutch is a plus

Your competencies

To successfully integrate to the company and the team, you need to be:

• A Team player with a flexible attitude, no 9-5 mentality

• Fast learner, both content and systems

• Analytical skills – data and problem analysis, structured approach

• Self-motivated, able to work independently

• Proactive and result oriented – can do, thinking in solutions

• Good communication skills and stress resistance

Your department and challenge

Proprietary finance is responsible for the financial accounting and reporting of the investment portfolios of the ING Insurance companies in The Netherlands, Belgium, Luxembourg, Spain and Greece. All accounting and reporting activities have to apply to internal (clients, group) and external (supervisor) requirements. Proprietary finance consists of three teams: Financial Accounting, Management Accounting and Business Change.

In the changing environment the department has to act as a partner in business by being able to analyse and - if required - be able to quickly implement new strategies of products, or any other changes resulting from requirements of both internal and external clients. Moreover the department has to be able to react on new requirement of the external supervisor (among others changes in IFRS).

Business change team is implementing changes in context of Financial and Management Accounting. Depending on the requirements, the business change team is working closely with other departments of the Investment Management value chain.

The Associate Business Change position is internally referred to as internal function title.

We offer you

Note that applications via e-mail and third party applications are not taken into consideration.