Financial Reporting Specialist job in Budapest

Budapest Aegon

Job Ref:	R20055060
Employer:	Aegon
Sector:	Pensions/Retirement
Qualifications:	Unclassified
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	Hungary
City:	Budapest
Post Code:	Not specified
Map:	(Show on map)
Description
Aegon is an international financial service holding company headquartered in The Hague, the Netherlands. Our ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Our purpose is to help people live their best lives, which goal runs through all of our activities. The company has multiple locations across the globe, with core markets in the UK and the US, partnerships in Spain & Portugal, Brazil, and China, and an Asset Management organization with locations in UK, US, NL and Hungary. In the Netherlands, Aegon generates value via strategic shareholding in a market-leading insurance and pensions company. Aegon Global Business Solutions Center is supporting these businesses with IT, Finance, Risk, Model Validation, Actuarial, Audit, and Asset management services with a growing team of approx. 300 people, based in Budapest, Hungary. Currently, we are looking for a Financial Reporting specialist - IFRS for Financial Reporting & Operations (FR&O).Are you ready for the next step in your career? Then join our FR&O team at Aegon Corporate Center! About the department The department Financial Reporting & Operations is part of Corporate Financial Center. The primary objective of Corporate Financial Center is to provide Aegon's Executive Committee and Board of Directors with meaningful financial information (e.g. capital, P&L, balance sheet etc.) to support the board's decision making process and deliver legally required reporting. To help achieve this objective, the Financial Reporting & Operations team acts as a service center for Aegon Corporate Center and Aegon International for global reporting. The Financial Reporting & Operations team is responsible for gathering financial and certain non-financial data routinely in a controlled manner, reporting related to the wider range of Aegon Group and Aegon International deliverables and delivering information for compliance reporting purposes and as a basis for Aegon's management information. Furthermore, the department maintains the books and records of holding companies in The Hague, Budapest, and Hong Kong. The Financial Reporting specialist-IFRS reports to the Head of IFRS reporting. Purpose of the job The Financial Reporting specialist - IFRS is responsible for the ongoing review, analysis and reporting across all financial aspects of reporting processes. The candidate will gather, consolidate and report financial and certain non-financial information for Aegon worldwide, including preparation of the reports, automated validation checks and supporting all users of the global reporting tools. The Financial Reporting specialist - IFRS is an experienced financial reporting professional who has an strong technical knowledge and practical understanding of IFRS and in particular IFRS 17. Key Duties and Responsibilities: External financial Reporting - Data gathering and consolidation of financial and certain non-financial data, in a controlled manner, to create accurate IFRS interim financial statements, integrated annual report, annual report on Form 20-F and ad hoc IFRS data requests. Ensure timely and complete financial reporting, in line with relevant regulations and guidelines (e.g. IFRS, SOX, SEC etc) and cooperate with other parties that deliver input for the reports (e.g. Strategy, Treasury, Risk, Compliance, HR). Work actively with Aegon's business units to ensure that the IFRS reporting meets Aegon's requirements and ensure data quality in line with Aegon's IFRS reporting manual. This includes the preparation of reporting instructions to business units regarding IFRS reporting requirements and timelines. Quality assurance - Assure data integrity and provide high-quality information/reports (such as reports, tables, etc.), and continuously strive to promote and implement effective automation and efficiency in existing processes. Coordinate and perform tick & tie procedures ensuring external financial reporting and management information are error-free. Tick & tie - Coordinate tick & tie activities ensuring management information and external financial reporting are error-free. Control framework - Maintain efficient and effective (SOX) controls and ensure adequate execute of internal control over financial reporting processes. External audit - Work closely with the external independent group audit team. This includes providing relevant documentation to support the audit procedures and maintaining a professional relationship with the independent auditor. Local Support - Provide support to local finance departments in closing a period, from own expertise, to enhance the quality and compliance of financial reporting. Qualifications: Master's degree in finance/accounting plus chartered accountant registration. Minimum of 6 years' relevant work experience in the financial services industry or big 4 financial services. Strong understanding of the application of IFRS accounting principles, especially insurance (IFRS 17) and financial instruments (IFRS 9) accounting. Work experience in an international and, or multinational environment. Strong financial reporting experience. Strong analytical, people and organizational skills. Strong communication skills (written and spoken English). What we are looking for: Proactive, self-starter, strong sense of responsibility, highly committed. Curious and independent problem solver but able to escalate issues adequately. Accurate and detail-oriented worker. Adaptive to changing environments. Able to work within tight deadlines. Team player. What we offer: Highly competitive annual pay. A good work/life balance including annual leave and statutory holidays by the Hungarian labor regulations. Work from home in a hybrid working model. Pension and medical plan. Yearly training budget, plus a large pool of in-house training to choose from. Complex people programs to support your individual and team development. An opportunity to work with international offices and businesses, while being based in Budapest. And last, but not least: fun and energetic, on the ground and global team!

ref: (R20055060) 1 day ago

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