Logo of Huzzle

Home

Matches

Explore

Manage

Financial Reporting Analyst

image

ING

Jan 9, 2025

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Manila
  • Quick Apply

AI generated summary

  • You need a relevant bachelor’s degree, preferably a master’s and CPA, knowledge of banking, IFRS, UAT testing, and strong communication skills, with adaptability in an international setting.
  • You will manage month-end closures, prepare financial reports, ensure compliance, handle reconciliations, address accounting queries, and improve processes while collaborating with stakeholders.

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

Responsibilities

  • Execution of product and general ledger accounting and processing of monthend closure procedure
  • Preparation of regulatory reports, Balance Sheet, P&L and processing of key controls and quality controls
  • Managing of the month-end intercompany reconciliation process for ledger
  • Preparation of invoices, accruals, asset management activities, etc. (daily, monthly, quarterly, and annually, and additional reporting requests as required)
  • Creation of management information reports & dashboards
  • Process improvement around Head Office accounting & reporting functions
  • Ensuring compliance with Accounting Standards and ING financial reporting framework
  • Project related Head Office reporting requirements
  • Other ad hoc projects as requested
  • 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
  • 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

FAQs

What is the main responsibility of a Financial Reporting Analyst in GFS?

The main responsibility includes executing product and general ledger accounting, preparing regulatory reports, managing the month-end closure process, and ensuring compliance with accounting standards.

What qualifications are needed for this position?

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

Is knowledge of IFRS important for this role?

Yes, a knowledgeable understanding of IFRS is necessary as it relates to compliance and financial reporting standards.

Will the Financial Reporting Analyst work with stakeholders?

Yes, the role involves ensuring effective communication and managing relationships with internal and external stakeholders regarding accounting and reporting activities.

Are there opportunities for career development in this position?

Yes, employees will have opportunities to engage in ad hoc projects, process improvements, and to develop strong working relationships within the organization.

What financial products should a candidate be familiar with?

Candidates should have a basic to proficient understanding of banking knowledge, financial markets, lending products, and key EU regulations related to those products.

What kind of reports will the Financial Reporting Analyst be responsible for preparing?

The analyst will prepare regulatory reports, balance sheets, profit & loss statements, and management information reports and dashboards.

Where is this position located?

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

What is the work environment like for this role?

The work environment is diverse, creative, and energized, suitable for individuals who enjoy collaborating in an international context.

Will the Financial Reporting Analyst be involved in project-related tasks?

Yes, the analyst will participate in project-related Head Office reporting requirements as well as other ad hoc projects as requested.

image

ING

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.