Senior Associate

About the Position

Senior Associate - Financial Accounting & Reporting

Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending, and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is in a growing phase and the number of activities is expected to grow further in Manila in both depth and broadness during 2022 and beyond.

The GFS department is split into several teams responsible for the different accounting and reporting activities of ING Bank. Activities include but are not limited to:

• Execution of product and general ledger accounting and processing of month-end closure procedure
• Preparation of regulatory reports, Balance Sheet, P&L, and processing of key controls and quality controls
• Managing 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.

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.

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 an international context.
• Transparent, flexible, and motivated to make every day a success.

We Offer

• 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.

About the Company

ING is committed to creating an inclusive culture where everyone can thrive and make an impact on our customers and society. We always support diversity, equality, and inclusion. We do not tolerate any form of discrimination, whether due to age, gender, gender identity, culture, experience, religion, race, disability, family responsibilities, sexual orientation, or anything else. If you need support or adjustments during the recruitment process or interview, please contact the recruiter indicated in the job posting. We are here to help you make the process fair and accessible. Learn more about our commitment to diversity and inclusion here.

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Apply now to join our team in Makati City, Philippines!