Vice Presidents, Financial Accounting

Title

VPs Financial Accounting

Employer

ING Financial Services, LLC

Location

New York, NY

Salary range

$143,000 - $181,000

Job Description

Work with the Financial Accounting Team to maintain a holistic and robust reporting environment with accurate financial data and substantial control framework. Perform financial, regulatory and management reporting for applicable ING entities in accordance with internal global banking policies, procedures, and accounting and regulatory frameworks. Demonstrate an in-depth understanding of financial accounting and controls. Responsible for the Dutch Head-Office consolidated Financial and ECB Regulatory Reporting. Take ownership of the quality and reliability of financial reports. Review variance analyses and detailed commentary for balance sheet, income statement, and off-balance sheet. Add value to the Business by raising relevant recommendations. Research and assist in the implementation of new accounting guidance and keep abreast of new accounting guidance impacting reporting. Liaise with other Finance teams, Operations, Front Office, and internal and external auditors. Implement on-going internal controls over financial reporting and improve processes and controls. Minimum Requirements: Bachelor’s degree or foreign equivalent in Finance, Accounting, or closely related field and minimum 5 years of [or master’s degree or foreign equivalent as stated above and 2 years of] experience in any occupation involving financial reporting under IFRS within the banking sector. Must have experience working with the following: accounting and reporting of financial products including (reverse) repurchase agreements and securities borrowing/lending, loans, derivatives, equities, and bonds; EU regulatory reporting and accounting policies; performing complex analysis on financial statements, external disclosures, and regulatory reports including FINREP; defining accounting and reporting requirements for financial system changes, performing testing for implementation, and collaborating with IT teams to ensure system alignment with regulatory and organizational standards. performing variance analyses and preparing technical commentary including supporting the interpretation and implementation of new accounting guidance; enhancing and automating processes within financial accounting and IFRS reporting environments including improving workflow efficiency, data quality, and reporting controls; navigating systems for reporting, journal entries, and data extraction using PeopleSoft, and SAP ; reconciling financial data between back-office & reporting systems, and GL to ensure accuracy and consistency; liaising with internal & external auditors; and providing recommendations to establish a substantial control framework. #LI-DNI We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow. Your future at ING starts with one application. Ready to join? We’ve got plenty of opportunities to match your skills and aspirations! Use the filters below the search bar – like location and job type – to help you find the perfect fit. Start exploring now and discover where your next career move could take you!