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 in 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 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.
If you are good at:
Financial, Management or Cost Accounting & Reporting
• 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.
Policies and procedures
• 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
Communication & Stakeholder management
• 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.
If you are:
• 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
If you can:
• 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.
If you’d like to work with:
• Finance Bank (Amsterdam)
• Finance & Control Management Team, Leadership Team and staff
• Internal and external auditor
• Financial Controllers
• Stakeholders
If you want to:
• 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
What We Do
ING is a pioneer in digital banking and on the forefront as 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 tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise 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
.JPG)
_2.png)
