IFRS Finance Specialist

NN is looking for an ambitious, open minded and proactive person who has the know-how to set down the foundation for how we look at financial results, with a focus on IFRS 17 accounting standard implementation.

We consider that in order to be successful in this role you need the following:

• Minimum 3 years of experience in Finance;
• Familiarity with the financial services sector (insurance);
• Finalized or in course of finalization ACCA (or equivalent) certification;
• Familiarity with multi-GAAP reporting (local, IFRS, SII);
• Thorough formalization skills;
• University degree in Economics.

Ideally, you would also:

• Be familiar with IFRS 17 Insurance contracts;
• Have basic actuarial studies or experience;
• Have experience working in Agile methodologies;
• Have experience with cost allocation tools (Peoplesoft/PowerBI).

Main responsibilities are grouped into two main areas: Accounting Policies and Financial Reporting Reconciliations as follows:

• Harmonize and document accounting policies under multiple reporting frameworks & requirements;
• Define and maintain accounting logic of adjustments to the statutory general ledger with particular attention to IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments;
• Assess impact of and communicate changes in the reporting frameworks;
• Ensure the correctness, integrity, timeliness and compliance with the accounting standards of the group reporting package and IFRS financial statements;
• Perform variation analysis, validations & reconciliations for the financial closing process;
• Propose optimizations in the overall financial reporting process;

A secondary part of the job is Management Reporting and entails the following responsibilities:

• Assimilate “AS IS” local group requirements on IFRS management reporting;
• Offer back-up in impact assessment of changes brought by transition to IFRS 17 in terms of granularity, comparability, frequency of management reporting;
• Set the approach to internal results analysis under new IFRS reporting framework, in order to create meaningful insights and recommendations for management;
• Continuously search for improvements of reports content, production and analysis in order to increase quality & efficiency in the management reporting process.