Financial Reporting Specialist
Currently, we are looking for a Financial Reporting specialist for Financial Reporting & Operations (FR&O). Are you ready for the next step in your career? Then join our FR&O team at Aegon!
Description department
The department Financial Reporting & Operations is part of Corporate Financial Center. The primary objective of Corporate Financial Center is to provide Aegon’s Executive Committee and Board of Directors with meaningful financial information (e.g. capital, P&L, balance sheet etc.) to support the board’s decision making process and deliver legally required reporting.
Results
Within this role your focus will be IFRS based reporting and you may also work on other financial reporting deliverables of the department. This provides you the opportunity to broaden your scope and develop in different areas.
Activities include
- External and internal financial Reporting
- Data gathering and consolidation of financial and certain non-financial data, in a controlled manner, to create accurate IFRS based reporting deliverables, like the consolidated (interim) financial statements and other IFRS based deliverables.
- Quality assurance
- Ensure timely and complete financial reporting, in line with relevant regulations and guidelines (e.g. IFRS, SOX, SEC etc) and cooperate with other parties that deliver input for the reports (e.g. Strategy, Treasury, Risk, Compliance, HR).
- Assure data integrity and provide high quality information/reports (such as reports, tables, etc.), and continuously strive to promote and implement effective automation and efficiency in existing processes.
- Coordinate tick & tie activities ensuring management information and external
financial reporting are error free
- Control framework
- Maintain efficient and effective (SOX) controls and ensure adequate execution of internal control over financial reporting processes.
- External audit
- Work with the external independent group audit team. This includes providing relevant documentation to support the audit procedures and maintaining a professional relationship with the independent auditor.
- Local Business units
- Work actively with Aegon’s business units to ensure that the (IFRS) reporting meets Aegon’s requirements and ensure data quality in line with Aegon’s IFRS reporting manual. This includes the preparation of reporting instructions to business units regarding IFRS reporting requirements and timelines.
- Provide support to local finance departments in closing a period, from own expertise, in order to enhance the quality and compliance of financial reporting.
Know-how
- Bachelor’s or Master’s degree in finance / accounting or equivalent.
- Minimum of 6 years’ relevant work experience in the financial services industry.
- Strong understanding of application of IFRS accounting principles.
- Work experience in an international and, or multinational environment.
- Strong financial reporting experience, including experience with multi-dimensional reporting tools (Aegon works with Tagetik). Experience with PowerBi is an advantage.
- Strong analytical and organizational skills.
- Strong communication skills (written and spoken English).
Candidate traits
- Accurate and detail-oriented worker.
- Adaptive to changing environments.
- Proactive, self-starter, strong sense of responsibility, highly committed.
- Curious and independent problem solver but able to escalate issues adequately.
- Able to work within tight deadlines.
- Team player.
What we offer
- Highly competitive annual pay
- A good work/life balance including annual leave and statutory holidays in accordance with the Hungarian labor regulations.
- Work from home in a hybrid working model.
- Pension and medical plan
- Yearly training budget, plus a large pool of in-house training to choose from
- Complex people programs to support your individual and team development.
- An opportunity to work with international offices and businesses, while being based in Budapest.
- And last, but not least: fun and energetic, on the ground and global team!
Aegon is an international financial service holding company headquartered in The Hague, the Netherlands. Our ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Our purpose is to help people live their best lives, which goal runs through all of our activities. The company has multiple locations across the globe, with core markets in the UK and the US, partnerships in Spain & Portugal, Brazil, and China and an Asset Management organization with locations in UK, US, NL and Hungary. In the Netherlands, Aegon generates value via a strategic shareholding in a market leading insurance and pensions company.
Aegon Global Business Solutions Center is supporting these businesses with IT, Finance, Risk, Model Validation, Actuarial, Audit and Asset management services with a growing team of approx. 300 people, based in Budapest, Hungary.
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AGT Hungary IT Services LLC (HUN entity)