2023-08-23 14:48:55

Senior IFRS Expert

Luminor Bank AS
3100 - 4700 €/m Gross
Occasional remote work possibility

Job Description

Join us and get a once-in-a-lifetime opportunity to literally build a local banking champion!

How You Will Make an Impact:

  • Interact with stakeholders at all levels of the group as an expert and consult stakeholders on international financial reporting standards (IFRS) and international accounting standards (IAS) requirements and high-level accounting schemas
  • Contribute to the interim and annual financial statements preparation process ensuring compliance with the reporting requirements as well as optimizing the disclosures
  • Monitor regulatory requirements related to accounting and IFRS with the aim of determining the potential impact on financial statements
  • Advice on implementation of relevant changes into daily accounting and regulatory reporting processes due to revised IAS and IFRS requirements
  • Prepare high level accounting schemas for new, revised or changed banking products based on the IFRS / IAS requirements and specifics of banking chart of accounts as part of Product Accounting Change (PAC) process Investigate and identify deficiencies in the control environment, propose the solutions and ensure that the appropriate actions are taken by the stakeholders
  • Develop internal regulations and documentation for relevant group accounting processes
  • Participate and coordinate different accounting and process improvement related projects
  • Collaborate with external auditors and internal stakeholders on provision of the financial information upon specific requests related to statutory audit of Luminor Group and other engagements

Requirements

  • Minimum BSc degree in finance, accounting, economics, banking, or business administration
  • Knowledge of and experience with: banking products (strong advantage)
  • Knowledge of and experience with: IFRS (must have)
  • Knowledge of and experience with: FINREP (strong advantage)
  • Knowledge of and experience with: annual and interim statutory reporting preparation (strong advantage)
  • Knowledge of and experience with: preparation of accounting schemas for banking products based on the IFRS
  • Knowledge of and experience with: requirements and specific banking charts of accounts (strong advantage)
  • Knowledge of and experience with: cross-border consolidation (strong advantage)
  • Knowledge of and experience with data analytics tools: Advanced MS Excel skills (must have)
  • Experience in optimizing the control environment
  • Fluent professional English is required in spoken and written communication due to working on Pan-Baltic level

Nice to have

  • Knowledge of and experience with data analytics tools: SQL is considered as advantage
  • Knowledge of and experience with data analytics tools: Power BI knowledge is considered a strong advantage, but willingness to learn Power BI is a must
  • Interest in and knowledge of AI are welcome
  • Personal Competencies: Ability to adapt and respond to changing work situations
  • Personal Competencies: Ability to collaborate efficiently with others and contribute to a positive team environment
  • Personal Competencies: Relevant qualifications or studies towards ACCA, CFA, or similar are considered an advantage
  • Personal Competencies: Can-do attitude and strong attention to detail
  • Knowledge of a local Baltic language is strong advantage

Company offers

  • Flexibility. Flexible working hours, Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
  • International teams. Teams that go outside Pan-Baltic borders, where people value challenging work together with good humor and having fun
  • Culture. You’ll be joining a team where things move fast, ideas flow freely, and change is part of the everyday. It’s a dynamic environment that keeps you learning, growing, and never bored
  • More vacation. Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
  • Volunteer time off. We care about giving back to society, therefore, you will get additional days off for volunteering purposes
  • Paid leave. We are proud of our employees who are participating in military training. Therefore, Luminor offers 30 fully paid calendar days for military training every year
  • Health benefits. A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states, as well as Health days in case of your absence due to sickness without a doctor's note needed
  • Wellbeing. Access to tools and resources that help you feel good and be productive at work and in life
  • Professional growth. Internal and external training programs, LinkedIn learning, workshops, conferences, online training, etc
  • Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor