Associate Reporting And Accounting Officer

Associate Reporting and Accounting Officer – LuxembourgJoin to apply for the Associate Reporting and Accounting Officer – Luxembourg role at European Investment Bank (EIB).This position is based at our Luxembourg headquarters and requires regular office presence.The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment.We also offer relocation support.The EIB, the European Union's bank, is seeking to recruit for its Chief Financial Controller Directorate (CFC), Financial Reporting and Accounting Department (FRA), Bank Reporting Division (BRD), Treasury & Funding Accounting Unit (TFAU) at its headquarters in Luxembourg an Associate Reporting and Accounting Officer.PurposeYou will assess the impact of newly introduced accounting regulations—including European Accounting Directives (EUGAAP) and International Financial Reporting Standards (IFRS)—on financial reporting and accounting policies in order to formulate recommendations that ensure regulatory compliance, consistency, and transparency across the EIB Group.You will do so through the analytical review of accounting sections, the identification and resolution of anomalies or inaccuracies in financial reports, and close collaboration with other services of the Bank to support the integrity and reliability of financial information.Operating NetworkThe Treasury and Funding Accounting Unit (TFAU) is part of the Bank Reporting Division, responsible for the production of the financial statements of the EIB and the EIB Group under the EU-AD and IFRS.The TFAU also prepares the EIB's statistical reporting to the Central Bank of Luxembourg.The unit covers treasury and capital market activities whose data streams have an important impact on its financial position, such as market risk, credit risk, performance indicators, and the associated information and management systems.You will report directly to the Head of the Treasury and Funding Accounting Unit (TFAU) within the Bank Reporting Division.The role involves close collaboration with other team members in the unit and across the Bank's services.This position requires a high level of analytical and communication skills, discretion, and the ability to manage multiple topics simultaneously.You will often operate under tight deadlines and handle complex financial and regulatory matters, contributing directly to the accuracy and integrity of the Bank's financial reporting and compliance efforts.Panel interviews are anticipated for February/ March ****.AccountabilitiesExecute accounting and control processes on financial data and reporting systems to ensure the accurate and timely production of financial statements and other reports in compliance with EU directives (EU-AD) and International Financial Reporting Standards (IFRS).Communicate accounting-related strategies, policies, and procedures across the organisation to promote consistency and alignment with regulatory and internal standards.Monitor developments in IFRS, European Directives, and other relevant accounting standards applicable to the EIB and EIB Group to assess their implications and support timely adaptation.Stay informed of best practices in accounting and financial regulation to enhance the quality and reliability of financial reporting.Manage internal and external relationships related to financial accounting to support effective collaboration and ensure the integrity of financial information.QualificationsUniversity degree (minimum equivalent to a Bachelor's) preferably in accounting, finance or related field.An internationally recognised professional accounting or finance analyst qualification (e.g. ACCA, CFA, FRM) would be an asset.At least 3 years of relevant professional experience, ideally in a similar role in accounting, finance, or related areas in the banking sector and/or with a major audit firm.Deep understanding of IFRS and of European Accounting Directives.In-depth knowledge of financial instruments and investment structures.Solid understanding of the relationship between financial risk hedging, asset and liability management (ALM) policies, financial reporting, consolidation, funding, and lending activities.Demonstrated ability to track and report financial data effectively, with skills in data visualisation and information presentation.Familiarity with software applications such as Peoplesoft GL, Wall Street Suite, and Business Objects would be an advantage.Excellent knowledge of English and/or French (*), with a good command of the other.(Knowledge of other EU languages would be an advantage).CompetenciesFind out more about EIB core competencies here.Eligibility and Diversity StatementBy applying for this position, you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group.In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorised disclosure of any information or any damage to the EIB Group reputation.We hire and value talent with unique characteristics, creating a work environment where they can be themselves.We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation.We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation, disability or neurodiversity.We strongly invite applicants with a disability, neurodivergent profile or chronic condition to request reasonable accommodations at any stage during the recruitment process.Please contact the EIB Recruitment team who will ensure that your request is handled.Deadline for applications: 17th January ****.#J-*****-Ljbffr