Aegon

The department Financial Reporting & Operations is part of Corporate Financial Center. The primary objective of Corporate Financial Center is to provide Aegon’s Management Board, Executive Board and Supervisory Board 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.

To help achieve this objective, the Financial Reporting & Operations team acts as a shared service center for Aegon Corporate Center and Aegon International for global reporting. The Financial Reporting & Operations team is responsible for gathering financial and certain non-financial data routinely in a controlled manner, reporting related to the wider range of Aegon Group and Aegon International deliverables and delivering information for compliance reporting purposes and as a basis for Aegon’s management information. Furthermore, the department maintains the books and records of holding companies in The Hague, Budapest, and Hong Kong. 

The department works very closely with other disciplines within the Corporate Center and International such as the Financial Planning & Analysis, Group Treasury, Group Risk, Investor Relations and the other groups within Corporate Center. In addition, Financial Reporting & Operations works closely together with all Aegon’s business units to ensure timely and high-quality information. The reporting process is a global process whereby ongoing communication and alignment with country units is essential.

Position in the organization

The Financial Reporting manager - IFRS reports to the Head of IFRS reporting.

Purpose of the job

The Financial Reporting manager – IFRS is accountable and responsible for the ongoing analysis and

reporting across all financial aspects of reporting processes. He or she can lead small teams deployed by

the FR&O Management team to ensure timely, accurate and complete delivery of the financial reports. The Financial Reporting manager – IFRS is a seasoned financial reporting professional who has an in-depth technical knowledge and practical understanding of IFRS.

Results

Within this role your first focus will be IFRS reporting and you can be flexibly deployed across the other reporting delivery teams; Financial and SII reporting. This provides you the opportunity to broaden your scope and develop in different areas.

Activities include:

• External financial Reporting – Data gathering and consolidation of financial and certain non-financial data, in a controlled manner, to create accurate IFRS interim financial statements, integrated annual report, Form 20-F and ad hoc IFRS data requests. Ensure timely and complete financial reporting, in line with relevant regulations and guidelines (e.g. IFRS, SOX, SEC etc) and coordinate with other parties that deliver input for the reports (e.g. Strategy, Treasury, Risk, Compliance, HR).
• 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 include the preparation of reporting instructions to business units regarding IFRS reporting requirements and timelines.
• Quality assurance - 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 and perform tick & tie procedures ensuring external financial reporting and management information are error free.
• Control framework - Maintain efficient and effective (SOX) controls over financial reporting processes.
• Governance - Member of the disclosure working committee that acts as the working arm of the disclosure committee, working with representatives of all relevant departments to ensure high quality, compliant external disclosures.
• External audit - Support the audit engagement and work closely with the independent group audit team. This includes providing relevant documentation to support the audit procedures and maintaining a professional relationship with the independent auditor.
• Local Support - Provide support to local finance departments in closing a period, from own expertise, in order to enhance the quality and compliance of financial reporting.
• Treasury support – Assist with execution with capital market transactions, providing financial reporting data for prospectus and other debt documentation.
• People management - Manage and develop less experienced people in the team allocated to the deliverables which you manage.

Know-how

• Master’s degree in finance / accounting plus RA, RC or equivalent.
• Minimum of 8 years’ relevant work experience in the insurance industry or big 4 financial services.
• Work experience in an international and, or multinational environment.
• Excellent analytical, people and organizational skills.
• Extensive financial reporting experience.
• Deep understanding of application of IFRS accounting principles, especially insurance and financial instruments accounting.
• Clear communicator with the ability to bring people together.
• Strong stakeholder management.
• Strong written and spoken English language skills.

Leadership qualities

• Personal Accountability: Takes ownership for actions and recognizes own weaknesses and admits mistakes. 
• Change Agent: Driven by a bias for continuous improvement, initiates meaningful change and is adaptive to a changing environment including working with different stakeholders and multiple tasks simultaneously and over time.
• Develops and Coaches People: Creates opportunities for others to grow, learn and add value.
• Inspires Confidence: Draws maximum effort exceeding expectations through assertiveness and composure under pressure. 
• Executes Objectives: Effectively prioritizes activities based on global initiatives, competing interests and resource constraints and delivers within agreed timelines.

What are we offering?

• Compensation levels depend upon an applicant’s qualifications and will be determined by hiring supervisors/managers and HR.
• You will receive a thirteenth month and a holiday allowance in the form of a monthly flex budget, amounting to 16.7% of your monthly salary
• Plenty of scope and budget for your personal development
• A minimum of 27 holiday days
• Reimbursement of your travel expenses
• Discount on Aegon life insurance products
• A good pension scheme

Enthusiastic? Apply!

Are you enthusiastic about this vacancy and do you think that Aegon is a good fit for you? Then we invite you to apply. Do you have any questions first? Send an email to max.krajenbrink@aegon.com

You can find more information about our application process on our website.

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