Associate - Financial Control and Reconciliation

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about 2 months old

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About the opportunity

The Associate Financial Control and Reconciliation acts as a subject matter expert in the Financial Control and Reconciliation Team within the Finance function. 

The associate is actively involved in and contributing to the functioning of key processes within the team’s scope and proactively takes responsibility at the interface to other teams within and outside the function. 

In addition to contribution to an effective and efficient Finance Compliance set-up, one of the core deliverables for the role will be the design and implementation of a Finance-Risk Data Strategy to promote the principles of effective finance and risk data aggregation. 

 

In this role, you will:

  • Develop and implement a Finance-Risk Data Strategy, ensuring proper visibility on data flows and steering-relevant KPIs 

  • Map and assess the complete record-to-report data flow documenting the interactions between key microservices and our reporting software

  • Review, assess and enhance our existing reporting infrastructure in line with the principles of BCBS 239 

  • Develop appropriate consistency checks for data across the Financial Domain and in close partnership with the Group Risk Function 

  • Execute control steps to ensure effective Finance Compliance in line with the established Risk-Control-Matrix and company-wide Risk management methodology

  • Act as an intermediary between the Finance function and the 2nd line, in particular the Risk Controlling and Non-Financial Risk Management teams 

  • Support in establishing effective reconciliation mechanisms and serve as an advisor to the process owners in regards to process improvement and automation

  • Assist in the risk-control gap analysis and design of effective controls for specific financial statements assertions to ensure data accuracy and completeness in our internal and external reporting

  • Educate risk owners and functional leads on methodology, implementation, review and documentation of internal controls

  • Function as an interface between delivering source systems and receiving ledger systems 

  • Assist in investigating data quality issues, developing remediation plans and recommendations for remediation at source

  • Support with internal/external audits and present your ideas and solutions to senior management

 

What you need to be successful:

Background:

  • University degree in Business, Economics, Computer Science or other technical background with relevant professional experience

  • 3 to 5 years of professional experience in Finance, Risk or Data Management

 

Skills:

  • Good knowledge of the regulatory requirements for risk management as well as strong knowledge of the standard risk controlling methods and procedures, experience in the implementation of BCBS 239 / RDARR capabilities is a plus

  • Strong understanding of data structures and databases as well as experience in data preparation and analysis 

  • Detail-oriented with the ability to prioritise and manage multiple tasks in a fast-paced environment

  • In-depth knowledge of financial reporting, accounting, data warehousing 

  • Expertise as a user of standard statistical and data analysis software such as Python, SQL, Power BI, Tableau, R etc

  • Analytical and conceptual skills, paired with eloquent communication in speech and writing as well as a high degree of organisational talent and initiative

  • Fluent in English, German is a plus

 

What's in it for you:

  • Accelerate your career growth by joining one of Europe’s most talked about disruptors 🚀.

  • Employee benefits that range from a competitive personal development budget, work from home budget, discounts to fitness & wellness memberships, language apps and public transportation. 

  • As an N26 employee you will have access to a Premium subscription on your personal N26 bank account. As well as subscriptions for friends and family members.    

  • Vacation days vary depending on your location of work. Additional day of annual leave for each year of service.  

  • A high degree of autonomy and access to cutting edge technologies - all while working with a friendly team of peers of diverse nationalities, life experiences and family statuses. 

  • A relocation package with visa support for those who need it.

 

Who we are

N26 has reimagined banking for today’s digital world. Technology and design empower everything we do and it’s how we are building the global banking platform the world loves to use.

We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do. 

We are headquartered in Berlin with offices in multiple cities across Europe, including Vienna and Barcelona, and a 1,500-strong team of more than 80 nationalities.

 

Sounds good? Apply now for this position.

N26 is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status.

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