Luxembourg Job Openings

Skillfinder International

SENIOR ACCOUNTING MANAGER (GLOBAL BANK, LUXEMBOURG)

CONTRACT

December 2, 2024

  • Location

    Luxembourg
  • Sector:

    Finance & Banking
  • Job type:

    Contract
  • Salary/Rate:

    negotiable
  • Contact:

    Amy Hughes
  • Contact email:

    ahughes@skillfindergroup.com
  • Job ref:

    18796USER_75
  • Consultant:

    Amy Hughes
Senior Accounting Manager (Global Bank Luxembourg)
Key Responsibilities
  • Accounting Operations
    • Manage the Accounting Section within the Finance Department, ensuring operational efficiency.
    • Oversee daily, monthly, and annual financial operations, including P&L accounts and Forex positions.
    • Ensure the accuracy and timeliness of Profit & Loss reports, budgeting, and forecasting.
    • Supervise accounts payable, receivable, and general ledger activities.
  • Team Management
    • Lead, manage, and motivate a team of six accountants, fostering development and maintaining high performance.
    • Provide training and guidance to improve efficiency and knowledge within the team.
  • Financial Reporting & Compliance
    • Prepare annual accounts in line with IFRS and local GAAP standards.
    • Manage VAT declarations and ensure tax compliance through the TVA system.
    • Collaborate with external auditors and financial authorities to maintain compliance and address audit requirements.
  • Process Improvement & System Maintenance
    • Maintain and update bank accounts and records within the Banking System.
    • Develop and refine internal procedures for increased efficiency and compliance.
  • Strategic Assistance
    • Support the Head of Finance on projects and corporate accounting matters.
    • Assist General Management by advising on accounting and financial issues.
  • Regulatory Responsibilities
    • Manage regulatory reporting (CSSF, BCL) as required.
    • Ensure alignment with accounting standards and legal regulations, including engaging with financial authorities.
Candidate Profile
  • Experience & Education
    • Minimum 10 years of experience in accounting, preferably in banking.
    • Proven experience managing teams effectively.
    • Master’s degree in Accounting, Finance, or a related field.
  • Technical Knowledge
    • Expertise in Lux GAAP and IFRS standards.
    • Advanced knowledge of tax and VAT regulations.
    • Proficiency in accounting software and advanced Excel skills.
    • Familiarity with regulatory reporting (CSSF, BCL) is an advantage.
  • Skills & Attributes
    • Strong analytical, organizational, and communication skills.
    • Professional discretion, high efficiency, and initiative-driven approach.
    • Ability to perform under pressure and meet tight deadlines.
    • Bilingual fluency in English and French is essential.
  • Additional Assets
    • Prior experience as an auditor.
    • Expertise in managing external auditor relationships.
    • Strong collaboration skills with upper management and stakeholders.
This position is ideal for a seasoned accounting professional with a proven track record in banking, a strong grasp of regulatory frameworks, and a passion for leading and optimizing financial operations.

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