Senior Accounting Manager (Global Bank Luxembourg)

Key Responsibilities

1. 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.
2. Team Management
3. Lead, manage, and motivate a team of six accountants, fostering development and maintaining high performance.
4. Provide training and guidance to improve efficiency and knowledge within the team.
5. Prepare annual accounts in line with IFRS and local GAAP standards.
6. Manage VAT declarations and ensure tax compliance through the TVA system.
7. Collaborate with external auditors and financial authorities to maintain compliance and address audit requirements.
8. Maintain and update bank accounts and records within the Banking System.
9. Develop and refine internal procedures for increased efficiency and compliance.
10. Support the Head of Finance on projects and corporate accounting matters.
11. Assist General Management by advising on accounting and financial issues.
12. Manage regulatory reporting (CSSF, BCL) as required.
13. Ensure alignment with accounting standards and legal regulations, including engaging with financial authorities.
14. Financial Reporting & Compliance
15. Process Improvement & System Maintenance
16. Strategic Assistance
17. Regulatory Responsibilities

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.
• 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.
• Prior experience as an auditor.
• Expertise in managing external auditor relationships.
• Strong collaboration skills with upper management and stakeholders.
• Skills & Attributes
• Additional Assets

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.