Associates, Financial Accounting
Title: Associates, Financial Accounting
Employer: ING Financial Services, LLC
Location: New York, NY
Salary range: $110,000 - $140,000
Job Description:
Lead the delivery of consolidated financial and regulatory reporting for ING’s head office. Lead preparation of Year-End audited financial statements for standalone legal entity. Own reconciliation processes across daily, monthly, quarterly, and annual cycles for timely and accurate month-end close reporting. Analyze existing accounting configurations and develop enhanced setups to improve financial data accuracy and reporting efficiency. Manage the implementation of new accounting standards and guidance in accordance with IFRS. Develop advanced reconciliations and variance analysis to produce detailed commentary for the Balance Sheet, Income Statement, and Off-Balance Sheet. Apply financial product knowledge to execute projects with strategic technology builds and changes in reporting paradigms. Contribute to project preparation and play a key role in multiple initiatives, supporting execution and driving progress across deliverables. Act as key contributor in presenting high-priority projects to the Finance Department, highlighting team efforts and final deliverables prepared for local regulators. Liaise with Finance teams, Operations, Front Office, internal and external auditors. Independently implement and enhance internal controls over financial reporting, identifying process inefficiencies and recommending improvements to strengthen control environments. Sign off on regulatory and financial reports as a reviewer. Lead interactions with internal auditors, external auditors, and Sarbanes-Oxley (SOX) compliance teams. Design onboarding programs and contribute to strategic planning, policy development, and financial oversight activities. Provide mentorship and job training to new team members.
Minimum Requirements:
Bachelor’s degree or foreign equivalent in Accounting, or Business Administration with Accounting focus and minimum 2 years of experience as financial or accounting analyst in the financial services industry. Must have experience working with the following: financial reporting and regulatory reporting; variance analysis and commentary accounting policies and new guidance implementation; automation and process improvement; financial products including Rev/Repo and Stock Borrow/Loan, derivatives, equities, and loans; performing financial analysis; Power BI and Python; navigating enterprise financial systems for reporting, journal entries, and data extraction; and reconciling financial data between multiple feeder systems and the general ledger to ensure accuracy and consistency.
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