Head of Finance

The Head of Finance Division is responsible for overseeing the Bank's comprehensive financial operations and their adherence to applicable regulatory requirements. This role encompasses all aspects of financial management including accounting, budgeting coordination, corporate tax obligations, procurement functions, and the production and submission of all regulatory and Group reports. From a reporting perspective, the position ensures timely and accurate prudential, financial, statistical, and Group reporting while maintaining operational excellence and consistent regulatory adherence.
Your main tasks will be to:

• Manage the Bank's accounting functions including general accounting, subsidiaries consolidation, balance sheet and P&L statements, and related accounts reporting;
• Oversee financial management including budget planning, expense management, and cost control;
• Plan and manage corporate tax liabilities and VAT payments;
• Supervise the Procurement function covering third party service provider management, risk management, due diligence, contracts, and DORA compliance for ICT service providers;
• Ensure timely and error-free production and submission of all applicable regulatory and Group reports;
• Maintain accuracy and completeness of data in all reports, ensuring conformance to regulatory templates and Group expectations;
• Maintain process-driven, auditable, controlled, scalable and automated reporting procedures;
• Manage process documentation including Policies, Procedures, guidelines, and manuals;
• Lead and develop teams of experienced professionals across finance and regulatory reporting functions;
• Support Authorized Management and the Board of Directors on all financial accounting and regulatory reporting matters;
• Participate in new Project implementations and in the adaptation of the organization to evolving regulatory requirements and Group operating structure;
• Coordinate with the Bank’s IT function on system enhancements and new Projects from a financial perspective;
• Manage external and internal audits of the in-scope functions and processes.

• Master’s degree in Accounting or related field;
• Minimum 10 years demonstrable robust experience in a relevant senior Financial Accounting/Audit role in the Banking sector in Luxembourg/Europe with tangible exposure to regulatory reporting;
• Proven experience in managing multi-functional teams;
• Strong analytical skills with focus on accuracy and deadline adherence;
• Excellent communication skills and diplomacy to interact effectively with the Authorized Management, the Board of Directors, the Regulatory Authorities (notably the CSSF and the BCL) as well as peers and the Group Senior management;
• Ability to mentor and guide teams while serving as a career coach;
• Fluent in English (French considered an advantage);
• Proficiency in Microsoft Office tools;
• Knowledge of Olympic Banking system considered as a strong advantage;
• Demonstrated confidentiality, drive, motivation, positive mindset, and excellent team spirit.

Please be aware that in accordance with the law of July 23, 2016, the selected candidate will be requested to provide a criminal record (section 3)

• Is a leading bank in Luxembourg making part of a gobal world wide bank