Overview The Group Finance team is called "PBRC" (Planning, Budget, Results, Central) and is based in two locations, Paris & Madrid. This department is dedicated to analyzing, commenting, and reporting the financial information delivered to Group Management (CEO, CFO and Board of Directors) and to external parties (mostly shareholders, analysts, auditors, and supervisors). This department reports to the Group CFO of AXA.
PBRC owns all major Group Finance processes and is responsible for the analysis and monitoring of IFRS and Solvency 2 actual accounts, and to produce the Universal registration document (Group Annual Report) and SFCR. PBRC is also the owner of the accounting policy and definition of the main Group KPI. Within PBRC, the Global Consolidation team oversees the preparation of the Group Consolidated Financial Statements, internal information on balance sheet, as well as the Solvency 2 Pillar 3 ("S2P3") regulatory reporting on a quarterly basis. This includes regular interactions with entities to review and control the reported information, and to support entities in accounting and consolidation topics. The team prepares instructions, consolidates, and validates the information from entities. The Group Consolidation team interacts with other Group teams (Norms, Actuaries, Investor Relations, Corporate Finance, Risk Management, Performance management, Legal and Investment & ALM teams), as well as with other key external stakeholders such as Auditors and the Regulator.
The Group Consolidation team is made up of Controllers based in Madrid under the supervision of the Head of Consolidation. Each controller oversees some specific transversal topics and is the key contact point for some entities. This requires an effective relationship with entities and strong interactions with the other Group teams.
General mission :
The mission of the Financial Controller – IFRS is to perform (under the supervision and guidance of its manager) the control, analysis, and delivery of the IFRS balance sheet and related elements. Notably :
Group Consolidated Financial Statements in FY / HY and other external and internal disclosures and reports.
Quarterly closings or Pre-closings, contribute to some Budget and plan exercises.
Group Scope of consolidation.
Key synthesis and information for the Management.
To do so :
Interact with other Group departments, allocated Group Entities, provide support and assistance, answer questions; ensure that the entity understands and applies Group instructions; improve the quality, timeliness, and efficiency of the entity submissions.
Define Group timetable and instructions and ensure their correct application by entities.
Identify and enhance existing process within the team.
Prepare the audit trails and internal control framework with interactions with internal and external auditors. Assist the Group Audit process with internal and external auditors.
Contribute to team\'s performance (maintain and enhance working files and tools).
The controller is also the key contact point for a geography in the Group and has regular interactions with entities, providing them with support and assistance, and ensuring that the entity understands and applies Group instructions; improving the quality, timeliness, and efficiency of the entity IFRS submission.
Level of Education and skills Required :
Education and experience :
Advanced in English. French is a plus (the Group is regulated in France).
Technical skills required :
Business analysis and synthesis skills
Organized, structured & proactive
Knowledge in IFRS principles, experience in IFRS17 or IFRS9 is a plus.
Knowledge in accounting and financial mechanisms and consolidation techniques (intercompany, equity and dividend eliminations)
Professional skills in Excel and PowerPoint
Knowledge of visual basics is welcome
Knowledge of (SAP) BFC (or any consolidation tool) will be an advantage
Soft skills required :
Good team player
Ability to work in an international environment
Open to Change and be Flexible.
At AXA we actively promote Diversity and Inclusion by offering equal opportunities. Possession of a Disability certificate will be positively valued.
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Financial Controller • Madrid, Madrid, SPAIN