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Short Term Assignment – Financial Accounting & Regulatory Reporting Retail NL
About the assignment
ING’s strategy is centered around providing a best in class experience to its customers, aiming to empower people to stay a step ahead in life and business. Innovation is considered to be a core enabler to accomplish this mission, especially given the fast changing environment we live in today. From a Finance perspective this means being in control at all times of ING’s financials while making sure that ING continuously adapts to meet the changing and more data driven regulatory and statutory reporting requirements.
We are looking for an intern to help us in further automating our End-2-End cost allocation process, which has been set up to determine the cost price for the services that Domestic Bank Netherlands sells to other ING entities outside of the Netherlands. The design of the process ensures that we have a proper audit trail in place, which allows us to recover VAT in the Netherlands. You are able to oversee the end-to-end process, see the big picture and translate the requirements from various stakeholders in an efficient process/solution. You determine the impact of proposed changes, take timely decisions and implement those changes. In the End-2-End process , you eliminate manual work by building automatic data transfers (ETL) to feed relevant data from numerous systems to our data warehouse and further to the Cost Allocation software used. Strong collaboration, communication and stakeholder management skills are therefore a key to fulfilling this role successfully.
About the work environment
Finance Domestic Bank is responsible for the financial accounting and Statutory/Regulatory reporting of all Retail activities in ING’s home market, totaling to a Balance Sheet of 130 billion euro. The Financial Accounting tribe aims at finding the balance between high speed to continuously deliver on all regulatory changes and an efficient and up-to-standard way of working to process vast data sets according to strict IFRS, Tax and ECB rules.
During this assignment you work in a multidisciplinary squad with Finance and Tax experts, Portfolio managers and with development engineers. You will be running, analysing, and improving the I4C database (connections). Your goal is to make the process as smooth, safe and easy as possible both for our Finance teams and the business.
You will be working in an agile environment driven by autonomy and alignment.
In this way of working you will benefit from:
Empowerment and accountability on your delivery
Added value to our (internal) customers as you will deliver faster and in a more effective way
Transparency & dynamic setting for you to deliver within your squad
A lot of development opportunities, knowledge sharing with other experts
You have a learning attitude
You feel at home in a high-performing team and you make the other team members feel at home as well. You have the independence to speak up when needed
You have exceptional problem-solving capabilities. You understand that understanding the problem is at least 90% of the solution. You have displayed creativity and tenacity in cracking the problem and finding a solution to it
You are driven and customer focused, and like to collaborate with different people
You challenge status quo
You are able to work in an autonomous way and take initiative
You make things happen thanks to your ‘can do’ attitude
SQL skills (SQL Server, TSQL)
Dimensional Modelling ( Kimball)
Hands-on experience building complex ETL
Excellent oral and written English and/or Dutch skills
Working at ING means working in a dynamic and international setting. You will become a member of the Finance Domestic Bank tribe, a no-nonsense and progressive tribe known for qualitative deliveries. We strive to achieve the best and therefore need talented and driven colleagues.
6-12 months internship
Challenging yet fun and constructive environment
Working with highly skilled people, experts in their domains
Working in an area which is of regulatory importance to ING