Senior Reporting Policies Consultant

RandstadEuro 75.000 - 90.000Reference: P 14972913 october 2011


ING is a global financial institution of Dutch origin, currently offering banking, investments, life insurance and retirement services to meet the needs of a broad customer base. Going forward, the organisation will concentrate on their position as an international retail, direct and commercial bank, while creating an optimal base for an independent future for our insurance operations (including investment management).  

From 1 January 2010, the banking activities are divided into two main business lines: Retail Banking and Commercial Banking. Retail Banking is composed of Retail Netherlands, Retail Belgium, Retail Central Europe, Retail Asia and ING Direct. Commercial Banking also manages ING Real Estate. 

From 1 January 2010, the insurance activities are structured by region: Insurance Benelux, Insurance Central & Rest of Europe, Insurance United States, Insurance Latin America and Insurance Asia/Pacific. ING Investment Management is part of the insurance activities.


Main objectives of the job

  • Developing the accounting policies to be used by the company
    and her subsidiaries and all the business units for financial
    reporting in the annual accounts, based on IFRS and Dutch
    laws and regulations (including DNB and AFM).
  • The same for the reporting requirements resulting from the
    registration of Group with the  SEC in the US, based on SEC
  • Preparing and providing instructions regarding financial reporting
    to business units. Advises Group management and the business
    units with respect to the implementation
  • Establishing and maintaining national and international consultation
    related to financial reporting by, and supervision of, financial

Key responsibilities / Accountabilities

  • Identifying, monitoring and participating – at both a national
    and international level – in new regulatory developments
    regarding financial reporting by, and supervision of, financial
     institutions, particularly with respect to IFRS, US GAAP and the
    Dutch Central Bank. Assessing regulations (both drafts and final
    versions) and analysing their impact on the company.
  • Consulting with other financial institutions both nationally and
    internationally, as well as with regulatory/supervisory bodies,
    ensuring that the company’s positions regarding financial  
     reporting and supervisory regulations gain maximum support.
  • Responsible for reviewing the content of the financial reports to be
    published by the company and her daughters, in compliance with
    the applicable laws and regulations.
  • Acting as contact for the head office and Business Line management
    regarding technical issues on financial reporting and supervision.
  • Liaising with external auditors and advisors.
  • Advising management on positions to be taken in national and
    international consultative bodies related to financial reporting
    and supervision.
  • Responsible for the timely, accurate and complete representation
    of the company’s principles for financial reporting under IFRS and
    US GAAP in the accounting manuals.
  • Advising business units regarding the accurate and consistent
    implementation of the company’s principles for financial reporting
    and supervision.
  • Providing education and training to  management and business units
    regarding (developments in) the company’s principles for financial
    reporting and supervision.
  • Providing support and advice to other Staff departments with regard
    to accounting/reporting issues.


  • Dutch chartered accountant (RA) or equivalent
    qualification (e.g. CPA)
  • Specialist knowledge of, and broad experience with,
    the financial sector (banking/insurance)
  • Specialist knowledge of, and broad experience with,
    international regulations (IFRS/USGAAP)
  • Advanced communication skills


The shortlist of this vacancy has already been presented. However, it is still possible to respond. If you are interested in this vacancy, we kindly request you to send your application through “Apply”. Please add the following reference number to your application: P 149729.

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