Context & Background
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 that is delivered to Group Management (CEO, CFO and Board of Directors) and to external parties (mostly shareholders, analysts, auditors, and supervisors). This department is reporting to the Group CFO of AXA.
PBRC is the owner of all major Group Finance processes and responsible for the analysis and monitoring of IFRS and Solvency 2 actual accounts, and to produce the Universal registration document and SFCR. PBRC is also the owner of the accounting policy and definition of the main Group KPI.
Within PBRC, the Group Consolidation team oversees the preparation of the Group 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, consolidate, and validate the information from entities. The Group Consolidation team has interactions 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 supervisor.
The Group Consolidation team is made of Controllers based in Madrid under the supervision of the Head of Consolidation team. Each controller oversees some specific transversal topics and is the key contact point of contact for some entities. This requires an effective relationship with entities and strong interactions with the other Group teams.
General mission
The mission 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:
Participate to the IFRS closings and projects:
* Preparing work files for the analysis and the controls of the reporting, using Group’s consolidation tool and Excel.
* Participate in the analysis of the balance sheet or other subject matter, run the reconciliation of intercompany operations.
* Interact with other Group departments, allocated Group Entities, provide support and assistance, answer questions; ensure that the entity understand and applies Group instructions; improve the quality, timeliness, and efficiency of the entity submissions.
Participate to the quarterly / annual Solvency 2 Pillar 3 closing and projects:
* Analyze and validated, challenge consolidated information reported by subsidiaries for Solvency 2 reporting templates (QRTs).
* Prepare the Group synthesis taking in charge some subject matter covered.
* Participate to the review of the S2P3 reportings.
Profile
Final semesters/recent graduate/postgraduate in engineering school or business school
Technical skills required:
* Good knowledge of Office tools, specifically Excel
* Fluent English is mandatory
* Basic knowledge of accounting, IFRS or Solvency 2
* Basic knowledge of financial market instruments
Soft skills required:
* Autonomy and initiative
* Organized and rigorous
* Good inter-personal skills and team spirit
* Ability to work in international environment