Principal in Finance Control

REQ-10091600
- 12/03/2025
- Finance Control
- Amsterdam, Nederland
- 5.212,06 - 8.387,68- ING Bank

**Your Work Environment**

Group Finance/ Reporting Control Management is the corporate staff department responsible for the Internal Control over Financial Reporting. In this capacity the team is the linking pin between Group Finance and the other corporate departments, local ING entities and shared service centers. This includes maintaining the day-to-day relationship with the local finance control officers and taking the ownership for implementing the requirements leading to a sound internal control over global reporting processes.

This is a dynamic environment as requirements in financial and regulatory environment are continuously increasing. The department supports internal stakeholders within Group Finance by ensuring that the processes, controls and their testing is performed in line with the internal and eternal reporting requirements. Further internal stakeholders are non-financial risk departments, enterprise risk management business representatives, internal and eternal auditors. The RCM team has a dynamic culture, characterized by open, direct and informal communication, with a focus on team work.

**About Group Finance and our department**

Group Finance is the corporate staff department responsible for the eternal financial and regulatory reporting. Based at the Global Headquarters in Amsterdam, the Reporting Control Management team consists of 10 finance control eperts (including the Global Head of Reporting Control Management whom you report to. This team consists of a diverse group of eperts with different nationalities and backgrounds and is part of the broader Policies & Procedures department (which net to the this team, consists of the IFRS policies, ESG Regulatory reporting and Regulatory Policies & Oversight departments).

**Your Role**

As a Principal in Finance Control, you are co-responsible for maintaining an effective framework for identifying and reducing reporting risks as well as increasing control awareness. You are strongly result-oriented professional who continuously looks for ways to drive change/improve and deliver high quality. You have a deep knowledge and eperience and dare to speak out. You are capable to translate a generic strategy into tangible actions, approach issues from a ‘helicopter’ perspective but can also handle issues in detail when necessary. You are independent but also able to work in small teams, sometimes coaching more junior team members or as part of larger (multi-disciplinary) projects and programs.

**The team’s tasks include the following, in which you will play a principal role**:

- Develop, update and maintain the ING guidance on Internal Control over Financial Reporting (such as yearly update of the ITGC/ITAC Framework (including test plans), evaluation of deficiency guidelines and reporting instructions); Coordinate and actively participate in the ICFR/SO
- 404 sign-off process;
- Involvement in the local sign off of countries, (IT-)service organisations, Business Lines and Corporate Departments
- Coordination and evaluation of an ING wide focus area (e.g. IT controls, Loan Loss Provisioning or Disclosures) Communication with internal stakeholders and the e- Help entities with the implementation of internal controls in line with the guidance to ensure a sound control environment, resulting from;
- New accounting standards under IFRS
- controls for the first time
- Identified deficiencies throughout the organization, indication for attention areas where guidance needs to be improved or training should be given
- Lead deep dives into IT control, finance control and accounting matters;
- Virtual and/or ‘on location’ site visits
- Ad hoc requests for deep dives, coming from senior management
- ICFR assessment of errors found in financial reporting and/or controls

Seek opportunities for control optimization that is still SO compliant and leads to a more effective and efficient SO
- environment. Align with other control frameworks as a contributor/advisor to the Enterprise Risk Management environment. Responsible for the quality of documents for the ICFR governance meetings; Open hours, which is a weekly call with all FCOs worldwide where all areas of attention, comments from second line and the e
- ternal auditors are shared. This is based on the involvement in a specific focus area
- Materials for the (bi-)annual evaluation meeting at Group level Materials for the decision making by the SO
- governance Board
- Help entities with the implementation of Control Standards regarding internal controls to ensure a sound reporting environment specifically for regulatory reporting;
- Assisting entities with the implementation of the Process Control Standard on Financial and Regulatory reporting ( FRR) and other Control Standards owned by Group Finance
- Enhancing guidance and evaluation tooling with regard to PCS FRR

Act as the Group Finance e
- pert o