Bank of Ireland Hiring for Finance Analyst Job at Dublin , Ireland Full Time

Division Description

The Finance & Accounting Division is made up of a number of core finance teams both at business unit and Group level. We perform a key management and control function in ensuring all Group financial and management reporting processes are appropriately governed. The Finance Division has overall responsibility for driving the Group budgeting and forecasting process, developing Group-focused financial insight and analysis and delivering the Group’s statutory, regulatory and external reporting. We do this through collaborative business partnering in each of the Divisions and with centralised Finance shared / specialist services.

Description of business unit

The Fixed Asset & Property team consists of a team of 4 staff forming part of the Accounting & Information Services (AIS) team in Group Finance. The Fixed Asset team role involves maintaining the tangible and intangible assets for the Group on the core Fixed Asset Register in SAP along with the execution, review, reconciliation, analysis and reporting of asset activities for statutory, regulatory and tax reporting purposes.

Purpose of the Role

The purpose of the role is to maintain the tangible and intangible assets on SAP Fixed Asset Register accurately in line with accounting policy and internal financial control framework. To support the change requests from our customers in Financial Control, Procurement Operations, Property and other business units and to report on fixed asset activities for statutory, regulatory and tax reporting purposes.

Key Accountabilities

• Execute all fixed asset transactions (acquisitions, transfers, disposals, AUC capitalisations, IFRS16 lease transactions, valuations etc.) accurately and promptly

• Monthly reconciliation of depreciation, asset history, asset balance sheet accounts, suspense accounts, sale proceeds and resolve any reconciling differences.

• Preparation of the statutory and regulatory reports for assets with inputs to BCS.

• Completion of VAT sweeps of VAT accounts on behalf of Group Tax in addition to completing bi-monthly and quarterly VAT returns on fixed assets activities.

• Provide support to the AIS Property team deliverables.

• Contribute to the continuous process improvements and update procedures as necessary to reflect change.

What is the opportunity

The Fixed Asset Team role gives you exposure to the Groups’ strategy and capital investment process and its impact on the tangible and intangible assets of the BOI Group while giving you experience in statutory, regulatory and tax & VAT reporting on assets across a broad customer base.

Working at Bank of Ireland doesn’t have to mean working in an office to have an impact. Our commitment to enabling colleagues to thrive means that depending on role type you can have choice and flexibility in where you work and live, subject to your role, customer needs and our requirements. We have a hybrid working model, with home, agile hub and office based options available. We will always list a primary location which can be where you go for in person collaboration, and a location where you can best perform your role.

Please note you must live in the jurisdiction for the business to which you are contracted.

This job can be done anywhere in ROI with the primary office location as Dublin to which travel will be required for in person collaboration. Exact frequency to be agreed with manager.

Essential Skills & Experience

• Part qualified accountant with finance experience

• Analytical, numerical and interpretative skills

• Experience in meeting tight deadlines while not compromising on quality

• Strong computer literacy MS excel essential.

• Desirable Qualifications, Skills & Experience

• Working knowledge of SAP and BCS systems

• Relevant accounting knowledge on balance sheet and P&L.

• Good team player and communicator.