Budget Lead

Job Description

Division: Fidra

Our Mission is to support the whole Euroclear Group. This is covered by a range of services we provide to Euroclear Group entities for which our expertise and experience are used to fulfil our mission to the highest standards.

The role

This role is a Budget Lead role and the expectation is the ownership of the end-to-end budgeting/forecasting processes from data collection to result presentation and reporting for monthly budgeting accuracy purposes

Job Description

Within Financial Data Reporting & Analysis (FIDRA), you will support Euroclear Group entities in:

• Translating the business strategy into operational plans, hence setting the budget baseline for each department in line with their specific needs and constraints;
• Reporting the overall performance of each business domain, identifying potential risks & opportunities related to a combination of financial strength, human capital and operational efficiency;
• Advising business owners about actions required to meet the company’s objectives through simulations and forward-looking views

The role

• Drive the budgeting and forecasting cycles by collecting the needs from the business and align the bottom-up views with the top-down views of Management to derive agreed upon budget/forecast
• Set-up a planning & coordination for the forecast & budget exercises within the team
• Translate the business strategy into operational plans, hence setting the budget baseline for all departments in line with their specific needs and constraints
• Monthly closing activities: analysing monthly variances between actual and planned expenses, working closely with business owners
• Organize meeting to collect information, solve issue, organize your activity trans department
• Story telling approach, able to combine and present different source of data in a comprehensive way by all stakeholders
• Prepare and present monthly meeting on actuals vs budget/forecast to business owners and monitor the monthly spending to ensure it remains within the forecast & budget baselines
• Participate in the Finance Chargeback service review and allocation flow
• Deliver high quality data analyses and reporting, identify, communicate and solve complex issues
• Supporting on key projects or initiative
• Propose and drive improvements to systems and methods of work and analysis, and contributes to ensuring that they are continuously adapted to business requirements
• Develop and maintain financial models that support forecasting and budgeting processes
• Build management presentations, which contain the required information to support the business decision-taking process
• Look for productivity gains thanks to further automation of the reporting (integration in PowerBI)
• Adapt current reporting to better match our clients’ needs (new views, additional info)
• Transform and industrialize some pilot reports in collaboration with the clients and the data owners

Your profile :

• Experience in a professional environment in a similar role
• Finance, Economics or Accounting degree
• Very good analytical skills
• Proficiency in Excel (formulas, pivot table, VBA) & other MS Office applications
• Knowledge of PowerBI
• Rigorous and able to translate financial data into business insightful management messages
• Very good knowledge of English both written and verbal
• Pro-active attitude, initiative taker, good communicator
• Team player as well as able to work independently
• Client–mindset & stakeholder management skills
• Excellent organizational and communication skills
• Knowledge of project accounting and capitalization/depreciation principles is a plus
• Understanding of costing mechanisms (Cost+, activity-based costing, chargeback mechanism) is an asset
• Experience in Budgeting & Financial Management Reporting as expertise domain is a plus
• Continuous improvement mindset

About Us

Why join us

Embark on your new adventure at Euroclear, and work at the heart of the global capital markets. We connect over 2,000 financial institutions across the globe. As an open and resilient infrastructure, we contribute to the stability of the financial markets. We help clients cut through complexity, lower costs, and mitigate risks of financial transactions. At Euroclear, we have the clear ambition to use our key role to facilitate and accelerate a sustainable global financial system.

What We Offer:

• Work closely with inspiring, supportive and engaged colleagues from more than 80 different countries.
• Practice your talents in a highly professional international environment.
• Join a learning and development environment with an emphasis on knowledge sharing and training.
• Competitive salary and comprehensive benefits.

New ways of working

Find your own optimal balance within our hybrid working model, where you can connect at the office and also benefit from remote working.

Great Place to Work for All

We are committed to creating an inclusive culture that celebrates diversity and strives to be a Great Place to Work for All. All qualified applicants will be considered for employment, regardless of any aspect that makes them unique (including race, religion, national origin, gender, sexual orientation, age, marital status, pregnancy, disability, ...). If you need any specific accommodation due to disability or any other reason, you can let the recruiter know during your application process.

About the Team

The two area's of the Financial Division include the Finance Services and Facilities Management.

Our Mission is to support the whole Euroclear Group.

This covers: Facilities from Buildings & Equipments to Employee Services, Purchases from Supply Needs to Payments, Accounting from Invoices to Consolidation, Reporting from Businesses to Regulators, Advisory from Cost Center to Board and Corporate Finance from Taxes & Insurances to Treasury.