Financial Reporting Specialist
What we do
The International Committee of the Red Cross (ICRC) works worldwide to provide protection and humanitarian assistance to people affected by conflict and armed violence. We take action in response to emergencies and, at the same time, promote respect for international humanitarian law. We are an independent and neutral organization, and our mandate stems essentially from the Geneva Conventions of 1949. We work closely with National Red Cross and Red Crescent Societies and with their International Federation in order to ensure a concerted, rational and rapid humanitarian response to the needs of the victims of armed conflict or any other situation of internal violence. We direct and coordinate the international activities conducted in these situations.
Purpose
The Financial Reporting Specialist is responsible for ensuring accurate and timely financial reporting in compliance with IAS19 standards.
This role involves managing both monthly and annual financial tasks related to employee benefits, pensions, and other post-employment obligations.
The specialist plays a critical role in analyzing financial data, preparing comprehensive reports, and supporting the organization in maintaining transparency and accountability in its financial statements.
Accountabilities & functional responsibilities
Financial Reporting Specialist on IAS 19 (70%)
- Review and update country mapping of all plans, identify changes and impacts on accounting balances.
- Identify and study new plans to determine whether they are defined benefit plans.
- Contribute to the main IAS19 workpapers: Scope. Assumptions, Coverage rates, Simplifications, Market valuation indicators.
- Ensure IAS19 disclosures are complete and correct in the consolidated financial statements. Propose disclosure improvements and edits.
- Split IAS19 movements for each plan for Cash Flow statements
- Document IAS19 impact on PNL, Balance Sheet, and reserves in the Governance booklet.
- Contribute to closing calendar for IAS19 tasks and coordinate the process with Aon, KPMG, Pension fund team, IRSP team, IQ delegations so that it runs smoothly
- Update all flowcharts, Risk/Control Matrices and SOP re IAS19
- Share IAS19 workpapers with KPMG
With AON
- Manage contracts with Aon and selected market valuation bidder using ICRC procurement templates.
- Ensure PF and IRSP teams send complete data to Aon Switzerland on schedule.
- Coordinate with Iraq delegation for timely data submission to Aon Cyprus.
- Review and reconcile reports from Aon Switzerland and Cyprus (PP, IRSP, IQ) to inputs data.
- Analyze the reconciliation of PP, IRSP; IQ Defined Benefit Obligation (DBO) to determine which actuarial entry to post. Prepare and post actuarial adjustments.
- Obtain and review the "Aon input table," ensuring completeness and accuracy of data.
- Review and reconcile the market valuation report. Document the rationale when there is no market valuation.
Other plans managed directly by the ICRC:
- Review and post quarterly & annual accruals for the mandatory gratuity benefits of 8+1 IRSP delegations.
- Reconcile opening balance to closing balance for gratuity and EoS by delegations, BU and nature, or review the reconciliation.
- Review and post monthly IRSP provision. Reconcile current account between IRSP books and ICRC books.
- Document the DB/DC study of local plans each year.
- Identifies inconsistencies in the setup of post-employment accounts in Strategic handbook and proposes solutions to the Applications Manager
Additional Duties
As CTR General Accounting Specialist (30%)
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- Participates in annual and monthly closing activities and is responsible for part of them, when applicable.
- Prepares and posts accounting entries in the accounting software.
- Performs integrity checks of accounting entries and account balances.
- Ensures accuracy and completeness of accounting transactions in accordance with financial procedures.
- Ensures maintenance of sound accounting documentation to meet external and internal audit requirements.
- Provides support to other departments and responds to semi-routine and non-standard inquiries when necessary.
- Identifies anomalies or other issues and proposes solutions to his/her supervisor.
Our values
- At the ICRC, we value impact, collaboration, respect, and compassion. We seek candidates who demonstrate behaviors based on these shared values. For more information on the ICRC values, please visit this page.
Reports to (role)
- Head of Costing & Reporting, Head of Financial Planning & Analysis, FAD Applications Manager (MSSC) or Finance Business Analyst 3
People management responsibilities
No
Scope & impact
- Geographic remit: global.
Relationships
- Internally, interacts and works closely with the FSS teams and other stakeholders in financial processes at headquarters, and in the field on accounting matters.
- Externally, interacts with AoN and external auditors.
Certifications / Education required
- Bachelor's degree.
- Fluent command of English; French an asset.
- Computer proficiency, e.g. in Microsoft Excel, VBA, Structured Query Language (SQL), Tableau.
Professional experience required
- Certified Public Accountant (CPA)
- 3–5 years of experience in financial reporting, accounting, or audit
- Knowledge of IFRS/IAS standards (exposure to IAS 19 or employee benefits accounting is a strong asset)
- Experience in monthly/year-end closing, reconciliations, and audit support
- Strong analytical skills with high attention to detail and accuracy
- Proficiency in Excel and familiarity with accounting/ERP systems
Title: Financial Reporting Specialist
How to Apply?
Before applying, make sure to read the pre requisites