EIB Trainee–Chief Financial Controller–Corporate Financial Planning and Control Department–Corporate Accounting & Reporting Division–Transaction Processing & Reconciliations Unit–based in Luxembourg

This position is based at our Luxembourg headquarters and require regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment.

The EIB, the European Union's bank, is seeking to recruit for its Chief Financial Controller Directorate (CFC) – Corporate Financial Planning and Control (CFPC) – Corporate Accounting and Reporting Division (CAR) – Transaction Processing and Reconciliations Unit (TPR), at its headquarters in Luxembourg: TRAINEE

Duration: 5 months (fixed start date: 1st March/April 2025)

(With possible extension up to 6 months if required by University)

Please note that, as marked on our Webpage, only applications from nationals of the Member States of the European Union, as well as citizens from countries that have been officially granted candidate status to join the EU, can be considered (Albania, Bosnia and Herzegovina, Georgia, Moldova, Montenegro, North Macedonia, Serbia, Turkey and Ukraine).

Please note that applications from students under the Erasmus+ programme cannot be considered.

Please note that you are requested to limit your applications to a maximum of three traineeship publications. We will only consider and retain the first three applications submitted.

Objective of the traineeship

The objective of the traineeship is to immerse the trainee in the core operations of the Transactional Processing and Reconciliation (TPR) Unit, focusing on process improvement and optimization.

The trainee will support the adjustment and fine-tuning of efficiency projects in Accounts Payable, Travel Expenses, and VAT invoicing, ensuring the highest standards of accuracy and operational excellence.

This experience is designed to sharpen the trainee’s analytical skills, foster a deep understanding of financial processes, and build their capacity to contribute to strategic objectives. Ultimately, the traineeship aims to equip the trainee with practical skills and insights that will serve as a strong foundation for a successful career in the finance industry.

Responsibilities

Your main responsibilities will be:

• Support Process Optimization: Assist in the analysis and adjustment of ongoing efficiency improvement projects within Accounts Payable, Travel Expenses, and VAT invoicing to enhance overall operational effectiveness.
• Quality Assurance: Help ensure the accuracy of financial records through cross-verification and reconciliation, maintaining high standards of data integrity during project refinement phases.
• Collaboration with Stakeholders: Work closely with internal stakeholders across various departments to support the smooth implementation of adjustments and project refinements, ensuring clear communication and alignment.
• Ad-hoc Support: Provide general support to the Transactional Processing and Reconciliation Unit as needed, contributing to special projects and team initiatives.
  
  

Academic Qualifications And Professional Skills

• Final year of studies or University degree in Finance, Audit, Business Management with a finance/accounting background.
• Strong attention to detail and accuracy
• Good knowledge of general accounting principles.
• Excellent knowledge of standard Microsoft Office tools (Word, Excel and Power Point);
• Willingness to learn and take on new challenges
• Analytical Skills: Strong ability to analyze and interpret financial data, identify discrepancies, and propose solutions.
• Attention to Detail: Demonstrated accuracy and precision in handling financial records and data reconciliation.
• Communication Skills: Excellent written and verbal communication skills, with the ability to convey financial information clearly to both financial and non-financial stakeholders.
• Problem-Solving: Proactive in identifying issues and contributing to process improvement initiatives.
• Team Player: Ability to work effectively within a team environment, demonstrating collaboration and adaptability.
• Organizational Skills: Strong time management skills, with the ability to handle multiple tasks and meet deadlines in a fast-paced environment.
• Eagerness to Learn: A genuine interest in financial operations and a willingness to learn about banking processes and automation tools.
• Technical Proficiency: Familiarity with Microsoft Office Suite, especially Excel, and experience with financial software or ERP systems is a plus.
• Excellent knowledge of written and spoken English. Knowledge of other EU languages would be an advantage.
  
  

Competencies

Find out more about EIB core competencies here

By applying for this position you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorized disclosure of any information or any damage to the EIB Group reputation.

We are an equal opportunities employer, who believes that diversity is good for our people and our business. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation/identity, disability or neurodiversity.

Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Traineeship Recruitment team [email protected] who will ensure that your request is handled.

Your Application May Be Used For Another Campaign.

Please note that deadline for application is on the 27th November 2024.

More information on our EIB Traineeship Programme and Provisions for In-service training can be consulted on our EIB website; https://www.eib.org/en/about/careers/categories/traineeship-and-graduate.htm