Financial Reporting Technical Staff member

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EFRAG, Europe’s leading voice in influencing IFRS development and a key actor within the corporate reporting landscape is currently recruiting full-time technical staff (with different levels of experience) for its financial reporting pillar. The role is based at EFRAG’s Brussels office.

The mandate of the financial reporting pillar is to influence IFRS standard setting through EFRAG’s reactive activities and EFRAG’s proactive research agenda and to advise the European Commission on the endorsement of new and amended IFRS standards. Technical staff are expected to be involved across these financial reporting pillar activities.

A career within the EFRAG financial reporting pillar represents a unique opportunity to develop an in-depth knowledge and understanding of IFRS Standards and their practical application by European companies. It is an opportunity to work within a dynamic multicultural and intellectually stimulating environment and to engage directly with the perspectives of multiple stakeholders including auditors, preparers, users, regulators, and EU and global national standard setters including the IASB.

The financial reporting pillar also presents an opportunity to be part of activities where there is an interaction between EFRAG’s traditional financial reporting pillar and its newly established sustainability reporting pillar.

Competencies

The following competencies are expected of EFRAG technical staff:

  • In-depth experience (no less than five years) in either the preparation, assurance, analysis, interpretation or enforcement of IFRS financial statements
  • Prior experience in standard-setting activities is a plus
  • Knowledge of IFRS Standards and the Conceptual Framework
  • Ability to conduct an in-depth analysis of technical conceptual and application issues
  • Excellent English writing skills and strong verbal communication skills including the ability to credibly present and influence the senior experts in EFRAG’s governance bodies
  • Good listening skills, and an ability to take on board and synthesise multiple stakeholder perspectives
  • Good team player and effective collaboration with internal and external stakeholders
  • Effective project management (i.e., project planning and execution) skills
  • Having an European Economic Area nationality (or double nationality)

Responsibilities

  • Actively monitor IASB meetings related to its research, standard setting, and maintenance workplans
  • Monitor IFRS Interpretations Committee meeting discussions and support EU stakeholders participating in these meetings
  • Contribute to EFRAG research agenda through the analysis of gaps in existing accounting requirements on research topics and developing proposals to address these accounting gaps
  • Draft and present issues papers for discussion and decision making at meetings held by the EFRAG Financial Reporting Technical Expert Group and Financial Reporting Board (i.e., the governance bodies) and the various supporting EFRAG working groups
  • Coordinate and support the meetings of the EFRAG governance bodies and EFRAG working groups
  • Draft EFRAG due process documents (i.e., Draft and Final Comment letters, Endorsement Advices, Discussion Papers, and Staff briefings)
  • Conduct and document results of field testing and impact analysis including cost-benefit analysis and the review of current reporting practices
  • Conduct pre- and post-consultation stakeholder outreach activities and write reports on the outcomes of the outreach
  • Support the outreach engagements by EFRAG leadership

Terms

EFRAG welcomes applications for either full-time employment contracts or secondments for two years, Belgium based (a different duration can be discussed).

EFRAG’s employment offer

  • Permanent contract under Belgium law
  • Competitive terms including:
    • Attractive, market-competitive salaries commensurate to the level of expertise and experience,
    • pension plan,
    • extra health insurance,
    • meal vouchers, and allowances
    • teleworking possibilities

For more information, please contact EFRAG CEO, Saskia Slomp at saskia.slomp@efrag.org

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