Risk & Control, Sr. Manager in Schiphol at Lumileds

Date Posted: 11/29/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Schiphol
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/29/2020

Job Description

Position title: Senior Manager Risk & Control (f/m)

Work location: Amsterdam, Netherlands

Your team: You will be part of the Global Accounting Operations, Reporting & Control (AORC) organization.

You will have a primary reporting line to the Global Head of Accounting & Internal Control based in the Lumileds Headquarters in Amsterdam, the Netherlands.

You will have a close working relationship with your AORC colleagues in Amsterdam, as well as the other regional Accounting experts, Technical Accounting, Internal Audit, Country/Business Controllers, Accounting Operations teams in Pabianice-Poland, Penang-Malaysia, and other Finance functions.

After Lumileds’ disentanglement from Royal Philips, the AORC organization has been evolving and adapting to meet the required standards for a standalone company in relation to Accounting compliance; consolidation and reporting; statutory regulations; external audit readiness; strengthening the internal control framework, amongst other areas.

Your challenge:

One of the main objectives of the Global Accounting Operations, Reporting & Control (AORC) organization is to secure a high-quality standard in accounting and reporting within Lumileds, in compliance with IFRS.

In this role, you are expected to lead this journey by:

  • Leading the Internal Control continuous improvement program across the Finance organizations thereby supporting management in running efficient and effective operations
  • Identifying and providing solutions in mitigating risks by mapping business and financial processes, identifying and assessing their risks and setting the appropriate controls
  • Ensuring internal controls and accounting policy adherence, standardization and harmonization
  • Contributing to a streamlined accounting and reporting processes ensuring compliance to Internal Controls Standards (ICS), Lumileds accounting practice and IFRS
  • Leading the redesign (and implementation) of the Internal Control framework
  • Liaise with Internal Audit to identify areas of risk and improve the self-assessment process to improve controls and mitigate risks.
  • Providing compliance guidance and support (training, maintaining internal controls instructions and guidance
  • Report and document the IC Compliance process via self-assessment tool (eGRC)

Your responsibilities:

  • Coordinate a process to assess, cascade and discuss control deficiencies.
  • Interact and work collaboratively with the regional Accounting Experts and country/business controllers to understand the business developments and identify related finance process and control areas for improvement.
  • Develop training materials to coach teams and individuals in understanding and implementing their improvement challenges.  Train the organizations to better understand the IC framework and improve the self-assessment cycle.
  • Perform an “as-is” analysis of the Internal Control framework, identify gaps and lead the redesign of the new control environment.
  • Prepare quarterly and yearly reports on the estate of IC by Business Unit and company overall.
  • Assist during the IC inspections by Internal Audit and External Auditors.
  • Enable a solid local Internal Control Framework as a basis for high quality reporting and compliance

We are looking for:

  • To qualify, you are expected to have an academic background in accounting with relevant professional qualification. Registered Accountant / Chartered Accountant, CPA or equivalent is a plus.  Certified Internal Auditor is a plus.
  • Extensive experience (7+ years) in financial reporting and auditor role (Big 4 background is a plus)
  • Experience with processes in an international, heavily matrixed environment.
  • Experienced in project management, finance function analysis and business case development. Six Sigma experience and working knowledge of lean process improvement methods is a plus.
  • In-depth knowledge and experience in internal controls and SOx compliance
  • Experienced in managing sensitive information in business environment
  • Ability to host/(co)develop training courses and to communicate complex matters in a simple manner.
  • Excellent analytical, interpersonal and communication skills
  • IT affinity necessary (SAP, MS Office and advanced Excel, Internal Control Software, SharePoint environment)
  • Team player with ability to work under high pressure still meeting deadlines
  • Your way of working is characterized by a high level of accuracy and you are fluent in English

What we offer:

  • Competitive compensation & benefits package
  • Excellent opportunities for professional growth in a dynamic environment


Employment type: Full-time permanent contract