- Function title: Financial Analyst
- Reference: NOC-CF-2024-AD/771
- Location: Brussels
- The selected candidate must reside either at this location or within a reasonable proximity that allows for the satisfactory execution of their duties. - Information about living in Brussels
- Nature of competition: Internal and external competition
- Applicable regulations: Staff regulations governing officials of the EUROCONTROL Agency
- Type of post: Administrator
- Job level: AD6-AD9 - Check salary simulations for the basic grade
- Generic job title: Expert
- Number of posts: 1
- Duration of appointment: 5 Year(s) - extension or conversion of the contract is possible – see “Useful information” section
- Security clearance: Security vetting may be required in accordance with the relevant EUROCONTROL security policies
- Directorate/Service: CF/FPA - Financial Planning and Analysis Unit
- Working arrangement: Hybrid work (A blend of onsite and remote work). Please note that EUROCONTROL does not offer full-time remote working arrangements.
- Competition publication date: 28/03/2024
- Competition closing date: 25/04/2024 (23:59 Brussels time)
- Reserve list: Applicable - See details in the "Useful information" section
Your team
Within the Directorate Central Route Charges Office and Finance, The Financial Planning & Analysis Unit is responsible for supervising, monitoring and controlling the execution of the OPEX and CAPEX budgets, for developing and maintaining business partner relationships of a financial or economical nature throughout the Agency. The Unit manages the capital expenditure of all CAPEX projects.
Your role
Your role will be to:
- Produce and further improve the monthly financial reporting package (forecast of Agency’s costs, financial predictions including trends and evolution of costs) for senior management.
- Identify inconsistencies in financial and reporting processes, propose solutions to fix these and monitor the implementation of corrective actions.
- Provide advice and recommendations in field of expertise, and develop financial business cases / models for major projects and produce cost benefit analysis.
- Provide risk and sensitivity analysis for contingency planning purposes and a structured pipeline of insightful analytics that anticipate change and drive decision-making.
- Support financial evaluation of capital expenditures, technical programs, and/or other business development projects.
- Ensure that BI tools/reports are designed, developed, and leveraged in such a way that optimises value to the financial activities and business areas.
- Collaborate effectively with internal financial teams on activities and with the various business areas to understand sources of potential financial issues and fix these.
- Keep abreast on best practises and technologies in field of expertise to leverage all possible opportunities, e.g. reporting, analysis, process improvements, systems use, etc.
- Lead and/or contribute to ad-hoc analysis and participate to meetings, studies, etc as needed.
- Carry out any other task in line with the main purpose of the job.
Required qualifications, experience & competencies
- University degree of at least 4 years in a relevant domain plus 3 years of relevant professional experience (e.g. Finance, Business Administration, etc) or university degree of 3 years in a relevant domain plus 4 years of relevant working experience.
- Internal candidates should go to page check on the intranet to see what level of in-house experience is considered equivalent to educational qualifications where appropriate.
- Experience in financial planning and analysis.
- Experience in financial & management reporting.
- Experience with Oracle, Hyperion or any other budget planning and execution ERP.
- Proficiency in Microsoft Excel.
- Financial modelling skills.
- IT literate, comfortable operating and learning new systems, in particular Power BI or other Business Intelligence tool.
- Communication: You are able to foster two-way communication.
- Teamwork: You foster teamwork.
- Planning and organising: You know how to plan ahead and adapt as required.
- Quality focus: You set and foster high quality standards.
- Result focus: You seek to improve personal performance.
- Ability to work in a multinational and multicultural environment.
- Professional conduct in line with the corporate behaviours of the Agency, i.e. result-driven, readiness to change, customer focus, integrity and team-player approach.
- The working languages of the Agency are English and French. For this particular job, candidates must be proficient users of English at level C1/C2. The selected candidate will have to acquire at least a basic knowledge of French at level A1/A2 before the end of the probation period. Knowledge of French at recruitment will be an asset.
The levels relate to the European-framework-reference Common European Framework of References for languages (CEFR).
Useful information
- Applications will be accepted from nationals of EUROCONTROL Member States only.
- The selected candidate will be offered a contract of 5 Year (s) pursuant to the provisions of the Staff Regulations governing officials at EUROCONTROL. The contract may be renewed up to a maximum of 9 years or converted into an undetermined contract. Before being established in the post, the selected candidate will be requested to provide certified copies of their degrees and successfully serve a probationary period of 9 months.
- Internal candidates
If selected, the person will keep their current type of appointment duration (undetermined or determined).
The internal staff member with a determined contract will be offered, in principle, an appointment for 5 Year(s) with a maximum total duration of 9 years. - The successful candidate shall be appointed at the grade set out in this vacancy notice, or if a group of grades has been published for a job level, in principle at the basic grade of the published job level.
- In case of reserve list: Suitable candidates, however not selected to fill the post, will be placed on a reserve list for similar functions. The period of validity of reserve list is 1 year from the closing date of applications .
- Information on salary and benefits can be found on our Careers site
- EUROCONTROL is an equal opportunities employer. We are committed to equality and diversity. In the event of equal merit, preference may be given to the applicant from the under-represented diversity characteristics in order to complement diversity of teams and rebalance the workforce.
- Candidates should go to our Careers site and read the tips on how to apply.