- You would like to contribute to a well-functioning financial market in Belgium and to enhanced public confidence in securities markets
- You are interested in financial reporting
- You are a team player but also enjoy carrying out research independently
Then come and join the FSMA!
- To make well-informed investment decisions, investors need reliable and accurate data on companies. If a company fails to comply with its disclosure obligations to the public, the FSMA may take action against it. The FSMA further contributes indirectly to improving the quality of financial information (by publishing recommendations, participating in (international) consultative bodies, etc.).
WHAT DOES YOUR JOB ENTAIL?
- Together with the other employees in the department, you will be responsible for supervising the information disseminated by companies listed on Euronext Brussels (consolidated financial statements, semi-annual financial reports, financial information published in IPO and takeover prospectuses).
- You will analyze the operations of listed companies and the way in which they are reflected in their accounts.
- You will verify whether investors receive appropriate information about these companies’ results, cash flows, positions and significant transactions.
- You will examine whether published accounts or information gathered from the company and its statutory auditor reveal infringements of IFRS standards. You will discuss the information provided and the rules applied with the company and its statutory auditor. You will listen open-mindedly to the arguments put forward.
- In case of infringements, you will make proposals of appropriate measures to the FSMA Management Committee.
- You will prepare the consultations to be held by the FSMA within ESMA with its fellow European regulators on the consistent application of IFRS standards and participate in discussions with foreign colleagues.
- You will participate in the ex ante examination of the contents of prospectuses to be published when a public offer is made, giving special attention to financial information.
- You will regularly consult with your colleagues on the application and (potential) violations of IFRS standards and the best approach to improving financial information.
- You will conduct thematic accounting reviews at different companies. On the basis of their results, you will make proposals to the FSMA Management Committee of recommendations to listed companies for improving financial information.
- You will evaluate the valuations in takeover prospectuses, looking at their methodological completeness and internal consistency, and you will verify whether appropriate information is provided.
WHAT KNOWLEDGE, EXPERIENCE AND SKILLS DO YOU BRING?
- A Master’s degree in Applied Economic Sciences, Commercial and Financial Sciences or Business Engineering. Specialization in IFRS standards or financial analysis is a plus.
- or
- a Master’s degree in Law. Additional financial specialization (in financial analysis/ IFRS standards) is an asset.
- A minimum of 5 years’ relevant experience (in audit, consulting, in a finance department within a company, as a financial analyst, as a researcher). Longer experience will definitely be appreciated.
- Familiarity with IFRS standards and preferably also with valuation techniques for companies and commonly used financial instruments (or willingness to acquire knowledge of such techniques).
- Ability to liaise and negotiate with the management of supervised companies.
- Analytical skills and a capacity for synthesis, combined with a capacity for accuracy.
- Critical thinking skills and an appetite for self-learning. Motivated by the opportunity to keep abreast of an ever-changing field and to conduct in-depth research.
- Fluent written and verbal communication.
- Good command of French, Dutch and English.
- Good knowledge of the commonly used Microsoft Office applications (Outlook, Word, Excel, etc.).
WHAT DO WE OFFER YOU?
- A full-time job with a permanent contract.
- The chance to do your bit for consumer protection.
- A competitive salary package with many fringe benefits (e.g. group and hospitalization insurance, full reimbursement of commuting costs, budget-friendly company dining room, contribution to your mobile phone and internet subscriptions, additional non-statutory holidays, bank holidays, etc.).
- A wide range of opportunities for learning and development.
- Flexible working hours.
- Good work/life balance (possibility of teleworking a few days a week).
- Opportunities for internal mobility.
- Easy to reach location in central Brussels.
Each member of the FSMA staff is subject to a strict code of ethics and is bound by the obligation of professional secrecy.
