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Join our team as a Head of Group in Financial Planning & Analysis Unit!
Yes, you can! That's our attitude towards our work, ambitions, ideas, and relationships. We at Luminor believe that anyone has the potential to achieve big things and encourage everyone to achieve them, professionally and personally.
Whoever you are and whatever your role is, with Luminor, you will get a once-in-a-lifetime opportunity to build a local banking champion.
What You Will Do:
- Ensure following procedures and deliveries are in place: - Group Financial Plan, - Quarterly Group Forecasts, - Target cascading, - Budget transfers, - Monthly Performance report, - Quarterly Peer benchmarking
- Ownership of Central Financial Planning tool
- Creation and Maintenance of annual Finance Calendar, aligned with all stakeholders
- Coordination of central finance tasks – ECB data requests, insights on group level to shareholder and etc.
- Support to Head of Performance Management – acting as Deputy of Department, participation in different committees as delegated
- Support to CEO and CFO with financial inputs for strategy review, strategic initiatives, and for other ad hoc requests
- Outputs to Financial Risk management (ICAAP, RAF, Recovery plan)
- Contribution to the development of strong management team (In PM and CFO area) and effective collaboration with other Luminor teams such as Risk, Technology, Business areas and external stakeholders.
Leadership tasks and responsibilities:
- Define and clarify the expectations and responsibilities of subordinates roles and ensure the understanding how they align with teams and Luminor s strategic goals and values.
- Empower subordinates to define their own measurable objectives that are consistent with the teams and Luminor s vision and ensure that subordinates prioritize and execute their tasks effectively
- Enable subordinates to deal effectively with their responsibilities, delegate the necessary authority in line with employee performance and seniority, bring high energy to support, follow up-on work.
- Foster the growth and potential of subordinates: deliver timely and constructive feedback on results, leverage regular 1:1 session as coaching opportunity, guide through inquiry and ensure that learning activities are prioritized
- Select the right talent to the right roles, take care of successful onboarding, wellbeing of team and manage underperformance timely. Ensure that relevant succession and development plans are in place, recommend promoting people with further potential
- Promote and execute a risk culture in the team that addresses risk awareness and risk-taking behavior, convey the messages from the Management Board to the team, ensure training of team on risk management, support the team in risk identification, assessment, and mitigation activities, and escalate risk-related issues.
What We Expect:
- 3+ years manager experience
- Banking experience or experience in big finance companies (e.g. big 4) is an advantage
- Experienced within financial planning processes and modelling
- Good understanding of ICAAP processes and Treasury activities would be considered as advantage
- Finance reporting and planning
- Budget management skills
- Coaching and people development
- Cross functional and cross border cooperation skills
- Strong commercial mindset
- Thoroughness, accuracy, and accountability
- Strong communicator who can handle various stakeholders (team, management board, shareholders
- Dedicated to creating high performing teams
- Ability to make decisions quickly and time planning skills
- Presentation skills and impact
- Decision making ability
- Higher - any degree in Finance, Business Management
- Fluent English is required in spoken and written communication due to working on the Pan-Baltic level
What We Offer:
- Flexibility. Flexible working hours, Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
- International teams. Teams that go outside Pan-Baltic borders, where people value...
Location
- Vilnius, Vilniaus apskritis, Lithuania
- Remote work opportunity
Konstitucijos pr. 21a, 09306 Vilnius, Lithuania
Time of work
- Full-time
Jovita Kavaliūnaitė
Luminor is the leading independent bank in the Baltics and the third-largest provider of financial services in our region. We serve the financial needs of individuals, families, and companies. Just like our home markets of Estonia, Latvia, and Lithuania we are young, dynamic, and forward looking.
Luminor has a strong and capable team that is committed to achieving our strategic objectives. We are dedicated to supporting sustainable growth in the Baltic region by providing a long-term commitment to businesses and individuals.