Expert/Chief Expert, Financial Reporting

Bulgarian Development Bank (BDB) is a distinguished credit institution, wholly owned by the Bulgarian state. Since its establishment in 1999, BDB has been dedicated to supporting small and medium-sized enterprises (SMEs). With a robust credit rating and a stable outlook from Fitch Ratings, BDB holds a prominent position among Bulgarian banks. Uniquely, BDB offers both direct financing and resources through other credit institutions.

At Bulgarian Development Bank we are driven by a clear mission: to provide financing and professional consulting that fuels the industrial growth of the Bulgarian economy. Through our comprehensive financial solutions and expert guidance, we empower businesses to thrive and contribute to the sustainable development of Bulgaria.

We are currently seeking an experienced and accomplished professional for the position of Expert/Chief Expert Financial Reporting.

Your key responsibilities:

• Participation in the process of preparing individual and consolidated financial statements in accordance with IFRS, including the collection, verification, and elimination of intercompany transactions;
• Implementation of IFRS 9 – Financial Instruments, including asset classification, maintenance and improvement of expected credit loss (ECL) models, impairment and provisioning calculations;
• Preparation of reporting for national and European programs/projects, including budgets, interim and final financial reports;
• Participation in the rating process – preparation of reports and templates required by external rating agencies;
• Monitoring and implementation of changes in applicable IFRS standards;
• Participation and collaboration with the Bank’s external auditors during the annual audit of financial and other reports;
• Participation in the optimization and improvement of financial reporting processes and automation of report preparation;
• Development, improvement, alignment, and implementation of internal rules and procedures in the areas of reporting, financial control, and management;
• Participation in the preparation/update of various periodic and ad-hoc reports – ICAAP, ILAAP, Recovery Plan, Restructuring Plan, etc.

Your qualifications and skills:

• Higher education in Accounting, Finance, or Economics;
• Minimum of 2 years of experience in financial reporting or auditing of a financial institution, with a focus on IFRS; experience in a bank will be considered an advantage;
• In-depth knowledge and hands-on experience with IFRS 9;
• Experience in the preparation of consolidated financial statements under IFRS;
• Experience in reporting for national and European programs;
• Experience in working with international external credit rating agencies;
• ERP system skills – an advantage;
• Excellent computer literacy – proficiency in Word and Excel (macros, pivot tables, financial modeling);
• Very good command of English – both written and spoken;
• Strong analytical thinking, attention to detail, and ability to prioritize tasks effectively.

We offer in return:

• Work in a team of proven professionals with high expertise in the banking and regulatory sector;
• Opportunity to participate in significant projects;
• Competitive remuneration and a comprehensive benefits package;
• Opportunities for training, certifications, and career development in the field of accounting standards.

The position is on-site, based in Sofia, Bulgaria. Our office is comfortable and stylish, located in the heart of Sofia.

If you are interested in this exciting opportunity, please send your CV to jobs@bdbank.bg.

Join us at BDB and be at the forefront of advancing our mission to support the growth of the Bulgarian economy.

Confidentiality is guaranteed and the personal data provided will be stored and processed in accordance with legal requirements. Your personal data will be used only for the purposes of selection and will be stored for 6 months after the end of the competition.