Deputy Chief Accountant

Our client is a well-established bank operating in the Bulgarian financial sector, offering a broad range of corporate banking services. The institution places strong emphasis on regulatory compliance, financial integrity, and operational excellence, and maintains a robust internal control environment in line with national and European banking standards.

As part of the continued strengthening of its Finance function, the bank is looking for an experienced Deputy Chief Accountant to join the team.

About the role:

The Deputy Chief Accountant supports the Chief Accountant in the overall management of the bank’s accounting function, ensuring the accuracy, completeness, and timeliness of financial and regulatory reporting. The role combines strong technical accounting expertise with regulatory knowledge of the banking sector, working closely with Finance, Risk, Compliance, and external auditors and regulators to safeguard the integrity of the bank’s financial statements and ensure full compliance with applicable accounting and regulatory requirements.

The Role:

Financial & Regulatory Reporting

• Support the preparation and review of the bank’s statutory and management financial statements in accordance with International Financial Reporting Standards (IFRS) and applicable national regulations.
• Ensure the timely and accurate submission of regulatory reports to the Bulgarian National Bank and other relevant authorities.
• Oversee the monthly, quarterly, and annual closing processes, including reconciliations, accruals, and provisions.
• Monitor changes in accounting standards and banking regulation and assess their impact on the bank’s reporting practices.

Accounting Operations & Internal Controls

• Review and approve general ledger entries, account reconciliations, and supporting documentation prepared by the accounting team.
• Maintain and strengthen internal control procedures and accounting policies to ensure accuracy and compliance.
• Coordinate the correct accounting treatment of new products, transactions, and business initiatives in cooperation with other departments.
• Support the management of fixed assets, accruals, provisions, and other balance sheet items.

Audit & Compliance

• Act as a key point of contact for external auditors, internal audit, and regulatory examiners during reviews and inspections.
• Coordinate the timely resolution of audit findings and the implementation of recommended corrective actions.
• Ensure full compliance with tax obligations and coordinate related reporting and filings.

Team Management & Process Improvement

• Supervise, support, and develop members of the accounting team, providing guidance and reviewing their work.
• Deputize for the Chief Accountant in their absence across day-to-day accounting and reporting matters.
• Identify opportunities to improve the efficiency, automation, and quality of accounting processes and reporting.

Required Skills & Experience

• Bachelor’s or Master’s degree in Accounting, Finance, or a related field.
• Minimum 5 years of progressive accounting experience within a bank or other financial institution.
• Strong knowledge of International Financial Reporting Standards (IFRS) and Bulgarian banking regulatory reporting requirements.
• Proven experience in financial statement preparation, reconciliations, and closing processes.
• Strong analytical skills with high attention to detail and accuracy.
• Fluent in English and Bulgarian.
• Prior experience supervising or mentoring an accounting team.
• Experience with core banking and accounting systems.

Personality:

• High level of integrity, discretion, and professional ethics.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Proactive and solutions-oriented approach.
• Strong communication skills and ability to collaborate effectively across departments.

The company offers:

• Competitive remuneration package.
• Stable and reputable employer within the banking sector.
• Opportunities for professional development and career growth.
• Additional health insurance and other employee benefits.