Join our team as a Profitability Area Manager!

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:

• Maintain Activity Based Costing on monthly basis and propose improvements
• Facilitate and support profitability methodology formulation and development in cooperation with internal stakeholders
• Contribute to indirect income allocation rules set-up and calculation
• Educate and support internal stakeholders in Activity Based Costing and Profitability matters, work closely with Business, Product and Segment owners through whole cycle of implementing cost and income allocations
• Identify and implement Business and Group requirements into financial modelling, analyse financial effects from changes in the organization and service models
• Provide timely input to pricing and business cases, perform regular cost and profitability follow ups according to Business requirements
• Validate regularly input and output data and contribute to continuous quality improvement of the financial figures
• Contribute to team and company performance through effective collaboration
• Provide input for transfer pricing invoicing.

What We Expect:

• Understanding of the banks products
• Understanding accounting and financial reporting processes
• Skills to work with data from warehouses
• Skills to build and maintain reports with MS Excel and Tableau would be considered as an advantage
• Customer service skills
• Thoroughness, accuracy and accountability
• Analytical thinking and ability to make decisions quickly
• Professional Analytical software skills (e.g. SAP PAPM, SAS, IBM, other)
• Higher degree in Economics, Finance, Statistics, IT or Mathematics
• Fluent English is required in spoken and written communication.

What We Offer:

• Flexibility. Flexible working hours, remote work and a 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 challenging work together with good humor and having fun
• More vacation. Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
• Volunteer time off. We care about giving back to society, therefore, you will get additional days off for volunteering purposes
• Paid leave. We are proud of our employees who are participating in military training. Therefore, Luminor offers 30 fully paid calendar days for military training every year
• Health benefits. A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states as well as Health days in case of your absence due to sickness without a doctor's note needed
• Wellbeing. Access to tools and resources that help to feel good and be productive at work and in life
• Professional growth. Internal and external training programs, workshops, conferences, online training etc.
• Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor
• Gross salary.  2980 - 4460 EUR/month, which is to be determined depending on your level of experience and competencies

The application deadline is 7th of October. We are looking for a candidate primarily already located within the Baltics please apply with your CV in English and PDF format!