Job vacancy: Analyst (Accountant – Continuing Obligations) within Securities and Markets Supervision
Job code: SMS/034/2020
Public Call Permit: 28/2021
About Securities and Markets Supervision:
The Securities and Markets Supervision section is responsible for supervising investment services licence holders, collective investment schemes, regulated markets, central securities depositories, financial and non-financial entities falling under the scope of EMIR and recognised private collective investment schemes, registered tied agents and recognised administrators. The function is also responsible for the regulation and oversight of activities in capital markets including the processing of applications for admissibility to listing on Regulated Markets, the processing of notifications in terms of the Securitisation Act, the supervision of the continuing obligations of Listed Companies on Regulated Markets in Malta, the supervision of the markets to identify any market abuse and to carry out any appropriate reviews where applicable.
- Review of the Annual and Interim financial reports published by listed entities;
- Examine financial information including annual and interim financial statements and the financial analysis summaries issued by Listed Companies in order to ensure compliance with the requirements of the Listing Rules and ESMA Guidelines on the Enforcement of Financial Information (as applicable);
- Review Company Announcements and provide input in relation to financial information disclosed;
- Draft reports, a compilation of tables, and other documentation as may required;
- Perform focused reviews of financial statements of Listed Companies;
- Correspond with Listed Companies and their auditors on accounting issues, including the application of specific IFRS. The selected candidate may be also involved in on-site compliance visits;
- Maintain internal compliance logs including the financial information calendar and breaches log;
- Carry out work related to EU developments;
- Liaise with other regulatory Units within MFSA;
- Undertake such other tasks as may be directed from time to time by line management.
The ideal candidate must be in possession of a Masters in Accountancy degree or equivalent qualification in the field of the Accountancy profession. The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level. You will also possess a minimum of three (3) years working in the area of financial services. Candidates with longer working experience relevant to the role will be preferred. If you do not have the necessary academic or professional qualifications but you have at least seven (7) years within compliance or an investigative and/or analytical environment, we would still be interested in speaking with you.
You should also have:
How to apply or query further information:
- Methodological approach and have a challenging mind in the application of International Financial Reporting Standards (IFRS) and General Acceptable Accounting Principles;
- Attention to detail;
- Team Player;
- Committed to work and the organisation;
- Well-developed written and verbal communication skills.
Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application.
Other important information:
The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates. It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on the comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at the application stage or otherwise at the preliminary interview should an applicant be selected for such an interview. Details can be obtained by accessing the National Commission for Further and Higher Education website under MQRIC heading. The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage. Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination. Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.
Malta Financial Services Authority:
The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. It was established by law on 23 July 2002 taking over supervisory functions previously carried out by the Central Bank of Malta, the Malta Stock Exchange and the Malta Financial Services Centre. The Authority is a fully autonomous public institution and reports to Parliament on an annual basis.