The Accounting & Regulatory Finance Manager is responsible for the financial governance of the legal entities
JOB DETAILS / ROLE PURPOSE
The Accounting & Regulatory Finance Manager is responsible for the financial governance of the legal entities they are accountable for.
The ultimate goal of this role is to:
•Ensure the quality of financial reporting’s & quality of reported results, being accountable for their compliance with tax and accounting internal and external regulations & guidelines,
•Manage the communication and explanation of the financial reporting’s (together with P&C team) to internal & external stakeholders, e.g. Local and regional senior management, local tax authority and regulators, external auditors.
The Accounting & Regulatory Finance Manager is a senior financial expert, who ensures that all outputs are fair, accurate and complete and acts as a counterparty for financial matters with Stakeholders where it could be reasonably expected under their respective duties.
The Accounting & Regulatory Finance Manager acts with care and exercises prudent judgment in ensuring the mitigation of risks under tax and accounting principles.
The Accounting & Regulatory Finance Manager shows elevated analytical skills, communicates effectively in a plain and comprehensive manner.
KEY RESPONSIBILITIES
The Accounting & Regulatory Finance Manager is able to work efficiently and collaboratively in a global environment, being flexible and innovative in finding solutions and actively participating in the development of practices and processes with the ultimate goal of respecting accounting and tax rules and deadlines.
The Accounting & Regulatory Finance Manager, reporting to the Regional Head of Accounting & Regulatory Finance Manager, is accountable for the financial disclosures of the legal entities in their scope, acting in compliance with respect to Environmental, social, and corporate principles established by the group:
•Ensure that all periodic financial reporting (monthly, quarterly and yearly) are timely disclosed in accordance with group internal deadlines and regulatory requirements, under accounting, tax and legal requirements.
•Ensure the consistency and appropriateness in accounting methods and the respect of accounting requirements across the Finance Factory, leading compliance with the business’s internal corporate and finance rules book.
•Perform financial analysis with the ultimate aim to ensure quality and reliability of financial reports:
oMonitor the balance sheet accounts and ensure that proper and correct reconciliation have been implemented by Finance Factory, to provide a reliable situation of the financial statements.
oMonitor periodically the profit and loss accounts and ensure that proper and correct bookkeeping have been implemented by Finance Factory, to provide a reliable situation of the financial statements and of the profitability of the legal companies under responsibility.
oSupport Finance Factory in order to ensure a correct and timely delivery of tax submissions, escalating in case of risks for the company that require mitigation actions and playing a role in coordinating ad hoc tax audits
•Coordinate external audits and ensure inputs are timely and with accuracy delivered
•Ensure a timely and proper execution of internal audits & closure of related findings, developing relevant controls, rules and guidelines to enhance governance and mitigate risks,
•Encourage and facilitate communication with other teams, with focus on the collaboration with team members of Finance Factory, acting in a diligent and fair way in order to support the correct performance of the tasks in their area of responsibility and proactively encourage the resolution of the issues that can harm the value of the company
•Collect from Finance Factory the necessary information to exercise his controlling duties over the financial reporting’s and processes performed.
•Support implementation of Group initiatives at legal entity level, and support and locally drive transformation as required by the company´s strategy.
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