Assume responsibility for the bank, VAT and Balance Sheet reconciliation for Iberia under the supervision of the Financial Manager.
Daily bank postings for all bank accounts and responsible for liaising with AR and AP to ensure all clearing accounts are zero by the month end.
Post standard and recurring journal entries provided by the Local markets.
Responsible for the Fixed Assets cycle for the markets both for US GAAP and Local GAAP and monthly reconciliation of FA register to GL.
Prepare accounts analysis for GL balances under responsibility, as advised by Financial Accounting Manager or Financial Accountant to ensure appropriate valuation.
Prepare accounts balance sheet reconciliations to ensure that accounts used are regularly reviewed and cleared.
Preparing intercompany recharges, ensuring they are accurate and are booked timely and appropriately in the affiliate entities.
Assist Financial Accountant to complete reconciliation between US GAAP ledger/Local ledger/Tax ledger, and post adjustments
Assist Maintaining and presenting Statutory accounts for business unit under Financial Accountant responsibility, either directly by having local knowledge or by sub-contracting to third party.
Assist the Financial Accountant in ensuring all statutory reports are prepared in accordance with local country GAAP, reconciled to y-e reporting templates and reviewed & approved by local management.
Month-end closing process: In addition to those tasks outlined above:
Revaluation of monthly AP and AR balances in foreign currencies;
Assist with the preparation of the monthly, quarterly & year-end reporting schedules and corporate templates, as advised by Financial Accountant.
Monthly formal reconciliation of bank accounts to General Ledger, to ensure that all bank transactions are booked into the GL accounts.
Prepare monthly Management reporting pack in the consolidation system under Financial Accountant supervision
Taxes – Corporate and VAT
VAT: Prepare and Submit VAT return, SII, EC Sales listing, Intrastats and prepare VAT reconcile under Financial Accountant supervision.
Assist Corporate Income Tax calculation, as advised by the Financial Accountant
Audit, Government Requirements & SOX
Work with IAD & KPMG staff to complete Financial audits without issues
Periodic testing of internal controls in accordance with SOX process review. Implementation of remediation plans in line with agreed timetable.
You MUST be an active ACCA OR CIMA studier or newly qualified
Ideally you will good experience working within a multi national business.
Balance sheet and bank reconciliations experience are a MUST
VAT submission experience is a MUST
Italian, Greek, Spanish or Portuguese will be an advantage
Reed Specialist Recruitment Limited is an employment agency and employment business