AR Process Specialist

1 month ago

Stockholm, Sweden H&M Group Full time
Job Description

Finance and Accounting is responsible for making sure that the H&M group can handle all business initiatives in a legally compliant way and ensure that all brands and sales-channels are aligned from an accounting perspective. We are a strategic business partner and support the H&M group's business development in order to achieve our long-term goals. We are responsible for ensuring that the financial reporting keeps up with the high pace of the H&M group. This is an opportunity to join a global function that works for all our brands and sales-channels.

The AR B2C team is responsible for the delivery of the bookkeeping and reporting from the Global Online Sales, Order to Cash (OTC) Process. We are responsible for H&Ms global AR B2C finance accounting solution template. This entails securing compliant, scalable and automatized solutions with regards to business development or changes in the external global markets.  H&M group continue the rapid expansion within Online Sales, this team is key to that success. Today our team is located in Borås, Stockholm and supported by our in-house Shared Service Center in Bangalore.

The role as an Accounting Specialist within AR at H&M comes with lots of responsibility – and lots of fun. You are responsible for securing the Accounting of the H&M Group global and omni digital sales and Accounts Receivables. On top of managing daily operations a key delivery within the team is a constant focus on driving improvements such as business processes and technical development. You will provide great knowledge and ideas to H&Ms AR processes and enjoy driving change and process improvements in a complex IT environment.

Key responsibilities:

  • Responsible for securing the accounting reporting of H&M Group’s AR B2C global digital sales including all brands and both internal and external sales channels for given processes.
  • Responsible for collaborating and ensuring clear communication with relevant stakeholders, both internal and external.
  • Responsible for gathering process specific knowledge and act as subject matter expert.
  • Align with, support and work together with Business Tech and local country accounting in central initiatives but also function-specific initiatives in regard to requirements, scope, solution design, test and post-go live stabilization. 
  • Uphold Accounting guidelines for H&M Group’s global digital sales and all related business models.
  • Responsible for facilitating financial control within the AR area regarding P&L elements such as transfer pricing sales models and AR related costs.

Qualifications

We believe that you are a collaborator and a true team player that likes to coach, support and help others and naturally builds cross functional networks and relationships. You have strong analytical and problem-solving skills and the ability to customize communication to different needs when training, coordinating and leading activities.

What you need to succeed:

  • University degree within Accounting/Bus Admin/Economics or equivalent work experience.
  • Minimum 3-5 years of relevant work experience within Accounting/Accounts Receivables ideally within a global B2C digital sales environment.
  • Experience of SAP modules
  • Experience of VAT/tax, reporting and transfer pricing business models.
  • Process competence - system/process knowhow/technical skills, basic understanding of integrations and comfortable in solution template responsibility and working in an IT landscape/environment.
  • Analytical ability to conduct GL, P&L analysis, process flows and data outputs in tools such as excel to recognize steps to take.
  • Experience of problem/change management and process development.
  • Communicative in English (written and verbal) – ability to train in, co-ordinate, plan and lead activities.


Additional Information

This is a fulltime temporary position of 12 months, starting as soon as possible, according to agreement. The role is an on-site position, based in our office in Stockholm or Borås, Sweden.
Apply by sending in your CV in English as soon as possible but latest by 5th June 2024. Due to data policies, we only accept applications through career page. 

Benefits 
We offer all our employees at H&M Group attractive benefits with extensive development opportunities around the globe. All our employees receive a staff discount card, usable on all our H&M Group brands in stores and online. Brands covered by the discount are H&M (Beauty and Move included), COS, Weekday, Monki, H&M HOME, & Other Stories, ARKET, Afound. In addition to our staff discount, all our employees are included in our H&M Incentive Program – HIP. You can read more about our H&M Incentive Program here

In addition to our global benefits, all our local markets offer different competitive perks and benefits. Please note that they may differ between employment type and countries. 

Inclusion & Diversity 
At H&M Group, we’re determined to create and maintain inclusive, diverse and equitable workplaces throughout our organisation. Our teams should consist of a variety of people that share and combine their knowledge, experience and ideas. Having a diverse workforce leads to a positive impact on how we address challenges, on what we perceive possible and on how we choose to relate to our colleagues and customers all over the world. Hence all diversity dimensions are taken into consideration in our recruitment process.   

We strive to have a fair and equal process and therefore kindly ask you not to attach a cover letter in your application as they often contain information that easily can trigger unintentional biases.  

Company Description 

H&M Group is a family of brands; H&M, COS, Weekday, Monki, H&M HOME, & Other Stories, ARKET and Afound. At H&M Group, our people are the driving force behind our commitment to creating meaningful growth and more sustainable lifestyles. Help us re-imagine fashion and together we will re-shape our industry. Learn more about H&M Group here

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