Accounting Director

15 hours ago

Stockholm, Stockholm, Sweden Academic Search International Full time

Achieving operational excellence and driving strategic growth requires a seasoned finance leader who can navigate complex financial landscapes and drive innovation. As Head of Accounting, you will be responsible for overseeing the day-to-day operations of the accounting team, ensuring accurate and timely financial statements and month-end closings.

About the Role

The ideal candidate will have a minimum of 10 years of accounting experience (preferably within FMCG) across at least three Nordic markets, with a deep understanding of local financial landscapes. They will possess excellent leadership skills, having a proven track record of leading and developing finance teams of experienced and skilled specialists.

Key Responsibilities
  1. Day to Day Transactions and Monthly Closing: Ensure following ledgers are managed and well maintained for smooth and accurate monthly and year-end closing.
  2. Manage the Accounts Payables: Ensure accurate payments on time in the Purchase Ledger and review KPIs regularly, correct and flag issues if any in the process.
  3. Manage the Accounts Receivables: Oversee the receivables, minimize bad debt and guide the Sales Teams on improving cash flow.
  4. General Ledger: Maintain the General Ledger accurately (Journals, prepayments and accruals) for timely and accurate month-end closing.
  5. Monthly Closing: Work closely with Head of Controlling to manage timely and accurate month closing and report out PL, BS and Key Figure reports to the organization.
Taxes, Treasury and FX Exposures
  1. Review and guide various Tax processes to avoid liability (VAT liability, Corporate Tax, etc).
  2. Work with CFO to understand new Tax changes from the HQ or locally and communicate proactively. Seek guidance from external audit firm accordingly.
  3. Ensure all payments internally (Inter Company) and externally (Customers and 3rd party) are transacted on time.
  4. Work with CFO to hedge FX exposures and proactively hedge risks.
  5. Maintain sufficient funds in various currencies and suggest when to transact where Revenue and Payments are not balanced in a country.
Internal and External Controls, Audit Activities

Successful annual internal and external year-end audit. Documents are submitted on time, control outages identified and addressed, clear mitigation action plans are carried out effectively to the organization and no repeat issues the following year.

Budget and Forecast

Together with the CFO, manage headcount, personnel cost budgets and ensure actuals are reviewed and maintained with HR during the year. Manage Budget and Forecast process in building in assumptions for org structure update, CAPEX and cashflow reporting. Create a sustainable Accounting Team (3-4 FTE), which becomes the backbone of the Finance function. Continuously challenge the status quo and immensely automate and digitize various transactions. Document processes.

Key Experiences & Qualities:
  1. Extensive Experience: 10+ years of accounting experience (preferably within FMCG) across at least three Nordic markets, with a deep understanding of local financial landscapes.
  2. Leadership skills: proven track record to lead and develop a finance team of experienced and skilled specialists.
  3. Technical Expertise: Proficient in SAP and various financial applications. Comfortable with ERP systems and financial tools like Tagetik.
  4. Strategic Thinking: Strong professional judgment in supporting strategic decision-making while ensuring financial controls are upheld.
  5. Communication & Collaboration: Excellent communication skills, with the ability to build strong relationships across multifunctional teams and with external auditors.
  6. Innovative Mindset: Comfortable challenging the status quo and driving impactful change in financial processes.
  7. Educational Background: BA in Accounting or related field; professional accounting qualification a plus.
  8. Language Proficiency: Fluency in English and Swedish is required. Additional Nordic language skills are a plus.

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