Group Consolidation

This role involves extensive daily interaction with senior management in the countries, functional teams, and finance colleagues. Therefore, it is essential that you have strong leadership and communication skills in English. In combination with a strong eagerness to develop best practices and optimize the finance structure and efficiency.

Therefore, you will initiate and participate in projects improving and professionalizing the analyses, internal and external reporting, and consolidation function throughout the company with a wide span of control.

You can translate the insights gained from the financial reporting, especially balance sheet and cash flow.

Due to the growth of the organization and transactions, the tasks and duties of this role may evolve over time.

You are eager to develop and grow within the role and to take on additional challenges and responsibilities as they occur.

Qualifications

• Master's degree in accounting or business economics, ideally with a post graduate degree (RA, ACCA, CPA).
• Approximately 8+ years of relevant work experience.
• Experience with end responsibility for a consolidation of our size. Big 4 experience is a plus.
• Experience with consolidation tool HFM is a big plus.
• Experience in setting up consolidation systems, related reporting tools, and a solid understanding of ERP tools.
• Strong knowledge of IFRS.
• Strong knowledge of cashflow reporting.
• A strong business sense and the ability to operate within a dynamic, rapidly changing environment.
• Able to act as a sparring partner at headquarters and with senior management in the countries.
• Excellent problemsolving skills and analytical abilities.
• Good communications and interpersonal skills.
• Handson, change driven, combined with a 'can do' attitude.
• Fluent in English.

Responsibillities

• Is responsible for the group IFRS consolidation of the group in all scenarios: monthly flash& actuals, biyearly forecasts, yearly Budget, Business Plan. Approximately 130 entities are included in the consolidation.
• Is responsible for timely and accurate reporting, both internal and external purposes.
• Admin of HFM in close cooperation with our support partners (SWAP Support and TCS).
• Functional lead/super user of HFM. Can translate functional needs to technical HFM consultants to develop the necessary functionality.
• Is responsible for all metadata changes in the Group Chart of Accounts, both in Oracle EBS and HFM, in close cooperation with external service providers.
• Is responsible for the disclosure reporting in HFM e

g:
monthly equity disclosure, quarterly tax disclosure, and yearly disclosures for the group IFRS audit and financial statements.

• Is jointly responsible for IFRS compliance and specifically complex transactions and the correct processing in the consolidation (position papers).
• Is jointly responsible for the group consolidated IFRS financial statements together with the Group Financial Controller, including liaising with external auditors.
• Works very close with all other colleagues at headquarter, mostly finance and legal.
• Acts as the first point of contact for all HFM users concerning consolidation tool HFM.
• Is responsible for all HFM related work instructions, including training.
• Manage other HFM and related tools such as: HFM cash which we use for our cash in bank reporting and CXO which is a BI tool on top of HFM.
• Consolidation_
• Lead the group consolidation and closing cycle: monthly flash & actuals, biyearly forecasts, yearly Budget, Business Plan, and disclosure reportin

g:

• Coresponsible for the Group Reporting Calendar, Group accounting policy, and closing instructions. Maintain an accounting manual and ensure the relevant people understand and comply with it.
• Ensure all users understand the consolidation tool and provide necessary manuals and training.
• HFM maintenance: ownership, currency rates, webforms, metadata, continuous development/improvements
• Manage the necessary internal controls necessary around the consolidation process and the consolidation tool (e.g. access to and rights in HFM, and validations).
• Timeliness and accurateness of data.
• Lead intercompany matching process.
• Review the financials.
• Facilitate reporting to:_
• Management and EXCOM.
• Monthly reporting and board meeting data to shareholders.
• Quarterly reporting to lenders.
• Reporting to other financial institutions.
• Liaise with external auditors and provide required information.
• Other stakeholders by means of the consolidated IFRS financial statements.
• Projects & improvement initiatives_
• Involved in restructuring and transactions in the group, in close cooperation with Group Tax Manager, Corporate Finance Manager, and Group Financial Controller.
• Lead consolidation improvement projects and steer external support partners in the project.

---