Financial Service

Service description:

Purpose of the role

• The Asset Accounting Expert supports the Asset Accounting Team in strengthening accounting governance over the Group's growing CAPEX portfolio, with a particular focus on digital and intangible investments while contributing to the broader governance of the Group's asset base and investment portfolio.
• The role combines operational expertise with technical accounting advisory responsibilities and contributes to the definition, implementation and continuous improvement of capitalization policies, processes and controls across Client Group.
• The position acts as a key reference point for complex accounting assessments, supports transformation initiatives and contributes to the alignment of Asset Accounting practices between Client and 50Hertz.

Key responsibilities

CAPEX Governance & Accounting Advisory

• Act as a subject matter expert on CAPEX accounting and capitalization principles under IFRS and Group policies.
• Support the definition and maintenance of accounting guidelines governing OPEX versus CAPEX treatment.
• Review complex and high-value investment projects, including digital and software-related initiatives.
• Advise project managers, controlling teams and finance stakeholders on capitalization matters throughout the project lifecycle.
• Ensure consistent and audit-ready documentation supporting accounting judgments.
• Support the follow-up and remediation of internal and external audit recommendations related to CAPEX accounting and fixed/intangible assets?

Intangible Assets & Digital Investments

• Lead the accounting follow-up of software development and digital transformation projects.
• Assess capitalization eligibility of internal and external development costs.
• Monitor the accounting treatment of agile, cloud, platform and other emerging technology projects.
• Ensure appropriate recognition, amortization and impairment assessment of intangible assets.

Reporting, Controls & Audit

• Support monthly, quarterly and annual closing activities related to fixed and intangible assets.
• Analyse CAPEX trends, asset movements and key accounting estimates.
• Coordinate responses to internal and external audit requests.
• Contribute to strengthening the internal control environment surrounding asset accounting processes.

Process description & Continuous Improvement

• Document, review, and improve asset accounting and capitalization processes/governance and change/update where needed
• Contribute to the continuous improvement of asset accounting processes and governance.
• Identify opportunities for automation, digitalization, and efficiency improvements.

Cross-Functional & Cross-Country Collaboration

• Act as a key interface between Finance, IT, Engineering, Project Management and Controlling teams.
• Support alignment of accounting practices and governance frameworks across Client and 50Hertz.
• Share expertise and contribute to the development of accounting knowledge within the team.
• Support the development and maintenance of Group accounting guidance related to CAPEX accounting, intangible assets and capitalization policies.

Requirements:

Education

• Master’s degree in finance, Accounting, Economics, or a related field or equivalent professional experience.

Experience

• 5 to 8 years of experience in Asset Accounting, Audit, Technical Accounting, Financial Controlling or Project Accounting.
• Strong exposure to CAPEX-intensive environments.
• Experience with digital transformation, software development projects or intangible assets is a strong advantage.
• Experience in Big Four audit and/or technical accounting advisory is considered an asset.

Technical Skills

• Strong understanding of IFRS and asset accounting principles.
• Solid knowledge of IAS 16 and IAS 38.
• Ability to assess and document complex accounting judgments.
• Knowledge of SAP Asset Accounting (FI-AA) is a plus.
• Strong analytical and reporting capabilities.
• Advanced Excel skills.
• Knowledge of English – French or Dutch

Soft Skills

• Able to challenge stakeholders constructively.
• Strong communication and influencing skills.
• Capacity to translate accounting requirements into practical business guidance.
• Autonomous, structured and solution oriented.
• Collaborative mindset and ability to work across multiple functions.