Our client is a renowned MNC based in town.
For this role, you are responsible for the end to end accounting Marketing corporate entities in the UK, Singapore and China. You manage the employee costs data for the marketing hubs and are responsible for the preparation and invoicing of the recharges between the Marketing entities and allocations between commodities. This role will provide support as required to the commodity accountants in consolidating marketing data including costs and overheads.
In addition, you are responsible for consolidation financial reporting data for marketing incl lead for Marketing technical accounting matters, liaison with Group Finance team for financial reporting matters, responsible for statutory, tax and regulatory compliance submissions. Expert user of the HFM consolidation system and will support the Financial Reporting Accts and Analysts in their use of HFM and roll out of group consolidation initiatives.
TYPICAL TASKS
Accounting Technical –Lead technical accounting expert for the marketing finance function, providing guidance to all the finance teams. Will be the key liaison with the group team on all technical accounting issues. Performance of role will be in respect of Financial, Performance and Risk reporting.
Consolidation - Lead consolidated mktg gp reporting processes incl issues report, internal controls confirmation, and other consolidated templates across all the commodities BU and head up the associated training activities for the Finance team
Audit - Ownership of the external audit process.
Reporting - Head the submission for finance results for Board Pack, including variance analysis. This includes driving input across all commodities to present the consolidated results. Take responsibility for all statutory financial reporting for annual results across all commodities within AAML.
Compliance- Head the submission of statutory, tax and other compliance relating reporting such as Corporate tax requirements, insurance surveys, statistics survey, GTP data.
Marketing hub ‘corporate costs’ ledgers – Responsible for the Corporate ‘Central cost’ ledgers e.g. Commercial Services and functions. Responsible for submitting the data into HFM for group reporting requirements.
Budgeting & forecast process – Responsible for submission of the commodity overhead budgets in HFM, working with the Accountants across multiple commodity finance teams.
Recharges – Responsible for preparation of the marketing recharges for actuals, budgets and forecasts and for explaining variances to stakeholders and commodities.
Payroll entries - Manages the process of payroll entries are Sgp and London payroll including any invoicing or recharges process and . Manages process for invoicing with other entities. Perform GTP employee costs reconciliations.
Hyperion – be the expert user of Hyperion (HFM) and provide knowledge support to Financial Reporting Accountants in the monthly financial statement, forecast and budget upload.
System Improvement – Continuously improve the consolidation matters, overhead recharge and reporting process. Work with relevant finance teams to design and implement process improvement.
Leadership – Guide and manage a team of two staff to deliver the aforementioned to the highest quality.
Key requirements:
- Excellent academic credentials in Business or Finance, with CPA or CA qualification
- Around 7 to 11 years of accounting experience, some of which is gained in a MNC environment
- Has experience covering financial reporting, preparing consolidated B/S and P&L, standardizing processes (AP, GL, month end).
- Hands on experience in using reporting and consolidation system such as Hyperion very useful
- Hands on experience in using integrated ERP system such as SAP or Oracle
