Corporate Accountant

**Job title**

**Corporate Accountant
Business Unit:
Finance

Reports to:
Manager Corporate Accounting

Direct reports:
Replaced by (temporarily):
General Ledger Accountant

Stakeholders:
Manager Operations Accounting, Head of Finance, Operations Managers, Controlling, Projects and Procurement

Budget responsibility:
**Main Purpose & Scope of Job**

The Corporate Accountant (CA) is responsible for General Ledger monthly close, quarterly close and year end financial statements according to IFRS and Local GAAP (e.g. HGB). The position includes the accounting of fixed assets. This includes monitoring the costs to ensure proper classification of capital vs. expenses and setting up the assets in the Fixed Asset sub-ledger. Ensure the timely and accurate computation of the depreciation and amortization expenses. Review for accuracy all disposed assets and transfers. Prepare monthly reconciliation, audit schedules, and various analysis as needed. The CA is also responsible for accruals calculation, especially personnel accruals, reinstatement obligation and other accruals.

The position includes the posting and reconciliation of intercompany balances, dealing with special accounting topics according to IFRS or German GAAP (for example IFRS 16) and participates in the preparation of German financial statements as well as other local GAAP depending on the country.

The CA will participate in implementing and optimizing of processes (for example intercompany, fixed assets and new policy according new IFRS standards). The CA works together with the local agencies relating to the financial statements of the companies abroad and will be the contact person for them and for auditors.

**Core Duties & Responsibilities**

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General Ledger
- Prepare month/quarterly and year end closing
- Prepare balance sheet reconciliations
- Prepare accruals calculation (personnel, reinstatement obligation and other accruals)
- Supports with preparation of statutory accounts
- Deals with special accounting topics according to IFRS (IFRS 16) and German GAAP
- Prepare German financial statements
- Participate in implementation and optimizing processes (intercompany, fixed assets and new policies according to new standards)
- Contact person for local agencies preparing the financial statements of the foreign companies
- Contact person for auditors
- Preparing the financial statements of the non-operating companies
- Participate and optimize the consolidation tool LucaNet

Fixed assets
- Manage fixed assets module including additions disposals and depreciation for approximately 50 group entities
- Compile project costs for construction, furniture, and service equipment for ongoing projects and adding to the fixed asset software upon completion Preparing fixed asset register
- Communicate with inter-department teams to keep track of store openings and closures and the status of capital projects
- Reconcile the balance in the accounting general ledger to the fixed asset reports
- Investigate the potential obsolescence of fixed assets
- Review amounts capitalized or expensed as fixed assets adhering to the company capitalization policy
- Act as a key user for the fixed asset module

Inter-Company reconciliations
- Reconcile Intercompany transactions
- Reconcile and analyze balance sheet inter-company accounts
- Handling Intercompany queries and resolving issues within stipulated time frame
- Initiating and documenting process improvements in the Intercompany role in order to improve efficiency

Miscellaneous
- Be open to taking on other responsibilities within the Accounting Department

**Knowledge/ Skills/ Experience/ Leadership Competencies**
- Minimum of 3-4 year experience in a similar role
- Educational degree or relevant qualifications in Accounting
- Thorough knowledge of accounting and corporate finance principles and procedures: HGB and IFRS
- Highly computer literate with good user skills in ERP Software (ideally Dynamics AX or Navision) with a high level command of MS-Office, especially MS Excel
- excellent communication skills in German and English, other European languages would be advantageous

**Personal Attributes/ Soft Skills**
- Excellent attention to detail and the ability to work to strict deadlines
- Proactive, reliable and respectful personality
- Willingness to drive process improvements