£55K/yr to £65K/yr
England, United Kingdom
Contract, Variable

Financial Accountant -Austria

Posted by Orka Financial.

Orka Financial is currently recruiting for a growing international business that require a German-speaking Financial Accountant to work on 3 Austrian entities.

Main purpose of the role

Reporting to the Head of Group Finance Shared Services, this role focuses on delivery of seamless, accurate and complete month end process for 3 Austrian entities. They ensure compliance with accounting regulations and support the company's financial decisions.

Main responsibilities

Transactional finance:

  • Have complete ownership and work closely with various team members to capture, record and reconcile transactions in an accurate and a timely manner striving to streamline the process as much as possible. This will include gathering and monitoring financial data, commercial information necessary to raise customer invoices.
  • Collating and processing payable invoices. Managing supplier payments to ensure aged balances are cleared while maintain cash flow controls. Support preparation of VAT returns and liaise with external finance provider to investigate and resolve any unusual VAT transactions and monitor subsequent postings to previous financial periods.
  • Account for monthly payroll by liaising with the HR department, ensure postings are accurate on the person/customer basis and all payroll reporting requirements are met.
  • Prepare necessary accruals and prepayments calculations to ensure costs are recorded in the correct period. Prepare other month end journals as necessary.
  • Ensure complete and timely reconciliation of intercompany balances across all entities, investigate variances and follow up to ensure corrections are carried out and variances are eliminated. Ensure that intercompany payments process is clearing all outstanding balances and not causing any intercompany variances.

Financial reporting:

  • Hold overall accountability for production of the monthly and annual reporting requirements, proactively ensure they are accurate and delivered to deadline in line with group and regulatory policies, procedures and guidelines. Accountability for the integrity of reported figures in P&L, ownership of the balance sheet and ability to provide insights on reported numbers. Provide meaningful explanations for large variance to balance sheet and P&L movement to prior year to Group on any potential issues identified.
  • Prepare local ledger data for BPC uploads and reporting requirements.
  • Ensure all balance sheet reconciliation are prepare and reviewed on a regular basis, and all review points are followed up and potential risks or opportunities are communicated to Group of Finance Shred Services and Director of FBP on a timely basis.
  • Regulatory compliance: Support the preparation of statutory accounts and lead regulatory compliance requirements for entrusted entities including financial statement reporting and tax requirements while working alongside various consultants and stakeholders.
  • Controls: Ensure group policies and processes across are being adhered to, suggest simplified solution to manage the accounts preparations ensuring robust protection of our assets with a pragmatic approach and with continuous improvement in mind.
  • Stakeholders Engagement: Collaborate with cross-functional teams, including Group Accounting, Finance Services, FBP. Build and maintain relationships with internal and external stakeholders, such as vendors, customers, and 3rd party service providers. Become a point of contact with Local Managing Director and local team.
  • Ad hoc tasks as directed by Financial Accounting Manager and Financial Accounting director.

Knowledge, Skills & Experience

Required:

  • Minimum of 10 years of experience in transactional finance roles.
  • German speaking (business fluent)
  • Strong knowledge of financial systems, processes, and local regulations Austrian GAAP (Unternehmensgesetzbuch, UGB).
  • Austrian ERP: BMD - NCS, Job costing tool: POS-Project.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Good communication, interpersonal skills.
  • Demonstrate experience of new process implementation.

Preferable:

  • Dynamics 365 finance experience
  • SAP BPC or similar reporting tool experience