Legal Entity Accountant (German speaking)

KOSTAL Group is a global, family-owned German company that develops market-leading solutions for the solar and automotive industries. The company was established in 1912 and employs about 20 000 people at 47 locations in 22 countries. In Hungary, KOSTAL is building its first business service centre to provide business support in IT, finance, procurement, master data, sales and HR fields. This is a global centre with high value-added and complex processes, which you can help to grow.

The work can be managed remotely - with time-to-time office presence depending on the team's agreement and the demand of the respective professional area - from any location in Hungary. In case of some company events, office attendance is expected from the colleagues. Technical conditions for working from home are fully in place.

Overall Purpose of Job:

This role is for transitioning a newly acquired entity to KBS and to be in charge of preparing and posting accounting entries in Microsoft Dynamics (later on in SAP FI) on a regular basis and deliver a complete and accurate financial statement for in scope entities. Also accountable for the G/L matters for the selected business units. Ensures accuracy and completeness of G/L accounting transactions in accordance with financial procedures. Be the owner of the daily general ledger operation according to the agreed priorities and measurements and perform the dedicated operational tasks.

Main tasks, roles and responsibilities:

• Be involved in and actively shape the transition of accounting processes from European entities to Hungary. Involved in day-to-day operations in the following process areas
  • Post and manage any required financial transactions
  • Post inventory adjustments as per request
  • Banking, Intercompany Clearing and Loans in scope
  • Bank statement posting to GL accounts
  • FX transactions, hedging and perform posting
  • Decide on Accounting treatment for deferred items, perform postings
  • Accrual and provision management
  • Roll forward schedule of accruals, perform posting
  • Manage Profit & Loss, HR expenses in close alignment with HR and tax
  • General Ledger Closing, Reconciliation of GL and sub-ledgers
  • Prepare consolidation postings
  • Statistical reportings to official bodies as per duties
  • Month end controls, Prepare documentation for auditor/tax authorities
  • Responsible for internal audit controls
• Adherent to agreed service levels, policies and procedures as well as internal controls
• Identify, evaluate and resolve issues (incl. process improvements)
• Engage in collaboration with the business and stakeholders to develop a professional relationship
• Provide qualitative customer service
• Ensure that all process manuals/relevant work instructions are created and updated on a regular basis
• Manage external audit request/queries
• Manage balance confirmations
• Identify, evaluate and resolve issues (incl. process improvements)
• Adherent to agreed service levels, policies and procedures as well as internal controls
• Engage in collaboration with the business and stakeholders to develop a professional relationship
• Ensure that all process manuals/relevant work instructions are created and updated on a regular basis
• Deliver ad-hoc queries requested by key stakeholders

Experiences and requirements:

Education :

• University or college degree in Finance & Accounting, Economics, Business Administration or experience in Finance & Accounting field

Work experiences - time/seniority/ sector:

• Strong GL knowledge with at least 3-5 year finance operations role in SSC
• Good understanding of a relevant local GAAP
• General understanding of the overall closing process
• Experience in a service driven, customer-oriented environment (beneficial: SSC experience)
• Solid understanding of the main sections of the financial statement

Technical/ IT knowledge:

• Good knowledge of Microsoft Office or equivalent tools

Language - with level :

• Fluent in English
• Proficient in German

Required Skills and Competencies:

• Communication, interpersonal and analytical skills
• Proactive and outcome-focused attitude

• Self-efficient and flexible, "Can do" attitude
• Independent in work, tolerance of monotony
• Reliable and responsible for deliverables
• Accurate and timely
• Service oriented