Finance Manager in Bucharest, Romania

Finance Manager

Description

• Responsible for implementing accounting practices and procedures. Supervises a group of general accountants or accounting clerks in maintaining the general ledger.

• Supervises a group of general accountants or accounting clerks in maintaining the general ledger.Implements accounting policies under direction of the Accounting Manager.

• Implements processes and procedures that properly capture, track, and report revenue and expenditures.

• Compiles, reviews, analyzes, and records complex financial information.

• Reviews account reconciliations prepared by accountants and accounting clerks.

• Reviews and interprets balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports.

• Identifies control weaknesses and communicates to management. Operates in a lead capacity in making remedial changes to tighten and enhance controls and mitigate risk.

Qualifications

Skills

Technical Accounting Assessment – Evaluates and researches transactions in accordance with accounting regulations to ensure recorded in compliance with accounting regulations and company policies.

US Generally Accepted Accounting Principles – Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.

Financial Internal Controls – Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.

Financial Analysis – Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.

Ensures accountability – Holding self and others accountable to meet commitments.

Manages ambiguity – Operating effectively, even when things are not certain or the way forward is not clear.

Communicates effectively – Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Manages complexity – Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.

Develops talent – Developing people to meet both their career goals and the organization’s goals.

Directs work – Providing direction, delegating, and removing obstacles to get work done.

Education, Licenses, Certifications

College, university, or equivalent degree in Accounting, Finance or related field required. Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred.

Experience

Intermediate level of relevant professional work experience in the field of study required, including some supervisory experience.

Additional Locally Required skills:

Languages: Romanian, English – professional knowledge to allow smooth communication with internal and external stakeholders.

Advanced Excel and other Microsoft office literacy

Knowledge of accounting systems (Oracle Preferred)

Knowledge about Romanian tax regulations (VAT, CIT)

Attention to details and tenacity to get things done

Pro-activeness and problem – solving approach

Willingness to learn and develop

Additional Locally Required Responsibilities:

• Manage common business processes and functions in accordance with established procedures.

• Liaising with the external accounting office to ensure compliance to local statutory requirements.

• Assisting with the production of the monthly management accounts supporting papers and schedules.

• Assisting with other areas of finance as required.

• Responsible for reconciliation of all Balance Sheet accounts.

• Prepares and makes journal entries to General Ledger (e.g. Variable Compensation accrual, bad debt provisions etc.)

Job FINANCE

Primary Location Romania-Bucuresti-Bucharest-Romania, Bucharest, Cummins Romania S.R.L.

Job Type Experienced – Exempt / Office

Recruitment Job Type Exempt – Experienced

Job Posting Mar 4, 2024, 3:22:52 PM

Unposting Date Ongoing

Organization Distribution Business

Role Category Hybrid – Potential for Partial Remote

Relocation Package Ineligible

Req ID: 240001EG