Financial Reporting Lead

Emerson

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profile Job Location:

Cluj-Napoca - Romania

profile Monthly Salary: Not Disclosed
Posted on: 14 hours ago
Vacancies: 1 Vacancy

Department:

Finance

Job Summary

Description

Provide oversight and management of US GAAP reporting for allocated Enterprise entities in close collaboration with the other Supervisor of Financial Reporting and Finance Manager for European Finance Enterprise.

In This Role Your responsibilities Will Be:

US GAAP Reporting

Ownership of the monthly Hyperion reporting of allocated European entities.

  • Execute high-quality monthly reporting and timely completion of Corporate European Holding Company general ledgers and related analysis
  • Ensure accurate loading of European Holding Company general ledgers into Hyperion via both automated and manual processes supported by validation checks and analytics
  • Own and manage the general ledgers of allocated entities. If a finance company - working closely with Treasury to ensure accurate recording of non-US treasury activities in the ERP systemincluding cash pooling intercompany loans hedge accounting interest accruals and associated withholding taxes
  • Actively respond to reporting queries from Enterprise US Headquarters
  • Identify and resolve reporting validations and intercompany mismatches with Foreign European Holdings.
  • Support the European corporate consolidation process for both Holding and Finance Companies ensuring Hyperion elimination entries are properly approved documented and booked

Monthly & quarterly POR and variance reporting

  • Monthly actuals updates of Presidents Operating Reports (PORs) for allocated corporate entities delivering timely and accurate data including quality variance analysis versus POR and budget.
  • Quarterly forecast updates of Presidents Operating Reports (PORs) for allocated corporate entities working in close collaboration with Finance Manager ensuring a timely and accurate submission with quality variance analysis versus POR and budget.

Statutory Reporting & Audit

  • Support the Finance Manager in the planning of annual statutory reporting data collection and audit activities for Emersons European entities including coordination with European audit teams to align timelines and address anticipated challenges
  • Work in close partnership with Emersons GSR team and KPMG to ensure an efficient and timely PBC completion as required for the statutory audits

Tax US Tax reporting of allocated entities

  • Support the Finance Manager to deliver the US tax reporting for Emersons European Holding and Finance Companies

  • Collaborate closely with Emersons European and US tax teams to ensure high-quality transparent US GAAP tax accounting and reporting for both standalone entities and tax group structures

  • Manage the balance sheet tax positions including quarterly updates in Emersons OneSource tax system to support accurate US tax calculations for European corporate entities

  • Calculate annual Return-to-Provision (RTP) entries following the filing of the Tax Return for allocated entities. Deliver detailed analysis and documentation to ensure accurate input into OneSource and appropriate balance sheet true-up adjustments

  • Complete and submit annual US tax reporting packs in line with corporate requirements

  • Support the Finance manager in the annual SOX review process for European tax accruals including preparation and submission of supporting documentation for the US Tax Department

Internal Control

Other

  • Annual and quarterly completion of US and UK statistical reports.

  • Reviewing and release of payment files for Treasury approval.

  • Participate in finance-related projects as required

Who You Are:

You stay aligned with your goals and stay productive. You serve as a strategic partner to build grow and maintain profitable and long-lasting relationships with key accounts. You are capable to be dynamic and able to articulately paint credible pictures and visions of possibilities and likelihoods. You integrate quantitative and qualitative information to draw accurate conclusions.

For This Role You Will Need:

  • University Degree in Finance/Accounting/ Business or related

  • Qualified accountant (ACCA CIMA ACA or equivalent) ideally with a Big 4 practice background

  • Minimum of 4-5 years post-qualification experience in Accounting/Finance with a strong understanding of European accounting standards

  • Proficient in Microsoft Excel with a strong aptitude for leveraging applications and identifying/adopting new technology tools

  • Dependable and self-directed with the ability to manage workload effectively and independently

  • Strong English language skills are essential

Preferred Qualifications that Set You Apart:

  • Exposure to treasury and tax reporting/accounting is highly beneficial

  • Experience with Sage and Hyperion is advantageous as is familiarity with tax and treasury software

Our Culture & Commitment to You:

At Emerson we prioritize a workplace where every employee is valued respected and empowered to grow. We foster an environment that encourages innovation collaboration and diverse perspectivesbecause we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship training or leadership opportunities we invest in your success so you can make a lasting impact. We believe diverse teams working together are key to driving growth and delivering business results.



DescriptionProvide oversight and management of US GAAP reporting for allocated Enterprise entities in close collaboration with the other Supervisor of Financial Reporting and Finance Manager for European Finance Enterprise.In This Role Your responsibilities Will Be:US GAAP ReportingOwnership of the ...
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Emerson has refocused its business portfolio to deliver solutions that bring greater value to our customers. About Emerson We concentrate on the most complex, profound challenges facing the world in the process, industrial, commercial and residential markets. Our global talent, best-i ... View more

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