Regional Accountant

Emerson Electric
Leicester, UK
18 Sep 2019
22 Sep 2019
Contract Type
Full Time

Regional Accountant for a number of Emerson European Sites, providing a single point of contact between the European Financial Support Group (EFSG) and the country, maintaining quality and audit standards to service level agreement (SLA). Ensuring that the monthly financials for the country are prepared accurately and on time. Drive process improvements and provide training and development to colleague in the UK and processors based in Manila.

• Upload the P&L/BS including statistical and Product group data provided by European sites into the reporting system (HFM) and reconcile to the TB/GL in transactional system (Oracle) to tight deadlines
• Work with the finance contact at the country and payable processor based in Manila to review and finalize intercompany AP Position and Goods in Transit (GIT) accrual calculation.
• Drive the month end cycle and provide ongoing support to Finance teams in the country
• Investigate and advise site finance teams with any reporting issues including US GAAP Compliance
• Review and develop Shared Service Centre (SSC) set of KPI's to identify areas for development. Work closely with the site finance team and MSSC to identify root causes. Design process improvements to maximize efficiency and risk control
• Analyze aged Intercompany debt, drive the process to minimize aged balances, propose and implement process improvements to resolve issues at root cause
• Carry out monthly review of Balance sheet control reconciliations and investigate any reconciling items to clear in a timely manner or explain
• Review payment request from site finance teams and approve payments on a daily basis
• Manage individual SSC accesses to the sites banking software in accordance with corporate policy and procedures (CP&P)
• Work closely with corporate/internal and external auditors to provide all reconciliations in to set deadlines and respond to audit queries in a timely manner
• Lead or assist with European finance projects as and when required
• Train and develop colleagues within the SSC team and manage the work and development of the assistant regional accountants and the teams based in Manila
• Respond to any ad-hoc requests and occasional weekend/bank holiday working can be required dependent on Emerson Financial reporting calendarREQUIRED QUALIFICATIONS AND EXPERIENCE
• ACA/ACCA/CIMA or equivalent Accounting Qualification or Part Qualified with minimum 5 years' relevant experience
• Degree Level education
• Relevant post qualification experience, including working in a large corporate environment. Experience working in a matrix structure would be of an advantage
• Good Excel skills required
• Professional written & verbal communication skills

• Optimizes work processes
• Action Oriented
• Communicates effectively
• Plans and aligns
• Collaborates

Our inclusive company culture celebrates the unique perspectives, diversity of thoughts, and exceptional innovation that come to life when we actively seek to hire and develop the best, brightest team members from all backgrounds. These unique points of view help foster fresh thinking and new ideas, ensuring our continued success into the future.About Emerson
At Emerson, we are innovators and problem-solvers, focused on a common purpose: leaving our world in a better place than we found it. Each and every day, our foundational values-integrity, safety and quality, supporting our people, customer focus, continuous improvement, collaboration and innovation-inform every decision we make and empower our employees to keep reaching higher.

As a global technology and engineering leader, we provide groundbreaking solutions for customers in industrial, commercial, and residential markets.

Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production and protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure.

Emerson, a Fortune 500 company with $17.4 billion in sales, more than 20 Innovation, Solutions & Engineering Centers, and 200 manufacturing locations worldwide, is committed to helping employees grow and thrive throughout their careers.

Whether you're an established professional looking for a career change, an undergraduate student exploring options or a recent MBA graduate, you'll find a variety of opportunities at Emerson. Join our team and start your journey today.

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