Eaton Corporation Senior Accountant (French Speaker) in Budapest, Hungary
The primary function of this role is to assist the Country Controller in ensuring its many & varied obligations are met, driving to improve & standardise Country accounting processes (both corporate and business operations).
The role provides financial leadership on statutory accounting/audits, corporation income tax and indirect tax accounting for the countries.
This function will closely operate with various Corporate Departments (Tax, Treasury, Accounting, Legal, others), WHQ Global Financial Accounting teams, the International Shared Service Centers (ISSC), and Operating divisions in Country. Acts as a liaison with the Shared Service Center and the ledgers in the country to ensure Oracle or SAP implementation and possible migration of transaction activities to the ISSC.
Supports the Country Controller in ensuring all goals and targets associated with internal controls, internal auditing, external audit, statutory reporting and financial advice are met.
Meet reporting deadlines for monthly, quarterly and year-end closings - ensuring accuracy & timeliness of financial results supporting the Actuals, Forecasting, Profit Plan, Strategic Plan.
Ensure compliance with Eaton financial policies, USGAAP, local statutory regulations, internal control and Sarbanes-Oxley.
Performs specialized analyses to support decisions, Intrastat declaration, National Statistical reporting and WHT calculation.
Ensure ethical standards are maintained in a manner that accrues maximum benefit to Eaton across all divisions.
To co-ordinate and act as a consultant, in the provision of advice and technical assistance to all in-country operating divisions, World Headquarters and European shared service center, on: central systems, technical accounting issues, VAT, fiscal matters, and compliance in accordance with fiscally acceptable criteria and risk management objectives
To advise, guide and support the implementation to all Eaton in-country divisions of uniformity of financial accounting systems;
Statutory books: ensure that the statutory books are kept in accordance with local accounting rules;
Managing the Fixed Asset for the LEs and performing reconciliation about additions, dismissal, depreciation and FA ERP’s module and GL accounts.
Statutory reports and audits: managing of the statutory accounts; participation in the statutory audits. Closely operate with the external providers.
Taxes: timely and accurate calculation of tax liability; conducting reconciliation between taxable income or loss and the net income or loss resulting from the statutory books; support external and internal tax audits including Tax Inspections; preparation and filing of the tax information as required by local tax law.
Professional accounting qualification/university degree
4-6 years of financial experience
Experience in finance/ accounting and auditing within a multinational (manufacturing) environment
Knowledge of US GAAP; exposure to Sarbanes Oxley
Knowledge of SAP - ORACLE
Excellent knowledge of French and/or Italian statutory reporting requirements
Sound practical knowledge of corporate income tax /indirect taxes (FAS 109)
Experience of best practice implementation/end to end process improvement in accounting & reporting
Able to work as part of a team, adhere to company standard processes, practices & policies
Strong professional presence
Excellent working knowledge of the English and French language
Effective communication skill essential
We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters.
We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.
Region: Europe, Middle East, Africa
Organization: Corporate Sector
Job Level: Individual Contributor
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.