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Finance Accountant

Position Title: Finance Accountant

Location: Milan

Reports to:  LE Controller

Direct Reports: 0

Scope / Brands:  Italy

 

ABOUT THE WELLA COMPANY

Together, WE enable individuals to look, feel, and be their true selves.

Wella Company is one of the world’s leading beauty companies, comprised of a family of iconic brands such as Wella Professionals, Clairol, OPI, Nioxin and ghd. With 6,000 employees globally, presence in over 100 countries, Wella Company and its brands enable consumers to look, feel, and be their true selves. As innovators in the hair and nail industry, Wella Company empowers its people to delight consumers, inspire beauty professionals, engage communities, and deliver sustainable growth to its stakeholders.

For additional information about the Wella Company please visit www.wellacompany.com.

 

 

The Role

The Controlling Analyst acts as the right-hand of the Financial Controller Italy in providing accounting, financial, tax and treasury advisory support to the Wella operating legal entities in Italy. Role includes monitoring and supporting the business by facilitating the monthly actual close and quarterly reporting, forecasting process, tax submission, cash-flow management, providing analytics and supporting ad-hoc requests.

 

Key Responsabilities

  • Support the Italian controlling & business teams during the close process which includes: preparing/posting/reviewing journal entries, coordinating submission, and addressing accounting questions.
  • Prepare monthly journal entries and account reconciliations.
  • Contribute to the preparation of Corporate reporting requirements (Quarterly P&L and Balance Sheet Analytics, GAAP Checklist, Reporting Package, Short-Term Liquidity Forecast) meeting strict corporate reporting deadlines and ensuring full compliance with internal and external (financial) reporting requirements, in line with the group accounting policies and the local regulations, with a clear understanding of the differences between them (i.e. IFRS, local and US GAAP, tax)
  • Support internal control testing, documentation and compliance.
  • Perform monthly close of financials which includes: generate and review Financial Statements in compliance with Italian GAAP and IFRS, compare actual to the budget and investigate /explain variances, analyze key accounts, identify unusual transactions, verify adequacy of reserves and accruals, follow-up and review with management.
  • Provide accounting administrative support and training as needed (e.g. account inquiries, accruals, GAAP guidance, corporate policies and procedures etc.)
  • Support internal and external audits by providing audit schedules, support and responding to inquiries
  • Participate in special projects by supporting management and the project team in various tasks.
  • Follow accounting treatment and methodology used in accordance with IFRS and the Company’s financial policies
  • Close cooperation with Indirect Tax team in Shared Service Center in ensuring that all such as sales tax, per unit tax, value-added tax (VAT), or goods and services tax (GST) will be submitted correctly and paid on time. Specifically:  review/check VAT reports/ declaration (Intrastat, ESL/EPL, Import VAT), submission of VAT/VAT UE return forms, submission Intrastat & esterometro monthly declaration, ensure timely payment of Indirect taxes, prepare other indirect tax reports (if applicable), supervise electronic invoice flow
  • Accounts Payable Single Point of Contact in Italy, supporting the business and central teams in AP issue resolutions
  • Ensure that the legal and insurance obligations are met.

 

Your Profile

 

You thrive at building strong customer relationships and delivering customer-centric solutions. You are committed, conscientious and always lead with integrity. You recognise the value that different perspectives and cultures bring to an organization. You believe in the value of teamwork. You bring a high level of knowledge and know-how plus creativity and enthusiasm to your work and to everything you do

 

Key Requirements

 

- Bachelor in Accounting or related field is required

- 7+ years’ experience in accounting or financial analysis with Italian GAAP and IFRS

- Solid accounting and analytical skills

- Strong computer skills, particularly in MS Office, and extensive use of Excel

- Strong experience with SAP

- Excellent command of written and spoken English

- Ability to deal with diverse groups and various levels of financial and operating personnel maintaining a positive attitude under pressure

- Agile and quick to adapt to change.

- Ability to work independently (with limited supervision) and possesses the initiative to identify problems and propose creative solutions

- Flexibility, multi-tasking, creative thinking, good business judgment, strong organizational & communication skills are all required to meet strict deadlines and manage other projects

- Must be a strong team player, highly motivated, and eager to learn

 

 

EEO OPPORTUNITIES

Wella Company wants to meet the aims and commitments set out in its equality policy. This includes not discriminating under the Equality Act 2010 and building an accurate picture of the make-up of the workforce in encouraging equality and diversity.

We offer equal employment opportunity to qualified individuals without regard to race, religion or belief, color, national origin, age, gender, disability, sexual orientation, gender identity, gender expression, marital or civil partnership, pregnancy and maternity, veteran status, or any other characteristic protected by law. Wella Company with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact us at: https://www.wellacompany.com/consumer-affairs

We strongly believe that cultivating a diverse workplace gives a company strength. The combination of unique skills, abilities, experiences and backgrounds creates an environment that produces extraordinary results. EOE Minorities/Females/Protected Veterans/Disabled.

English - Please click on this link to review the Notification of Equal Opportunity Rights poster

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