Head of Accounting & Administration
Posted 21 days 12 hours ago by Ferrero International S.A.
Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno and Kinder Surprise. As the love for our brands continues to grow, so too does our global reach. Represented in 55 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? Nearly 35,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them. You have always loved it, now be part of it!
Diversity StatementFerrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.
About the Role:The Head of Accounting & Administration is a pivotal role within our organization, responsible for managing key financial operations, including accounting processes, credit management, and payables. This role requires a hands-on leader who can oversee a high-performing team, ensure compliance with accounting standards, and drive process improvements.
As the Head of Accounting & Administration, you will lead, mentor, and evaluate a team of four accounting professionals, fostering a culture of excellence and continuous improvement.
Main Responsibilities:- Ensure the integrity and overall performance of the Administration function, providing strategic advice and support to the General Manager and functional superiors.
- Oversee and ensure the accuracy of financial statements in compliance with local GAAP, IAS/IFRS, and Group standards.
- Work closely with external auditors to manage year-end audit process.
- Supervise and manage all accounting cycles, including OTC-AR, R2R, P2P-AP, and intercompany transactions, while managing outsourced processes effectively.
- Oversee intercompany balances and intercompany reconciliations.
- Guarantee accurate and timely tax compliance and reporting to local authorities.
- Establish and maintain a consistent credit management process, including receivables tracking, collections oversight, and credit risk mitigation.
- Develop and enforce robust internal controls to safeguard company assets and ensure GRC compliance.
- Monitor and optimize financial processes (e.g., SAP Master Data Management, monthly closings, price approvals, and credit control).
- Supervise Treasury Management, in line with Group Treasury standards and guidelines (payments and receipts, cash management, cash planning).
- Support and coordinate new projects development having any impact on accounting flows.
- Bachelors' degree in Finance/ Business Administration or equivalent
- Minimum 8 years of proven experience in Finance & Accounting in a multinational environment
- German mother tongue
- Fluency in English language
- Excellent SAP Knowledge, HFM and Essbase know-how is a plus
- MS Office knowledge
- High level of engagement and problem-solving attitude
- Ability to organize and meet deadlines
- Team player
Consumers, quality and care are at the heart of everything we do. So, to be successful at Ferrero, you'll need to be just as consumer and product centric as we are - dedicated to crafting brilliant results for consumers around the world.
Strong analytical mind, attention to details on one hand, and ability to cooperate with employees at all levels and great organisational skills on the other, would be key to success. Employee contribution and engagement at Ferrero is based on the individual, team and organisation dimension, so you should have the ability to work independently, as a part of the team and build good relations with stakeholders at all levels. Being flexible and dealing with a dynamic working environment as well as the ability to embed new knowledge and skills in existing competencies will definitely help you to become high performer here.
Requisition ID: 67802
Job function: Accounting & Administration