Accounts Payable - Rest of Europe, Italy based
Accounts Payable - Rest of Europe, Italy based
JOB PURPOSE:
- Responsible for timely execution of the accounts payable processes and the related payment postings & transactions, in compliance with company’s guidelines, local/statutory regulatory requirements, PO/ contract terms and Delegated Authorities.
- Ensure all relevant accounts payable transactions are in line with controls as specified in the Internal control framework regulating the procure-to-pay process.
- Ensure all transactions are in accordance with the Functional Forms accounting policies and procedures, general accounting standards (IFRS) and other local regulation requirements.
- Maintain and improve customer satisfaction of internal and external stakeholders by managing the query feedback and timely communication.
- Identify areas for improvement to increase operational efficiency and working capital.
Main Responsibilities:
Accounts Payables
- Perform Accounts Payable Invoice and Payment postings for trade/ non-trade vendors (including intercompany and customer payments) to ensure timely settlement.
- Follow Tax guidelines to post invoices and comply with tax regulations.
- Support and maintain the quality checks & controlling tools for various related to accounts payable such as Withholding Tax, three way matching, etc.
- Follow the alignment with tax operation and global tax team on needed operation steps/ subsequent controls, ensure the quality and timeliness of the indirect tax \withholding tax processing embedded in the payment process.
- Follow Standard Operating Procedures & Guidelines to ensure compliance and conducting analysis to support efficiency.
- Identify areas to strengthen internal control procedures for Accounts Payable by balancing controllership and operation efficiency & invoice posting quality.
- Drive process improvements for operational excellence.
Account Reconciliation
- On time perform P2P account reconciliations after month end closing.
- Timely taking action to follow up on (long) aged items, proactive communicate with stakeholders to resolve issues.
- Review monthly AP Aging Report and Aged Accrued Accounts Payable, i.e., receipts of goods without invoice, e.g. to identify the root cause.
Reporting
- Monthly KPI calculation and reporting.
- Statutory reporting (quarterly GST submission, eg).
- Participate in the annual financial audit preparation.
- Provides balance confirmations and performs ad hoc feedback requests.
MINIMUM EDUCATION/EXPERIENCE REQUIREMENTS
- Bachelor Degree (or technical equivalent) in Finance & Accounting and/or related equivalent work experience
- Minimum 3-5 years’ accounting / accounts payable experience
- Proven knowledge of accounts payable processes, systems and workflows
- Legal & Statutory knowledge of corporate tax, GST & Withholding Tax (Italian GAAP and preferable other European countries)
- Well-versed in accounting procedures and Financial Reporting Standards
- Strong problem solving and analytical skills
- Business and commercial acumen
- Good planning & organizing skills
- Self-motivated, results-oriented
- Excellent communication skills, ability to influence end users
- SAP experience
- Fluent in English and Italian (both verbal and written)
Location: Olgiate, Italy
Travel: up to 10% (regionally)
This role can be performed with some flexibility FTE:50 - 100%
FURTHER INFORMATION
Interested in this position?
Please apply online by sending us your CV and motivation letter in English. Due to data privacy reasons we do not handle any applications sent by email. For additional questions you can contact: Karl Davies, Corporate Recruiter via email – karl.davies@sabic.com
The application closing-date is 30th April 2024.
Please be informed that a reference check, an employment verification and E-assessment are part of our recruitment process. A Certificate of Good Conduct can be requested depending on the level of the role in our organization and/or function, allowing us to request depending on local regulations.
Responses from employment agencies will not be considered.
ABOUT FF (Polyvantis) - Röhm to form a leading global player for advanced film and sheet products – POLYVANTIS - Röhm (roehm.com)
Functional Forms offers high quality, market leading, engineered thermoplastic sheet and film LEXAN™ branded products across diverse industries, ranging from building and construction to consumer electronics. We focus on research and development with commercial partners and experts from leading academic institutions. Together we bring improvements that help customers make the world better, faster, lighter, and cost effective in ways that also protect the environment. We have an extensive global presence with around 700 employees, 9 manufacturing sites and presence in 19 countries.
Functional Forms looks to transform in the upcoming year(s)! We therefore seek people who have an entrepreneurial spirit and business wisdom. We are looking for Individuals who thrive in matrix organizations, process improvement, efficiency development, building, growing and have a business start-up mindset.
Do You want be part of an International, Diverse and Multi-skilled team working in a "can do" environment, where freedom and empowerment are Key to (Y)our Success?!
This journey is just getting started and we need your help!