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Accounting Lead
Job description
A Day in the Life
Working at H&M means no two days are ever the same, but a typical day will include the following responsibilities*
Financial Statements/ Financial Reporting
- Intercompany transactions and reconciliations
- Routines for fixed asset bookings and depreciation calculations
- Ensure monthly, quarterly, and annual reports and financial statements
- Initiate and carry out general ledger bookings
- Monitoring, analyze and work with reconciliations
- Work related to travel claims and pay in pay out
- Maintain contact with other accounting departments and functions within H&M
- Communicate with auditable external authorities
- Report to the group according to IFRS
- Establish monitoring routines for accounts receivables (reconciliations, recalculations and working papers)
- Report information required by the global accounting team
Taxes and Cash Flow
- Work in accordance with VAT & Corporate Tax & Withholding Tax rules
- Take part in liquidity planning and align with policies and initiatives of H&M
- Prepare and update cash flow weekly
- Ensure the tax declaration, payments and VAT
- Annual tax declaration
- Relationship with local banks
- Ensure tax refund processes
- Invoicing/Electronic Accounting Compliance
- Ensure Payroll payment
Team Leadership
- You lead you colleagues in the daily work, train when needed and develop your team accordance with H&M guidelines and values
Required skills
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