Accounting Lead

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