Head of Financial Reporting and Accounting

Budapest is host to KPMG Global Services Hungary (KGSH), KPMG’s international center of excellence for VAT compliance solutions. Our team of multicultural professionals provides coverage in more than 40 countries with relevant language and technical skills.

KPMG Global Services Hungary (KGSH) is supporting the KPMG Delivery Network (KDN). KPMG created KDN to provide large-scale, cross-functional capabilities and technology through a network of global delivery centers. KDN encourages global consistency and provides services and tools across Tax and Legal Services, Audit, and Advisory at a consistently high quality and at a competitive price point. It includes a multi-tiered global sales and delivery support network that transforms how KPMG firms and people work together. Our extensive network of dedicated KDN professionals has the depth and breadth of knowledge necessary to play a key role in the future of global productivity tools.

What we offer*:

• 2 days home office opportunity and flexible working hours
• Private health care coverage including dental services (Medicover)
• Eyeglasses compensation
• Collective life and accident insurance
• Wide range of Cafeteria elements (such as SZÉP Card, MOL Bubi, MOL Limo)
• Annual bonus may be awarded based on your and the Firm’s performance
• Company car/car allowance
• iPhone14 with subscription
• Referral bonus
• Internal coaching opportunity
• Sports opportunities and All You Can Move sportpass availability
• Compensation for long-distance commutes (for those who commute to work from outside the city limits)
• Relocation support for foreign candidates
• 3 paid days for volunteering and CSR activities
• In-depth professional training from beginner to advanced level
• Opportunity to participate in English and Hungarian language courses

*Elements should be in line with company guidelines and policies.

Tasks and responsibilities:

• Enable KDN's growth through improving/developing scalable back-office functions to keep pace with KDN's growth objectives
• Act as the primary owner for finance process design and re-design ensuring quality of financial records is maintained
• Work to improve KDN's financial control environment through design and implementation of key controls throughout critical processes
• Serve as in-house technical accounting expert with particular focus on acquisitions (IFRS 3 accounting), Loans and funding (IFRS 9 accounting) and Leases (IFRS 16 accounting)
• Primary Finance contact for all AE&I activities related to taking new acquired entities and built out delivery centers live within the KDN finance environment
• Provide technical accounting support and guidance for all AE&I activities as necessary
• Serve as Performance manager within KDN finance organization, and play a pivotal role as a key contributor driving any change in the structure of the finance team (eg. expansion of the finance team)
• If necessary oversee AR/AP and Treasury functions
• Coordinate and serve as primary KDN contact for all statutory and group audits
• Oversee preparation and review of all audit PBC documentation
• Hold primary responsibility for the creation and accuracy of all KDN Group and subsidiary financial statements
• Responsible for the monthly and annual closing process and supports monthly and quarterly management reporting requirements
• Serve as primary relationship owner for all KPMG advisors in the areas of accounting advisory and financial reporting
• Oversee quality of accounting for KDN entities
• Review and approve weekly payment supporting documentation in rotation with other members of the Finance team
• Approve and Release payments from all KDN bank accounts
• Own or assist in preparing finance policy documents and guidelines, process maps and reporting templates
• Work with service providers on enhancing finance and accounting systems and implementing new functionalities and reports
• Support indirect and direct tax teams with information for corporate direct/indirect tax filing

Requirements:

• Min. 7 years progressive financial and management accounting experience
• People management experience
• Familiar with a wide range of finance processes
• Operational finance experience is an asset
• Knowledge of IFRS, internal controls and SOX requirements
• Financial reporting experience preferably for large UK based groups
• Knowledge of SAP is preferred
• Possess advanced Excel skills
• Degree in business/ finance/ accounting
• CPA/ ACCA or other comparable accounting qualification