FINANCIAL CONTROLLER

QUALIFICATIONS (Professional, Technical, Academic)
Essential:
Qualified Accountant (recognised International Qualification such as CA, ACCA or CIMA).
Qualified and experienced in Romanian accounting and compliance with fiscal authorities.
Experienced with local VAT and tax regulations.
Experienced in monthly management reporting.
Trained/experienced in US GAAP accounting.
Fluent in English language, written and spoken.
Preferred:
Knowledge/experience of operations.
Knowledge/experience of Sarbanes Oxley and other SEC requirements.

EXPERIENCE/COMPETENCE/SKILLS/KNOWLEDGE
Essential:
Relevant PC skills
Strong communication skills (both written & oral)
Ability to use initiative, judgement and work with minimum supervision.
Experience of supervising and motivating a team.
Strong knowledge and experience in accounting practice and theory
Experience of working closely with operational and other non-financial personnel.

Preferred:
Analytical awareness and problem solving skills
Knowledge of accounting systems, and experience in implementing a new accounting system.
Interested in business and operational issues related to finance.

On behalf of our Client, an important American petroleum company, we are looking for the position of:

FINANCIAL CONTROLLER, based in PLOIESTI
JOB PURPOSE
Responsible for the provision of accurate and timely financial accounts for our business company’s business in Romania:
i.To comply with local Romanian fiscal authorities.
ii.To comply with US financial reporting requirements.
Responsible for ensuring internal controls are in place and operating effectively, complying with company policy and SOX.
To provide Operations Management and the Region VP with meaningful financial reports to assist them in running the business, work with management team and advise on operational finance issues.
To develop and improve processes and procedures, including implementing new financial systems within the Finance function to improve accuracy and efficiency and comply with local and US policies.
1.To supervise local book-keeping for the Romanian branch and the Romanian legal entity, specifically ensure:
a.All cash transactions are recorded properly in the cash books and petty cash books, and in compliance with local regulations.
b.Timely and accurate processing of local purchase invoices, keep adequate records of all local invoices received, keep the chrono file up to date and submit to Germany in accordance with the deadlines.
c.Correct account coding for all expenditures. Ensure invoices and all expenditures are approved for payment in accordance with the Grant of Authority.
d.Timely payment of local purchases, and preparation of on-line banking payments where appropriate.
e.Proper controls and processes are in place for approval and payment of employee expense reports, ensure the correct forms are completed, all receipts are attached and ensure these are approved in accordance with the Grant of Authority.
f.Inventory and asset records are properly kept in accordance with local regulations.
g.The accounting records held by local accountants (BDO) are consistent with those held by the Finance Department in Germany.
2. Work with accounting office in Germany to ensure monthly reporting deadlines are met and all financial information is forwarded on an accurate and timely basis.
3.Provides the Region VP and Operational Management with advice and assistance:
a.In the form of financial analysis to all levels of operations management, as needed for interpretation of results, quotations and sales bids, and project evaluations including the economic justification for capital expenditure (AFE’s).
b.In the preparation and issue of revenue and expense budgets.
c.Assists management in identifying potential areas for cost reduction and improvement in business performance and profitability.
d.Assist in preparation of rolling forecasts, and other reports as required.
Supervises the monitoring and improvement of internal controls necessary for the custody and efficient management of all assets, trade receivables, inventory and fixed
assets in Romania
a. Monthly balance sheet reviews, resolve reconciling items.
b. Monthly reviews, investigations and reports to management on significant variances to forecast and prior months results for revenues, cost of sales and expenses.
c. Prepare monthly Controllers Report (commentary on results).
d. Answering queries from Corporate, product line, local and regional management.
e. Information to meet statutory, legal and tax requirements.

ARC Business Solution is an executive search company, established as a result of the large request of qualified and experienced personnel for international projects.

With our experience and capabilities we convert customer requirements and expectations into customer satisfaction. Our knowledge about different industries and Industrial engineering ensures a competent and strong analysis of our Client’s expectation.

Through its cooperation, ARC Business Solution covers many European, American and Middle East countries.

www.arcrecruitments.com