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Finance Administration & Tax Manager

Job Location: ​Brussels​

Company description

Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella®, Tic Tac®, Ferrero Rocher®, Raffaello®, Kinder Bueno® and Kinder Surprise®. As the love for our brands continues to grow, so too does our global reach. Represented in 55 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? Nearly 35,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them. 

Diversity Statement

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.

About the role

Assure accounting quality, in compliance with tax and accounting law constraints as well as correctly applying internal controlling rules. Supervise all the "Procure to Pay" and "Order to Cash" processes, ensuring the proper management of administration issues as receivables, payables. Responsible for proper treasury and credit management in compliance with Group guidelines.

Responsibilities

GENERAL ADMINISTRATION

  • Execute general, suppliers and clients administration activities, posting on fixed asset, on inventory movements and other related activities
  • Manage the receivables and payables accounts, billing and invoicing, as well as client’s credit analysis, aging preparation, payment analysis and reconciliation, etc. 
  • Execute general, suppliers and clients administration activities, posting on fixed asset, on inventory movements and other related activities

INTERNAL AUDIT

  • Supervise the deployment of Internal Audit rules 
  • Assure compliance with legal constraints in order to safeguard Company assets and avoid dishonest behaviors

TREASURY 

  • Guarantee the correct application of civil-fiscal principles and norms as regards all treasury issues
  • Supervise various activities related to the management of cash, short term borrowing and investments
  • Plan the organization's financing needs and provides for those needs by issuing securities
  • Paying dividends

FINANCIAL STATEMENT CLOSURES

  • Supervise monthly closures and ensures the respect of deadlines
  • Assure that accounting flows are compliant with Group reporting standards
  • When exceptional expenses concerning production service and related activities occurs, provide a related quantitative evaluation, in order to define balance adjustments

INVENTORY

  • Provide support in the execution of Plant related Group assets’ inventory activities according to Group guidelines
  • Share outcome with Group accountable figure in charged for approval

FINANCIAL INFORMATION

  • Ensure the reliability of Plant data management
  • Detect anomalies within financial information systems, communicates with involved Departments to determine causes, provides detailed corrections on financial data and propose durable improvements
  • Present to Plant Management reports on Plant financial status

TAX MANAGEMENT

  • Involve and monitor the relationship between the Company’s tax affairs and its Corporate reputation.
  • Work with the various teams in mitigating Tax Risk for their activities
  • Monitor changes in legislation impacting the business from the tax risk management perspective
  • Analyse the consequences of new tax regulations and consequently recommends actions
  • Support in the definition of tax policies and operations underpinning on the analyses of tax implications of the Ferrero Group's activities, projects and investments

INSURANCES

  • Manage all insurance dossiers in order to safeguard Company assets
  • Manage accident follow-up

CREDIT MANAGEMENT

  • Manage the Country Credit Function, monitoring and reporting the commercial credit exposure
  • Perform creditworthiness evaluation for all new customers, according to the Group methodologies 
  • Develop and maintain a system credit losses reporting and performs debt collection by negotiating with main credit-impaired debtors in order to recover due amounts
  • Activate product delivery locking for all credit-impaired debtors and decides about delivery unlocking in relation to low risk profile debtors

MANAGEMENT OF BPO

  • Is responsible for the local BPO operative model locally and maintains relations with outsourcer, supporting Group BPO Manager on local projects, development and services released in the Business Process Outsourcing.
  • Monitor BPO activities within the Ferrero's organizational structure (non-administrative entities) 
  • Update and develop the Operational Manual requirements promoting the formal validation of the modifications by the parties (Admin Ferrero & outsourcer) to enable the effectiveness of the outsourcing service

COMPLIANCE/BOD

  • Ensure that activities related to the function comply with the relevant acts, legal demands and ethical standards & Ensure compliance with all external Regulatory Authorities 
  • Organize, prepare agendas and papers for board meetings, committees and annual general meetings maintain statutory books, including registers of members, register of shareholders and monitor changes in share ownership of the company

How to be successful in the role and at Ferrero:

Consumers, quality and care are at the heart of everything we do. So, to be successful at Ferrero, you’ll need to be just as consumer and product centric as we are - dedicated to crafting brilliant results for consumers around the world. 

Who we are looking for:

  •   ↵About 15 years of experience in FMCG or big international companies as Country Finance Administration Responsible / Country Chief Account Officer
  • Relevant experience as Manager (the person will manage a team of 7 people)
  • Capacity to manage pressure & high expectation from the local BU or Group Project Management
  • Excel expert
  • SAP
  • Fluent English & French mandatory. Dutch is a plus
Requisition ID
28784
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