CHIEF ACCOUNTANT

Company Description

When Red Bull was founded in Austria in the mid-1980s, it marked the launch of not only a new product but also a unique marketing concept. The first can of Red Bull was sold in Austria in 1987, creating an entirely new category of products: energy drinks.

Today, Red Bull operates in more than 175 countries, selling over 11.5 billion cans a year and still growing! Above all, our people remain the essential ingredient in bringing the Red Bull brand to life. In Austria, more than 2,000 people, representing over 60 different nationalities, work together to grow the brand and deliver excellent products and experiences by giving wings to people and ideas.

Job Description

1. General:

• Guarantees 100% compliance with all relevant local legislation (e.g.: statutory accounting standards, tax law, civil law) and internal group accounting guidelines.
• Ensures that the accounting is correct, transparent (within the organization and towards HQ) and complete (including appropriate accruals/deferrals). The financial statements must present a true and fair view of the financial position, financial performance and cash flows of the reported period.
• Assures timely submission of accurate financial information to all stakeholders (e.g.: tax authorities, other local authorities).
• Assists the Finance Manager in proactively managing the year end audit process and the external auditors to secure clean Early Warning Memorandums and clean Management Letters strictly avoiding an “Emphasis of Matter” or a “Qualified Opinion”.
• While maintaining quality, continuously drives efficiency by streamlining processes (within Accounting and beyond Accounting) and the use of available tools.
• Ensures that the accounting operations are fully integrated from a process, systems and control perspective.
• Supports the Finance Manager in establishing an effective tax management in cooperation with the tax specialists in HQ and external tax advisors.
• Prepares and distributes a report on the cash flow and the working capital development.

2. Bookkeeping:

• Maintains the fixed asset register and supervises the asset accounting in the fixed asset ledger.
• Manages the accounts payables ledger as well as the periodic payment runs while ensuring segregation of duties.
• Controls the accounts receivable ledger and the dunning process.
• Supervises the bank statement postings as well as the reconciliation of the bank accounts and petty cash.
• Reconciliation of all tax accounts.
• Guarantees the timely and accurate reporting to local authorities.
• Maintains the general ledger.

3. Period Closing:

• Responsible for the timely compilation of the monthly and annual closings including the communication of the closing timetable within the organization.
• Carries out depreciation runs, posts all accrual and deferral entries as well as revaluations, write offs and provisions.
• Reconciles all clearing and intern company accounts.
• Carries out any other period closing postings.
• Prepares the annual statutory financial statements.
• Conducts a thorough review of all monthly reports and financial statements prior to the submission to HQ or authorities in order to make corrections if needed.

4. People Management:

• Builds a team of highly engaged and motivated people.
• Develops and updates regularly the job descriptions for all Accounting staff.
• Ensures that sufficient resources are in place and each position is held by a person with the appropriate qualification.
• Agrees on annual objectives and links variable pay to the achievement levels.
• Holds bi annual performance reviews giving clear, honest and fair feedback.
• Promotes development, internal trainings to elevate knowledge levels within the team.
• Assures that all key processes are documented in writing and that checklists are being used.

Qualifications

• Holds a relevant accounting qualification (Certified Management Accountant).
• Minimum of 5 years of relevant accounting experience in a similar organization.
• English language skills
• Vast knowledge of all local tax regulations, local GAAP and IFRS
• Strong leadership skills
• Capable of communicating precisely, effectively and convincingly based on facts with internal and external stakeholders
• Desired to have knowledge in BI SAP
• IT literate and SAP HANNA knowledge