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This position is accountable for the development, implementation and maintenance of the necessary procedures and systems for the financial control of the Swiss entity, and the safeguarding of assets, including automated systems; directing the preparation and analysis of financial statements; ensuring the implementation of adequate cost controls and control systems; directing and managing cost accounting, tax accounting and financial accounting and reporting.
This position is a primary contact with the corporation's external auditors and is responsible to ensure compliance with International Financial Reporting Standards (IFRS) and provides interpretation and recommendations on International Accounting Standards Board (IASB) directives.
Nature of the Job
* Evaluate alternatives, develop strategies and implement recommendations that ensure Elliott complies with IFRS, IASB, local GAAP, JSOX directives and various tax jurisdiction regulations.
* Consolidate, analyze and report the financial performance of the Business Unit in a timely and accurate manner.
* Design and implement policies and procedures to ensure an adequate internal control structure while safeguarding corporate assets (cash and collection of, working capital, IP, reputation, FCPA exposure)
* Provide regular and consistent reporting guidelines to the business unit.
* This is a position that requires flexibility to handle various financial and special projects throughout the organization including, capital expenditure analysis, joint venture analysis and inter company policy creation and implementation.
* Direct risk-based safety within the team.
* Control of FCPA exposure, anti- bribery legislation, legislation and practice that eliminates price fixing and cartels, Border and Visa legislation and practice.
Internal and External Interface/Contacts
Internal
Regular contact with senior management including the EMA Controller, Global Controller, Global Treasurer, the Business Unit leaders, all levels of Finance organization as well as other levels of the organization;
External
External auditors, consultants, tax advisors and financial institutions.
Supervision
There are no direct reports for this role as the employees are based in the Shared Service Center.
Job Responsibilities
* Establish and implement accounting policies, practices and procedures, resulting in compliance with IASB and applicable GAAP (local and IFRS), ensure timely and accurate financial statements.
* Direct systems of internal control resulting in the safeguarding of corporate assets and compliance with corporate policies, relevant laws in regulations.
* Direct the efforts of tax accounting and tax planning to minimize effective tax costs, and to comply with reporting requirements in a timely manner across all countries that the entity is active in.
* Direct the development and implementation of effective and efficient automated accounting systems.
* Ensure the integrity of all manual and automated systems as they apply to the financial well-being of the corporation.
* Review and approve calculations establishing standard costs for material, labor, burden and contract development. Ensure accurate inventory evaluations.
* Analysis and recommendations for corrective actions concerning performance against financial plan.
* Direct the financial analysis and evaluation of business investments, including capital expenditures.
* Advise and direct the completion of special projects as assigned by the EMA Controller.
* Assure appropriate transfer pricing rules devised and imposed to properly share risk and profitability.
* Establish effective practices to track percentage completion on long term contracts.
* Integrate new acquisitions into the appropriate corporate operating policies and procedures.
* Direction and control of cash collection and the Treasury functions
* Direction and management of the Insurance portfolio
* Management of the payroll provider.
* Responsibility for ensuring company registrations are kept up to date.
* Responsibility for the local part of the ERP financial system.
* Preparation of entity cash flow.
* Bachelors in Accounting or a similar accounting qualification is required.
* Proven diversified financial/accounting experience is needed, including experience in manufacturing and service environments, though work experience in other operating areas is desirable.
* A high level of analytical skills are essential, as are good communication skills.
* Knowledge of policies and procedures, corporate governance requirements, plus strong and well-structured administrative skills are very important.
* Of equal importance, is the ability to coordinate and organize large quantities of data within tight guidelines / deadlines.
* Qualification of CPA or ACCA is preferred.
* Fluency in both English and German languages is mandatory.
Base Location & Work Schedule
This is a full time permanent hybrid position in Lachen, Switzerland.
The world turns to Elliott.
Customers throughout the world choose Elliott for the design, manufacture and service of their critical rotating equipment. Elliott’s global service network routinely installs, overhauls, repairs, upgrades and rerates machines from any manufacturer. Customers everywhere turn to Elliott for precision engineering, extraordinary reliability and unparalleled service.
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Finance
* Industries
Industrial Machinery Manufacturing, Manufacturing, and Machinery Manufacturing
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