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H&M

Global fast-fashion retailer of affordable clothing

Accounting Manager

Financial AccountingPosted on Nov 9
Full-timeWarsaw, PolandNo salary listed

About the Job

Requirements

  • At least 5 years of accounting experience; retail or a similar sector such as FMCG is preferred.
  • Strong knowledge of International Financial Reporting Standards (IFRS), accounting concepts, accrual accounting, and revenue recognition.
  • A solid understanding of tax laws and regulations, including tax planning, tax returns, deductions, and credits.
  • Knowledge of audit processes and internal controls, including performing internal audits and implementing procedures to safeguard assets and prevent fraud.
  • Ability to manage multiple tasks accurately while meeting deadlines.
  • Excellent written and spoken English.
  • Proficiency in accounting software; SAP and Trintech Cadency are preferred.
  • A bachelor's degree in accounting or finance is required; a master's degree combined with equivalent accounting experience is preferred.
  • Certified accountant qualification.
  • Ability to plan operational activities around calendar deadlines, analyze process flows and data outputs, and motivate a team.

Responsibilities

  • Ensure accurate and timely completion of financial statements, including balance sheets, income statements, and cash flow statements.
  • Establish and enforce appropriate accounting methods, policies, and principles.
  • Ensure backup processes are in place for finance-related operations and local gaps.
  • Provide financial insights, support decision-making, and collaborate on projects and initiatives with financial implications.
  • Provide accurate and timely financial information to support the organization's financial success and stability.
  • Review journal entries, reconcile accounts, verify financial transactions, monitor the general ledger for discrepancies, and take corrective action.
  • Oversee remaining accounts payable and accounts receivable processes.
  • Monitor and manage cash flow to support daily operations and strategic investments.
  • Ensure corporate tax and VAT declarations and payments.
  • Participate in the day-to-day operations of the accounting department.
  • Lead accountants to ensure efficient workflow, timely task completion, and adherence to accounting principles and standards.
  • Contribute to continuous improvements that enhance financial reporting capabilities.
  • Collaborate with the shared service center and local accountants and consultants across Poland, Hungary, the Czech Republic, and Slovakia.
  • Assign responsibilities, provide guidance and support, and conduct team performance evaluations.
  • Maintain existing internal accounting policies and create new policies as needed.
  • Stay current with accounting regulations and standards, including generally accepted accounting principles and IFRS.
  • Assess financial risks and develop mitigation strategies to support financial stability.
  • Coordinate and complete annual statutory, customs, and tax audits; recommend and implement improvements, initiate corrective actions, and ensure audit findings are resolved on time.
  • Implement and follow control procedures to safeguard assets, prevent fraud, and ensure accurate financial reporting.
  • Monitor changes in local regulatory requirements, including tax laws, financial reporting standards, and industry-specific regulations, and update local procedures and ways of working accordingly.
  • Collaborate with accounting managers and senior accountants across HUB East Europe to support accurate, compliant, and efficient accounting processes.

Desired Qualifications

  • Experience in retail or a similar sector such as FMCG.
  • A master's degree combined with equivalent accounting experience.
  • Familiarity with SAP and Trintech Cadency.
  • Additional language skills.

About the Company

H&M

Global fast-fashion retailer of affordable clothing

H&M is a global fashion retailer that sells affordable, trendy clothing and accessories for men, women, teens, and children through both online and physical stores. The company works by maintaining a fast, efficient supply chain to bring runway-inspired styles to customers quickly and at competitive prices, supported by large-scale production and a broad global footprint. It differentiates itself with its extensive international reach, ability to offer a wide range of products for the whole family at low prices, and a focus on sustainability, including eco-friendly lines and recycling programs. The goal is to provide fashionable, quality apparel at accessible prices to a diverse customer base around the world while reducing environmental impact through responsible practices.

Company size
10,001+
Company stage
IPO
Headquarters
Stockholms kommun, Sweden
Founded
1947

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