The Consumer Products division of this local Hasbro entity provides services for the licensing business of Hasbro International Inc. (HII). This is a remote based role but with the expectation that someone is able to travel to our Uxbridge office as needed.
Main Purpose:
To assume responsibility for the accounting within the Shared Service Centre ("SSC") for the UK sales market, UK entity, European cost entity and the large sales entity under the supervision of the Financial Accounting Manager ("FAM"). Accounting for US GAAP, statutory accounting, external tax and VAT reporting for these regions. This includes maintaining internal controls to ensure all accounting entries are made in accordance with US GAAP and UK GAAP, Corporate Accounting Policies, account analysis and reconciliation and completion of financial reporting templates and online submission.
Responsibilities:
* Be the first point of contact for all accounting tasks associated with UK sales market, UK trading entity, European cost entity.
* Assist with the general overview of the large European sales entity.
* Manage an associate financial accountant.
* Assist the FAM with any other countries that are within their scope.
Financial Accounting:
Hold overall accountability to produce monthly, quarterly and annual reporting requirements for entities under responsibility in line with US GAAP and corporate policies and procedures (corporate reporting on a Legal Entity basis, as well as management reporting based on Business Areas). This role will require assuming responsibility for all areas of Hasbro European Trading Company.
UK Market:
* Prepare final balance sheet reconciliation and monthly package files identifying points for discussion and resolution prior to meeting with Financial Accounting manager & Local Market Finance.
* Challenge final draft templates (such as sales allowances, pre-payments and accruals) for review by Local Market Finance before submission; pass any required adjustments.
* Chair mid-month meetings with Local Market Finance to discuss business updates and requirements, pending issues to be resolved which impact the financials, internal control updates and manage the relationships between the SSC and Local Market Finance.
* Review journals prepared by the Local Market Finance ensuring the calculation is accurate and supporting documentation is of auditable quality.
Financial Accounting Work:
* Prepare and review balance sheet and P&L accounts periodically to ensure appropriate valuation and resolve any queries.
* Review all clearing, accrual & prepayment accounts to ensure that accounts used are regularly reviewed and cleared.
* Prepare appropriate reconciliation, account analysis and general ledger entries to enable the monthly reporting cycle to be completed on time and with accuracy.
* Review and approve all journal entries prepared by the direct report Assistant Financial Accountant.
Month-End Closing Process:
* Be the point of contact for Local Market Finance for markets under responsibility.
* Prepare monthly management P&L, perform limited analytical review in conjunction with the local market finance.
* Prepare monthly management package files identifying points for discussion and resolution prior to meeting with Financial Accounting Manager and Local Market Finance.
* Ensure online monthly financial submissions are in line with US GAAP and corporate policies and procedures.
* Investigate and reconcile monthly intercompany balance.
Balance Sheet Reviews:
* Prepare monthly balance sheet recs with supporting documentation ensuring a high quality and identify points for discussion and resolution prior to meeting with Financial Accounting Manager and Local Market Finance.
* Proactively lead the balance sheet review meetings and the mid-month meetings with local Finance teams and work to successfully action follow-up points.
Recharges:
* Understand the group trading structure and ensure all charges are raised on a timely basis and recorded accurately.
Payroll:
* Ensure payroll process runs by liaising with the HR department.
* Ensure all payroll accounting is accurate.
* Ensure all payroll reporting requirements are met.
VAT:
* For registrations in UK prepare accurate submission of quarterly VAT returns and POA.
* Investigate any VAT issues uncovered in the preparation of the submissions.
* Liaise directly with VAT team to assist with any changes in VAT legislation such as Making Tax Digital.
* Be the first point of contact for UK VAT for other departments in the business.
* Be the first point of contact for a HMRC VAT audit.
Taxes:
* Prepare US GAAP Tax schedules at year end for UK.
* Assist the external tax advisors with the preparation of the tax return for UK.
* Prepare PSA for UK.
* Assist the International Tax team with the preparation of the transfer pricing documentation for the UK entity.
Statutory Accounting:
* Review Statutory accounts for UK prepared by third party accounting.
* Ensure all statutory reports are prepared in accordance with local UK GAAP, reconciliation between Local GAAP and US GAAP agreed to year-end reporting trial balance.
* Actively manage the Stats process from start to government submission.
* Assume responsibility for year-end audit for UK entity and UK market for the US statutory GAAP audit.
* Liaise directly with auditors to provide necessary supporting documentation and resolve queries.
* Work with Internal audit department for UK entities under responsibility.
* Assume responsibility for the SOX controls for the Financial Accounting Area, including implementation of remediation plans.
* Take responsibility in ensuring all necessary Corporate Business processes are followed.
Audit & SOX:
* Assume responsibility for year-end audit for UK entity and UK market for the US statutory GAAP audit.
* Liaise directly with auditors to provide necessary supporting documentation and resolve queries.
* Work with Internal audit department for UK entities under responsibility.
* Assume responsibility for the SOX controls for the Financial Accounting Area, including implementation of remediation plans.
* Actively manage the Audit process from start to government submission for the local UK entity for UK GAAP.
General:
* Ensure the appropriate skills and competencies are demonstrated and provide support and challenge to SSPs to consistently achieve that level.
* Actively seek and support new methods of working, driving efficiencies in streamlining processes.
Hasbro European Service:
* Have direct supervision of Assistant Financial Accountant for this market.
* Assume responsibility for the review of the monthly journals, balance sheets and monthly final trial balance and submissions from the Assistant Financial Accountant and the Local Market Finance Team.
* Ad hoc tasks as directed by Financial Accounting Manager and Financial Accounting Controller.
Other:
* Ad hoc tasks as directed by Financial Accounting Manager and Financial Accounting Controller.
Our Values:
* Be legendary: practice excellence, improve on our legacy, create awesomeness.
* Build a well-rounded crew: inclusivity and diversity in both our teams and games.
* Delve into dungeons: embrace challenges with openness and creativity.
* Don't split the party: agree or disagree but commit. Collaborate and have respect for each other.
* It takes a multiverse: we are driven by the lifelong satisfaction of our fans.
We are an Equal Opportunity / Affirmative Action Employer.
The above is intended to describe the general content of and the requirements for satisfactory performance in this position. It is not to be construed as an exhaustive statement of the duties, responsibilities, or requirements of the position.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you are selected to move forward in our application process and need to request an accommodation, please let your recruiter or coordinator know. #J-18808-Ljbffr