R2R finance specialist

Job Req ID: 39693

Posting Date: 27 Sep 2024

Function: Finance

Unit: Finance & Business Services

Location:Building 31, Budapest, Hungary

Salary: Competitive with Benefits

Recruiter: Réka Vajna

Why BT?

We’ve always been an organisation with purpose; to use the power of communications to make a better world. You can trace this back to our beginning as pioneers of the world’s first telecommunications company. At our heart we’re a technology company with research and innovation in our bones and a desire to be personal, simple, and brilliant for our customers - those are the values we live by whilst also creating an inclusive working environment where people from all backgrounds can succeed.

Our pursuit of progress over the past 180 years has established BT as a strong, successful brand, with huge scale capable of achieving great things. From supporting emergency services, hospitals, banks and keeping economies around the world online, safe and secure, to delivering large scale technology infrastructure like the creation of BT Sport.

Today in this fast changing, always on, digital world our purpose remains true. Yet the market conditions, regulation and competition we face are tougher than ever before. So if you have the drive, optimism and resilience to help propel us forward we’ll offer unrivalled personal development, a wealth of opportunities to learn, experience new things and pursue new careers. If that’s you and what you’re looking for, we’d love you to be part of our future.

Why this job matters

As Finance Specialist you will be responsible for:

The monthly management reporting to the UK, budgeting and forecasting for the Regional Enterprise business and be able to explain variances against prior periods, budget and latest forecasts. Furthermore you will have oversight and management responsibilities to ensure the financials are in accordance with group and statutory accounting principles (IFRS and country/local statutory accounting principles) and responsible for tax and regulatory compliance within the region.

Establishing and maintaining internal controls to achieve the objectives of effective and efficient operations, reliable financial reporting, and compliance with applicable laws and regulations. Consistently applying the internal control standards to asses and meet our internal control objectives.

What I’ll be doing – your accountabilities

• Analyse Balance Sheet performance and driving optimisations
• Balance Sheet review and sign-offs
• FCM reviewer and sign-off
• Preparation of annual, consolidated statutory accounts;
• Annually reviewing the CIT returns (in liaison with Deloitte E&Y and Tax manager);
• Conduct/coordinate annual tax related sample testing;
• Maintaining, testing and updating the NL tax control framework;
• Responsible for operating and sign-off on Controls related to BT Global Europe BV
• Coordinating the audits together with GFFS and liaison with the external auditors KPMG;
• Regulatory reporting (e.g CBS, DNB and ACM);
• Main point of contact for Group Finance teams
• Liaison with Deloitte/E&Y on all tax related items;
• Liaison with sales teams and GFSS on accounting issues;
• Finance related (ad hoc) projects related to BT Global Europe BV or BNLN Region;

Key Stakeholders:

• CFO Benelux & Nordics;
• Finance controller Benelux & Nordics.

Skills and experience required for the job

• Degree in Business Administration, specialized in Finance/Accounting, or equivalent
• Relevant experience in a complex Finance environment (5yr+ min.)
• Strong accounting skills, both IFRS as well as Local GAAP; Experience in preparing annual accounts for statutory reporting;
• Knowledge of VAT, Corporate Income Tax,
• Excellent problem solving capability
• Experience with ERP system, preferably SAP and Oracle
• Experience in Management reporting;
• Excellent analytic skills to analyse the Balance Sheet and Profit and Loss and explain variances against prior periods, forecast and budget;
• Knowledge of VAT, Corporate Income Tax,
• Excellent communications skills;
• Experience with ERP system, preferable SAP and Oracle;
• Extensive knowledge of MS Office (Excel);
• Experience in a multi-country/multi-cultural environment in Europe is considered a plus;
• Mature, well-organized and a self-starter with hands-on mindset;

About us
BT is part of BT Group, along with EE, Openreach, and Plusnet.
Millions of people rely on us every day to help them live their lives, power their businesses, and keep their public services running. We connect friends to family, clients to colleagues, people to possibilities. We keep the wheels of business spinning, and the emergency services responding.
We value diversity and celebrate difference. ‘We embed diversity and inclusion into everything that we do. It’s fundamental to our purpose: we connect for good.’
We all stick to the same values: Personal, Simple, and Brilliant. From day one, you’ll get stuck in to tough challenges, pitch in with ideas, make things happen. But you won’t be alone: we’ll be there with help and support, learning and development.
This is your chance to make a real difference to the world: to be part of the digital transformation of countless lives and businesses. Grab it.

A FEW POINTS TO NOTE:
Although these roles are listed as full-time, if you’re a job share partnership, work reduced hours, or any other way of working flexibly, please still get in touch.
We will also offer reasonable adjustments for the selection process if required, so please do not hesitate to inform us.
DON'T MEET EVERY SINGLE REQUIREMENT?
Studies have shown that women and people who are disabled, LGBTQ+, neurodiverse or from ethnic minority backgrounds are less likely to apply for jobs unless they meet every single qualification and criteria. We're committed to building a diverse, inclusive, and authentic workplace where everyone can be their best, so if you're excited about this role but your past experience doesn't align perfectly with every requirement on the Job Description, please apply anyway - you may just be the right candidate for this or other roles in our wider team.