Ensure that the legal entity financial reporting is prepared on a timely manner in accordance with
both KONE Accounting Standards and statutory requirements.
· Ensure that all defined tasks in the month-end closing process executed by finance operations
partner(s), KONE Business Services and the finance Global Process Owners (GPOs) are
performed for a unit
· Collaborate with the finance operations partner(s), KONE Business Services (KBS) and finance
GPOs on close activities, providing local business insight and supporting evidence on account
movements
· Review and approve key reconciliations journal entries and the bridge between KONE Reporting
(IFRS) and statutory reporting
· Ensure that proper balance sheet reconciliation is prepared for the legal entity in accordance with
the KONE balance sheet reconciliation policy
· Ensure timeliness, completeness and accuracy of both legal entity and business line/unit results
and forecasts in KONE consolidation system (CPM Beacon) in collaboration with business
controllers
· Organize and run periodic financial performance and balance sheet reviews with Finance Director,
Business Controllers, KONE Business Services and finance operations partner(s)
· Ensure forecasting of statutory income statement and balance sheet items, bridging between
business forecasting and legal entity view
· Ensure execution of unit specific internal control activities (execution of local internal control
activities, relevant documentation and appropriate monitoring activities as defined by global KONE
internal controls framework)
· Ensure that statutory and tax reporting are filed in accordance with both, the local legislation and
globally agreed timelines
· Ensure that annual dividends are distributed in accordance with the KONE dividend policy
· Manage audit process ensuring that both group as well as statutory audit is conducted in
accordance with globally defined scheduled and scope
· Continuous follow-up of local legislation and understanding of potential impacts to our business
and financial reporting. There should be proactive communication of these on to both, local and
global stakeholders
· Act as the first point of contact for local authorities
· Approve payment proposals and authorize manual payments in accordance with KONE policy
· Collaborate actively with finance GPOs, KONE Business Services and finance operations
partner(s) to resolve process issues or exceptions. Ensure that KONE global finance processes
and improvement initiatives are implemented in unit in line with global policies and process
blueprints
· Identify and forecast FX exposure and agree on hedge plan with KCO treasury
· Actively participate in relevant mergers & acquisitions related activities in cooperation with the
global KONE M&A team
· May lead a team of financial professionals
· Providing actionable insights on financial performance of unit to the Finance Director, Business
Controllers as well as business leaders on a day-to-day basis
· Participate to selected business meetings to build detailed understanding of unit business
performance and related topics. Provide accounting expertise as needed.
· Advise business on bank guarantees, provide approvals, and collect back bank guarantees
· Gain understanding of FX exposure and potential impacts for a unit and advise business in FX management in projects · At month-end, review and summarize legal entity financial result and performance and balance sheet in cooperation with business controllers to validate completeness and accuracy of both financial and management reporting and forecasting.
Are you the one?
· Preferably university degree in Finance or relevant field
· At least 4 years of professional experience
· Fluent English skills
· Strong communication skills
· Strong collaboration, coordination, and networking skills
At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.
Read more on www.kone.com/careers