position
To prepare and implement accounting regulations within the Group and comply with reporting tasks in accordance with International Financial Reporting Standards (IFRS), with special focus on financial instruments (derivatives, hedge accounting, structured deals, etc.).
Tasks:
- Prepares, analyzes and implements accounting policies and practices relating to MOL Group trading activities (commodity, power, foreign exchange under IAS 32 and 39); elaborates and prepares hedge documentation and effectiveness testing
- Supports the most effective accounting and tax treatment of these activities under accounting and tax legislation
- Cooperates with Risk Management, Trading and Treasury functions within MOL and its subsidiaries
- Participates in strategic initiatives (due diligences, acquisitions, divestitures, financial projects in domestic and foreign environment)
- Supervises monthly, quarterly and annual consolidation and IFRS reporting processes, prepares consolidated financial statements and quarterly stock exchange reports of MOL Group
- Prepares uniform, best practice accounting and consolidation procedures on Group level
- Supports functional integration between MOL Group members
- Reviews and comments Group regulations and complex transaction contracts
- Operates work-teams and participates in project teams
- University or college degree in finance or accounting
- Excellent knowledge on international and domestic accounting standards, regulations and best practices as well as consolidation procedures
- Special expertise in practical application of IAS 39 and IAS 32 (fair valuation, hedge accounting, effectiveness testing etc.)
- Professional English
- At least 5 years professional experience, or 3 years with specialized (international reporting, trading or banking) background
- General financial expertise
- Focus, creativity, openness for new information
- Excellent verbal and written communication
Advantages:
- Experience in oil, gas or power industry
- ACCA qualification
- Knowledge on SAP R/3
- Experience in multinational companies or international environment
- Focus on delivering results and time management
- Conflict-management
- Problem-solving attitude
- Analytical skills
Your HR Recruiter Partner: Klára Kövér (06-1-464-1186)
Submission deadline for application: 2010.01.15.
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