Senior Accountant - Record to Report at Grundfos

Senior Accountant - Record to Report

Application Deadline:

Budapest, HU, 1062

Contract Type: Full-Time
Working Hours: 40
Employment Type: Regular

Grundfos is one of the largest Danish companies, famous for its market leader pump manufacturing activities worldwide. We contribute to global sustainability by pioneering solutions to the world’s water and climate challenges and improve quality of life for people.
At Grundfos Shared Services, we are passionate to increase efficiency in our financial processes. As an integrated part of the global finance organization, we strive for excellence through applying industry best practices. We are servicing companies in Europe, Middle-East, Africa and America for the greater good of Grundfos.

Record to Report Department

You will become a valuable member of our Record to Report (RtR) Department. The department is situated in Budapest playing an important role in our global finance organization. The department runs the following processes: month-end closing, stock, intercompany, reporting, audit support, fixed asset, master data and indirect tax. Apart from these processes, you will have the chance to participate in various process development projects as well.

What is the job about?

As a Senior Accountant, you will be overall responsible for the RtR activities of the assigned companies, you will ensure true and fair picture of the books, acting as gatekeeper for RtR activities during month-end closing.

Among other exciting tasks, you will:

  • Lead the operation of accounting activities and ensures the timely fulfilment of all reporting requirements and compliance related requests according to Grundfos accounting principles
  • Perform analytical tasks and communicate results to stakeholders to support the entity in the financial reporting process, ask the right questions related to unusual balance movements
  • Drive and control MEC and YEC, act as single point of contact
  • Provide functional support for handling escalations and propose further actions if needed
  • Support audit in case of questions, represents the FSS activities related to the entity
  • Coordinate and lead migration activities and enforce standard process splits are followed
  • Ensure that documentation is complete, up-to-date and available
  • Be responsible for analyzing CPI-s/KPI-s and following up problems, and proposing necessary corrective actions
  • Operate one finance team and Finance Delivery Model, organise collaboration forums, care for meeting documentation
  • Allocate and prioritise tasks among team members to meet deadlines and quality standards
  • Take responsibility over the quality of the books, by reviewing controls and reconciliations
  • Seek for continuous improvement opportunities to enhance effective MEC, processes and increase the quality of service

What do you need to apply?

  • You hold a Bachelor’s or Master’s Degree in Finance or Accounting
  • You have at least 4-5 years of relevant work experience
  • You possess strong accounting knowledge
  • You have experience in process migrations and scope extension processes
  • You have solid stock and inventory revaluation knowledge
  • You have a proven record of Balance Sheet reconciliation experience
  • You are fluent in English
  • You have a good understanding of SAP
  • You have strong MS Excel skills

Furthermore, it is an advantage if:

  • You have an ACCA/CIMA certificate
  • You have a Chartered accountant certificate in Hungary
  • You have knowledge of another European language

Additional Information

If this job sounds appealing to you, please send us your resume and motivation letter by clicking on ‘Apply’.
If you want to dig deeper into the Grundfos universe, please visit us on or or on our local pages

We look forward to hearing from you.

About Grundfos

Grundfos is one of the world’s leading water technology companies with more than 19.000 employees in 60+ countries all over the world. Our skills commit us to pioneering solutions to the world’s water and climate challenges and improve the quality of life for people. We dare to do things that others cannot or dare not do, as we believe innovation is not only a business opportunity, but an obligation. And what really matters to us is not short term profit, but the impact we make. By becoming part of our united powerful team, you too can drive this change no matter your role.

An inclusive team

If you like the look of this job and know you can bring your skills to contribute to our purpose, please apply. We need and welcome professional people from all corners – however you identify and whatever your background is.

Remember to mention that you found this position on UU CareerGate