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Commercial Accounting Manager

2 months ago


Prague, Hlavní město Praha, Czech Republic Kenvue Full time
Commercial Accounting Manager (EMEA)

Kenvue is currently recruiting for a Commercial Accounting Manager to join its EMEA Finance Operations team.

About the Role

This position reports into the Accounting Senior Manager and is based in Prague, Czechia. As a member of our Finance Operations team, you will have exclusive access to a network of financial professionals worldwide.

Key Responsibilities
  • Manage all activities related to commercial accounting, including sales, gross to net sales accounting, rebates and promotions accounting, billings, deferrals, reserves, sales reconciliations, and revenue recognition for EMEA region.
  • Manage the accounting operations related to Billed Marketing Expenses (BME) and royalties, ensuring the accuracy and integrity of revenue recognition in line with global accounting standards.
  • Maintain a deep understanding of the organization's revenue cycles and business models.
  • Monitor and ensure adherence to company policies and procedures to comply with Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) regulations.
  • Liaise with Legal Entity Controllers to ensure audit compliance and assist with any audit requests received.
  • Support ongoing improvements and automation projects within the Commercial Accounting team.
  • Remain updated with industry trends, changes in accounting rulings, and latest technologies to ensure the team is evolving as per industry standards.
  • Focusing on global standardization and optimization across all business units, collaborating regularly on the development and adherence to documentation and Standard Operating Procedures (SOP), with the key aim to implement and maintain one consistent, high-quality standard across regions.
Compliance
  • Participate in the audit process and liaise with Legal Entity Controllers to ensure sound financial practices.
  • Ensure adherence, monitor, remediate and align compliance responsibilities with stakeholders.
  • Manage, mitigate, and escalate risks on a timely basis.
  • Ensure strong internal controls are in place to achieve SOX compliance.
Leadership and People Management
  • Fostering collaborative relationships with essential functions such as Legal Entity Controllership, Business Unit Finance, Technical Accounting, and other Finance Operations Managers.
  • Engage with Business Process Outsourcing (BPO) partners to cultivate a One Team mentality, building positive relationships across the organization to deliver results and to drive best practice.
  • Manage the Commercial Accounting team and provide mentorship and training for career development.
  • As a member of the Finance Operations team, assist in attracting, developing, and retaining a highly competent, high-performing, motivated and diverse team.
  • Responsible for the retention and career development of direct reports.
  • Foster an inclusive work environment and is a visible proponent of all types of diversity and inclusion to drive value creation, performance, employee engagement and organizational health.
Travel
  • Up to 1-6% international travel.
Qualifications
  • Bachelor's level degree or equivalent is required, preferably in accounting or finance.
  • Fluent English, other language skills desirable, confidence in presenting to Senior Management in English.
  • 5-8 years of experience in accounting, problem solving, process improvement, and communication.
  • At least 2 years of Management / Supervisory experience.
  • Strong interpersonal skills and the ability to interact with employees at all levels.
  • Ability to frame clear & concise communication across all relevant stakeholders.
  • Be open to new ideas, rapid change and embracing new technologies.
  • Ability to handle ambiguity and fluid situations, demonstrating a pragmatic approach.
  • Successfully manage a team, be very organized and work efficiently to tight deadlines.
  • Ability to drive process and continuous improvement initiatives.
  • Solid US GAAP accounting knowledge preferable.
  • Lead/Participate in other Regional/Global/Cross functional duties as assigned.
  • Experience in a Commercial Accounting department.
Desired Qualifications
  • CPA, CMA, MBA and/or other financial certifications.
What's In It For You
  • 5 weeks of vacation and 3 sick days.
  • Hybrid model of working / home office.
  • Pension Insurance.
  • Meal vouchers, Pluxee benefit cafeteria, Company products with discount.
  • Language courses contribution.
  • Referral award.
  • Public transportation allowance.
  • Bonus based on company policy.
About Kenvue

Kenvue is a global leader in the development and manufacturing of consumer healthcare products. Our mission is to improve the lives of millions of people every day through our innovative products and services.

We are committed to creating a diverse and inclusive work environment that values and respects the contributions of all employees. We believe that our employees are our greatest asset and we strive to provide them with opportunities for growth and development.

We are proud to be an Equal Opportunity Employer and welcome applications from qualified candidates from diverse backgrounds.