Senior Specialist Asset Accounting

Service Performance and Issue Resolution

• Execute and oversee daily and monthly B2C Asset Accounting operational tasks, including settling investment orders, capitalizing intra-group service charges and own labor costs, and performing planned and unplanned depreciation, ensuring timely and accurate execution
• Ensure the accuracy of financial postings, supporting documents, reconciliations, and closing steps related to asset accounting, ensuring alignment with closing calendars and reporting deadlines
• Act as the escalation SME for complex asset accounting exceptions related to incorrect postings, mismatches, missing documentation, or unclear account balances; perform root-cause analysis and implement corrective actions
• Identify and monitor (recurring) issues, perform root cause analysis and work with the process management team on the remediation or improvement to prevent recurrence
• Escalate structural issues, risks, and recurring defects to the appropriate channels

Implementation of Changes and Improvements

• Contribute as SME to standardization and continuous improvement of B2C Asset Accounting processes and procedures
• Work closely with the B2C process management team to ensure continuous improvement of underlying processes
• Support the implementation of new or updated work instructions, tools, and systems along the process (e.g., SAP, Trintech - Cadency) including system testing and change management (e.g., end user training)
• Document and align with the process management team on the updates required to the standard operating procedures and control matrices to reflect process changes and lessons learned
• Collect improvement ideas, contribute to the operational improvement backlog and work with the team lead and the process management team on the prioritization
• Participate in pilot activities, testing, and training related to changes impacting the operational line

Process Accuracy and Reconciliation

• Ensure accuracy of asset accounting entries (investment orders, capitalizations, depreciation) in accordance with IFRS/GAAP and company policies
• Perform reconciliations of asset accounts and sub-ledgers, investigate and resolve variances, and ensure completeness of supporting evidence
• Validate asset master data, escalating discrepancies and driving corrective updates
• Maintain and test key controls around asset accounting postings and closing activities to support compliance and audits
• Support month-end close activities by ensuring all asset accounting items are posted or adequately reconciled for financial reporting
• Coach and provide guidance to peers on asset accounting workflows, closing activities and audit readiness

Stakeholder Management and Communication

• Coordinate with Controlling, Accounts Payable, Accounts Receivable, and other finance stakeholders to resolve complex issues and align on the remediation
• Serve as primary SME contact for internal stakeholders on asset accounting treatment, capitalization rules and depreciation
• Provide clear, timely communication to stakeholders on the status of escalations, corrective actions and process changes
• Support internal and external audit requests and ad-hoc queries related to asset accounting.

Education

• University degree in Finance, Accounting, Business Administration, Economics, or related field
• Relevant vocational education with significant experience may be considered

Experience

• 3–5 years of experience in asset accounting, B2C operations, month-end closing, or related financial operations, preferably in a global shared services organization
• Experience working with accounting and closing systems (e.g., SAP, Trintech - Cadency) and performing reconciliations
• Experience performing root-cause analysis and supporting system/process improvement initiatives, including change management (i.e., end user training)

Knowledge and skills

• Strong expertise in asset accounting processes (investment orders, capitalization, planned and unplanned depreciation, asset master data)
• Solid understanding of accounting standards relevant to fixed assets and investments (IFRS/GAAP)
• Strong expertise with SAP FI/AA modules or comparable systems – SAP S4/HANA experience is an advantage
• Solid understanding of internal controls and audit compliance requirements
• Strong attention to detail for financial documentation and closing evidence
• Ability to handle confidential financial records securely
• Excellent communication skills and ability to act as an SME with stakeholders
• Analytical mindset with strong problem-solving and process-orientation skills

Other requirements

• Very good command of English, both oral and written
• Additional language(s) beneficial depending on team location and scope
• High level of confidentiality when handling sensitive treasury and financial information

POSITION SCOPE

Reporting Line(s)

Solid line(s) to: Team Lead Asset, Cash and Bank Accounting

Working Relationships

Internal contacts

Team Lead Asset, Cash and Bank Accounting

• Head of Accounting & Reporting
• Process management within Book-2-Close
• Controlling, Accounts Payable and Accounts Receivable teams
• Other Specialists within Book-2-Close and adjacent processes
• Project team (e.g., for any implementation projects)

Internal Auditors

• External contacts
• Service providers or external business partners as required for daily operations
• External auditors
• Legal bodies
• Tool and technology providers