General Ledger and Intercompany Senior Accountant

KOSTAL Group is a global, family-owned German company that develops market-leading solutions for the solar and automotive industries. The company was established in 1912 and employs about 20 000 people at 47 locations in 22 countries. In Hungary, KOSTAL is about to build its first business service centre to provide business support in IT, finance, procurement, master data, sales and HR fields. This will be a global centre with high value-added and complex processes which you can help to build.

This is a General Ledger and Intercompany Senior Accountant role in a brand-new SSC in the heart of Budapest. In this role, you will oversee preparing and posting accounting entries on a regular basis and deliver a complete and accurate financial statement for in scope entities.  You will also be accountable for the ICO matters for the selected business units, ensuring accuracy and completeness of ICO accounting transactions in accordance with financial procedures. You will be the owner of the daily Intercompany operation according to the agreed priorities and measurements and perform the dedicated operational tasks. The work can be managed fully remotely – with a time-to-time office presence – from any location in Hungary.

Main tasks and responsibilities:

• Be involved in day-to-day operations in the following process areas:
  • Post entries in the financial statements
  • Create reconciliation as per agreed accounting schedule
  • Ensure smooth closure of the periods
  • Intercompany invoice processing
  • Intercompany recharge calculation
  • Posts Intercompany journal entries on both sides (e.g.: accruals, recharge)
  • Reconcile and report intercompany balances, eliminate differences
  • Works with appropriate stakeholder for Intercompany transactions to resolve issues
  • Monitors pending Intercompany requests
  • Ad hoc queries/report request
• Manage external audit request/queries
• Manage balance confirmations
• Identify, evaluate and resolve issues (incl. process improvements)
• Be adherent to agreed service levels, policies and procedures as well as internal controls
• Engage in collaboration with the business and stakeholders to develop a professional relationship
• Ensure that all process manuals/relevant work instructions are created and updated on a regular basis
• Deliver ad-hoc queries requested by key stakeholders

• University or college degree in Finance & Accounting, Economics, Business Administration or experience in Finance & Accounting field
• IC knowledge with at least 2–3 years in a finance operations role, ideally in SSC
• Good understanding of the overall intercompany process
• Experienced user of Excel
• Experience in SAP R3 and S4/HANA preferred
• Fluent in English
• German is an advantage

Why work with us?

• Flexible working conditions with remote work possibility, you can have a real work-life balance.
• Modern, newly renovated, sustainable office with parking space and bicycle storage area in the heart of Budapest.
• Competitive salary, benefits, and compensation packages (Medicover health insurance, bonuses, an extra day off on your birthday, eyeglasses contribution).
• Supportive, diverse, and highly skilled community.
• Ability to really make a difference and build new processes from scratch, you can participate in the formation and shape of the BSC processes.
• You can enjoy our value-oriented work culture: we are down-to-earth, appreciative, inspiring, and innovative.
• KOSTAL is a dynamically developing company (10-20% yearly growth in the automotive and solar industry), an independent, family-run business that provides much flexibility.

If you are looking for new challenges, we are looking for you! Shape the future of KOSTAL Hungary while building an international career at a 100+ years old German company! Our flexible working conditions and the excellent team at KOSTAL make the perfect place for your ambitions.