Financial Controller

The role will be under the Finance team. The controller is mainly responsible for ensuring the accuracy and integrity of the financial data of different entities and functions. This role also ensures that all transactions are recorded timely, completely, and accurately, and in compliance with the Vestas Financial Guidelines and policies. The role is expected to collaborate with colleagues and stakeholders to resolve operational issues efficiently and recommend necessary adjustments. It is expected that this role will work closely with Group Reporting, Group Tax, SSC Finance Operations teams, and Business Finance in Headquarters or Regions.

Responsibilities

Overall entity financial controlling, which can be grouped into below responsibilities:

Financial Reporting and Analysis

• Ensure compliance with group accounting policies for the month-end closing as done by the SSC Finance Account to Report team
• Perform in-depth legal entity review of financial statements to ensure data integrity and provide sign-off for final submission to Group reporting for consolidation. Perform analysis of account balances, ensuring compliance with Vestas Financial Guidelines
• Provide accurate, fact-based, and action-oriented performance reporting, with a keen focus on Balance Sheet (B/S) and Profit and Loss (P&L). Finalize and review commentaries that explain significant variances and trends, enabling informed decision-making
• Resolve more complex accounting issues and ensure proper accounting treatment on all line items in the financial statements

Financial Controlling

• Serve as the point of contact to the Regional CFO for the overall entity financial statements' reasonableness and compliance
• Conduct a pre-close meeting to ensure pre-month-end issues are identified and addressed. Facilitate regular review sessions with Finance operations - including Accounts Payable (AP), Order to Cash (OtC), Record to Report (RtR), Financial Planning & Analysis (FP&A), and Business Finance - to ensure all legal entity tasks are completed in full compliance with financial standards and guidelines
• Perform thorough balance sheet controlling to ensure alignment with P&L and related accounts, actively monitor discrepancies, and implement timely corrective actions in close collaboration with business finance
• Consult business controllers/business partners in cases of specific judgements around accruals, intercompany as part of monthly financial controlling

Internal Controls and Compliance

• Address any inquiries from Group reporting during consolidation and any complex audit inquiries, if any
• Conduct and perform regular controls and compliance checks and ensure sufficient documentation is in place to support group and local audit requirements

Leadership and Development

• Ensure group accounting policies are followed regarding General Ledger accounting and closing tasks and coordinate communication and implementation across the SSC Finance organization
• Act as a partner for the rest of Finance within Group and Region to support the development of new concepts, processes, etc. to continuously improve the value-add of Financial Controlling to the organization

Qualifications

• Bachelor's degree in accountancy/ finance/ business management or related area. Certifications (i.e., CPA, CMA, MBA, CIA, RCA, CTT, etc.)
• At least 8-10 years of relevant working experience in finance, particularly accounting operations, controlling, financial analysis, and reporting, or any equivalent finance functions. Auditing background from Big 4 accounting firms
• Knowledgeable on International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP)
• Advanced proficiency in Microsoft Office applications i.e. Excel, PowerPoint, Word. Knowledge in other advanced tools such as Power BI, SAC, Macros, Data mining tools, and the like
• Practical experience with ERP systems; SAP and SAP-BI skills required. Experience in S/4 Hana
• Working experience in shared services set-up or with other cultures is required. Shows flexibility towards work shift schedule, depending on the region catered to

Competencies

• Proficient understanding of accounting principles and able to apply knowledge to day-to-day operations and put in place actions to manage the numbers
• Solid communication and presentation skills, particularly in the English language - both oral and written, and able to communicate insights to stakeholders and translate financial data to clear insights, even for a non-financial audience
• Proficient problem-solving skills and analytical skills relevant for financial analysis i.e., variance analysis and formulating insights and recommendations
• Relevant experience in managing diverse stakeholders and generating insights from financial controlling experience. Can work well with diverse personalities
• Exhibits engagement, curiosity, growth mindset, simplicity, and willingness to learn
• Works well with a variety of personalities and shows a commitment to continuous personal and professional development
• Shows flexibility towards work shift schedule depending on the region catered and is willing to extend during the month-end close as needed