Business Controlling Accounting

WHAT YOULL DO

As an AR Specialist you will be Responsible for securing the Accounting of the H&M Group global and omni digital sales and accounts receivables. Working with the management/operation, development and reporting of AR B2C & B2B automized processes and Accounting/bookkeeping. You will be securing the Accounting and Reconciliation of H&M Groups AR B2C and B2B global sales including all brands and both internal and external sales channels.

• Secure Accounting processes (Work in a process-orientated manner and around atomization to secure accounting processes, catch and resolve exception cases)
• Administer and follow-up IT incidents occurring in the AR processes
• Analyse (Work with automated data outputs, analyse, align with stakeholders and submit for handling)
• Balance sheet / Accounts receivables reconciliations and reporting
• Bank management (Responsible for omni bank accounts reconciliation, transfers, approval of outgoing payment files)
• Closing activities and valuations (Month and year end reconciliations)
• Handling of second line customer queries
• Monitor AR processes, supported by RPA, and perform issue resolution as required
• Support audit, global/regional/local
• Gather process specific knowledge and act as subject matter expert
• Support Process Leads and Process Experts on process template development (Operate and develop given process including level and accuracy of atomization/robotization)
• Align with, support and work together with IT/Bus Tech both in central initiatives but also function-specific initiatives in regard to requirements, scope, solution design, test and post-go live validation/stabilisation
• Work closely with the team to align and plan activities and initiatives within and cross process(es)
• Ensure continuous gathering and sharing of knowledge into and within the department
• Report progress, initiatives and escalate needs to Team Lead. Work closely with Team Lead & Process Lead to ensure goals/priorities.
• Maintain a good network with internal functions

Global Accounting Account Receivable Team is responsible for day to day steering of groups AR B2C and B2B global sales including all brands and both internal and external sales channels. We thrive on securing the constant accuracy and improvement of primarily automized solutions to enable the reporting of H&M Groups AR B2C & B2B global sales.

We are looking for people with

• Accounting skills, 5-8 years of relevant work experience (Sales/billing procedures, Intercompany transactions and business models, VAT, legal reporting, CoA navigation/application, Accounts Receivables, Payment reconciliation, Banking, Closing, Analysis and Audit)
• Communicative, in English written and oral)
• Ability to train in, co-ordinate, plan and lead activities
• Knowledge of SAP ECC
• Analytical; skilled in securing the accuracy of financial data and resolving discrepancies
• Process competence (system/process knowhow/technical skills, basic understanding of integrations and comfortable in solution template responsibility and working in an IT landscape/environment)
• Excel skills within data analysis/reconciliations (indexes, lookups, pivot tables)
• Understanding of legal obligations/laws for reporting of sales globally and/or locally/domestically
• Basic understanding of RPA

And people who are:

• Collaborative and supportive - a true team player that likes to coach, support and help others and naturally builds cross functional networks and relationships.
• Communicative confident and able to communicate clearly with internal and external stakeholders including the ability to plan and execute activities clearly
• Analytical Ability to analyse process flows and data outputs to recognise steps to take
• Flexible and adaptable Open minded and always prepared for new changes and opportunities
• Decisive and action oriented Pro-active, solution orientated and driven persona
• Positive positive mindset and resilience in the face of challenges

H&M is a global company of strong fashion brands and ventures. Our goal is to prove that there is no compromise between exceptional design, affordable prices, and sustainable solutions. We want to liberate fashion for the many, and our customers are at the heart of every decision we make.

We are made up of thousands of passionate and talented colleagues united by our shared culture and values. Together, we want to use our power, our scale, and our knowledge to push the fashion industry towards a more inclusive and sustainable future.

At H&M, we are proud to be a vibrant and welcoming company. We offer our employees attractive benefits with extensive development opportunities around the globe. We offer all our employees at H&M attractive benefits with extensive development opportunities around the globe. All our employees receive a staff discount card, usable on all our H&M brands in stores and online. Brands covered by the discount are H&M (Beauty and Move included), COS, Weekday, Monki, H&M HOME, & Other Stories, ARKET, Afound. In addition to our staff discount, all our employees are included in our H&M Incentive Program HIP.

In addition to our global benefits, all our local markets offer different competitive perks and benefits. Please note that they may differ between employment types and countries.

Our uniqueness comes from a combination of many things our inclusive and collaborative culture, our strong values, and opportunities for growth. But most of all, its our people who make us who we are.

Take the next step in your career together with us. The journey starts here.

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Locations - H&M SERVICES PVT. LTD. Hub 1, 11th Floor, Karle Infra SEZ, 100 Feet Kempapura Main Road, Opposite Nagavara Lake, Bangalore, Karnataka, India