Join Eaton, a global leader where equality and inclusivity are at the heart of our mission. Here, everyone is valued and belongs. Be part of a team that delivers cutting-edge, energy-efficient solutions, making a tangible impact on the world. We empower our customers to manage electrical, hydraulic, and mechanical energy more effectively, safely, and sustainably. At Eaton, we're dedicated to enhancing quality of life and protecting the environment with our innovative energy management technologies and services.
Our EMEA Business Service Center (BSC) in Budapest is Eaton's largest office in the region. With a diverse team of over 700 people, representing 40+ nationalities and speaking 20+ languages, the BSC is the central hub for business services. It empowers seamless operations and drives exceptional results across our electrical, industrial, and corporate teams. We are proud to be a Disability Friendly Workplace, ensuring an inclusive environment for all our employees.
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What you'll do:
As a Senior Statutory Accountant you will assist the Country Controller in ensuring its many & varied obligations are met, driving to improve & standardize Country accounting processes (both corporate and business operations).
The role provides financial leadership on statutory accounting/audits, corporation income tax and indirect tax accounting for the countries. You will support end to end process improvements projects, working with other process stakeholders to improve process efficiency, effectiveness and internal control and is a proactive business partner to Operations, enabling the Operations Finance team to focus on business issues.
You will closely operate with various Corporate Departments (Tax, Treasury, Accounting, Legal, others), EC Global Financial Accounting teams, the International Shared Service Centers (ISSC), and Operating divisions in Country.
• Meet reporting deadlines for monthly, quarterly and year-end closings - ensuring accuracy & timeliness of financial results supporting the Actuals, Forecasting, Profit Plan, Strategic Plan
• Ensure compliance with Eaton financial policies, USGAAP, local statutory regulations, internal control and Sarbanes-Oxley.
• To co-ordinate and act as a consultant, in the provision of advice and technical assistance to all in-country operating divisions, EC Global Financial Accounting teams and European shared service center, on: central systems, technical accounting issues, VAT, fiscal matters, and compliance in accordance with fiscally acceptable criteria and risk management objectives
• Statutory books: ensure that the statutory books are kept in accordance with local accounting rules; management of the accounting records concerning fixed assets local book; managing the reconciliation between US GAAP books and statutory books.
• Statutory reports and audits: managing of the statutory accounts; participation in the statutory audits. Closely operate with the external providers. Involved in the BoD meeting's minutes preparation or review.
• Manage & improve financial controls & processes while mitigating issues.
• Support Thomson Reuters statutory reporting tool implementation and ensure effective usage of the system
• Support intercompany recharges for the EMEA region, ensuring invoicing accuracy and timeliness by working in close collaboration with the transfer pricing, supply chain, IT and treasury departments as well as global financial accounting and the shared service centers
Qualifications:
- Professional accounting qualification/university degree
- 4-6 years of financial experience (finance/accounting or auditing within a multinational environment)
Skills:
- Excellent working knowledge of English and other European language is an advantage
- Experience of best practice implementation/end to end process improvement in accounting & reporting
- Knowledge of US GAAP and/or other statutory reporting requirements; exposure to Sarbanes Oxley
- Experience in SAP/Oracle is an advantage
- Sound practical knowledge of corporate income tax /indirect taxes (FAS 109)
What we offer:
• Wide range of Employee Benefits: Hybrid work model, Annual bonus, Cafeteria, Private Medical Insurance, Life Insurance, Eye-glass refund, AYCM partnership, Internal reward system (E-Stars)
• Employee Wellbeing Support: Access comprehensive support programs designed to enhance your overall wellbeing
• Family Friendly: Enjoy a family-friendly environment with policies that support work-life balance
• Talent Management and Career Development: We are dedicated to your professional growth, with a strong focus on internal mobility, continuous learning, and peer coaching
• Dog-Friendly: Bring your furry friend to work in our dog-friendly office
• Dedicated Spaces: Utilize our family room, multi-prayer room, stretching room, and chill room for your comfort and convenience
• Company Yoga Sessions: Participate in regular yoga sessions to stay fit and relaxed
• Social Responsibility: Join a socially responsible organization committed to making a positive impact
• Employee Appreciation Day: Celebrate with us on Employee Appreciation Day, recognizing your hard work and contributions
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We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.