Manager, Statutory Reporting

Foot Locker, Inc.; Utrecht; On-site; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Employee discount

Pension Plan

Hybrid position

Travel reimbursement

Learning & Health/Wellbeing programs

Job summary

Foot Locker, Inc. is seeking a Manager, Statutory Reporting to own end-to-end statutory reporting for assigned entities in Europe and Asia.

You will prepare journal entries and reconciliations, and coordinate with external service providers and auditors to ensure timely filing of statutory financial statements. The role requires a graduate degree in accounting or finance with 3+ years' experience, flexibility for cross-jurisdictional work, and strong analytical, communication and ERP skills.

Qualifications

• Graduate degree or equivalent in Accounting, Finance or Economics, with at least 3+ years’ hands-on experience.
• CPA/CMA/ACCA or equivalent accounting qualification is a plus.
• Preferably experience with a Big 4 public accounting firm or a US-owned European Company.
• Fluent in English; other European languages would be valuable.
• Hands-on experience with ERP systems.
• Experience with intercompany transactions in a multi-jurisdictional business environment.
• Enthusiasm for driving process improvements using available technologies.
• Experience with data analytics and macros (and/or other automation tools).
• Excellent interpersonal and communication skills.
• Knowledge of accounting closing processes and controls.
• A team player with a service-oriented attitude and proactive thinking.
• Strong attention to details and problem-solving skills.
• Ability to prioritize and meet strict deadlines.

Responsibilities

• Own end-to-end statutory reporting processes for assigned legal entities by doing the following: act as the primary point of contact for the statutory reporting matters for the assigned countries.
• Prepare and review journal entries, reconciliations, investigate and adjust differences between US GAAP and local GAAP items.
• Review the deliverables provided by external accounting service providers, where applicable.
• Ensure accurate and timely preparation and filing of the statutory financial statements in compliance with local GAAP and regulatory requirements.
• Provide timely audit supporting documentation to external auditors in line with aligned timelines.
• Cross-functionally collaborate with other teams, such as Legal and Tax Teams, as well as with external third parties, advisors and auditors.
• Manage and drive resolution of open items arising from the local statutory audits.
• Update relevant accounting and tracking data on a timely basis.
• Support the delivery of monthly intercompany packages.
• Drive continuous improvement in the statutory reporting processes to enhance efficiency and reduce reporting timelines.
• Advise management on process improvements and design for new local reporting requirements.
• Execute tasks in accordance with company policies and procedures, also as required for SOX compliance.
• Participate and/or lead projects/initiatives that support Foot Locker priorities.

Skills

Intercompany transactions experience

Data analytics

Process improvement

Communication skills

Attention to detail

ERP systems experience

Education

Graduate degree in Accounting, Finance or Economics

CPA/CMA/ACCA qualification or equivalent

Tools

ERP systems

Macros / automation tools

Job description

The Statutory Reporting department is responsible for performing all statutory financial reporting tasks applicable to legal entities part of Foot Locker Group in Europe and Asia.

As a valuable member of the Finance Statutory Reporting, the Manager, Statutory Reporting is accountable for several local entities financial statements reporting, focusing on the timely and accurate completion of related tasks, including the local statutory audit process.

The Manager, Statutory Reporting is expected to act as the primary owner and main go-to person for the management and fulfillment of the timely completion of local accounting requirements related to assigned legal entities.

Responsibilities

• Own end-to-end statutory reporting processes for assigned legal entities by doing the following:
  • Act as the primary point of contact for the statutory reporting matters for the assigned countries.
  • Prepare and review journal entries, reconciliations, investigate and adjust differences between US GAAP and local GAAP items.
  • Review the deliverables provided by external accounting service providers, where applicable
  • Ensure accurate and timely preparation and filing of the statutory financial statements in compliance with local GAAP and regulatory requirements.
  • Provide timely audit supporting documentation to external auditors in line with aligned timelines
    • In cases, audit support must be provided by other Foot Locker teams, work with internal stakeholders for on-time delivery of audit documentation
• Cross-functionally collaborate with other teams, such as Legal and Tax Teams, as well as with external third parties, advisors and auditors.
  • Manage and drive resolution of open items arising from the local statutory audits
  • Update relevant accounting and tracking data (e.g. status tracking sheets, intercompany files, secondary ledger [when implemented], etc), on a timely basis.
• Support the delivery of monthly intercompany packages
• Drive continuous improvement in the statutory reporting processes to enhance efficiency and reduce reporting timelines.
  • Advise management on process improvements and design for new local reporting requirements.
• Execute tasks in accordance with company policies and procedures, also as required for SOX compliance
• Participate and/or lead projects/initiatives that support Foot Locker priorities

Qualifications

• Graduate degree or equivalent in Accounting, Finance or Economics, in combination with minimum 3+ years’ hands- on experience
• CPA/CMA/ACCA or equivalent accounting qualification is a plus
• Preferably experience with a Big 4 public accounting firm or a US-owned European Company
• Fluent in English; other additional European languages would be valuable
• Hands-on experience with ERP systems
• Experience with intercompany transactions in a multi-jurisdictional business environment
• Enthusiasm for driving process improvements using available technologies
• Experience with data analytics and macros (and/or other automation tools)
• Excellent interpersonal and communication skills
• Knowledge of accounting closing processes and controls
• A team player with a service-oriented attitude and proactive thinking
• Strong attention to details and problem-solving skills
• Ability to prioritize and meet strict deadlines.

Benefits

• Recognition, inclusion and belonging in a diverse environment
• 25 holidays and flexible working (hybrid position, in office ~2 days p/w)
• Employee Discount on in-store and online products
• Casual Sneaker Culture
• Learning & Health/Wellbeing programs
• Career development and growth in an ambitious international team
• Travel reimbursement
• Access to premium wellness apps
• Bike plan and contribution to gym subscription
• Pension Plan
• Discounted Collective Health plans
• Activities organized by our Social Committee#