Finance Specialist

About KONE

As a globally recognized Top Employer, KONE is committed to redefining the future of work by cultivating an exceptional workplace culture that prioritizes collaboration, diversity, growth, and employee well-being. Our dedication to excellence is reflected in our unwavering standards of quality and efficiency, ensuring that we not only meet but exceed the expectations of our stakeholders. We invite you to join our dynamic team and contribute to a mission-driven organization where your contributions are valued and your professional growth is nurtured.

Your Role as a Finance Specialist

We are seeking a proactive and motivated Finance Specialist to join our finance team, where you will play a pivotal role in supporting financial operations, ensuring adherence to accounting policies, and contributing to accurate and timely financial reporting. This position offers an exciting opportunity to work within a collaborative environment, where your expertise will drive efficiency, compliance, and strategic financial insights.

Key Responsibilities

• Accounts Payable Management: Oversee end-to-end accounts payable processes, including supplier invoice verification, processing, and follow-up with shared service teams to ensure timely vendor payments.
• Financial Reconciliations: Perform monthly balance sheet reconciliations and investigate outstanding reconciling items to maintain financial accuracy and integrity.
• Month-End, Quarter-End, and Year-End Closing: Support critical financial closing activities to ensure accurate and timely reporting, including the preparation and posting of accruals, prepayments, recurring entries, and journal entries.
• Fixed Asset Management: Maintain comprehensive records of fixed assets, including asset creation, transfers, disposals, and depreciation reviews to ensure compliance with accounting standards.
• Intercompany Transactions: Coordinate intercompany transactions, debit notes, confirmations, and reconciliations to facilitate seamless financial operations across the organization.
• Tax Compliance: Review VAT and withholding tax transactions, and support tax reporting and statutory compliance requirements to mitigate risks and ensure regulatory adherence.
• Banking and Treasury Operations: Perform bank reconciliations, process treasury-related transactions, and support cash flow forecasting, liquidity monitoring, and monthly cash flow reporting to optimize financial performance.
• Audit Support: Assist in internal and external audits by preparing schedules, reconciliations, and supporting documentation to ensure a smooth and compliant audit process.
• Process Improvement: Identify opportunities to enhance financial processes, controls, reporting quality, and operational efficiency in collaboration with cross-functional teams.
• Stakeholder Collaboration: Partner with business leaders, project managers, procurement, HR, and operational teams to provide financial guidance and resolve finance-related matters effectively.

Qualifications and Skills

To excel in this role, you should possess the following qualifications and competencies:

• Bachelor’s degree in Finance, Accounting, or a related field.
• 3-5 years of progressive experience in accounting, financial controlling, treasury, or finance operations.
• Strong knowledge of financial accounting, general ledger management, reconciliations, and financial reporting.
• In-depth understanding of VAT, withholding tax, and regulatory compliance requirements.
• Proficiency in petty cash management, banking operations, and treasury processes is a plus.
• Hands-on experience with ERP systems, preferably SAP, to streamline financial operations.
• Advanced proficiency in Microsoft Excel and data analysis tools to drive insights and decision-making.
• Exceptional analytical, problem-solving, and stakeholder management skills to navigate complex financial scenarios.
• Ability to work independently, manage competing priorities, and meet tight deadlines with a high degree of accuracy.
• Professional certification such as SOCPA, CMA, ACCA, CPA, ACA, or equivalent is highly preferred. Candidates pursuing such qualifications will also be considered favorably.
• Demonstrated commitment to continuous improvement, process optimization, and professional development.

What We Offer

At KONE, we are dedicated to creating a workplace that inspires and motivates our employees. Our comprehensive benefits package includes:

• A collaborative and dynamic team environment that fosters innovation and growth.
• Total reward elements designed to engage and motivate employees, making KONE a premier place to work.
• Access to extensive learning and development programs to enhance professional skills and career progression.
• A well-defined job role with clear performance targets and regular feedback through performance discussions.
• Opportunities for individual development, mentoring, and coaching programs to support your long-term success.