hero

Job Opportunities in the Daphni Portfolio


Daphni
80
companies
668
Jobs

Senior Group Financial Reporting Analyst (H/F)

Somfy

Somfy

IT, Accounting & Finance
Geneva, Switzerland
Posted on Monday, June 24, 2024

Company Description

As the preferred partner for window and door automation, SOMFY is committed to inspiring new and better ways of living for all.

As a French, family-owned, and independent group, in continuous growth since our creation, we have been world leaders for 50 years and pioneers in home automation. Innovation continuously guides our work and guarantees the excellence of our solutions.

We are present in 58 countries, with eight production sites and 17 R&D centers. We are deeply committed to the well-being of our 7,000 employees, we promote their sustainable employability by promoting internal mobility and developing their skills. We foster diversity and inclusion by building on our strong corporate culture.

Job Description

We are seeking a Senior Group Financial Reporting Analyst reporting directly to the Group Financial Reporting Manager.

As part of the day to day you will collaborate closely with Somfy Finance and business team around the world and coordinate the group management accounting and reporting as well as take part on various projects. Your role will be crucial in managing ensuring the presentation and reporting of accurate financial data, driving the improvement of the visibility of the numbers. As a key player in the finance controlling department, you will contribute to the company's mission by providing financial insights and enabling strategic decision-making.

Role and Responsibilities

The Senior Group Financial Reporting Analyst will play a crucial role in providing financial insights, analysis, and reporting to support strategic decision-making across the organization. This role will collaborate closely with various departments, including finance, operations, and executive leadership, to coordinate, consolidate and report financial performance.

Your scope is Group and international. This position offers numerous, rich interactions at different hierarchical levels with, for example, all the international local accountants and controllers and the group statutory consolidation team.

Main activity of the position: contribute to the consolidation of the group's reporting at the different stages of our annual cycle (monthly quarterly and yearly reporting, collaboration on budget and forecast process).

Key Responsibilities:

Monthly Financial Reporting and consolidation

  • Lead the monthly close accounting processes, working closely with finance internationally to ensure accurate and achievable financial targets.
  • Ensure compliance with financial reporting deadlines within the group in order to base the decisions of the Executive Committee on the latest available data.
  • Ensure the consistency and quality of the data uploaded by the local controllers.
  • Update reporting procedures based on ongoing projects (e.g. cost per function) and training of the financial community.
  • Ensure that the HFM structure is updated to meet reporting needs.
  • Analyze financial trends, variances, and performance metrics to identify areas of opportunity or concern and provide recommendations for improvement.

Financial Analysis and Reporting

  • Prepare monthly, quarterly, and annual financial reports and presentations for executive leadership, highlighting key performance indicators, financial metrics, and strategic insights.
  • Conduct ad-hoc financial analysis and scenario modelling to support strategic initiatives, investment decisions, and operational improvements.
  • Other tasks and participation to projects as defined.

Process Improvement and Optimization

  • Identify opportunities and drive recommendations to streamline the accounting processes in order to enhance reporting capabilities and improve efficiency and accuracy of financial data.
  • Staying updated with the latest IFRS standards and adapting processes and SOPs accordingly
  • Initiating process improvements and streamlining reporting procedures
  • Participate in the updating of the group's accounting procedures and assist/train subsidiaries for their proper application.
  • Update reporting procedures based on ongoing projects (e.g. cost per function) and training of the financial community.

Administrator tools

  • HFM Administrator Manage system enhancements and period opening and closing tasks in the consolidation tool
  • Participate in the update of rental contracts in the dedicated tool
  • Assisting in the implementation of the new consolidation system
  • Ensure that the HFM structure is updated to meet reporting needs

Qualifications

  • 5-7 years of experience in a corporate/group finance position
  • Qualified accountant with strong background in IFRS experience, Accounting and Consolidation
  • Solid knowledge of the Hyperion and HFM (Onestream an advantage)
  • Advanced Microsoft Excel and PowerPoint skills
  • SAP knowledge would be a strong asset
  • Business fluent in English and French is a must, any further European language is an asset
  • Strong attention to detail, and a commitment to maintaining accuracy and integrity of financial information.
  • Excellent communication skills with the ability to structure your thoughts and derive action plans for your team to execute, as well as the ability to communicate efficiently across all staff and stakeholders levels
  • Team & Hands-On working style; Good organizational skills, autonomous and reliable

Additional Information

Permanent position.

The protection of our candidates’ personal data is a commitment of Somfy Group. We therefore ask any candidate to submit their application to us exclusively via our secure system, and not by email or postal.