Posted 5mo ago

Financial Officer

@ MSC Mediterranean Shipping Company
Luxembourg, Luxembourg, Luxembourg
OnsiteFull Time
Responsibilities:Ensure quality, Intercompany reconcile, Analyze reports
Requirements Summary:Expert-comptable/ACCA or similar; 7+ years in a similar role; SAP accounting; IFRS knowledge; strong analytical and organizational skills.
Technical Tools Mentioned:SAP, Excel, BI tools, SQL
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Job Description

Terminal Investment Limited (TIL) is a leading global investor, developer, and operator of container terminals, with a strong track record of forming strategic joint ventures with other major terminal operators. Since its founding in 2000, TIL has rapidly grown into one of the world’s largest and most geographically diverse terminal operators, with a presence in 26 major trade ports across 21 countries.

Our terminals are strategically situated in key locations around the globe, including major origin and destination (O&D) and transshipment hubs in Europe, Asia, North America, South America, and West Africa. Positioned at the crossroads of global trade, five of our terminals rank among the world’s top 20 container ports by throughput. These prime locations enable us to serve major trade routes and provide access to both established and emerging markets, reinforcing our role as a critical player in global supply chains.

TIL Terminals:

  • Our terminals have been selected for their important and strategic locations around the world, including major origin and destination (O&D) and transshipment trade hubs and gateways in Europe, Asia, North America, South America and West Africa.
  • Our terminals are positioned at the heart of world trade, with five of the terminals located in the world’s top 20 container ports in terms of throughput (source: Drewry)
  • Our terminals are well placed to serve
    major trade routes and provide access into key mature and developing
    markets.


Financial Officer


Main Responsibilities

The Financial Officer is based in the Luxembourg office of the Group, reports to the Senior Manager - Consolidation and Statutory Accounting and is responsible for quality control over accurate accounting, intercompany reconciliations, financial oversight and compliance of holding companies across the Group. The main responsibilities include:

  • Ensuring transaction quality of the holding companies; reinforcing HQ-level controlling functions
  • Driving improvements of the accounting function by challenging current processes: invoicing, accounting software, documentation, intercompany transactions, preparation of statutory accounts, etc
  • Performing intercompany reconciliation of working capital, debt, financial and operating expenses, dividend, equity and investment accounts
  • Timely analytical review and adjustments of the monthly financial reports (Profit & Loss, Balance Sheet, Cash Flows and Equity Movements) to ensure accuracy and reliability of information provided to the Group consolidation team
  • Cost controlling; monthly budget vs actual variance analysis
  • Contribute to the preparation of standalone financial statements and accompanying notes; ensuring compliance with Lux GAAP and International Financial Reporting Standards (IFRS)
  • Maintaining audit trails, liaising with external auditors, tax advisors
  • Providing cross-functional support; assisting other teams and handling ad hoc tasks 

Minimum Qualifications/Experience/Skill:

·         Expert-comptable Diploma, ACCA or similar

·         Understanding of differences between various local GAAPs is a plus

·         7+ years of experience in similar role

·         Experienced user in SAP accounting software

·         Excellent numerical skills and analytical mind: expertise in Excel, BI tools, SQL and interest in databases

·         Excellent organization and keeping clear documentation (accounting journals, memos, etc.)

·         Familiarity with the IFRS norms under both: controlled and non-controlled business

·         Good communication skills and proactive spirit, capacity to challenge smoothly the existing processes

·         Occasional short-term business trips to the HQ in Geneva may be required

INTERNAL AND EXTERNAL INTERFACES

Internal

  • ·         Treasury / Consolidation / Business Development / Controlling / Legal

External

·         External auditors / Tax advisors / Legal advisors

MAJOR CHALLENGES FOR THIS
POSITION

 
1) Regular financial oversight of holdings’ information, ensuring compliance with best corporate governance practices in an increasingly demanding regulatory environment
2) Improve and document the process of holdings’ accounting


To discover more about TIL, click here