Ericsson is a world-leading provider of telecommunications equipment & services to mobile & fixed network operators. Over 1,000 networks in more than 180 countries use Ericsson equipment, & more than 40 percent of the world's mobile traffic passes through Ericsson networks. Using innovation to empower people, business & society, we are working towards the Networked Society, in which everything that can benefit from a connection will have one. At Ericsson, we apply our innovation to market-based solutions that empower people & society to help shape a more sustainable world.
We are excited to offer an opportunity to join our team as a Financial Accounting and Tax Specialist (FA&T). The main responsibilities under this role are to provide high quality in international, local and tax accounting, ensure compliance with internal and external financial reporting requirements.
This role will also ensure compliance with local rules and regulations by performing tax reporting in compliance with internal and external requirements, supports in management of withholding taxes, transfer prices and tax audits.
The Financial Accounting and Tax Specialist also provides financial advice and is expected to be proactive in addressing improvements and automations.
What You Will Do
Secure and provide high quality accounting, tax and financial reporting in compliance with internal and external requirements (IFRS, Local GAAP and Local Taxes).
Provide correct Legal Entity Income Statements, Balance Sheets and Tax returns.
Support period end closing, the entity financial analysis, legal entity governance, internal and external audits (IFRS, statutory and Tax), SOX and ABC compliance.
Financial Control advice (i.e., international, local and tax accounting, withholding, transfer price, EOM…).
Ensure alignment with global financial processes and accounting directives.
Ensure compliance with local tax legislation and file tax returns.
Proactive role in participating in process improvements and automation, special assignments and global projects.
Average week consists of:
Prepare income, indirect and withholding tax calculations, accounting, and filing and maintain tax master data.
Supervise and follow-up tax payments/refunds.
Identify potential tax risks/liabilities
Prepare tax related statistical returns
Support in tax audits, Statutory and Fire audits.
Support tax advice to management/operational units
Support development of tax processes
Support tax efficiency and quality programs
Perform period-end closing activities: accounts reconciliation, SOX control, valuation, analysis of legal entity, analysis of legal entity Income Statement/Balance Sheet, prepare journal vouchers, submit financial reporting forms for group external reporting
Perform legal entity forecast
Monitor precision in Transfer Pricing and initiate corrective actions
Prepare transfer price documentation and argumentation
Prepare legal entity Board of Directors meeting/ Governance meeting packages
Drive collaboration meetings with other functions
Main interface for statutory and FIRE (internal) audits
Prepare statutory accounts, notes and reports
Other administrative task relevant to the unit
The Skills You Will Bring
Chartered Accountant (CA) or bachelor’s in accounting, Finance, or equivalent
5+ years’ experience in finance accounting, reporting and taxation.
Sound understanding, knowledge and interpretation of IFRS/GAAP
Taxation Knowledge (Direct Tax & Indirect Tax, Transfer Pricing)
Detailed knowledge of accounting cycle and financial statements
Good communication and presentation skills
Knowledge and understanding of financial systems, SAP experience preferred
Process improvements and automation knowledge.
Knowledge and understanding of project accounting flows
Chartered Accountant (CA) or bachelor’s in accounting, Finance, or equivalent
Preferably Big 4 firms (Deloitte, PWC, KPMG, E&Y).