AkzoNobel Specialty Chemicals (SC) provides a wide range of high quality and sustainable ingredients that are integral to numerous key industrial processes worldwide. Thus we serve high profile customers in sectors including paints, detergents, foods, plastics, cosmetics, construction, pulp and paper, pharmaceuticals, electronics, agro and oilfield applications.
As a new entity that is currently in the process of being divested, SC’s Finance department is setting up new structures in order to ensure the expert and successful management of important issues and tasks.
Within our context, your mission in this role is to business partner with and deliver financial support to Director Pensions and Legacy. In doing so you act as the company’s leading pension and legacy accounting expert, accountable for reported pension positions and legacy assets and liabilities.
Is this a challenge that matches your profile as a conscientious and proactive professional who combines business affinity with pension competencies and technical accounting expertise? Could you act as a key linking pin as you manage multiple relationships around pension schemes and legacy topics e.g. Finance/HR/Investor Relation/Legal, but also externally with actuaries? Can you apply a real eye for detail as you minimize the financial, legal and compliance risks resulting from the company pension arrangements? Above all, can you make a real difference within our dynamic, multinational and multicultural business environment?
If you offer all this and more, we invite you to apply for the position of
Manager Pensions and Legacy Accounting
The role and its responsibilities
This role is based in Arnhem, the Netherlands, from where you manage the company’s global pension and legacy policies. This involves a number of activities:
You act as the company’s leading pension accounting expert, understanding risk assessment and the impact of pension on company balance sheet, P&L and statement of comprehensive income. On an ongoing basis you propose financial solutions and contingency plans to minimize cash impact.
This requires you to provide pensions management support to countries without local pensions expertise. In doing so you act as the company’s representative on local pension boards per pension policy, translating global pension (accounting) policy into country specific policies and procedures.
You also oversee other post-employment benefits arrangements and ensure accurate and timely management and external financial reporting in conjunction with the consolidation and reporting team.
In addition you provide support to Regional Accounting Centers to ensure an adequate closing process and the accounting treatment of applicable pension and other post-employment benefits related topics.
Further, you provide support and assistance to Investor Relations and Treasury in their dealings with investors, credit rating agencies and other external parties. You also manage ad-hoc pension projects, e.g. during corporate transactions and M&A projects.
All of this requires you to establish, monitor and manage relationships with HR, external actuaries, employee benefit consultants and external auditors. And, at all times, you maintain and apply professional knowledge to ensure compliance with applicable employee benefits accounting (IFRS) standards.
You establish and maintain the company’s global legacy accounting and reporting policies and procedures, ensuring accurate and timely management and external financial reporting in conjunction with the consolidation and reporting team.
This requires you to understand risk assessment and the impact of legacy assets and liabilities on company balance sheet and P&L, propose financial solutions and contingency plans to minimize cash impact.
Further, you provide support to Regional Accounting Centers to ensure adequate closing process and accounting treatment of applicable legacy topics. You also manage ad-hoc legacy topics, e.g. during corporate transactions.
In order to achieve all this you maintain relationships with internal legal support, external lawyers and external auditors. At all times you maintain and apply professional knowledge to ensure compliance with applicable accounting (IFRS) standards.
To apply for this position you must possess all the following attributes:
- Master’s degree in Accounting / Finance and/or appropriate professional qualification, e.g. RA, CMA, PMI or similar;
- Finance professional with 7+ years of experience in pension accounting and reporting;
- Expert knowledge of IFRS standards with respect to Pensions and Other Employee Benefits;
- Able to communicate effectively with employees at all levels in the organization;
- Able to work and delegate under severe time pressure during period-end closures;
- Strong and clear communications skills, including fluent written and spoken English.
For further information, please contact Samantha Veer, Talent Resourcing Partner, +31 (0)88-010 6789, option 3. Only online applications will be accepted, please go to the vacancy section on www.akzonobel.nl/careers, reference 180000QV or use the ‘apply’ link.
A pre-employment screening may form part of the selection process.
Agency or sales calls are not appreciated
About AkzoNobel Specialty Chemicals
Industries worldwide rely on our essential chemistry in the manufacture of everyday products such as paper, plastics, building materials, and personal care items. Building on the dedication of our employees and our shared commitment to safety, sustainability, and open innovation, we have established a world-class business and built strong partnerships with our customers. We operate in over 80 countries around the world and our portfolio of industry leading brands includes Eka, Dissolvine, Trigonox, and Berol.