Avnet is one of the world's most successful distributors of semiconductor products and related services. Employees in 70 countries set new standards every day in terms of innovation and quality, for which Avnet has been known in the market for 100 years.
Job Summary:
We have an exciting opportunity for an Accountant to join our supportive and dynamic South Europe Finance team in Milan. In this role you will be able to work autonomously to develop your skills and make a real impact. You will be responsible for the finance and accounting activities of one of the Group’s Italian legal entities, working collaboratively within an international environment.
What's in it for you?
Along with offering a competitive salary package, we also offer:
- A supportive team environment where everyone really is working toward the same goal.
- An environment where you will be given the tools and opportunities to further your career
- Medical cover
- Meal vouchers
- Holiday allowance plus public holidays
- Reward schemes
At Avnet we put a strong emphasis on our long standing, strong values that have guided not just how we interact and operate with our customers and suppliers but also with each other.
We believe that earning your trust is a privilege and doing the right thing is always the best course of action.
Avnet highly values being an equal opportunity employer offering equal pay for equal work.
Compensation Details for this position:
The starting compensation for this role is at minimum an On-Target Earnings amount (Base Pay + On-Target Variable Pay) of 48,000 €
Variable Compensation: This position is eligible for a variable compensation plan and the pay-mix (if applicable) will be finalized at the offer stage.
Total Rewards: In addition to the cash compensation we also offer a number of benefits depending on location and role. (e.g.accident & life Insurance, meal vouchers)
The exact compensation package for the successful candidate picked for the position will be based on a number of objective factors, such as experience, knowledge, skills, qualifications or location.
We value and respect our people by embracing diversity of backgrounds, learning, experience and thought, creating equal opportunities across our workplace culture.
What you will be doing:
- Monitor the day-to-day financial operations within the company
- Oversee the automated processes for sales, purchases, AR, AP
- Non-Trade Accounts payables, journal entries
- Prepare financial reports, manage the month-end closing process and perform monthly reconciliations
- Manage monthly, quarterly and annual closing activities following Local and US GAAP
- Ensure the integrity of accounting information by verifying and recording transactions
- Manage cash activities and reporting, including payment preparation
- Manage interactions with Tax Authorities for audit and special requests
- Maintain and review financial records, including Fixed Assets Ledger
- Ensure compliance with local accounting legislation, tax laws, standards and reporting timeliness
- Manage intercompany and bank reconciliations
- Manage the preparation of VAT returns, working in liaison with local tax and legal consultants to ensure the correct calculation of monthly VAT and taxable income; prepare VAT reports, the Journal Book, F24 forms and other government-related filings
- Interact directly with auditors to discuss and resolve accounting issues in a timely manner
- Maintain strong knowledge of accounting and finance practices
- Analyse new transactions and documenting appropriate accounting treatment under Local GAAP and US GAAP and ensuring that it is applied
What we are looking for:
- Extensive experience in a similar role within Italian and international entities
- Degree in Accounting, Finance or Economics
- A strong understanding of administrative and accounting processes,
- Extensive experience in general or tax accounting
- Familiarity with US GAAP
- Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations
- Fluent in English
- High attention to detail and accuracy
- Strong communication and problem-solving skills
- Advanced knowledge of Excel and SAP
- Ability to work in cross collaboration with both internal and external teams
#LI-EMEA
#LI-AVNET
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.
Avnet is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center in your region: Americas applicants – [email protected], Asia applicants - [email protected], EMEA applicants - [email protected].
Job Applicant EMEA Imprints
Skills Required
- Extensive experience in a similar role within Italian and international entities
- Degree in Accounting, Finance, or Economics
- Strong understanding of administrative and accounting processes
- Extensive experience in general or tax accounting
- Familiarity with US GAAP
- Knowledge of bookkeeping and accounting principles, practices, standards, laws, and regulations
- Fluent in English
- High attention to detail and accuracy
- Strong communication and problem-solving skills
- Advanced knowledge of Excel and SAP
- Ability to collaborate with internal and external teams
Avnet Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Avnet and has not been reviewed or approved by Avnet.
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Retirement Support — A company-funded pension alongside a 401(k) and a discounted employee stock purchase plan establishes strong long-term savings options. Company materials and plan documents underscore active pension funding and tools that help employees model outcomes.
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Leave & Time Off Breadth — Company resources emphasize paid time off, paid holidays, and flexible or hybrid work where roles allow. Benefits guides also outline leave programs, including paid family leave in the U.S.
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Wellbeing & Lifestyle Benefits — A broad well-being platform (THRIVE), EAP counseling, wellness reimbursements, employee discounts, and on-site health offerings extend support beyond core insurance. Development and community programs further contribute to a rounded total rewards experience.
Avnet Insights
What We Do
Avnet is a global electronic components distributor with extensive design, product, marketing and supply chain expertise for customers and suppliers at every stage of the product lifecycle. For the past 100 years, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Our culture was founded on new ideas and emerging technology. Headquartered in Phoenix, Arizona, Avnet is a leading global technology distributor and solutions provider at the center of the technology value chain. Founded in 1921, we work with suppliers in every major technology segment to serve customers worldwide across a broad range of markets. Whether working on large-scale production or early prototypes, we meet customer needs through individualized, end-to-end service to streamline solutions and improve efficiency for customers worldwide. Headquartered in Phoenix, Arizona, we serve more than 1 million customers in more than 140 countries and partner with global suppliers from almost every technology segment.
