Consolidation Specialist

Posted 10 Days Ago
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Prague, CZE
In-Office
Mid level
Energy • Renewable Energy
The Role
The role involves assisting with IFRS implementation and group consolidation, preparing reports, intercompany reconciliations, and contributing to process improvements.
Summary Generated by Built In

Second Foundation is an international energy trading and asset management firm headquartered in Prague, Czech Republicwith offices in Switzerland, Germany, Japan and the USOur team of 400 professionals specializes in power trading, transforming complex data into market-leading trading strategies through advanced technology and sophisticated quantitative modeling. 

Currently we are looking for an experienced finance professional to join our Consolidation team. 

What you would work on? 

  • Preparation of group consolidation under IFRS on a quarterly basis – experience with preparing consolidation is required 
  • Assist with on-going IFRS implementation. 
  • Assist with the preparation of the IFRS Annual Report. 
  • Work on intercompany reconciliations, eliminations, consolidation adjustments, and related checks to ensure accuracy and consistency of consolidated figures.  
  • Prepare and review reporting packages, consolidation inputs and supporting documentation. 
  • Cooperate with accounting, reporting, tax, treasury, external consultants, and auditors during closing and consolidation periods. 
  • Help identify process gaps, propose practical improvements, and contribute to building a more efficient and controlled consolidation process. 
  • Support the implementation and setup of a new consolidation tool, including testing and data validation. 

What makes you a great candidate? 

  • At least 3 years of relevant experience in group consolidation under IFRS, ideally in a larger or more complex group structure. 
  • Hands-on experience with consolidated financial statements, consolidation adjustments, intercompany eliminations, and reporting packages. 
  • Strong analytical skills and ability to identify inconsistencies, investigate differences, and understand the story behind the numbers. 
  • Ability to work independently, take ownership of assigned areas, and follow tasks through to completion.  
  • Structured and practical working style, with attention to detail and respect for deadlines. 
  • Proactive mindset and willingness to build new processes, not only follow existing ones. 
  • Good communication skills and ability to cooperate with colleagues across finance, accounting, reporting, and other departments 
  • Experience with the setup of a consolidation tool Tagetik/NDC or similar is an advantage 
  • Strong Microsoft Excel background including pivot tables, complex formulas, SQL, Power BI. 
  • Fluent in Czech and English; German or Japanese is an advantage. 

What we offer? 

  • Brand new office in the city center – Masaryčka.   
  • Competitive salary package with the possibility of a yearly bonus.   
  • 25 days of paid holiday.   
  • Flexible working hours and home-office options.   
  • Sponsored lunch in the office. Every workday.   
  • Free snacks at the office.   
  • Multisport Card – fully paid by the company.   
  • Colleagues who are absolute experts in what they do.  

Skills Required

  • At least 3 years of relevant experience in group consolidation under IFRS
  • Hands-on experience with consolidated financial statements
  • Strong analytical skills
  • Experience with the setup of a consolidation tool Tagetik/NDC or similar
  • Strong Microsoft Excel background including pivot tables, complex formulas
  • Fluent in Czech and English; German or Japanese is an advantage
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The Company
HQ: Praha, Hlavní město Praha
337 Employees

What We Do

Second Foundation is a tech company active in energy markets. A young company based in Prague that quickly grew into an international player in the modern energy sector, focusing on electricity trading, renewable energy production, battery storage, and flexible asset management. We operate at 25 markets from USA to Japan. With innovative proprietary technology and advanced trading algorithms, we are committed to maximizing the value of renewable energies while supporting the energy transition

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