General Accounting Manager (m/f/d)

Posted 2 Months Ago
Be an Early Applicant
Straubenhardt, Baden-Württemberg, DEU
In-Office
Senior level
Hardware • Information Technology • Energy • Design • Utilities • Industrial • Renewable Energy
At nVent, we connect and protect our customers with inventive electrical solutions.
The Role
Manage and develop the local accounting team while owning monthly financial close, statutory and corporate reporting, intercompany reconciliations, account reconciliations in OneStream, tax and audit coordination, internal controls, and ERP support. Drive process standardization, digital initiatives, and support M&A finance activities.
Summary Generated by Built In

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

Team Management

  • Supervise and support the local accounting team

  • Coach, guide and develop team members

  • Set goals and objectives for the team

  • Promote diversity and keep retention high

Financial reporting

  • Organization and management of Statutory and Corporate accounting processes

  • Monthly financial closing and reporting according to Local, US GAAP and Corporate accounting and reporting standards

  • Own the closing checklist to ensure completion of all required activities in the monthly closing process

  • Prepare and review journal entries and calculations for accruals and provisions

  • Development and maintenance of standard recurring journal entries;

  • Prepare and review monthly intercompany reconciliations with nVent Group entities;

  • Analyze monthly balance sheet and profit and loss accounts and movements

  • Prepare and review assigned month-end account reconciliations in OneStream accurately and on a timely basis;

  • Comply with corporate direct tax processes and policies

Statutory reporting requirements

  • Accountable for all finance statutory requirements

  • Assist with the preparation of the local direct income tax returns and transfer pricing documentation

  • Organize and coordinate the statutory audit with our external auditors

  • Preparation of the annual financial statements

  • Good understanding of US to local GAAP and local tax basis differences

Internal Controls Management

  • Management of the internal control system in order to ensure that local  and Corporate accounting and  tax standards are properly integrated into all business processes

  • Accountable for updating key controls process memos

  • Coordination of internal audit activities

Other

  • Standardize and simplify existing practices and processes

  • Promote digital mindset in accounting processes

  • Support ERP developments, upgrades or migration from finance perspective

  • Assist with potential merger and acquisition related activities

  • Perform other duties as requested and / or as needed to fulfill the purpose of the position.

YOU HAVE:

  • A degree in finance, business or accounting, preferably in an international environment

  • 5 + years of professional experience in accounting

  • Must have managed / supervised a team for at least two years;

  • Good knowledge of accounting, balance sheets and tax law

  • Good ERP knowledge, ideally SAP

  • Independent, highly organized and problem-solving way of working

  • Analytical with attention to detail

  • Team player with effective verbal and listening communication skills

  • Proactive lean and digital mindset

  • Good English and German language skills, French is a plus

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

    • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

    • Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

  • Commitment to strengthen communities where our employees live and work

    • We encourage and support the philanthropic activities of our employees worldwide

    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:

    • Innovative & adaptable

    • Dedicated to absolute integrity

    • Focused on the customer first

    • Respectful and team oriented

    • Optimistic and energizing

    • Accountable for performance

  • Benefits to support the lives of our employees


Pay Transparency
 
nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance.  


Annual Gross Compensation Range: 

€81,516.00 - €94,387.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as short or long-term incentives, which are discretionary and governed by the terms of the applicable plan documents.  


Benefit Overview


At nVent, we value our people and their health and well-being.  We provide a broad benefits package with meaningful programs to eligible employees.


What We Offer

  • Comprehensive health, safety, and well-being support
  • Employer contribution to the retirement pension plan for long‑term financial security
  • Employee Stock Purchase Plan to share in company success
  • Reward & Recognition Program to celebrate your achievements
  • Generous Paid Time Off

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.


#LI-CP1
#LI- Hybrid
#INDLPCN

Skills Required

  • Degree in finance, business, or accounting
  • 5+ years professional experience in accounting
  • Managed/supervised a team for at least two years
  • Good knowledge of accounting, balance sheets and tax law
  • Good understanding of US GAAP and local GAAP/tax differences
  • Experience with ERP systems
  • Experience with OneStream (account reconciliations)
  • Experience with SAP
  • Independent, highly organized, problem-solving work style
  • Analytical with strong attention to detail
  • Team player with effective verbal and listening communication skills
  • Proactive lean and digital mindset
  • Good English and German language skills
  • French language skills

nVent Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about nVent and has not been reviewed or approved by nVent.

  • Retirement Support — Retirement support appears well-developed, including a 401(k) plan with up to a 5% company match administered through Fidelity. Stock ownership opportunities are also offered through an employee stock purchase plan with a matching contribution.
  • Healthcare Strength — Healthcare coverage is broad, spanning medical, dental, vision, prescription drug plans, and mental health resources. Additional protection benefits like disability and life/AD&D coverage are also included.
  • Leave & Time Off Breadth — Time-off offerings include vacation, separate sick time for hourly employees, floating holidays, and paid volunteer time. Paid parental leave is available for up to six weeks within the first 12 months to bond with a new child.

nVent Insights

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The Company
HQ: St. Louis Park, MN
10,001 Employees
Year Founded: 2018

What We Do

nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

Why Work With Us

At nVent, our employees bring bold ideas, are authentic and build the future of a more sustainable and electrified world. Promoting a culture of inclusion is a cornerstone of our strategy and is woven throughout our organization. We believe that diverse perspectives are key to our company’s ability to innovate for our customers and grow.

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