Ferrero is a family owned company with a truly progressive and global outlook and iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno and Kinder Surprise. As the love for our brands continues to grow, so too does our global reach. Represented in 55 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? Nearly 35,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them. You have always loved it, now be part of it!
Diversity Statement
Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.
About the Role:
The Head of Accounting & Administration is a pivotal role within our organization, responsible for managing key financial operations, including accounting processes, credit management, and payables. This role requires a hands on leader who can oversee a high performing team, ensure compliance with accounting standards, and drive process improvements.
As the Head of Accounting & Administration, you will lead, mentor, and evaluate a team of four accounting professionals, fostering a culture of excellence and continuous improvement.
Main Responsibilities:
1. Ensure the integrity and overall performance of the Administration function, providing strategic advice and support to the General Manager and functional superiors.
2. Oversee and ensure the accuracy of financial statements in compliance with local GAAP, IAS/IFRS, and Group standards.
3. Work closely with external auditors to manage year end audit process.
4. Supervise and manage all accounting cycles, including OTC AR, R2R, P2P AP, and intercompany transactions, while managing outsourced processes effectively.
5. Oversee intercompany balances and intercompany reconciliations.
6. Guarantee accurate and timely tax compliance and reporting to local authorities.
7. Establish and maintain a consistent credit management process, including receivables tracking, collections oversight, and credit risk mitigation.
8. Develop and enforce robust internal controls to safeguard company assets and ensure GRC compliance.
9. Monitor and optimize financial processes (e.g., SAP Master Data Management, monthly closings, price approvals, and credit control).
10. Supervise Treasury Management, in line with Group Treasury sta