European Accountant/ Accountant

– European Accountant / Accountant

We are looking for a detail-oriented and experienced European Accountant / Accountant to manage day-to-day accounting activities and support financial reporting and compliance for European operations.

The ideal candidate should have a strong understanding of accounting principles, European accounting practices, VAT requirements, reconciliations, and financial reporting. The candidate will work closely with internal teams, external accountants, auditors, and other stakeholders to ensure accurate and timely financial operations.

Key Responsibilities

Accounting & Bookkeeping

• Manage day-to-day accounting transactions, including accounts payable, accounts receivable, general ledger, and journal entries.
• Record and maintain accurate financial transactions in the accounting system.
• Prepare and process invoices, credit notes, payments, and receipts.
• Perform regular bank, supplier, customer, and ledger reconciliations.
• Maintain accurate and up-to-date accounting records.
• Review accounting entries and supporting documentation for accuracy and completeness.

European Accounting & Compliance

• Support accounting activities for European entities in accordance with applicable local accounting standards and regulations.
• Assist with VAT calculations, VAT returns, and related documentation.
• Support compliance with European tax and statutory reporting requirements.
• Coordinate with local accountants, tax advisors, auditors, and regulatory authorities where required.
• Maintain proper documentation for statutory and tax compliance.
• Stay updated on changes in European accounting, VAT, and tax regulations relevant to the business.

Financial Reporting

• Prepare monthly, quarterly, and annual financial reports.
• Assist with preparation of profit & loss statements, balance sheets, cash-flow reports, and management reports.
• Provide accurate financial data and analysis to management.
• Investigate and resolve accounting discrepancies.
• Support month-end and year-end closing activities.
• Prepare schedules and supporting documentation for audits and financial reviews.

Accounts Payable & Receivable

• Manage vendor invoices and ensure timely and accurate payment processing.
• Monitor customer receivables and follow up on outstanding balances.
• Perform supplier and customer account reconciliations.
• Resolve billing and payment discrepancies.
• Maintain accurate ageing reports for receivables and payables.

Payroll & Expense Management

• Support payroll-related accounting and reconciliation activities where applicable.
• Review employee expense claims and ensure proper accounting treatment.
• Maintain records of business expenses and supporting documents.
• Assist with accruals, provisions, and expense allocations.

Audit & Internal Controls

• Coordinate with internal and external auditors and provide required financial information.
• Prepare audit schedules and supporting documentation.
• Assist in implementing and maintaining effective internal financial controls.
• Identify accounting process gaps and recommend improvements.
• Ensure compliance with company accounting policies and procedures.

Requirements

• Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
• 2–5 years of experience in accounting or finance.
• Experience handling European accounting is highly preferred.
• Strong knowledge of accounting principles and financial reporting.
• Good understanding of VAT and European tax/compliance requirements.
• Experience with bank and ledger reconciliations.
• Good knowledge of Excel and accounting software/ERP systems.
• Strong attention to detail and numerical accuracy.
• Excellent organizational and time-management skills.
• Ability to work independently and meet reporting deadlines.

Preferred Qualifications

• ACCA, CIMA, CPA, CA, or equivalent accounting qualification is an advantage.
• Experience working with accounting standards applicable to European entities.
• Knowledge of VAT regulations in one or more European countries.
• Experience with accounting software such as SAP, Oracle, Xero, QuickBooks, Sage, or similar platforms.
• Experience working with multinational or cross-border businesses.
• Good written and verbal English communication skills.

Key Skills

• European Accounting
• Bookkeeping
• VAT & Tax Compliance
• Accounts Payable
• Accounts Receivable
• General Ledger
• Bank Reconciliation
• Financial Reporting
• Month-End Closing
• Audit Support
• Excel & Financial Analysis
• ERP / Accounting Software
• Attention to Detail
• Problem Solving
• Time Management

Key Performance Indicators (KPIs)

• Accuracy and timeliness of accounting entries.
• Timely completion of monthly and annual closing.
• Accuracy of VAT and statutory reporting.
• Timely completion of reconciliations.
• Accounts payable and receivable accuracy.
• Reduction in accounting discrepancies and outstanding items.
• Audit readiness and timely submission of requested documentation.
• Compliance with applicable European accounting and tax requirements.