Accounts Payable & Financial Accounting – Europe & Middle East

WORK OPTION: The NBA currently provides eligible employees the option of working remotely one day per week.<p><span style="color:#ffffff">_________________</span></p><h1></h1><h1></h1><h1><u><b>Overview:</b></u></h1><h3></h3><p></p><h3>This role will be responsible for overseeing all aspects of accounts payable and financial accounting functions within the Europe & Middle East region (“EME”). This position will ensure the accurate and timely processing of invoices, payments, and financial records while maintaining compliance with company policies and regulations. This position will report to the EME Financial Controller and work closely with the finance team to support overall financial operations and objectives.</h3><h3></h3><h3></h3><p></p><h1><u><b>Major Responsibilities:</b></u></h1><ul><li><h3><span>Ensure the accurate and timely processing of all accounts payable transactions, including invoice verification, coding, approval, and payment processing in compliance with company policies & procedures.</span></h3></li><li><h3><span>Manage vendor relationships (including vendor onboarding), addressing inquiries and resolving payment issues in a timely and professional manner.</span></h3></li><li><h3><span>Maintain and monitor the accounts payable ledger by accurately recording all transactions and performing monthly reconciliations to the general ledger, ensuring any discrepancies are identified and resolved.</span></h3></li><li><h3><span>Assist with month-end and year-end closing processes for accounts payable, bank and general ledger, ensuring all financial records are accurate and complete (e.g. accruals & prepayments).</span></h3></li><li><h3><span>Oversee and prepare the monthly funding and cash flow request.</span></h3></li><li><h3><span>In coordination with the NBA’s in-house tax team, manage the preparation and submission of VAT returns</span></h3></li><li><h3><span>Ensure compliance with internal controls, accounting standards, and regulatory requirements related to accounts payable and financial accounting.</span></h3></li><li><h3><span>Assist in the development and implementation of accounts payable policies and procedures to improve efficiency and control.</span></h3></li><li><h3><span>Support internal and external audits by providing necessary documentation and explanations related to accounts payable and financial accounting.</span></h3></li><li><h3><span>Collaborate with other departments to ensure seamless financial operations and address any issues or discrepancies that may arise.</span></h3></li><li><h3><span>Identify and implement process improvements to enhance the efficiency and effectiveness of the accounts payable and financial accounting functions.</span></h3></li><li><h3><span>Stay up to date with industry trends, best practices, and regulatory changes to ensure continuous improvement and compliance in accounts payable and financial accounting processes.</span></h3></li></ul><h3></h3><p></p><p></p><h1><b><u><span>Required Skills/Knowledge:</span></u></b></h1><ul><li><h3>Extensive knowledge of accounts payable processes, financial accounting principles, and accounting standards (e.g., UK GAAP).</h3></li><li><h3>Knowledge of multi-entity and multi-currency month-end close processes.</h3></li><li><h3>Strong analytical skills with the ability to interpret financial data and provide actionable insights.</h3></li><li><h3>Excellent organisational and time management skills, with the ability to manage multiple priorities and meet deadlines.</h3></li><li><h3>Strong communication and interpersonal skills, with the ability to effectively interact with vendors, colleagues, and management.</h3></li><li><h3>Highly proficient with accounting software, ERP systems (i.e. specifically SAP, Corcentric) and Microsoft Excel and familiarity with AI-driven financial tools and software that enhance accounts payables operations. Attention to detail and accuracy in processing financial transactions and maintaining records.</h3></li><li><h3>Ability to identify and implement process improvements to enhance efficiency and control.</h3></li><li><h3>Knowledge of internal controls and regulatory requirements related to accounts payable and financial accounting.</h3></li><li><h3>Ability to work independently and as part of a team, with a proactive and problem-solving approach.</h3></li></ul><h3></h3><p></p><p></p><h1><b><u><span>Experience Needed:</span></u></b></h1><ul><li><h3>A minimum of 3-5 years of experience in accounts payable and financial accounting, with proven experience in managing accounts payable functions (including the management of vendor relationships & resolving payment issues).</h3></li><li><h3>Experience in month-end and year-end close procedures, including performing AP close tasks (accruals, prepayments, invoice cut-off management), performing bank reconciliations & other GL account reconciliations.</h3></li><li><h3>Experience in assessing & determining correct VAT treatment on supplier invoices and preparation of VAT returns.</h3></li></ul><h3></h3><p></p><p></p><h1><b><u><span>Educational Background Required:</span></u></b></h1><ul><li><h3>Bachelor's degree in Accounting, Finance, or a related discipline</h3></li><li><h3>Professional accounting certification (e.g., CPA, ACCA, CIMA) is welcomed</h3></li></ul><h3></h3><h3></h3><p></p><p></p><p></p><h3></h3><p style="text-align:inherit"></p><p style="text-align:left"><b>Salary Range:</b></p><p>N/A</p><p style="text-align:inherit"></p><p style="text-align:left"><b>Job Posting Title:</b></p>Manager<p style="text-align:inherit"></p><p style="text-align:left">The NBA does not accept unsolicited resumes from search firms or any other third parties. Any unsolicited resume sent to the NBA will be considered NBA property, and the NBA will not pay a fee should it hire the subject of any unsolicited resume.</p><p style="text-align:inherit"></p><p style="text-align:left">The NBA considers applicants for all positions on the basis of merit, qualifications, and business needs, and without regard to race, color, national origin, religion, sex, age, disability, sexual orientation, gender identity, alienage or citizenship status, ancestry, marital status, genetic predisposition or carrier status, veteran status, familial status, status as a victim of domestic violence, or any other status or characteristic protected by applicable federal, state, or local law.</p><p style="text-align:left">The NBA is committed to providing a safe and healthy workplace.  To safeguard our employees and their families, our visitors, and the broader community from COVID-19, and in consideration of recommendations from health authorities and the NBA’s own advisors, any individual working onsite in our New York and New Jersey offices must be fully vaccinated against COVID-19. The NBA will discuss accommodations for individuals who cannot be vaccinated due to a medical reason or sincerely held religious belief, practice, or observance.</p><p style="text-align:inherit"></p><p style="text-align:left"><b>About the NBA</b><br />The National Basketball Association (NBA) is a global sports and media organization with the mission to inspire and connect people everywhere through the power of basketball.  Built around five professional sports leagues:  the NBA, WNBA, NBA G League, NBA 2K League and Basketball Africa League, the NBA has established a major international presence with games and programming available in 215 countries and territories in more than 50 languages, and merchandise for sale in more than 200 countries and territories on all seven continents.  NBA rosters at the start of the 2021-22 season featured a record 121 international players from 40 countries.  NBA Digital’s assets include NBA TV, NBA.com, the NBA App and NBA League Pass.  The NBA has created one of the largest social media communities in the world, with 2.1 billion likes and followers globally across all league, team, and player platforms.  Through NBA Cares, the league addresses important social issues by working with internationally recognized youth-serving organizations that support education, youth and family development, and health-related causes.</p>

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