Discovery Communications Europe Ltd
- Job term
- Job hours
Provide support to DNI business in key business initiatives and acquisitions, assisting DNI Controller in managing and co-ordinating financial due diligence process, acquisition accounting support, integration requirements and other finance related implications.
Co-ordinates the month end accounting and reporting close of newly acquired businesses in accordance with Discovery policies.
Support the implementation of appropriate monthly reporting procedures to include timing and quality of the local General Ledgers interface to the Discovery ERP system.
Facilitate the transition of newly acquired business accounting functions and responsibilities into Discovery Accounting Functional Organization (Revenue, Content, CoR and SG&A, Transaction Processing and General Accounting teams) and rollout of Discovery financial policies and procedures.
Work with Tax and Treasury organization to ensure effective execution of Tax and Treasury led projects and initiatives in DNI.
Provide support to acquisition due diligence and purchase accounting analysis.
Manage the implementation of Discovery financial reporting process for newly acquired businesses, including:
Mapping acquired business general ledger with Discovery SAP chart of accounts
Ensure appropriate push down of purchase price accounting in accordance with Technical Accounting requirements
Development of a monthly interface process between the acquired business ledgers and Discovery’s ERP
Implementation of an appropriate general ledger system, where required
Initially manage the monthly accounting close and reporting process for newly acquired businesses including:
Developing and monitoring of monthly close timetable and instructions
Guidance on Discovery policies to acquired businesses, ensure adherence
Managing timely delivery of and reviewing accuracy and completeness of US GAAP compliant financial information; resolution of accounting and SEC reporting matters
Ensure appropriate implementation and reconciliation of Purchase Price Accounting and variances to local statutory ledgers
Reporting on monthly accounting information (Balance Sheets, Cash Flow and Income Statements)
Monitors delivery and accuracy, completeness of required reporting
Facilitates research, analysis and reporting on corporate and division requests
Facilitate integration of newly acquired businesses into functional accounting organization, including:
Develop and manage overall accounting integration plan
Ensure full alignment of accounting policies and processes
Facilitate transition of local acquired business accounting functions US GAAP accounting and SEC reporting requirements to Functional Accounting organization
Train acquired business accounting functions on interface (if any) between the acquired business financial reporting systems and Discovery financial system environment
Facilitate management or oversight of outsourced accounting service providers, if any, to General Accounting function to ensure fees and service levels appropriate to Discovery group
Work with Internal Audit and external auditors to ensure effective control environment and implementation of any SOX compliance requirements
Review statutory and regulatory compliance of acquired business and assist with any ad hoc accounting requirements and projects
Act as a contact point between finance and the acquired business to develop and implement accounting projects, processes, policies and procedures.
Other DNI business initiatives:
Work with Tax and Treasury organization to ensure effective execution in accountings respects of Tax and Treasury led projects and initiatives in DNI including:
Cash repatriation initiatives
Debt and equity funding and capital reduction requirements
Internal re-organisation initiative
CPA with minimum 10 years accounting experience, including 5 years of Big 4 external audit or controller’s responsibility for a public company, preferably in Media, entertainment or cable industry environment.
Familiar with US GAAP / IFRS accounting standards and Internal Control framework requirements (CoSo, SoX).
Experience with public company external reporting and international statutory audit requirements.
Proficiency with MS Office applications and use of accounting systems, experience with SAP preferred.
Fluent English, any other language a plus.
Bachelor’s degree in Accounting or related field.
Strong individual with team leadership, excellent oral and written communication, accounting research skills.
Superior work ethic and a dedication to the highest work quality and job excellence.
Demonstrated ability to contribute to a culture of excellence, integrity and accountability.