Director Accounting & Group Consolidation

Wärtsilä is an innovative technology company known for being a forerunner in the Marine and Energy markets. Every day, we – Wärtsilians - put our hearts and minds into turning Wärtsilä's purpose of enabling sustainable societies through innovation in technology and services into reality. Our ultimate aim is to provide increased value to both our customers and society. New, game-changing ideas and continuous improvement have been part of our DNA since 1834. Together, we can create new business opportunities and more sustainable future that we can all be proud of. 

We want to transition the world towards a decarbonised and sustainable future. By pushing the boundaries of engineering and technology, we can make it work. We are always on the lookout for future-oriented talent – want to join the ride?

As ANCS (Automation, Navigation & Control Systems), we transform how vessels perform to create the safest and most efficient journey for our customers – always with the vision in mind to navigate towards a more sustainable maritime industry. With our rich history of pioneering maritime technologies we have defined industry benchmarks.

To be better tomorrow, we need the right talents today to complement our strong team of 650 employees in over 10 countries across the globe with the right skills, experience and a winning attitude.

We are now looking for a 

Director Accounting & Group Consolidation (m/f/d)

to join our team working for a better future. 

The preferred location for the position is in Hørsholm (Denmark), but also Hamburg (Germany) is a possible location. 

What you will be doing 

As Director Accounting & Group Consolidation your work will focus on these responsibilities: 

• Leadership and Team Management
  • Lead, mentor, and develop the accounting team across all group entities and outsourcing partner to foster a culture of excellence and continuous improvement.
  • Ensure consistent application of accounting policies, processes, and controls across all group companies.
• Financial Operations and Processes
  • Oversee and optimize finance processes, including R2R, P2P, and O2C, ensuring efficiency and compliance.
  • Collaborate with the treasury team to manage payment processes and optimize cash flow.
  • Coordinate with the controlling organization to ensure the accuracy and quality of financial data with regard to input to accruals, provisions and revenue recognition.
  • Ensure the integrity of the ERP system and work to continuously improve its utilization for finance processes and segregation of duties.
• Outsourced Services Management
  • Manage the relationship with the third-party service provider responsible for standardized tasks such as supplier invoices, routine bookings, and reconciliations.
  • Monitor and ensure the quality, accuracy, and timeliness of services provided by the external partner.
  • Establish performance metrics and conduct regular reviews to maintain service levels and compliance.
• Financial Reporting and Closings
  • Ensure accurate and timely monthly, quarterly, and annual financial closings for all group entities including consolidation of P&L and balance sheets at group level.
  • Collaborate with the controlling organization to ensure the accuracy and quality of financial data. The controlling organization will be responsible for detailed and granular management reporting across profit centers and business dimensions.
  • Prepare monthly consolidated financial statements in compliance with relevant accounting standards (e.g., IFRS).
• Tax Compliance and Strategy
  • Oversee all tax-related matters, including corporate tax, transfer pricing, VAT, and other indirect taxes, with the support of external advisors when required.
  • Ensure compliance with tax laws and regulations in all jurisdictions where the group operates.
  • Provide strategic input on tax optimization opportunities while maintaining compliance.
• Internal Controls and Compliance
  • Design, implement, and maintain effective internal controls to safeguard assets and ensure compliance with financial regulations.
  • Support audits (internal and external) and ensure timely resolution of audit findings.
• Stakeholder Collaboration
  • Act as the primary liaison between the accounting team and the controlling organization to ensure alignment and information accuracy.
  • Collaborate with other departments, including operations and sales, to improve finance-related processes.

To be successful in this role we expect you to have: 

• Bachelor's or Master's degree in Accounting, Finance, or a related field.
• Certified Public Accountant (CPA), Chartered Accountant (CA), or equivalent qualification preferred.
• 10+ years of progressive experience in accounting, with at least 5 years in a leadership role.
• Proven experience in managing accounting functions in an international and multi-entity organization.
• Experience of group consolidation and preparation of consolidated accounts.
• Strong expertise in R2R, P2P, and O2C processes.
• Experience with managing outsourced financial services and service providers.
• Familiarity with tax compliance and managing external advisors.
• Proficiency in ERP systems; experience with MS Dynamics F&O is a strong advantage.
• Deep understanding of IFRS and knowledgeable in international tax regulations, including transfer pricing.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent leadership and team management skills.
• Effective communication and collaboration skills to work across diverse teams and stakeholders.
• Fluency in English; additional language skills are a plus.

In this role, some travel is required to meet with our customers around the world. Thus, we hope you to be ready to travel approximately 20%, even though most of the meetings are held virtually. 

Why you and us? 

We at Wärtsilä believe in empowerment, ownership and taking responsibility of our work. We support each other’s growth and co-creation is the true basis of our innovation. We have courage to see opportunities and take initiative. 

We are authentic and honest, and we strongly believe in that by being your own true self you can accomplish so much more. We don’t always get it right the first time, and if mistakes are made, we make sure to learn and grow from them. We want everyone to voice their opinions freely. That is why we have built an environment that empowers you and everyone around you, and where you can feel safe and cared for. Are you eager to be part of this ambition? 

We have an amazing team and we are excited about our work and the impact it has on building sustainable societies. We are looking to find a colleague with this shared passion for smart technologies and a sustainable future. 

Contact & next steps 

We hope to hear from you soon, by submitting your application through our careers portal. We aim to keep you updated on the process throughout.  

Welcome to join us in shaping the decarbonisation of marine and energy!
 

Last application date: 04/03/2025 

At Wärtsilä we value, respect and embrace all our differences, and are committed to diversity, inclusion and equal employment opportunities; everyone can be their true self and succeed based on their job-relevant merits and abilities. 

This is Wärtsilä 

Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. Our team of 17,800 professionals, in more than 280 locations in 79 countries, shape the decarbonisation transformation of our industries across the globe. Read more on www.wartsila.com.