Accountant – Key responsibilities
As an accountant at 1MED, you play a pivotal role in maintaining the financial integrity of the organisation. This role is not just about crunching numbers; it involves a deep understanding of financial regulations and the ability to communicate complex financial information clearly. Accountants serve as the backbone of any financial operation, ensuring compliance and aiding in strategic decision-making.
- Maintain the general ledger of 1Med and the other entities of the Group in accordance with IFRS
- This includes preparing detailed reports that summarise financial data, which informs management and stakeholders of the company’s financial health.
- Provide timely monthly closings to ensure that 1MED Group can report group results in accordance with the agreed deadlines
- In addition, accountants must ensure timely communication with various departments to facilitate accurate reporting.
- Analyze the actual closings compared to budget and last year
- They are tasked with identifying trends in financial data, which can help the company strategise for future growth.
- Performs the monthly consolidation
- The consolidation process involves combining financial data from various departments or subsidiaries, which is critical for offering a comprehensive overview of the company’s financial performance.
- Maintain the accounts payables ledger and process payments in accordance with due dates after ensuring that all appropriate approvals have been obtained
- Accountants also liaise with vendors and suppliers to manage accounts payables efficiently, ensuring that the company maintains good relationships while controlling cash flow.
- Provide the outsourced provider with all required updates and information on vacation, absence, bonuses and all other data required to have a detailed and correct payroll
- This entails preparing payroll files and monitoring payroll accuracy to uphold employee satisfaction.
- Maintain the accounts receivable sub-ledger and liaise with the sales department to minimize customer overdue balances
- By minimising overdue balances, accountants contribute to improved cash flow and financial stability for the company.
- Support the Group CFO by ensuring that all processes are properly implemented and that all expenses are adequately approved
- Regular communication with the CFO and upper management ensures that all financial policies are upheld and that strategic goals are met.
- Control expenditure by comparing to budget and report deviations to Group CFO
- Accountants should also prepare for periodic audits, ensuring that all financial records are accurate and compliant with regulations.
- File VAT and tax returns and ensure that all statutory obligations of 1Med are met in a timely and correct fashion – coordinate and supervise the same at other offices
- This ensures that the organisation avoids potential penalties and maintains a solid reputation.
Skills and personality:
Additionally, effective communication skills are essential, as accountants often need to explain complex financial matters to non-financial stakeholders.
- Knowledge of Swiss GAAP
- An understanding of how various business functions impact financial performance is also crucial.
- General knowledge of labor legislation
- Knowledge of financial software and accounting systems like SAP or Oracle is highly advantageous.
- Good knowledge of AP processing and payments runs
- Accountants should also be detail-oriented, as small errors can have significant consequences.
- Preferably experience with multi-currency accounting and reporting
- Furthermore, they should possess strong analytical skills to interpret financial data accurately.
- Strong Excel and other Microsoft office modules skills
- Proficiency in creating complex spreadsheets can greatly aid in data analysis and reporting.
- Strong working knowledge of English to communicate with other colleagues in the group. Basic or intermediate French and/or German would be a distinct advantage.
- Cultural awareness can also be beneficial when dealing with international clients or colleagues.
- Understanding that administration is there to support the business
- A proactive approach to problem-solving is essential for identifying and addressing financial discrepancies before they escalate.
Please send your application to recruitment@1med.ch
We look forward to receiving your application and discussing how you can contribute to our team as an accountant.