Accounting Manager – PT, ES, LU

Job Description Summary

Accounting Manager – PT, ES, LU (Open). The Accounting Manager will lead the PT, ES, LU accounting function, ensuring robust financial control, accurate and timely reporting, and compliance with all relevant regulations. The role will take ownership of key technical areas including hedge accounting, intercompany transactions, IFRS16 lease accounting, capital expenditure (capex), statutory accounting under Portuguese GAAP (SNC), Spanish GAAP (PGC), and Luxembourg GAAP (LuxGAAP) (desirable), and the coordination of local statutory reporting, audits and regulatory compliance requirements. This is a leadership role requiring strong technical expertise, a hands‑on approach, and experience managing teams in a dynamic, multi‑entity environment. Key Responsibilities

Financial Reporting

Deliver accurate and timely month‑end, quarter‑end, and year‑end close processes. Deliver accurate and timely close reporting packs to aid consolidation. Ensure statutory financial statements are prepared in compliance with Portuguese GAAP (SNC), Spanish GAAP (PGC) and Luxembourg GAAP (LuxGAAP) (desirable), including robust commentary and variance analysis. Reconcile local GAAP reporting to IFRS reporting requirements for group consolidation. Ensure compliance with local filing requirements, publication deadlines and regulatory reporting obligations in each jurisdiction. Oversee intercompany reconciliations across the immediate perimeter. Oversee internal controls and support improvements in policies and procedures. Support the coordination of external audits at country levels, ensuring timely delivery of requested information and resolution of audit queries. Support the implementation of internal controls and recommend improvements to reporting, reconciliation and compliance processes.

Intercompany Reconciliations

Oversee intercompany accounting processes, including reconciliations and settlements. Work with global finance teams to resolve discrepancies and improve standardisation. Implement tools or process enhancements to improve visibility and accuracy of intercompany balances. Support treasury in the loan and dividend settlement quarterly across the group.

CapEx Monitoring & Compliance

Manage capex accounting, ensuring alignment with capitalisation policies and budget controls. Oversee fixed asset lifecycle: acquisition, capitalisation, depreciation, disposals, and impairments. Work closely with operational teams to monitor capex spend vs. budget and project completion.

IFRS16 Lease Accounting

Lead the accounting and reporting of leases in compliance with IFRS16. Maintain the lease register, calculate lease liabilities and right‑of‑use (ROU) assets. Monitor lease modifications and ensure correct accounting for remeasurements, renewals, and terminations.

Accounting Standards & Technical Leadership

Serve as the subject matter expert for all technical accounting matters. Interpret, implement and communicate accounting standards (e.g., IFRS9, IFRS15, IFRS16, IFRS13, IFRS18). Advise senior management on the accounting impact of new contracts, transactions or regulatory changes.

Derivatives Accounting & Reconciliation

Manage hedge accounting activities in accordance with IFRS9, including documentation, effectiveness testing and fair value measurement of PPAs, interest rate swaps, commodity and FX hedging instruments.

Compliance & Tax Support

Support tax compliance and reporting (corporate tax, VAT, deferred tax) in partnership with internal or external advisors. Ensure compliance with regulatory requirements and internal policies.

Team Leadership & Stakeholder Management

Lead, coach and develop a team of qualified and part‑qualified accountants. Foster a high‑performance culture focused on accuracy, collaboration and continuous improvement. Collaborate with auditors, tax advisors and business unit leaders.

Skills, Knowledge & Competencies

Strong expertise in IFRS and at least one of Portuguese GAAP (SNC), Spanish GAAP (PGC) or Luxembourg GAAP (LuxGAAP) (desirable). Excellent leadership and people development skills. High attention to detail with a hands‑on, solutions‑oriented mindset. Experience managing statutory financial statements and audits in multiple European jurisdictions. Effective communicator across finance and non‑finance stakeholders. Ability to manage deadlines and deliver under pressure. Fluent in English (mandatory) and Spanish (desirable). Relevant Experience

Minimum 8–10 years of progressive accounting experience including leadership roles. Knowledge of Portuguese SNC, Spanish PGC and/or Luxembourg GAAP (desirable). Hands‑on experience with hedge accounting (IFRS9), IFRS16 lease accounting, capex and fixed asset accounting, intercompany reconciliations and eliminations. Experience in a multi‑entity, multinational organisation. Proven ability to manage audits and work closely with external auditors. Education and Qualifications

Fully Certified Accountant. Proficient in ERP systems. Very strong Excel skills and comfort working with large data sets and reconciliations. Experience with lease accounting tools (desirable). Microsoft Dynamics365. Travel Requirements

UK and European travel as required. Salary Range

Permanent contract with salary range between €55-60k, ABS + variable bonus + benefits. Location

Lisbon. Time Type

Full time. Worker Subtype

Regular.

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