A Day in the Life
Working at H&M means no two days are ever the same, but a typical day will include the following responsibilities*
Financial Statements and Reporting:
- Generate and ensure accuracy and legal compliance of required accounting reports, in conjunction with Accounting Lead & Tax & Report Coordinator
- Collaborate, establish procedures, and follow up with other departments to ensure timely reporting
- Support Accounting Lead in the monthly, quarterly, and annual closing
- Initiate and perform analysis of general ledger reserves
- Establish routines and follow-ups for securities reserves and intercompany transaction
- Establish routines for fixed asset reserves and depreciation calculations
- Communicate with external auditable authorities
General responsibilities:
- Perform accounting and tax adjustments on taxes withheld from suppliers
- Reconcile tax accounts against tax returns
- Reconcile revenue accounts against accounting records
- Prepare provisions for the industry and commerce tax (ICA) and record them periodically
- Intercompany – Prepare and send electronic invoices for related-party transactions, analyze and record applicable withholdings for income tax and VAT on these operations
- Review and analyze withholdings on invoices in VIM (Taxaudit) to ensure proper tax recording
- Manage the tax authority’s web platform (DIAN, SRI, SAT) to ensure the company’s formal obligations are met
- Analyze, review, and propose applicable withholdings on purchases of goods and services from foreign suppliers
- Review and record settlements from the Impex area
- Review and record corporate credit card purchases
- Coordinate processes with other areas and external entities to ensure due diligence in requirements and/or requests from tax authorities
- Prepare and file tax returns accurately and on time within the legal deadlines
- Provide support to the tax coordinator in analyzing tax information
- Prepare and monitor exogenous and foreign exchange information at the national and municipal level
- Manage reports for government entities such as: Banco de la República, DANE, Superintendencies de Industria y Comercio, and municipal Treasury Departments
- Process registration and/or updates in RUT, RIT, and the Chamber of Commerce
- Properly manage tax consulting by liaising and reporting directly to the tax advisory team
- Prepare and deliver withholding certificates to third parties
- May perform other activities related to the position Tax payments /Federal & state
- Pay the Federal taxes and ICA
Who You Are:
- Professional in Public Accounting
- At least 5 years of experience in the accounting and tax area
- SAP level and Excel level: High
- English level: Intermediate
- Knowledge of tax regulations
- Knowledge in IFRS
- Teamwork, proposing ideas, pro-active, and able to delegate responsibilities
- Quick analysis and problem solving and ability to work under pressure
- Strategic thinker, results-oriented, responsible, and committed
- Team Player: open-minded, communicate clearly, and flexibility
- Results Driven: Working towards goals, trying new things, improving efficiency, and developing yourself
- Business-Minded: Focusing on customer value, taking responsible decisions, seeking opportunities, and seeing the bigger picture
Why You’ll Love Working at H&M
- We value diverse backgrounds, including but not limited to race, ethnicity, gender, age, religion, sexual orientation, and disability
- We pride ourselves on being a values-driven organization, guided by our 7 unique values that have been part of our success story for over 75 years
- You’ll have access to our Colleague Resource Groups (CRGs) to find community and networking opportunities among colleagues
- We are an inclusive company where you’re encouraged to be yourself at work
- You will have access to a large global talent community, where career growth and aspirations have no limits
- We believe in supporting your overall wellbeing and offer comprehensive benefits
- You’ll be able to express your personal style with our employee discount at H&M, & Other Stories, and COS
