Working under the direction of the Finance Manager LATAM, the Finance Manager Brazil is responsible for the timely and accurate completion of the monthly financial closings in accordance with US & local GAAP for Brazil as well as all financial operating and compliance activity in the country.
NBCUniversal LATAM International Networks & Direct-to-Consumer is seeking a driven and dynamic candidate to join our expanding Finance organization. The Finance Manager Brazil will be a key member of LATAM’s accounting team and will have direct exposure in supporting the continued growth in Brazil and its integration within the overall regional portfolio. The successful candidate will be able to work and communicate effectively in a team environment, interacting with all levels of our organization, international team members, and external auditors.
ESSENTIAL RESPONSIBILITIES:
Ownership of day-to-day accounting processes, including but not limited to:
Financial Reporting
- Collaborate with third party accounting firm to ensure compliance with statutory reporting requirements
- Lead the timely and accurate monthly review and validation of the Monthly Reporting package (IFRS to GAAP)
- Responsible for delivering monthly, quarterly, and annual trial balances that are prepared in accordance with US GAAP with ability to bridge between US GAAP and IFRS
- Own monthly close processes to ensure accurate financial bookings and timely reporting of financials and subsequent analysis (includes preparation of journal entries, accruals, intercompany transactions, reconciliation of general ledger accounts).
- Proactively identify, address, and communicate the main accounting risks across key stakeholders to facilitate a clean monthly close
- Reconcile intercompany and other third parties’ statements
- Support on Budget & Forecast processes and analysis
Accounting Operations & Reconciliations
- Collaborate with third party accounting firm and support corporate accounting on several aspects of the monthly accounting close process, including ensuring all costs incurred are properly recorded, reviewing account balance reconciliations, variance analysis, and reconciliation between third party records and SAP
- Oversee day-to-day accounting functions
- Managing ad-hoc accounting and operational assignments
Internal Controls, Tax Compliance & Audit
- Further establish and manage internal controls to safeguard company assets
- Drive robust documentation process of key processes
- Collaborate with Corporate tax & legal, accounting and service providers to support accurate and timely transfer pricing models and ensuring local statutory and tax compliance incl. VAT, Payroll, WHT, etc.)
- Liaise with third parties and Corporate Tax team to ensure compliance with tax regulations, accounting standards and other financial policies
- Review existing tax structures to ensure they stay up to date with changes in accounting standards, tax laws and regulations.
- Assist and support with internal and external audits (statutory & SOX)
- Stay up to date with changes in local accounting standards, tax laws, regulations and local macro-economic developments to advise leadership
- Take ownership of actively reviewing local financial and tax filings while communicating issues/concerns to management and ensuring timely completion of deliverables
Transformation
- Recommend process changes, systems and workflow automation
- Actively drive continuous improvements and innovations.
- Initiate and drive projects to enhance and automate internal controls over financial reporting (system enhancements, integrations, implementations, etc.)
- Take ownership of facilitation and creation of accurate project plans with clearly defined milestones, deliverables and tasks
Leadership
- Supervise external accounting firms to meet internal deadlines & tax compliance, serving as their main contact
- Maintain and build strong communication channels with customers, local agencies, third parties or partnerships.
- Assist in the formulation and execution of the Country Controlling strategy for the region to align with business needs and corporate strategy
- Builds a team of highly engaged and motivated people
- Develop and update job descriptions for Accounting staff
- Establishes and agrees on annual objectives
- Actively coach members of the team to meet and exceed department goals
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Accounts Payable
- Manage and enhance the Accounts Payable process by identifying opportunities for efficiency, implementing streamlined workflows & controls/approvals, and ensuring accountability for end-to-end execution
- Conduct thorough reviews of payment proposals to ensure accuracy and alignment with contractual terms, company policies and financial controls
- Review third party accounting support to ensure local statutory reporting, invoicing and payments are accurate and processed within a timely manner
- Perform monthly reconciliations between Accounts Payable and general ledger accounts to ensure accuracy and completeness
- Analyze monthly aging, identify accounts at risk and communicate findings to key stakeholders
- Collaborate cross-functionally with diverse teams to effectively resolve vendor disputes, fostering strong relationships
Accounts Receivable
- Review and manage AR movements and aging against billing contracts
- Efficiently process and post weekly payments from a diverse portfolio of International clients
- Design customer collection strategies based on territory necessities and customer profile
- Proactively support wider finance team on accounting issues that impact revenue bookings and projections.
- Manage, allocate and reconcile to subledger cash deposits on a weekly basis
- Analyze monthly aging, identify accounts at risk and communicate findings to key stakeholders
- Monitor and ensure that third party collections processes are aligned with NBCU policies
- Collaborate cross-functionally with diverse teams to effectively resolve client disputes, fostering strong relationships
Treasury
- Lead and manage cash flow forecasting process
- Review local funding requirements and own communication requests to Regional office & liaise with Corporate Treasury to ensure timely transfers
- Review Cash True-Up process to ensure correct classification of bank transactions
Other items:
- Support internal and external business partners, as well as wider regional team
- Support local departments to address any payment, invoicing, payroll procurement, commissions, and policy questions as needed
- Own role of T&E Program Administrator; including providing guidance on T&E policies and ensuring compliance with policies
- Any other duties commensurate with the level of responsibility of this post, for which the post holder has the necessary experience and/or training
- Manage daily administrative tasks
Qualifications
Basic Qualifications:
- Degree in accounting with post-graduate accounting qualification (CA, CPA or equivalent) and Big 4 experience is preferred
- Experience managing billing and collections processes in Brazil
- Proven experience in a managerial or leadership role is required
- 3 to 5+ yrs of relevant experience in Financial Accounting;
- Experience ensuring integrity and completeness of financial records, including monthly transaction processing, reconciliations and the establishment of accounting processes & policies
- Strong financial and analytical skills with the ability to collect, analyze, and present results in a concise format.
- Broad process improvement mindset with a proactive approach in recommending positive changes and leading the agreed-upon change process; ability to adapt to an ever-changing and sometimes ambiguous environment.
- Must be self-motivated, self-directed and be able to work under pressure in a dynamic and high-change environment
- Demonstrated interpersonal skills to develop and maintain effective work relationships with all levels of personnel
- Fluent in English and Portuguese, with work experience in international companies
- Proven oral and written communication skills with ability to discuss business issues and translate them into financial implications and action plans.
- Working knowledge of Brazil Tax Compliance, including Income Tax, Transfer Pricing, ISS, etc.
- Drives results through intentional prioritization
- Must possess advanced Excel skills, including pivot tables, VLOOKUP and data modeling
- Self-motivated and able to work both independently and collaboratively
Eligibility Requirements:
- Advanced english, with work experience in international companies both oral and written; Spanish is a plus
- Reside within commutable distance to our São Paulo office as in-office collaboration is required at least 4 days/week.
Desired Characteristics:
- US Corporation, Big 4 and Entertainment Industry experience advantageous
- US GAAP knowledge as well as local accounting practices and ERP systems (preferably SAP)
- Strong communication and interpersonal skills to effectively interact at all levels of the organization
- Highly energetic and able to work to tight deadlines.
- Agile, resilient & inquisitive attitude
- Proactive & solution focused; strong ability to prioritize
- Team player with a strong work ethic; responsible and takes ownership
- Experience of working with various tools and platforms such as Blackline, Power BI, Tableau, Hyperion, BPC, Analysis for Office, etc.
You will play a critical role which is a mix of delivering responsibilities, process ownership and stakeholder management. Functionally, you will act as the local financial controller and will require solid awareness of the business you will be supporting; while understanding the tasks and responsibilities may evolve over time.
This role may require direct supervision of employee(s), with responsibility for performance management, coaching and development, workload prioritization, and day-to-day oversight. These responsibilities would also further expand for hiring, onboarding, and navigating people-related matters in alignment with company policies, values, and evolving workplace expectations.
As part of our selection process, external candidates may be required to attend an in-person interview with an NBCUniversal employee at one of our locations prior to a hiring decision. NBCUniversal's policy is to provide equal employment opportunities to all applicants and employees without regard to race, color, religion, creed, gender, gender identity or expression, age, national origin or ancestry, citizenship, disability, sexual orientation, marital status, pregnancy, veteran status, membership in the uniformed services, genetic information, or any other basis protected by applicable law.
If you are a qualified individual with a disability or a disabled veteran and require support throughout the application and/or recruitment process as a result of your disability, you have the right to request a reasonable accommodation. You can submit your request to [email protected].
