Senior Financial Accountant - Flutter Functions, Hybrid

Senior Financial Accountant - Flutter Functions, Hybrid

About Betfair Romania Development​:

Betfair Romania Development is the largest technology hub of Flutter Entertainment, with over 2,000 people powering the world’s leading sports betting and iGaming brands. Exciting, immersive and safe experiences are delivered to over 18 million customers worldwide, from our office in Cluj-Napoca. Driven by relentless innovation and commitment to excellence, we operate our own unbeatable portfolio of diverse proprietary brands such as FanDuel, PokerStars, SportsBet, Betfair, Paddy Power, or Sky Betting & Gaming,

Our Values:

The values we share at Betfair Romania Development define what makes us unique as a team. They empower us by giving meaning to our contributions, and they ensure that we consistently strive for excellence in everything we do. We are looking for passionate individuals who align with our values and are committed to making a difference.

Win together | Raise the bar | Got your back | Own it | Positive impact

About Flutter Functions:

The Flutter Functions division is a key component of Flutter Entertainment, responsible for providing essential support and services across the organization. The division encompasses various corporate functions, including finance, legal, human resources, technology, and more, ensuring seamless operations and strategic alignment throughout the company.

Role Overview:

We are seeking a Senior Financial Accountant with SOX Compliance and Oracle experience to join our Finance Operations team. In this role, you will be responsible for managing financial reconciliation processes, implementing and monitoring internal controls in compliance with SOX requirements, and utilizing Oracle for processing and reporting financial data. You will contribute to ensuring financial regulatory compliance and maintaining the integrity of the company's financial data.

Key Responsibilities:

• Coordinate the month-end and year-end closing processes, ensuring timely and accurate reporting.
• Collaborate with the Finance Business Partners to allocate costs to the correct division. 
• Perform bank reconciliations, balance sheet reconciliations, and other financial account reconciliations for 2 systems (Oracle and statutory).
• Identify and resolve discrepancies in financial documents.
• Collaborate with internal finance teams to ensure accuracy and completeness of financial reports.
• Perform reconciliations under SOX standards.
• Actively participate in the implementation and monitoring of internal controls to ensure compliance with SOX standards.
• Coordinate and ensure that financial processes and procedures comply with SOX requirements.
• Prepare necessary documentation for internal and external audits, including evaluating internal controls.
• Audit support: Collaborate with internal and external auditors to facilitate audits, providing documentation and explanations as needed to ensure compliance and accuracy.
• Use Oracle for recording and analyzing financial transactions.
• Create and update financial reports and reconciliation documents within Oracle.
• Ensure the accuracy and integrity of data entered into the system.
• Prepares Intercompany invoices based on information from the statutory accounting systems;
• Provides the accounting team with information regarding monthly adjustments.
• Reconciles and highlights P&L variances between the two accounting systems (group and statutory).
• Ensures all costs are correctly mapped to invoicing codes (clients) and service types.
• Ensures the big picture statutory requirements are met in terms of how the transfer pricing file, the intercompany recharges and the tax exemption process reconcile with one another.
• Actively participates in the annual asset count process.
• Complies with local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• Works towards tax optimization, by ensuring all expenses are covered by supporting documentation and are tax deductible where appropriate.
• Assists the Finance Operations Manager in the development and the implementation of effective accounting policies, procedures and processes.
• Work closely with internal and external audit teams to support audit processes and ensure compliance with financial standards.
• Collaborate with other departments to address any reconciliation or compliance concerns or questions.