Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
General Ledger Team Leader image - Rise Careers
Job details

General Ledger Team Leader

Company Description

KOSTAL Group is a global, family-owned German company that develops market-leading solutions for the solar and automotive industries. The company has been established in 1912 and employs about 20 000 people at 47 locations in 22 countries. In Hungary, KOSTAL is about to build its first business service centre to provide business support in IT, finance, procurement, master data, sales and HR fields. This will be a global centre with high value-added and complex processes.

Job Description

Overall Purpose of Job:

This role is key to deliver a complete and accurate financial statement for all the in scope KOSTAL entities. Understand the connections between financial processes and their impact to the financial statement. Have a good understanding of each financial statement key sections to be able to identify anomalies, or inconsistencies.

  • Main tasks, roles and responsibilities:
  • Involved in the transition of General Ledger accounting processes from various KOSTAL entities to KBS
  • Ensure timely and accurate reporting of accounting data, including additional analysis, schedules and research
  • Ensure and perform local statutory accounting for the legal entities in compliance with the respective local GAAP, including preparation of statutory financial reports
  • Ensure a reporting package for the group consolidation in accordance with German GAAP
  • Lead a team of Accountants and supervise team delivery of month-end closings, general ledger account analysis and reconciliations as well as asset ledger analysis
  • Contribute to preparation and review of management reports and financial information analysis on monthly, quarterly and annual basis
  • Manage ongoing operations of the team. Plan and monitor the capacity and workload of the team, hire additional team members according to anticipated workload
  • Coordination and controlling of the knowledge transfer and ensuring seamless post go-live stabilization of finance processes in scope
  • Contribute to define a closing schedule to speed up closing procedures, in close alignment with the Global Process Head/ Finance Head
  • Lead by example a cross-functional collaboration, create a motivating working atmosphere and actively drive the change management
  • Coach and motivate team members
  • Participate and lead projects assigned to the role (incl. Process optimization)
  • Identify, evaluate and resolve issues (incl. process improvements)
  • Adherent to agreed service levels, policies and procedures
  • Contribute in defining and implementing internal controls; be responsible of regular execution
  • Interact with external auditors
  • Engage in collaboration with the business and stakeholders to develop a professional relationship
  • Provide qualitative customer service; establish KPI’s to track GL
  • Performance in close alignment with the Global Process Head for GL

Qualifications

Experiences and requirements:

Education:

  • University or college degree in Economics or Finance
  • Accounting degree, also the Hungarian
  • National accounting certificate is an advantage

Work experiences – time/seniority/ sector:

  • At least 5 -10 years of experience in Accounting (end-to-end GL)
  • At least 2-5 years of leaderships experience

Technical/ IT knowledge:

  • Complete familiarity with SAP Fi Module
  • Good knowlege pf Microsoft Office or equivalent tools

Language – with level:

  • Fluent in English

Required Skills and Competencies:

  • Enjoy being a people leader, ability to build a good team work within the G/L organization
  • Willing to take on more responsibility
  • Energetic and communicative
  • Able to flag issues on time, and propose solution if possible
  • Able to pay close attention to detail and prioritize the right things at the right time
  • Able to summarize complex matters in a right to the point manner, and provide possible solutions for the senior leaders
  • Able to prioritize and work under time pressure
  • Confident to speak up

Additional Information

  • Flexible working conditions with remote work possibility (in-person presence is required from time to time), you can have a real work-life balance
  • Modern, newly renovated, sustainable office with parking space and bicycle storage area in the heart of Budapest
  • Supportive, diverse and highly skilled community
  • Ability to really make a difference and build new processes from scratch, you can participate in the formation and shape of the BSC processes
  • You can enjoy our value-oriented work culture: we are down-to-earth, appreciative, inspiring and innovative
What You Should Know About General Ledger Team Leader, KOSTAL Group

At KOSTAL Group, we are excited to announce our search for a General Ledger Team Leader based in Budapest, Hungary. If you are someone who thrives in a dynamic environment and is ready to lead a team of passionate accounting professionals, this role is perfect for you! The General Ledger Team Leader will play a pivotal role in ensuring that our financial statements are not only complete but also accurate, reflecting our commitment to excellence within our growing business service center. In this role, you'll transition General Ledger accounting processes from various KOSTAL entities to our new center, ensuring compliance with local GAAP and the preparation of statutory financial reports. You'll lead a dedicated team of accountants through month-end closings, deliver insightful management reports, and manage the overall operations of the team. We’re looking for a natural leader who can motivate others, encourage cross-functional collaboration, and drive process improvements. With flexible working conditions and a focus on work-life balance, this is an opportunity to shape new processes from the ground up in a supportive and diverse community. If you are ready to make an impact and build a career in a globally recognized company that values innovation and appreciation, apply today for the General Ledger Team Leader position at KOSTAL Group!

Frequently Asked Questions (FAQs) for General Ledger Team Leader Role at KOSTAL Group
What are the key responsibilities of the General Ledger Team Leader at KOSTAL Group?

As the General Ledger Team Leader at KOSTAL Group, your key responsibilities include overseeing the transition of GL accounting processes, ensuring accurate financial reporting, and leading a team of accountants through month-end closings. You'll also be responsible for compliance with local GAAP, preparing management reports, and driving process optimizations.

Join Rise to see the full answer
What qualifications do I need to apply for the General Ledger Team Leader position at KOSTAL Group?

To apply for the General Ledger Team Leader position at KOSTAL Group, candidates should have a university degree in Economics or Finance, with at least 5-10 years of accounting experience and 2-5 years in a leadership role. Having familiarity with SAP Fi Module and excellent English language skills are also essential.

Join Rise to see the full answer
What does KOSTAL Group offer in terms of work-life balance for the General Ledger Team Leader role?

KOSTAL Group promotes a healthy work-life balance for the General Ledger Team Leader role by offering flexible working conditions, including remote work opportunities. This allows you to manage your time effectively and enjoy life outside of work, while still being present for key in-person requirements.

Join Rise to see the full answer
How does the General Ledger Team Leader contribute to the overall success of KOSTAL Group?

The General Ledger Team Leader at KOSTAL Group plays a critical role in driving the accuracy of financial statements and compliance with regulations, which are essential for the company's success. By effectively leading the accounting team and engaging in process improvements, you will help establish efficient financial practices that support the company's growth objectives.

Join Rise to see the full answer
What skills are important for a General Ledger Team Leader at KOSTAL Group?

Important skills for a General Ledger Team Leader at KOSTAL Group include strong leadership abilities, attention to detail, proficiency in SAP Fi Module, and excellent communication skills. Being energetic and able to prioritize under pressure is also crucial for success in this fast-paced role.

Join Rise to see the full answer
Common Interview Questions for General Ledger Team Leader
Can you describe your experience with end-to-end general ledger accounting?

When answering this question, provide specific examples of your responsibilities in managing the full cycle of general ledger accounting, highlighting your ability to ensure accuracy in financial reporting and compliance. Share any experiences that demonstrate your problem-solving skills.

Join Rise to see the full answer
How do you ensure accuracy in financial reporting?

Discuss the importance of detailed account reconciliations, regular audits, and teamwork to unearth discrepancies. Mention tools and processes you employ to track accuracy in reporting.

Join Rise to see the full answer
What is your leadership style when managing an accounting team?

Emphasize your collaborative approach and adaptability in leading a diverse team. Illustrate with examples how you motivate and guide your team to achieve shared goals and promote a positive work environment.

Join Rise to see the full answer
Describe a time when you identified a process improvement in your previous role?

Provide a situational example that highlights your analytical skills. Discuss the approach you took, the outcomes of implementing the improvement, and how it positively affected the team's efficiency.

Join Rise to see the full answer
How do you handle tight deadlines during month-end close?

Detail your strategies for prioritizing tasks effectively and how you allocate resources within your team to meet critical deadlines without compromising on quality.

Join Rise to see the full answer
How do you approach preparing statutory financial reports?

Explain your knowledge of local GAAP and your experience with statutory reporting. Highlight your attention to detail and any systems you use to ensure reports are compliant and accurate.

Join Rise to see the full answer
Give an example of how you communicated complex financial information to non-financial stakeholders?

Share a specific instance where you simplified financial concepts for stakeholders. Illustrate your ability to summarize complex data into digestible information and emphasize the importance of clear communication.

Join Rise to see the full answer
What strategies do you implement to foster teamwork among accountants?

Discuss your methods of promoting collaboration, such as regular team meetings, open channels for communication, and team-building activities that enhance trust and camaraderie.

Join Rise to see the full answer
Can you describe your experience with SAP Fi Module?

Talk about your direct experience with SAP Fi, including specific tasks you performed using the software and how it aided your team's efficiency and accuracy in financial reporting.

Join Rise to see the full answer
What do you believe is the most important quality of a General Ledger Team Leader?

Share your perspective on qualities such as integrity, attention to detail, and strong leadership in guiding the team through complex financial processes, which are crucial to the role.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 14 days ago
Inclusive & Diverse
Collaboration over Competition
Fast-Paced
Growth & Learning
Empathetic
Photo of the Rise User
Sinch Remote No location specified
Posted 7 days ago
Photo of the Rise User
Posted 7 days ago
Photo of the Rise User
Axon Hybrid Sterling, Virginia, United States
Posted 20 hours ago
Photo of the Rise User
Posted 7 days ago
Photo of the Rise User
Posted 13 days ago
Photo of the Rise User
Posted 11 days ago
Photo of the Rise User
Posted 6 days ago

Founded back in 1912, KOSTAL develops and manufactures technologically advanced electronic, electromechanical and mechatronic products for major industrial companies.They are based in North Rhine-Westphalia, Germany.

12 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 15, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!
LATEST ACTIVITY
Photo of the Rise User
Someone from OH, Cleveland just viewed Accounting Co-Op (Part-Time) at Avery Dennison
Photo of the Rise User
Someone from OH, North Ridgeville just viewed Product Manager at ShiftCare
Photo of the Rise User
Someone from OH, North Ridgeville just viewed Product Operations at Binance
Photo of the Rise User
Someone from OH, Mentor just viewed Sales & Service Lead - Pinecrest at Alo Yoga
Photo of the Rise User
8 people applied to Accounting Assistant at HDR
Photo of the Rise User
Someone from OH, Mason just viewed Marketing & Communications Intern at Per Scholas
Photo of the Rise User
Someone from OH, Lakewood just viewed Recruiter (Talent Sourcing), 6 month contract at Jerry