Purpose of Role

The Transactional Finance Manager , reporting to the European Finance SSC Director is responsible to lead the Transactional Finance team (9) based in our Cognizant Budapest office for activities across Europe. Client and stakeholder focused, resilient and determined individual who can motivate a team into meeting tight deadlines.

The Transactional Finance Manager will communicate regularly with people from different countries and cultures at all levels (Finance Onsite, Stock Admin, Tax, Internal audit). The position provides a great opportunity to understand how the company works and what it does.

Tasks and Responsibilities

Provide leadership and management of the transactional finance team Responsible for training, motivation, and development of the team. Lead the transition of European Transactional Finance processes to the Budapest Finance SSC Prepare monthly timetable for all TF activities Ensure accurate and timely monthly, quarterly and year end close Analyze and improve the financial processes within the organization Manage the successful handover and go live of the processes. Define KPIs and SLAs to measure efficiency Build & maintain strong working relationships with Key Business Partners ( Finance Onsite, Stock Admin, Tax, Internal audit) Responsible for Journal preparation, review & entry Preparation & review of balance sheet Preparation & review of Intercompany and bank reconciliations. Investigation of any mismatches Preparation & review of monthly/quarterly VAT returns Arrange meetings with relevant teams to resolve ongoing queries Help Collate data for internal/external audit Identify opportunities for automations and standardisation Be the central point of contact for all European audit queries Provide cover for team & management when required Act as the initial point of contact for all escalations Ad hoc duties and special projects as requested by management.

Required Skills

Good communication skills Team player Good organizational skills, ability to prioritize workload Ability to meet constant deadlines Proactive approach to work to constantly improve internal processes A “can do” attitude Attention to detail and accuracy

Functional Prerequisites

Bachelor’s degree in accounting / finance In depth experience within a financial environment (preferably a multinational environment) Language skills: Fluent written and spoken English & Hungarian is essential. Computer Literate, especially Microsoft platforms & focus on Excel Knowledge of accepted accounting practices and principles

Please apply online

The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.

Cognizant is a global community with more than 300,000 associates around the world. We don’t just dream of a better way – we make it happen. We take care of our people, clients, company, communities and climate by doing what’s right. We foster an innovative environment where you can build the career path that’s right for you.

About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com

Our commitment to diversity and inclusion:
Cognizant is an equal opportunity employer that embraces diversity, champions equity and values inclusion. We are dedicated to nurturing a community where everyone feels heard, accepted and welcome. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.

Disclaimer: 
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.