About the job
As a Technical Financial Accountant at Telefónica Tech, you will play a crucial role in ensuring adherence to accounting standards while addressing intricate technical accounting matters. Your expertise will enhance the accuracy of financial reporting and compliance. This position emphasizes interpreting IFRS/GAAP requirements, preparing statutory accounts, and providing advisory support regarding accounting treatments for transactions and emerging standards.
Key Responsibilities
Technical Accounting & Compliance
- Interpret and implement IFRS/GAAP standards for complex transactions such as leases, revenue recognition, and financial instruments.
- Draft technical accounting papers for audit scrutiny.
- Track updates in accounting standards and evaluate their implications for the business.
Audit
- Design annual audit strategies based on risk assessments and business priorities.
- Establish the scope, objectives, and timelines for each audit engagement.
- Efficiently allocate resources and assign roles within the audit team.
- Lead and manage audit projects across financial, operational, and compliance domains.
- Ensure audits align with professional standards and organizational policies.
- Review working papers to verify that documentation supports audit findings.
Financial Reporting
- Prepare comprehensive consolidated financial statements and statutory accounts.
- Guarantee compliance with regulatory and disclosure mandates.
- Assist with the external audit process and address technical inquiries.
Advisory & Support
- Provide guidance to finance and business units regarding the accounting implications of new contracts and projects.
- Ensure consistent application of group accounting policies and offer support.
Controls & Governance
- Uphold robust internal controls over financial reporting.
- Assist with SOX compliance and related documentation.
Company Secretarial Experience (UK)
- Prepare and file Confirmation Statements, annual accounts, and event-driven filings with Companies House (e.g., AP01/CH01/PSC01-07, SH01, AA, CS01, TM01).
- Coordinate with external advisors to issue agendas, notices, minutes, and written resolutions for board and committee meetings, ensuring alignment with articles of association and shareholder agreements.
Continuous Improvement
- Identify enhancements to improve reporting processes and technical accounting efficiency.
- Assist with system upgrades relevant to technical accounting requirements.

