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Accounting changes depress telecom and pay TV growth in 2018
2018-11-09 19:30:56| Digital TV News
Worldwide spending on Telecom Services and Pay TV Services will increase by 0.6% in 2018, according to IDC. Over of the 2017-2022 forecast period, the market is expected to grow at a CAGR of 0.8%.
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accounting
IBM and SAP plan a blockchain-based joint venture accounting solution for oil and gas
2018-07-18 10:29:18| Oil IT Journal - www.oilit.com
New solution for billing reconciliation and settlement issues said to speed reconciliation. But may cannibalize SAP's own JVA package.
Senior Analyst, Corporate Accounting
2018-06-25 19:28:32| Space-careers.com Jobs RSS
Where others see barriers, we see opportunities. Do you enjoy supporting customers realizing breakthrough value? Do you stay attuned to your customers needs and visions? Do you like to work openly and supportively together with your colleagues and customers? Our work involves many different minds and skills, it cant be done alone. Its a great time being SES. SES is the worldleading satellite operator providing endtoend communication solutions. SES leads across new technologies in video, enterprise, mobility and government We are a team of people coming from all across the globe who work together to make a real difference in the world. We help to bridge the digital divide by connecting millions of people on the African continent. We make it possible for people to stay connected while flying 10km up on a commercial airplane. We provide extensive satellite coverage of all of the worlds seas and ocean regions via our dedicated mobility beams We distribute 7,400 channels to more than 1 billion people in 317 million homes. We work together with our partners to develop new standards that transform how people consume and enjoy entertainment. Senior Analyst, Corporate Accounting Luxembourg Betzdorf You will be responsible for the financial recordkeeping of SES S.A., the listed parent company of the SES group and potentially also other special purpose corporate entities. You will ensure that internal financial reporting processes, primarily the monthly closing, are completed on a timely basis and with the required level of quality, as well as drafting annual financial statements for audit and addressing any other regulatory reporting obligations. Additionally you will be responsible for monitoring the consolidated net financing charges of the SES group, including specifically net foreign exchange exposures, and developing strategies together with the Treasury and Tax departments to mitigate any such risks identified. You will also take part in, or lead, other aspects of the groups financial reporting processes. Your responsibilities Perform financial recordkeeping for the assigned corporate entities, generally the posting of journal entries and generating reconciliations to support the monthly general ledger close, and associated monthly procedures, both under the local GAAPs as well as under IFRS for grouplevel reporting. Resolve issues in the closing process through clear communication with team members across the group, including Tax and Treasury, as necessary. Prepare the annual accounts of SES S.A. and address external auditor requests arising during the biannual audit process. Assist with the drafting sections of the SES consolidated financial statements as required. Generate monthly analyses of the net financing charges of the group primarily interest charges, capitalised interest, and net foreign exchange charges. In close cooperation with Treasury and Tax, identify any potential exposures and develop mitigation strategies, for example hedging, to manage them. Your competencies A combination of expertise is required in SAP standard general ledger procedures plus in Treasury Management operations and an advanced technical basis in the regulatory framework for recording financial operations under both Luxembourg GAAP and IFRS. Good understanding of holding company accounting issues such as external borrowings and derivatives, as well as intercompany financing structures such as cash pooling and centralised inhouse treasury operations. Ability to communicate clearly, and resolve issues promptly, in an international environment. Strong analytical skills and care in understanding and checking information. Personal skills in establishing priorities, seeking guidance where needed, and offering a certain flexibility to be available at peak pressure moments. Your Qualifications Experience Qualified accountant ACCA or equivalent, preferably with a Big 4 background A solid technical basis in Luxembourg GAAP and IFRS, especially in the area of financial instruments Direct handson SAP experience, including SAP Treasury Management, a significant advantage Minimum five years of relevant working experience Fluency in English, both oral and written. Other languages e.g. French or German an asset We offer you A diverse workplace. For SES, diversity is more than a question of gender or race we welcome different minds and different skills. An exciting job opportunity in a fast moving and fascinating industry. Our technology is launching into space on the next generation of rockets. Opportunities to further grow and develop in a global and growing company we believe lifelong learning is key to bring the best of SES worldwide. A competitive compensation package linked to your performance and further completed with attractive benefits. SES is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Apply HERE
Tags: corporate
senior
accounting
analyst
Alphabet revenues jump 26% in Q1, helped by new accounting rules, currency effects
2018-04-24 08:44:00| Telecompaper Headlines
(Telecompaper) Google parent company Alphabet said revenues for the first quarter jumped 26 percent from the year before to USD 31.15 billion, helped by currency fluctuations. On a constant currency basis, revenues went up 23 percent in the quarter. The net profit leaped to USD 9.40 billion from 5.42 billion, with diluted earnings per share rising to USD 13.33 from 7.73, helped by new accounting standards, which change how companies report equity investments. Without these changes, the net profit would have reached USD 7 billion and diluted EPS around USD 9.93.
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rules
effects
accounting
Accounting Officer
2018-04-06 18:24:29| Space-careers.com Jobs RSS
Vacancy in the Directorate of Internal Services. ESA is an equal opportunity employer, committed to achieving diversity within the workforce and creating an inclusive working environment. Applications from women are encouraged. Post Accounting Officer This post is classified A2A4 on the Coordinated Organisations salary scale. Location ESA Headquarters, Paris, France Description Reporting to the Head of the Financial Accounting and Fixed Asset Section in the Accounting Division, Finance, Planning and Controlling Department, Directorate of Internal Services the postholder is responsible for IPSAScompliant financial accounting and processing of ESA activities. Duties Specific duties include processing accounting entries in SAP maintaining financial accounting master data including the ESA Chart of Accounts preparing VAT claims and related postings preparing and checking final accounts of programme completion reports performing account reconciliations on a regular basis reconciling intercompany postings managing the accounting of the ESA pension and social security schemes and related reporting preparing regular and ad hoc financial management reports extracting and checking quarterly and annual costs reports of ECfunded programmes supporting the monthly and yearly closure of financial accounts and related tasks supporting the preparation of annual IPSAScompliant financial statements including disclosures participating in the reinforcement of internal quality controls of financial information preparing requested documentation for auditing IPSAS financial statements supporting draft audit responses with regard to IPSASrelated audit observations providing support and performing other workrelated duties as requested. Technical competencies SAP knowledge, mainly financial modules FImodules Strong analytical and reporting skills Cost and financialmanagement accounting Knowledge of accounting standards IPSAS andor IFRS Indepth knowledge of Microsoft office, particularly Excel Behavioural competencies Communication Problem Solving Self Motivation Results Orientation Teamwork Customer Focus Planning Organisation Education Applicants should have a Masters degree or equivalent qualification in business administration, finance, accounting or a related field. An accounting qualification as Certified Public Accountant CPA, Chartered Accountant CA or Chartered Institute of Management Accountants CIMA is desirable. Additional requirements A minimum of five to eight years proven work experience in accounting at private or publicsector multinational organisations. Extensive operational accounting experience in SAP FI modules general ledger, VAT, accounts payable, accounts receivable, cashbanks, miscellaneous, fixed assets is required. Practical experience in the preparation of IPSAS financial statements. Other information For behavioural competencies expected from ESA staff in general, please refer to the ESA Competency Framework. The working languages of the Agency are English and French. A good knowledge of one of these is required. Knowledge of another Member State language would be an asset. The Agency may require applicants to undergo selection tests. The closing date for applications is 04 May 2018. If you require support with your application due to a disability, please email contact.human.resourcesesa.int. Please note that applications are only considered from nationals of one of the following States Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Romania, Spain, Sweden, Switzerland, the United Kingdom and Canada and Slovenia. According to the ESA Convention the recruitment of staff must take into account an adequate distribution of posts among nationals of the ESA Member States. When shortlisting for an interview, priority will first be given to internal candidates and secondly to external candidates from underrepresented Member States. see Nationality Targets In accordance with the European Space Agencys security procedures and as part of the selection process, successful candidates will be required to undergo basic screening before appointment. Recruitment will normally be at the first grade in the band A2 however, if the candidate selected has little or no experience, the position may be filled at A1 level. Apply HERE
Tags: accounting
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