Accountant/Finance Manager – Italy Services Department

Location: Milan, Italy

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Reports to: Europe Regional Finance Director

Salary: €50,000–60,000

Purpose

The Finance Manager will have full ownership of the Italy Services entity (c.15 employees), leading all financial, payroll, and statutory activities. This is a hands‑on role combining financial control, accounting, payroll coordination, and business partnering within a small, standalone entity environment.

Responsibilities

1. Financial Control & Accounting

Maintain full ownership of the general ledger and accounting records; record and analyse salaries, including payroll postings and reconciliations; manage fixed assets (capitalisation, movements, and monthly depreciation); record purchase invoices, staff expenses, and ensure compliance with deductibility rules; prepare and post accruals and deferrals (G&A; and other costs); manage bank postings, reconciliations, and transaction allocations.

2. Payments & Cash Management

Oversee and process all payments including salaries, tax payments, pension funds, and suppliers; VAT, corporate taxes, and other statutory payments; act as secondary approver on banking platforms; monitor cash flow and working capital.

3. VAT, Tax & Statutory Compliance

Prepare and submit VAT returns and maintain VAT registers; manage quarterly and annual tax declarations; coordinate with external advisors (CPA, payroll consultant); ensure compliance with Italian statutory and tax requirements.

4. Management Reporting & Planning

Prepare monthly management accounts with variance analysis; produce additional reporting (e.g. Prophix reports); support budgeting and forecasting processes including P&L; and G&A; cost planning, salary cost projections; reconcile budget/forecast vs. actuals.

5. Payroll Administration





Act as key interface with outsourced payroll provider; collect and submit monthly payroll inputs (absences, sick leave, parental leave, salary adjustments, working hour changes, expense reimbursements, benefits); review payroll outputs and ensure accuracy of payslips; process salary payments and resolve discrepancies.

6. Employee Finance Administration

Support onboarding processes (tax data, benefits, system coordination); manage lunch voucher process (calculation, ordering, distribution); support expenses process with ongoing automation improvements; process premio payments in coordination with HR.

7. Revenue & Intercompany Accounting

Raise and record sales invoices (including SDI e-invoicing); manage recharge invoices and intercompany transactions; reconcile intercompany balances and agreements.

8. Audit & Governance

Lead the audit process and prepare statutory accounts; ensure timely delivery of audit requirements and filings; maintain strong internal controls and compliance.

9. Team & Stakeholder Management

Manage and oversee the local finance resource; act as the primary finance contact for the Italy entity; collaborate with HR, regional finance teams, and external providers.

Skills & Experience
- Qualified accountant or equivalent experience in Italy.
- Strong knowledge of Italian GAAP, VAT, and payroll processes.
- Experience in a broad, hands‑on finance role within a small entity.
- Strong understanding of end‑to‑end accounting and payroll.
- Experience working with external payroll providers and auditors.
- High attention to detail and strong organisational skills.
- Fluent in Italian and English.

Person Specification
- Hands‑on and proactive, with a strong sense of ownership.
- Comfortable operating as a standalone finance lead.
- Strong problem‑solving and process improvement mindset.
- Effective communicator with both finance and non‑finance stakeholders.

EEO Statement

Abercrombie & Kent is an equal opportunity employer. xysqume We celebrate diversity and are committed to creating an inclusive environment for all employees.

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📌 Accountant/Finance Manager (Milano)
🏢 Abercrombie & Kent
📍 Milano