GRUNDFOS

Associate Finance Specialist

GRUNDFOS  •  Budapest, HU (Onsite)  •  3 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Would you like to join the Grundfos Group Treasury Back Office and take responsibility for activities related to banks and investments, including controls, reconciliations, analysis, and reporting?


What is the job about?
As our Senior Accountant, Group Treasury, you will be responsible for the back-office handling, control, confirmation, settlement, reporting, and accounting support of FX deals and related treasury transactions for selected Grundfos companies. This key control role ensures transaction data is accurate, complete, confirmed with banks, and correctly reflected in Treasury and accounting systems.
We are looking for someone with a strong control mindset, attention to detail, and an interest in FX and treasury operations. You enjoy working with data, collaborating with banks and stakeholders, and driving continuous improvement and automation of FX Back Office processes.


Your main responsibilities

Execute activities defined in the SLAs/OLAs for Group Treasury FX Back Office
Review and control FX deals, including spot, forward, swap, and other treasury transactions
Ensure timely confirmation, matching, and settlement of FX deals with banks, Treasury Front Office, and local Finance teams
Resolve confirmation and settlement issues with banks
Maintain treasury and master data relevant to FX Back Office processes
Perform daily and monthly reconciliations between Treasury systems, bank confirmations, statements, and accounting records
Prepare reporting on deal status, settlements, reconciliations, bank fees, and controls
Execute month-end and year-end activities, including reconciliations and accounting support
Support Treasury Front Office with validated data, documentation, analysis, and audit requests
Drive optimization, automation, and standardization of controls, reporting, and procedures
Perform other Treasury tasks assigned by the Process Manager and/or Head of Group Treasury, Risk Management & Insurance

Your background

University or college degree in economics, finance, accounting, or a related field
2–4 years of experience in treasury operations, FX back office, banking operations, accounting, controlling, RTR, or a similar finance area
Strong analytical and control mindset with the ability to resolve discrepancies
Excellent English communication skills, written and spoken
Solid knowledge of SAP/ERP systems
Strong Excel and MS Office skills, with an interest in automation and reporting
Experience with or interest in process improvement initiatives
Interest in digitalization, new technologies, and AI-supported finance processes

What’s in it for you?
Whether you want to deepen your expertise or build new skills, we support your growth through continuous learning and development opportunities that help shape your long-term career at Grundfos. From day one, you will join an inclusive and trusting environment guided by our six core values.


In addition, you will enjoy:

A well-equipped home office setup and flexibility to work from our offices, collaborate, and connect with colleagues
Flexible working hours and up to 3 additional paid volunteering days per year
Annual bonus, health insurance, parental support, and well-being initiatives
Access to the Grundfos Academy for personal and professional development
A diverse and inclusive environment with employee-led forums that encourage connection and open dialogue

We would like you to start as soon as possible and no later than September.


We look forward to hearing from you!

GRUNDFOS

About GRUNDFOS

We’re a global leader in water solutions. Every day, our intelligent, energy-saving pumps and water solutions help provide comfort, deliver drinking water, remove wastewater or sustain crops all over the world. We want to ensure water is accessible and reliable for all.

Since 1945, we’ve proudly protected, respected and advanced the flow of water. Our global family of 20,000 innovators is driven by our purpose: to pioneer solutions to the world’s water and climate challenges and improve quality of life for people. Our pioneering drive has recently resulted in acquisitions which further strengthen our capabilities in Water Treatment.

At Grundfos, we create possibilities together in a diverse, supportive environment where we succeed together by celebrating our differences. Join us as we take the lead in innovating newer, smarter methods to advance the flow of water and reduce the use of energy.

Industry
Manufacturing & Production
Company Size
10,000+ employees
Headquarters
Bjerringbro, DK
Year Founded
1945
Social Media