Location: Lisbon, Portugal

Working hours: Full-time

Contract type: Permanent

About the Role

We are seeking an experienced EU Closing Supervisor to lead and coordinate the month-end, quarter-end, and year-end closing activities across multiple European entities. This role is responsible for ensuring timely, accurate, and compliant financial close execution while providing leadership and guidance to the Record to Report team.

The EU Closing Supervisor acts as a key partner to Finance, Controlling, Tax, Treasury, and external auditors, driving operational excellence, standardization, and continuous improvement within the closing and reporting processes.

Key Responsibilities

Lead and coordinate month-end, quarter-end, and year-end closing activities for assigned European entities

Ensure all accounting activities are completed accurately and within agreed deadlines

Review and approve journal entries, accruals, provisions, and adjustments

Oversee balance sheet reconciliations and ensure timely resolution of reconciling items

Monitor close progress and proactively address risks that could impact reporting timelines

Support the preparation of statutory and management reporting requirements

Ensure compliance with IFRS, local GAAP requirements, and corporate accounting policies

Supervise, coach, and develop a team of accountants responsible for closing activities

Allocate workload and resources to ensure delivery of team objectives

Conduct performance reviews, development discussions, and ongoing feedback sessions

Support onboarding and training of new team members

Foster a culture of accountability, collaboration, and continuous improvement

Controls, Compliance & Audit

Ensure execution of key financial controls and compliance with SOX/internal control requirements where applicable

Maintain strong governance over close processes and documentation standards

Coordinate internal and external audit requests

Ensure audit readiness and timely resolution of findings and recommendations

Support implementation and monitoring of process controls and risk mitigation measures

Stakeholder Management

Act as the primary point of contact for closing-related matters across European entities

Partner with Business Finance, Controlling, Tax, Treasury, FP&A;, and local finance teams

Communicate close status, risks,



and issues to management and stakeholders

Collaborate with Global Business Services and other finance functions to ensure process alignment

Identify opportunities to streamline, standardize, and automate closing activities

Drive process improvement initiatives to enhance efficiency and quality

Support implementation of new accounting requirements, systems, and process changes

Leverage SAP, Cognos,BlackLine, and other finance technologies to optimize R2R operations

Contribute to finance transformation and shared service excellence initiatives

Who You Are

Bachelor's degree in Accounting, Finance, Economics, or related field

Professional accounting qualification (ACCA, CPA, CIMA, or equivalent) is preferred

5-8+ years of progressive experience in Accounting, Record to Report, or Financial Reporting

Previous experience leading teams within a Shared Services or multinational environment

Strong understanding of period-end close, balance sheet reconciliations, and financial reporting

Good knowledge of IFRS and financial controls frameworks

Strong analytical and problem-solving skills

Excellent communication and stakeholder management capabilities

Ability to manage multiple priorities in a fast-paced environment

Strong attention to detail while maintaining a continuous improvement mindset

Technical Skills

Advanced knowledge of SAP and other ERP systems

Experience with reporting and consolidation tools such as Cognos

Advanced Microsoft Excel skills

Experience with reconciliation and close management toolsis an advantage

Familiarity with process automation and finance transformation initiatives

Key Success Measures

On-time completion of month-end, quarter-end, and year-end close

Quality and accuracy of financial reporting

Reduction in open reconciliation items and aged balances

Compliance with internal controls and audit requirements

Team engagement, development, and retention





Delivery of process improvement and automation initiatives

Stakeholder satisfaction and service excellence

What We Offer

Opportunity to lead a critical finance function within a multinational environment

Exposure to complex European accounting and reporting processes

Career growth and leadership development opportunities

Participation in finance transformation and automation initiatives

Collaborative and international working environment

Competitive compensation and benefits package

Working at STG &What; to expect

At Scandinavian Tobacco Group (STG), we are so much more than what meets the eye. We combine the strength of integral brands with the entrepreneurial mindset that allows people to make a real impact. Here you'll have the opportunity to grow your career, collaborate across borders, and help shape what's next.

For this role, the Annual Base Salary ranges from EUR 26,250 to EUR 43,500 corresponding to the level of the position, expected experience and responsibilities.

Incentives and Benefits: The salary package may include short‑term and/or long‑term incentives as well as other employee benefits based on position level, location, functionalareaand relevant market benchmarks.

Our recruitment process

Before starting our hiring process, your application will be reviewed by a member of our Talent Acquisition team.We assess each application againstthekeycompetencies and requirements for the role. If your experience and skills are a good match,you’llbe invited to continue through our hiring process, whichmay includethe following steps:

Recruiter screen

Interview with the hiring team

Assessment, case study, or work sample, if relevant

Final interview with leadership or key stakeholders

Scandinavian Tobacco Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Please be informed that this Direct Search is conducted exclusively by Scandinavian Tobacco Group. We do not accept applications from agencies, and we will not provide compensation for unsolicited CVs.

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📌 EU Closing Supervisor (Alcántara)
🏢 Scandinavian Tobacco Group Tobacco Service
📍 Alcántara