Accounting Manager - Munich

Job description

CLO Virtual Fashion is redefining the future of apparel through cutting-edge 3D clothing simulation technology—powering the entire fashion lifecycle from concept and design to production, marketing, fitting, and styling. Since 2009, CLO has been building a dynamic digital fashion ecosystem, driven by its industry-leading simulation algorithms that blend the physical and virtual worlds of clothing. Our suite of tools—including CLO, Marvelous Designer, and Jinny—streamlines every stage of the garment creation process, while platforms like CLO-SET and CONNECT enable seamless collaboration, content management, and digital asset workflows. Through smart tagging technology, CLO also links physical and digital garments, creating an integrated and intelligent fashion infrastructure built for the future of design and sustainability. CLO Virtual Fashion, a global leader in digital fashion innovation, operates across 16 offices in 13 countries—including key hubs in Asia, North America, Europe, and South America. As the demand for immersive, tech-driven fashion solutions grows, CLO continues to expand its global footprint, powered by a rapidly growing international user base and a future-focused vision. **Position Overview** We are looking for a full-time, tech-savvy Accounting Manager in Munich to establish internal financial and accounting processes and ensure proper bookkeeping. You will be focused on daily operational tasks as well as other exciting global projects. **Please note that the position is in Munich, Germany and requires individual to relocate.** ### Key Responsibilities: Financial Reporting and Close Process Management - The successful candidate will assume primary responsibility for the accurate, timely, and compliant management of the financial close process. This includes: - **Month-End, Quarter-End, and Year-End Closing:** Taking full ownership of the entire financial closing cycle, ensuring all entries, accruals, and reconciliations are completed efficiently and in accordance with relevant accounting standards (HGB). This encompasses managing the closing calendar, coordinating with other departments for necessary inputs, and reviewing preliminary results. - **Financial Statement Reporting:** Preparing and reviewing comprehensive financial statements (Balance Sheet, Income Statement, Cash Flow Statement) for internal management use and external reporting requirements. This involves ensuring the integrity and accuracy of the reported figures, including detailed analysis of variances and trends. - **Treasury responsibilities:** encompass the comprehensive management of accounts receivable aging to ensure timely collections, the meticulous preparation of vendor payments to maintain strong supplier relationships, and the diligent monitoring of cash flow to ensure financial stability and support strategic decision-making within the organization. - Serve as POC for an external accounting firm and tax advisor. - Develop an e-invoicing procedure that streamlines the billing process, enhances accuracy, and facilitates timely payments. - Review and ensure the accuracy and compliance of VAT and Corporate Tax returns prepared by external accounting firms. ### Requirements - Bachelor’s Degree in Accounting or Finance, or similar - Minimum 3-5 years of accounting and/or finance experience - Native in German & fluent in English - Ability to work independently on the monthly accounting cycle - Excellent interpersonal and communication skills - Knowledge of German GAAP - Experience with Microsoft Dynamics 365 (D365) or other accounting software ### Plus if you have - Prior experience in public accounting - Experience in the software industry or a multinational company - Knowledge in German or European tax - CPA or German equivalent (WP) ### Benefits - Refresh month after every 5 years of employment in the company - 1 week extra holidays between Christmas and new years - Company Pension Scheme - Deutschland Ticket - Partial Gym Membership Support (Urban Sports Club) - International + modern working environment - Young and fast growing team - Start Up mentality - Room for growth - Flexible working hours