Accounting Manager
Norsk Hydro
Company Overview
Norsk Hydro ASA
Oslo, Norway
1905
Approximately 32,000 to 38,000 employees globally (source: company-histories.com). Revenue of €20.5 billion in FY 2023 (source: hydro.com).
What They Do
Norsk Hydro's core technology focus centers on low-carbon aluminum production powered by renewable energy sources, including hydropower, wind, solar, and green hydrogen. The company specializes in aluminum recycling and extrusion, producing a variety of products such as extrusion ingots, sheet ingots, foundry alloys, and low-carbon aluminum with a carbon footprint of less than 0.5 kg CO2 per kg from 100% post-consumer scrap (source: hydro.com). Additionally, Hydro provides renewable energy solutions, generating approximately 9 TWh annually from 17 hydroelectric stations in Norway, alongside wind power purchase agreements and solar projects in Brazil (source: industrialinfo.com). The company serves diverse markets, including automotive, construction, and electrification, with notable clients such as Mercedes-Benz and LEVC for low-carbon aluminum applications (source: shell.com). Hydro's competitive edge lies in its commitment to sustainability, with Norwegian production boasting a carbon footprint 75-80% lower than the global average, and its innovative HalZero zero-emission smelting technology (source: etftrends.com).
Projects & Track Record
Norsk Hydro has a rich history of notable projects, including the Karmøy aluminum reduction plant and the Rødal-Suldal hydroelectric facility, which opened in 1967 to power it. The Sunndal plant is recognized as Europe's largest primary aluminum plant, while the Årdal plant produces aluminum with a carbon footprint of just 3 kg CO2/kg, utilizing 25% recycled scrap and hydropower (source: encyclopedia.com). Currently, Hydro is constructing the 48 MW Illvatn pumped-storage hydro plant in western Norway, which is expected to generate 107 GWh annually and enhance reservoir capacity for aluminum smelting operations by 2030 (source: industrialinfo.com). The company has also secured a power purchase agreement with the Fosen Vind wind farm, which will provide a total of 18 TWh of renewable energy over the coming years (source: powersystems.technology). Hydro's geographic presence spans over 14 locations across multiple countries, including Norway, Brazil, the UK, Germany, Sweden, France, and North America, showcasing its extensive aluminum value chain operations (source: worldbenchmarkingalliance.org).
Recent Developments
In 2024, Norsk Hydro commenced receiving 100% REGO-certified renewable electricity from Shell Energy's Rhyl Flats wind farm for its UK operations, which will power electric forklifts and cooling systems for lower-carbon aluminum production (source: shell.com). The construction of the Illvatn pumped hydro project marks a significant milestone, being Norway's largest in decades, with operations expected to begin in 2030 (source: industrialinfo.com). Hydro has also signed a supply agreement with Mercedes-Benz for low-carbon aluminum sourced from the Årdal plant for its CLA electric vehicle, further solidifying its position in the automotive sector (source: industrialinfo.com). Additionally, Hydro Rein is expanding its investments in Brazil, focusing on solar and wind energy to support its industrial complexes and pursue long-term green power contracts (source: powersystems.technology). The company has also achieved a significant milestone by delivering Europe's first near-zero aluminum, produced with a carbon footprint of less than 0.5 kg CO2/kg from 100% post-consumer scrap (source: etftrends.com).
Working There
Norsk Hydro offers a diverse range of roles across five primary business areas: Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy. Positions include engineering, operations, research and development for innovative technologies like HalZero and green hydrogen, as well as sales and sustainability roles (source: worldbenchmarkingalliance.org). The company actively hires at various locations, including its Oslo headquarters, production sites in Sunndal, Årdal, Karmøy, and Fortun, as well as in the UK, Germany, Brazil, and North America (source: shell.com). Norsk Hydro's culture emphasizes industrial innovation and sustainability, reflecting its historical roots in fertilizer production and its current commitment to energy transition leadership (source: hydro.com). While specific employee benefits are not detailed, the company's scale and Norwegian base suggest competitive compensation packages aligned with public industrial standards (source: jobsconnection.sme.org). Job seekers are encouraged to explore the careers page for opportunities in energy, aluminum, and engineering as the company continues to expand its operations.
Last updated on Feb 23, 2026 | Report an issue
For our Global Business Services (GBS) Finance Italy organization, we are currently seeking an Accounting Manager. Based at our offices in Cernusco sul Naviglio / Ornago (Milan area) and reporting directly to the Head of GBS Regional Hub Europe South, you will be responsible for overseeing accounting activities for three legal entities in Italy. The scope includes general accounting, statutory and management reporting, and local tax matters, supporting our Extrusion and Building Systems business units.
What you will be doing
- Ensure the quality, accuracy, and reliability of accounting information
- Manage the preparation, calculation, and reporting of local taxes, ensuring compliance with Italian regulations, IFRS standards, and Group requirements
- Oversee all general accounting entries, ensuring appropriate controls, documentation, and accuracy
- Supervise monthly and annual closing activities and accounting reporting
- Lead, coach, and develop a team of five accountants reporting directly to you
- Actively manage relationships with key internal and external stakeholders Collaboration & Projects
- Serve as a key finance contact, working closely with Controlling and IT teams
- Contribute to the development and continuous improvement of accounting processes and information systems
- Participate in cross-functional and cross-entity projects, including planning, execution, and progress communication
- In close collaboration with the Finance Managers of Building Systems and Extrusion, liaise with statutory auditors and tax authorities
- Interact with other entities across the Norsk Hydro Group
What will make you successful?
- Higher education in Accounting or Finance (University degree, master's degree, or equivalent)
- Minimum 4 years of experience as accounting manager in an international or multinational environment
- Strong knowledge of IFRS standards
- SAP Finance proficiency is a plus
- Very good knowledge of English
- Strong Excel skills
- Proven leadership skills, ability to work effectively in a matrix organization, and strong task-prioritization capabilities
What we offer you
- Working at the world's only fully integrated aluminum and leading renewable energy company
- Diverse, global teams
- Flexible work environment/home office
- We provide you the freedom to be creative and to learn from experts
- Possibility to grow with the company, gain new certificates
- Attractive benefit package
Equal opportunities
At Hydro, we believe diversity makes us stronger. We welcome diverse experiences and perspectives, and invite all qualified candidates to apply. We review every application fairly and strive to provide equal opportunities for everyone to grow and succeed.
Why Hydro?
Are you looking to make a real impact? For over a century, our people have been the driving force in solving some of the world's most pressing issues - and we hope you'll join us in solving the next century's. Whether you're working to close the loop at one of our recycling facilities or ensuring efficient renewable energy processes to decarbonize aluminium production, your contributions make an impact in our shared purpose of propelling our industries and the world into a greener future.
A job where you make a difference
A key part of succeeding in this mission involves encouraging a collegial environment where our differences are acknowledged as our greatest competitive advantage. Your diverse perspective makes us stronger. Our global diversity, inclusion and belonging program enables us to cultivate a high-performing and inclusive workplace where everyone feels valued.
Your career journey is unique. We strive to provide you with the support needed to achieve your full potential. With our global reach, inclusive culture, and cutting-edge technology you'll have the opportunity to build a career that aligns with your strengths and passions. Join our global community of over 30,000 people with a presence in 40 countries and united by the values of Care, Courage and Collaboration. At Hydro, you have the chance to make a difference in the industries that matter. Explore our world and the heart of our operations.
Apply now
Job expired?Please let Norsk Hydro know you found this job on Rejobs. It helps us grow and get more people working in renewable energy.
Apply now
Job expired?Please let Norsk Hydro know you found this job on Rejobs. It helps us grow and get more people working in renewable energy.
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About the role
June 18, 2026
Full time
Company
- Ornago, Lombardy, Italy
- Cassina de Pecchi, Italy
Minimum 4 years as accounting manager
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