Lead, Inter-Company Accounting

This person will be responsible for leading the Intercompany Team, work closely with global Controllers, reviewing monthly IC invoices, reconciliations, aging trackers, and should be able to provide solutions to resolve Global IC variances, support consolidation with analytics and business understanding and work closely with different stakeholders e.g. IC controllers, Tax Team, Treasury Team multiple offshore teams

Responsibilities:

Handle End of End IC process and manage team of 3-4 members and oversee their day-to-day operations and resolve queries/problems Understand the IC accounting process at Medline and learn the IC balances elimination logics set in Oracle FCCS Review the Month End activities performed by the IC team, including - Handling billing for IC transactions of US entity Review Global IC BS and PL Variances and Coordinate with stakeholders to resolve global IC variances Post a top-side entry in Oracle FCCS for high-value variances that remain open at ME Review BS reconciliation of IC GLs in detail, making sure all necessary backups are available and well documented and give feedback to team members with required action plan Timely and effectively follow-up with global Controllers on any pending data/ open queries Handle queries from Audit and Tax teams from time to time Provide solution to multiple stakeholders on adhoc and regular queries Establishing effective communication between the team and the stakeholders Process Improvisation - Standardize the IC process and assigned end to end activities to team members to enhance their business knowledge Identify potential solution to automate manual activities via transformation projects Strategizing plans to achieve team goals in a timely manner within the stipulated time frame IC Process Documentation Cross Training - Improved Standard Operating Procedures with detailed steps and created back-up layer for business continuity planning Team Management - Monitor team performance and report on metrics to ensure efficiency and documenting the same to make accurate reports and discover training needs and provide coaching Managing the schedule and delegating tasks to team members effectively Provide guidance to team members on active projects Intercompany Accounting (RTR) in-depth knowledge is required .

Work Experience Skills:

Qualification and experience CA - 7+ years of work experience in Finance Controllership / Consolidations, Inter-Company Accounting Thorough knowledge of Consolidations accounting principles and procedures Experience in handling Inter company accounting / IC ledger reviews / reconciliations etc. Month end close experience is required Transformation projects experience will be add on Team handling experience is required End to end process knowledge of intercompany process Experience in handling multiple stakeholders from different global regionsIS experience Multiple ERP systems knowledge (SAP QAD) Consolidation Platform Experience (Oracle FCCS, Hyperion, Tagetik, Trintech etc.) Excellent excel skills Soft skills: Ability to communicate strongly and influence Ability to build successful relationships across the organization through collaboration, consensus building and interpersonal effectiveness Flexibility and good team leader Multi stake holder management Multitasking and effective delegation Proactiveness