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IC Senior Process Associate
Smith & Associates
posted 1mon ago
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Job Description
- Primarily responsible for intercompany transactions and preparation of JEs related to cross charges and chargebacks within the organization.
- Ensures that transactions are documented, in compliance with group standards and, where relevant, Sarbanes Oxley requirements.
- Preparation of financial reports and posting accrual entries based on the report to reflect the effect in the current period financial documents.
- Preparation of intercompany debit notes and charging it back to respective entities for settlements.
- Preparation of Intercompany Reconciliation AP and AR to ensure the differences are identified and resolved before the next period.
- Preparing reclass entries as per client request, including the preparation of the working file for GIT Accruals.
- Preparation of balance sheet reconciliation, identifying the aged debt transactions, and following up for closure with a detailed reasons and action plan.
- Work on GRIR activities to understand the reasons for the difference in GRIR, and work towards resolving the difference by following up with relevant customers internally with the SNN subsidiary.
- Handled routine and Adhoc queries from management and operational teams.
- Closely monitoring AP transactions to avoid wrong payments, verifying all Intercompany third-party transaction entries to avoid incorrect booking.
- Prepares GL reconciliations for critical accounts and highlights any discrepancies.
- Creating and maintaining a knowledge base of service delivery content based on reusable information and SOP.
- Involved in month-end activities - intercompany Subledger closure with the agreed SLA and timeliness. Involved in HFM reporting for submitting the balances before book close.
- The successful candidate will be expected to collaborate with different teams, external suppliers, and the operations team to gather inputs that contribute to enhancing operational efficiency.
- Perform ad hoc analyses and support urgent requests, including managing highly sensitive situations with respect to processes following the compliance map.
What do you need to be successful
- Min 4-5 years of R2R/intercompany experience experience in intercompany and GRIR is a plus.
- SAP ERP/HFM experience is an added advantage.
- A bachelors or masters degree in accounting finance is preferred.
- Demonstrates experience in analyzing financial data, drawing sound conclusions, and developing proposals/solutions.
- Experience of the month-end reporting and control frameworks.
- Ability to think creatively and approach transaction processing with an unexpected perspective to resolve ambiguity.
- Should possess a good problem-solving skill.
- Good English communication skills written and verbal.
- Should be flexible to work month-end schedules and different shifts.
- Excellent Interpersonal Skills
- Physical Demands: Flexible to work in any shift
Employment Type: Full Time, Permanent
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