Job Description
Reporting to the Record to Report Team Lead, the Intercompany Analyst is a key member of the finance shared services team responsible for managing intercompany accounting activities across multiple entities and jurisdictions within a global organization. This role requires a deep understanding of international accounting principles, intercompany transactions, and consolidation processes to ensure accurate financial reporting and compliance with regulatory requirements.
Responsibilities
Intercompany Reconciliation
Lead the reconciliation process for intercompany balances among entities located in different countries, ensuring alignment with transfer pricing agreements and compliance with local regulations.
Regularly share AP and AR intercompany statements with the counter affiliates and follow up on missing information or request from other affiliates.
Review Intercompany mismatches and ensure no mismatch amongst the intercompany affiliates.
Transaction Processing
Oversee the recording and processing of complex intercompany transactions, including intercompany loans, royalties, transfers of goods and services, and intercompany billing, while adhering to accounting standards and company policies.
Raise all recharge invoices and share with affiliates before IC cut-off date
Perform the receiving, requesting, and posting of all Intercompany AP invoices
Ensure all monthly checklists are performed and adhered to including month end closing and internal control procedures
Processing of intercompany payment entries through the FSS treasury team
Process intercompany payments in co-ordination with the FSS B payment team
Follow up on Intercompany debtors for invoice settlements
Consolidation Support
Assist in the consolidation of financial statements by providing accurate intercompany elimination entries and ensuring consistency and accuracy across reporting entities.
Transfer Pricing Compliance
Collaborate with transfer pricing specialists to ensure intercompany transactions are conducted at arm's length and in accordance with transfer pricing policies and regulations.
Documentation and Compliance
Maintain comprehensive documentation of intercompany agreements, policies, and transactions to support internal controls and compliance with tax laws and regulations in various jurisdictions.
Work with appropriate accounting contact persons for intercompany affiliates to ensure completeness of information related to intercompany transactions.
Process Optimization
Identify opportunities to streamline intercompany accounting processes, enhance efficiency, and mitigate risks through automation, standardization, and best practices.
Cross-functional Collaboration
Work closely with finance, tax, legal, and operational teams globally to address intercompany issues, resolve discrepancies, and support business initiatives and transactions.
Audit Support
Prepare schedules, reports, and documentation for internal and external audits related to intercompany transactions, ensuring timely completion and compliance with audit requirements.
Health & Safety
Uphold the company code of conduct, policies and procedures, ensuring integrity and accountability in every aspect of your work
All employees have a responsibility to adhere to safety, health, and wellbeing policies.
Qualifications
5+ years of progressive experience in accounting, with a focus on intercompany accounting and global operations.
Strong understanding of international accounting standards (e.g., IFRS) and transfer pricing principles.
Experience with consolidation software (e.g., Hyperion) and ERP systems (e.g., Oracle).
Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and identify trends, variances, and discrepancies.
Effective communication and collaboration skills, with the ability to interact with stakeholders at all levels of the organization across different cultures and time zones.
Proven ability to manage multiple priorities and meet deadlines in a dynamic, fast-paced environment.
Strong problem-solving skills and a proactive approach to identifying and resolving issues.