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1 week ago
Perform monthly imbalance analysis between intercompany receivables and payables balances, identifying discrepancies and working with relevant stakeholders to investigate and resolve them promptly. Proactively follow up with concerned parties to obtain necessary information and documentation to resolve intercompany imbalances.
- Compare intercompany receivables and payables balances across affiliate companies, and process "Push Journal Entries" to eliminate imbalances as part of the month-end close process.
- Prepare and process standard journal entries related to currency reclassification between affiliates for settlements, and business unit reclassifications, ensuring proper documentation and accuracy.
- Perform flux analysis for journal entries posted in the current month, providing explanations for significant variances and trends.
- Perform reconciliations of intercompany accounts in Blackline, ensuring all balances are supported by appropriate documentation and resolving any reconciling items in a timely manner.
- Independently handle process-related queries by working directly with various stake holders, providing timely and accurate information and resolving issues effectively.
- Compliance & Controls: Adhere to all intercompany and internal control requirements related to month-end close, dispute resolution, and reconciliations, ensuring compliance with accounting policies and procedures.
- Audit Support: Provide support for PwC and other internal audits and controls, including preparing documentation and responding to audit requests.
- Process Improvements: Actively work towards process simplification and standardization within the intercompany payables function, identifying opportunities for automation and efficiency improvements.
- 2 years of accounting experience with hands on exposure to Accounts Payable, Accounts Receivables & Intercompany process
- Good upstream & downstream business knowledge
- Logical approach, Good analytical skills and Query handling Skills.
- Good communication and Presentation skills
- Good knowledge with MS Office tools and exposure to automation tools such as Alteryx, Power automate etc. will be an added advantage
- CA Inter /CMA Inter /CS Inter or M.Com
Conduct monthly analysis of intercompany receivables and payables, identify discrepancies, and work with stakeholders to resolve them promptly.
Proactively follow up with relevant parties to secure necessary information and documentation to resolve intercompany imbalances.
Prepare and process Journal Entry without any misses. Perform flux analysis on monthly journal entries, explaining significant variances and trends.
Reconcile intercompany accounts in Blackline, ensuring all balances are documented and reconciling items are resolved promptly.
Adhere to all intercompany and internal control requirements related to month-end close, dispute resolution, and reconciliations, ensuring policy compliance.
Flexible to work in night shift during the month close.
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