Proof and Control Associate - S&M

Job Summary

Intercompany Accounting Analyst – Proof and Control is responsible for preparation of intercompany reconciliation. The analyst also coordinates the reconciling items to person in-charged. The analyst prepare billing to the related party of the charges advanced by company and prepare payment request for the charges of related party to the company.

Duties and Responsibilities

INTERCOMPANY RECONCILIATION

·Post Intercompany journal entries on both sides for cross-company enabled locations and to one location if not cross-company enabled.

·Works with appropriate accounting contact persons for Intercompany transactions not going through the tool.

·Monitors pending Intercompany requests (either Sending or Receiving) and provides status updates to parties who will need to action such requests.

·Prepares accruals for recurring transactions.

·Ensures timely expense recognition (on both sides) for year-end Intercompany related accruals.

·Serve as Corporate hub for intercompany accounting, managing intercompany transactions, policies and communication and company-wide reconciliation of intercompany account activity.

·Coordinate intercompany accounting over the Company’s, ensuring proper valuation and accurate cutoff and accounting on a consolidated basis.

·Responsible for the timely and accurate design, review, posting and reconciliation of month end close specifically for the reporting of intercompany.

Technical Competencies and Skills

Demonstrates strong attention to detail in all tasks, Able to identify and analyze errors and discrepancies, Capable of working under pressure and meeting deadlines, Proficient in basic computer applications

Education, Trainings and Licenses Required

Must have a BS-Accountancy degree, At least 1–2 years of experience in accounting. Experience in account analysis is an advantage.

Originally posted on Himalayas