Finance Manager - Intercompany Coe

BOOTS; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading retailer in London seeks a Finance Manager to oversee global intercompany accounting operations. Key responsibilities include managing the intercompany accounting process, ensuring timely reconciliations, and collaborating with finance teams for process improvement. Candidates should have expertise in month-end close processes, IFRS/GAAP principles, and ERP systems like SAP. The role offers a competitive benefits package, including a discretionary annual bonus and employee discounts.

Benefits

Boots Retirement Savings Plan

Discretionary annual bonus

Generous employee discounts

Flexible benefits scheme

Access to free counseling and support

Qualifications

• Experience in intercompany accounting principles.
• Ability to manage discrepancies and improve processes.
• Experience changing processes and implementing new ways of working.

Responsibilities

• Manage the intercompany accounting process across multiple entities.
• Ensure accurate reconciliation of intercompany balances.
• Collaborate with finance teams to resolve discrepancies.
• Lead month-end and year-end close activities.
• Maintain intercompany policies and procedures.

Skills

Experience of month-end close process

Understanding of IFRS/GAAP

Proficiency in ERP systems

Advanced Excel skills

Management of multiple stakeholders

Tools

SAP

Oracle

Cognos Controller

Job description

Finance Manager - Intercompany CoE

12 month FTC, Nottingham

About the role:

We're looking for a motivated and detail-oriented Intercompany Manager to manage our global intercompany accounting operations across Boots, No7 Beauty Company and Boots Opticians. This is an important role within the finance team, ensuring accurate and timely reconciliation of intercompany transactions, process improvement and leading on transforming our intercompany processes as part of the S4 HANA.

Part of the R2R tower in Digital Finance Operations, you will report into the Tower Lead and operates as the main contact point for all intercompany counterparties with which Boots, Boots Opticians and No7 Beauty Company have open transactions. It is a role of two parts covering management of BAU process but also opportunity to lead and embed change across The Boots Group to resolve ongoing process issues and aged debt build up.

Ensuring accurate and timely closure of intercompany accounts over the month end close period, you'll work with a Genpact team as well as local entity financial accounting teams to ensure matching, clearing and reconciliation of transactions across multiple international entities, within month end close timelines.

Ahead of the go live of S4 HANA (Orion) you will need to show resilience and tenacity to clear down aged items and manage outstanding disputes so we're in the best position to go live with the new ways of working. The process changes S4 brings will need to be communicated across counterparties and local accounting teams to provide a smooth transition and prevent build-up of further ageing.

Key Responsibilities:

• Manage the intercompany accounting process across multiple entities and regions.
• Ensure timely and accurate recording, reconciliation, and settlement of intercompany balances.
• Collaborate with regional finance teams to resolve discrepancies and improve processes.
• Lead month-end and year-end close activities related to intercompany accounts.
• Maintain intercompany policies, procedures, and controls.
• Support internal and external audits with relevant documentation and analysis.
• Promote automation and efficiency improvements in intercompany workflows.
• Partner with tax, treasury, and legal teams to ensure compliance with transfer pricing and regulatory requirements.
• Land changes in policy and process required by go live of S4 HANA across all counterparties in the group

What You'll Need to Have:

Experience of month end close process and good understanding of IFRS/GAAP and intercompany accounting principles.

Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.

Ability to manage multiple stakeholders and work to resolve discrepancies

A focus on continuous improvement.

Nice to Have:

Existing knowledge or experience of transactional processing and intercompany management in The Boots Group

Use SAP and/or Cognos Controller

Experience changing processes and implementing new ways of working

Manage or interaction with BPO (Genpact)

Our Benefits:

• Boots Retirement Savings Plan
• Discretionary annual bonus
• Generous employee discounts
• Enhanced maternity/paternity/adoption leave pay and gift card for anyone expecting or adopting a child
• Flexible benefits scheme including option to buy additional holiday, discounted gym membership, life assurance, activity passes and much more.
• Access to free, 24/7 counselling and support through TELUS Health, our Employee Assistance Programme.

We have a great range of benefits in addition to the above that offer flexibility to suit you - find out more at boots.jobs/rewards. Exclusions may apply, eligible roles only.

Why Boots:

At Boots, we foster a working environment where consideration and inclusivity help everyone to be themselves and reach their full potential. We are proud to be an equal opportunity employer, passionate about embracing the diversity of our colleagues and providing a positive and inclusive working environment for all.

Boots is a Ban the Box employer and will consider the suitability of applicants with criminal convictions on a case-by-case basis.