Intercompany Analyst

Randstad; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Randstad India is seeking an Inter-Company Accountant based in Mumbai Powai. Immediate joiners or 15 days notice are preferred. The role involves handling journal entries, balance sheets, reconciliations and inter-company invoicing end to end.

You will ensure accuracy of invoices/payments, maintain zero GRIR at period end, and support audits and transfer pricing with JD Edwards and SAP experience preferred.

Qualifications

• Masters degree in accounting/finance or related field.
• 2+ years of practical experience in intercompany and accounts payable.
• Experience with JD Edwards and SAP is required.

Responsibilities

• Prepare, manage and control journal entries, balance sheets and reconciliations.
• Ensure accuracy of invoices and payments in line with local tax regulations.
• Raise inter-company cross-charge invoices and related debit notes; account for DNs.
• Maintain zero GRIR at period end; follow up with SCM on aged invoices.
• Support export/import payments, month-end close and intercompany settlements.
• Assist statutory audits, transfer pricing, IFC and internal audits as needed.

Skills

Inter-Company accounting

Accounts Payable

Financial reporting

Education

Masters Degree in Accounting/Finance

Tools

JD Edwards

SAP

Job description

Greetings From Randstad - Immediate joiners Needed or 15 days

Location

Mumbai Powai

1 year payroll ( Randstad india)

5 days working

JD

Inter-Company Accountant

Job Description

• Responsible for preparing, managing, and controlling journal entries, balance sheets, reconciliations, and other relevant accounting issues in compliance.
• Accuracy of all invoice and payment transactions in accordance with local tax compliance regulations
• Raise Inter-Company cross charge invoices, debit notes and account the invoices and DNs raised by Inter-Company counterparts.
• Ensure to maintain zero GRIR throughout year during period ends. Follow up with SCM team on aged GIT invoices.
• Accounting for import payments and export receipts.
• Account month-end accrual entries and ensure that there are no Inter-Company out of balances during month-end close.
• Adherence to Policies related to Balance Sheet Reconciliations, Month end Closure.
• Ensure hedging forecast were provided to group treasury team on foreign currency exposure.
• Prepare related party transactions schedule.
• Provide required support for completion of statutory audit and tax assessments transfer pricing audit, IFC and internal audits, international tax pack.
• Support in Annual Progress Report filing of EOU Units.
• Ensure Export Regularization is done on time, ensure RBI compliance in relation to imports and exports.
• Involve in ERP regression tests and ensure that bugs are fixed prior to implementation.
• Liaising with banks and Managing Bank Transactions
• Resolution of issues with Inter Company partners
• Prepare and initiate payment run for all intercompany transactions in accordance with the intercompany payment procedure

Qualifications

• Masters Degree in Accounting/Finance or related degree, or equivalent experience
• 2+ years of practical work experience in areas of intercompany and Accounts Payable
• Experience with JD Edward and SAP is required

Preferred Requirements:

Experience working in a global organization where leading and driving change across multiple companies is key

Good understanding of overall business processes within Finance, general ledger systems and foreign currency translation

Excellent written and verbal communication skill