Process Specialist - R2R

KOHLER India; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

KOHLER India is seeking an experienced Intercompany Accounting Lead to manage monthly imbalance analyses between intercompany receivables and payables, while guiding a 3-5 member team and ensuring timely resolution with stakeholders.

The role emphasizes process improvements, SAP invoice processing, and strong coordination with global teams to meet month-end targets and audits. ACommerce background is preferred; on-site in Pune.

Qualifications

• Independent handling of process-related queries with stakeholders.
• Compliance & Controls: adherence to month-end close, reconciliations, and audit requirements.
• Audit Support: documentation and responses for audits and controls.
• Process Improvements: seek automation and standardization opportunities.

Responsibilities

• Perform monthly imbalance analysis between intercompany receivables and payables, identifying discrepancies and resolving them with stakeholders.
• Manage a team of 3-5 members, guide juniors, review metrics and handle escalated issues.
• Streamline inefficiencies through AI/RPA or automation within the process.
• Post Intercompany Trade and Non-Trade Invoices in SAP.

Skills

Independent problem solving

Compliance & Controls

Audit support

Process improvement

Education

Bachelor's degree in commerce with focus in general accounting

Tools

SAP

Job description

• Perform monthly imbalance analysis between intercompany receivables and payables balances, identifying discrepancies, and working with relevant stakeholders to investigate and resolve them promptly.
• Manage Team of 3-5 team members, guide junior team members, review operational metrics, and handle escalated operational issues.
• Streamline inefficiencies through AI / RPA or any automated solutions within the process
• Post Intercompany Trade and Non-Trade Invoices in SAP.
• 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 closing process.
• Prepare and process standard journal entries related to currency reclassification between affiliates for settlements, and business unit reclassifications, ensuring proper documentation and accuracy.
• Prepare and Process expense accruals, Loan Grid entry, principal and Interest accruals and settlements.
• Perform flux analysis for journal entries posted in the current month, providing explanations for significant variances and trends.
• Perform reconciliations of intercompany accounts in the Reconciliation system and ensure all balances are supported by appropriate documentation and resolving any reconciling items in a timely manner.
• Manage Monthly business review with Intercompany stakeholders and perform consistently on expectations that meets stakeholders' requirements to achieve financial Goals
• Audit Support and documentation.
  

Required Knowledge, Skills, and Abilities:

• Independently handle process-related queries by working directly with various locations, 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 external 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.

Education and Experience Requirements:

• Bachelor's degree in commerce with a focus in general accounting
• 6+ years of professional experience with GCC or similar domain
• Excellent verbal and written communication to manage global stakeholders.
• Intercompany experience will be added advantage