Accountant, Record To Report

Grundfos; Philippines; On-site; PHP 700,000 - 900,000; Full time

Benefits offered by this job

Flexible hours & home working

Bonuses & benefits

Volunteer leave

Training & development

Job summary

Grundfos Philippines is seeking an Accountant, Record to Report to manage inter-company transactions, reconciliations, and month-end close within the Finance Shared Services team. You will rely on SAP, advanced Excel skills, and IFRS knowledge to ensure data integrity, support internal and external audits, and drive process improvements across Grundfos’ entities.

Collaborate with global teams, monitor intercompany balances, and contribute to a no-surprises reporting environment with timely

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2-3 years of experience in Intercompany, Accounts Payable or Accounts Receivable.
• Hands-on SAP experience in a finance or accounting environment.
• Advanced Excel skills.

Responsibilities

• Post intercompany transactions and prepare SAP entries for intercompany accounts during month-end and year-end close.
• Monitor intercompany requests, perform cost recharges, and drive reconciliation of intercompany activity.
• Manage intercompany settlements, payment matching, clearing, and resolution of balances.
• Investigate and resolve intercompany mismatches, ageing items, FX differences, and disputed balances.
• Perform GR/IR reconciliation and issue escalation as needed.
• Conduct month-end balance sheet reviews and open item analysis for accuracy.
• Prepare and reconcile intercompany accruals and month-end adjustments.
• Support audits by providing documentation and explanations.
• Identify automation opportunities with Finance Excellence and IS teams.
• Engage stakeholders to maintain a proactive reporting environment.

Skills

Intercompany accounting

IFRS knowledge

Analytical thinking

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Job description

Accountant, Record to Report

Company : Grundfos

Job Type : Full Time Philippines

Job Description - Accountant, Record to Report

As an Accountant, Record to Report, you will be managing inter-company accounting transactions, reconciliations, and month-end close activities while serving as a corporate hub for intercompany policies and communication across Grundfos’ entities.

What you will be doing

As a key part of the Finance Shared Services team, you'll create impact by Ensuring the integrity and accuracy of intercompany financial data that supports Grundfos's global operations and strategic decision-making.

Your main responsibilities include:

• Post intercompany transactions on both sides and prepare all SAP entries associated with intercompany accounts during month-end and year-end close
• Monitor pending intercompany requests, perform cost recharges, and drive company-wide reconciliation of intercompany account activity
• Manage intercompany settlements, payment matching, clearing activities, and resolution of outstanding intercompany balances.
• Investigate and resolve intercompany mismatches, ageing items, foreign exchange differences, and disputed balances between affiliates.
• Perform GR/IR reconciliation and resolution, identifying and escalating issues to the Senior Accountant as needed
• Perform month-end balance sheet reviews, open item analysis, and reconciliation controls to ensure completeness and accuracy of intercompany balances.
• Prepare, validate, and reconcile intercompany accruals and related month-end adjustments.
• Support internal and external audits by providing documentation, and explanations
• Identify automation opportunities and collaborate with Finance Excellence and IS teams to implement process improvements and standardizations
• Proactively engage with stakeholders to maintain a 'no surprises' environment, providing timely status updates and raising awareness of issues
• Support project rollouts concerning process and/or tool enhancement

What makes you a great fit

Above all, you are a detail-oriented accounting professional with strong intercompany and SAP expertise, a problem-solving mindset, and the ability to thrive under tight deadlines while collaborating effectively across global teams. We would also imagine that you have:

• Bachelor's Degree in Accounting, Finance, or a related field
• 2-3 years of experience in Intercompany, Accounts Payable or Accounts Receivable
• Hands-on SAP experience in a finance or accounting environment
• Advanced Excel skills

It is a plus if you also:

• Experience with intercompany accounting and reconciliation processes in a shared services environment
• Familiarity with ServiceNow or similar workflow management tools
• Knowledge of IFRS or Group Accounting Manual Standards

Why you will love working here

We care! Day to day, you can look forward to:

• A working environment built around your needs, with flexible hours, home working opportunities and parental support.
• Annual bonuses, health insurance, retirement benefit and a strong focus on well-being activities.
• Three days' additional paid leave for volunteering in your community.
• Access to on-demand training and learning sessions and carefully structured programmes to pursue personal and professional development opportunities.

We are inclusive! By valuing our differences, we create better solutions. We welcome applications from all abilities, experiences, and backgrounds.