Accountant, Record To Report

Grundfos; Philippines; On-site; PHP 469,000 - 737,000; Full time

Job summary

Grundfos is seeking an Accountant, Record to Report to join our Finance Shared Services team in the Philippines. You will manage inter-company accounting transactions, reconciliations, and month-end close, serving as a hub for intercompany policies across Grundfos entities.

You will ensure the integrity of intercompany data, perform reconciliations and month-end close activities, support audits, and drive process improvements with Finance Excellence and IS while collaborating with global teams.

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 on both sides and prepare SAP entries for intercompany accounts during month-end and year-end close.
• Monitor pending intercompany requests, perform cost recharges, and drive reconciliation of intercompany activity.
• Manage intercompany settlements, payment matching, clearing, and resolution of outstanding balances.
• Investigate and resolve intercompany mismatches, ageing items, FX differences, and disputes between affiliates.
• Perform GR/IR reconciliation and resolution, escalating issues as needed.
• Perform month-end balance sheet reviews, open item analysis, and reconciliation controls.
• Prepare, validate, and reconcile intercompany accruals and related month-end adjustments.
• Support audits with documentation and explanations.
• Identify automation opportunities and collaborate with Finance Excellence and IS for process improvements and standardizations.
• Engage with stakeholders to provide timely updates and raise issues.

Skills

Intercompany coordination

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Excel

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.