intercompany AccountantReed Elsevier

As a member of the Manila Finance organization, the R2R IC Accountant - will be accountable for delivering efficient and effective operations of R2R processes in scope to high quality standards that meet/ exceed key objectives and service levels. Responsible for supporting the group reporting of the legal entities, he/she is expected to be the business partner for business units. Responsible for coordinating the resolution of accounting issues and ensuring that the global processes for Intercompany are met. Responsible for all aspects of accounting for sets of books as assigned. Also accountable for ensuring that all aspects of accounting are carried out in accordance with company policies and procedures. Ensure that Intercompany polices are aligned across companies. The R2R Intercompany is also responsible for engendering a 'Right First Time' culture within the R2R Intercompany team.
Responsibilities:
The function is accountable in managing the following areas :
Have a full understanding of all systems related accounting and participate in implementation of new applications, modules, systems upgrades and user acceptance testing.
Liaising with business units, Business Controllers, Business partners, Operations. Take a proactive approach to developing new policies and procedures as needed to fit changing business needs.
Will be accountable for delivering efficient and effective operations of R2R processes in scope to high quality standards that meet/ exceed key objectives and service levels.
Ensuring that all account reconciliations, SOX Controls, Accounting Controls, and Compliance requirements are met and delivered in accordance with company standards and timelines.
Raise intercompany invoices as required to meet local statutory requirements.
Prepare Chargeback and recharge calculations for employee costs.
Payment Run and settlement of Intercompany balances.
Process all month-end transactional-related activities for intercompany GL accounts, including calculations of appropriate adjustments to be booked for month-end close.
Recognize intercompany FX and automate the intercompany revaluation process in Oracle GL.
Complete and maintain intercompany account reconciliations.
Communicate with overseas counterparties to confirm and agree on intercompany balances.
Provide commentary to the Group on material intercompany differences on both P&L and Balance Sheet accounts.
Conducts or assists in the documentation of accounting projects.
Develop strong and collaborative working relationships with business stakeholders.
Manage all Adhoc requests pertaining to Intercompany.
Job Qualifications:
● Minimum 1-2 years work experience and a degree in accounting
● Excellent Excel skills. Experience with major enterprise accounting systems such as Oracle, SAP or PeopleSoft.
● Experience in medium to large company environment.
● Experience in business control is a plus.
● Experience in large multinational company preferred
● Good English communication skills required.