Lloyd’s Register Group is Hiring Qualified/Semi Qualified-CA/ACCA/CIMA As Intercompany Accountant At Mumbai Full Time

Job ID:37084
Location: Mumbai : India Management Office
Position Category: Finance
Position Type: Employee Regular

Role purpose:

Intercompany business processing includes business transactions which take place between two or more companies belonging to LRQA. In order to track and reconcile intercompany transaction between our companies, operating across 51 countries, we are using a sophisticated Intercompany module in SAP ByD ERP system.

The role has overall day-to-day operational ownership of LRQA Intercompany module and responsibility to identify, report and reconcile intercompany account differences in line with LRQA’s key objectives. The role holder supports the GPO by reconciling intercompany account differences frequently and minimizing their impact on the closing cycle. Additionally, role holder will work with Infosys Intercompany processing team to ensure that the service is provided in line with LRQA’s Finance Strategies, Policies and Procedures, contracted Service Level Agreements (SLAs) and Key Performance Indicators (KPI’s). The role is also responsible for partnering with data and IT teams on process improvement and automation.

Key Responsibilities:

• Provide an efficient way to identify, report, and reconcile intercompany account differences.
• Analyse differences by drill through an account balance to transactional details from intercompany matching reports
• Manage the operational relationship with Service Delivery Support (SDS) teams in order to ensure timely and accurate Intragroup invoicing process.
• Manage the operational relationship with Infosys Intercompany team in order to ensure timely and accurate overhead recharging process.
• Work with ByD solution analysts on calculating and loading Intercompany price lists.
• Review and systemize the existing process documentation and identify the gaps ensuring that both process and documentation is fit for purpose, standardised to deliver value, continually reviewed, is clear and concise, adopted by the LRQA Business.
• Conduct activities within RtR pertaining to continuous improvement initiatives working with the Infosys Intercompany team.
• Take the lead on responding to audit queries in relation to Intragroup related P&L and Balance Sheet movements. Ensuring the responses are clear and concise and reflect the risk to the reported results.
• Support the GPO to build sustainable partnership relationships and provide guidance and advice to the SDS team to help them navigate improvements to service delivery, role standardization and efficiency.
• Any other support, including ad-hoc projects that the Global Controller/GPO requires.

Technical / Professional Qualifications / Requirements:

• Degree qualified and hold a recognised accounting qualification (ACA / ACCA / CIMA ). Part qualified accountant will be considered where relevant experience (especially around intercompany recharging) has been obtained in place of formal qualifications. A minimum of two years’ post-qualification experience or five years of relevant experience in a similar role.
• SAP proficiency (Super user preferable)
• Tenacious in understanding the root cause of any issues or degradation in service delivery. Ability to pick up systems quickly and able to drive improvements
• Knowledge of transfer pricing theory and implementation techniques would be highly advantageous. Alternatively, a keen interest and desire to develop a deeper understanding of taxation and transfer pricing is necessary.
• Strong planning, analysing, monitoring, reporting and risk identification and mitigation skills
• Good communication skills with ability to lead, influence, persuade
• Relevant additional qualifications in Finance/Business/Process domain. Fluent in English

Diversity and Inclusion at LRQA:

We are on a mission to be the place where we all want to work and we are passionate about embracing different perspectives because we understand the value this brings to our business, our clients and each other. We are all about creating a safer and more sustainable future and our inclusive culture is right at the heart of our business.

Source – Lloyd’s Register Group Website