EMEA Inter-company Financial Accountant

Recruiter
Sheridan Maine
Location
Central London, UK
Salary
Competitive
Posted
13 Aug 2019
Closes
22 Aug 2019
Ref
1233923460
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
We are currently working with our client - a commercial real estate services and investment firm. A hugely successful organisation, it being the largest company of its kind in the world. They are looking for a EMEA Inter-company and Intra-company Financial Accountant.

The role requires the need to be able to connect between different businesses within the group and to be able to get different parties to agree and record balances. This also requires a knowledge of the group's business structures and key contacts in each of the businesses; an excellent working knowledge of the group's systems, financial software applications and processes; and being able to facilitate the discussion and resolution of differences between different parties.

Purpose of the Job:
Recording, recognizing and reconciling of intercompany and intracompany trade and treasury funding balances, ensuring that these are agreed by all parties and are settled in accordance with the group policy.
Developing, documenting and implementing intercompany policies and procedures to ensure consistency and conformity across entities, sub regions and the EMEA region.
This requires the ability to liaise between different businesses and get different parties to agree and record balances. This role also requires a knowledge of the business structure and key contacts in each of the businesses; an excellent working knowledge of the systems, financial software applications and processes; and being able to facilitate the discussion and resolution of differences between different parties.

Key Responsibilities:
• The main point of contact for all entities intercompany and intracompany trade movements, ensuring that intercompany and intracompany recharges are accurately recorded in both legacy books and company books
• Ensuring that balances are agreed by both parties and settled in a timely manner. This responsibility must be completed in an accurate and timely manner to ensure compliance at all time
• Develop an understanding of the respective business hierarchies and key contacts in each of the organisation and legacy businesses in order to connect relevant parties for agreement and approval of recharged costs. Will have a good working knowledge of companies systems and procedures and develop relationships with key employees across the business to ensure that this role can be done effectively
• Ensuring that company Treasury Funding intercompany balances are accurately recorded for loan, interest re/payments and cash pooling accounts by liaising between US Treasury, legacy Treasury and legacy entity accountants
• Recording transactions in the respective financial system where appropriate
• Preparing summary schedules consolidating all intercompany data - loans, interest, trade, funding accounts and providing coding guidance to assist booking of balances by entity financial accountants
• Developing, documenting and implementing intercompany policies and Procedures to ensure consistency and conformity across entities, sub regions and the EMEA region
• Completing various month end processes including running the month end reporting for intercompany variances
• Point of contact for resolving specific issues being the subject matter expert
• Reviewing unallocated cash emanating from intercompany transactions & facilitating accurate allocation
• Reviewing intercompany P&L elimination between counterparties within the EMEA region
• Performing aged debt analysis and providing insight on the monthly movements of intercompany balances
• Ensuring that the list of key intercompany contacts is kept up to date
• Performing ad hoc analysis pertaining to intercompany balances upon request.

The Candidate:
• Qualified or finalist ACCA/ACA/CIMA

Candidates must be eligible to work in the UK full time without restriction.

Due to the high volume of applications we receive it is not always possible to respond to unsuccessful applicants. Therefore if we have not responded to your application within five days please assume that on this occasion your application has not been successful.

If you're interested in this position or are keen to hear more please click on "apply" above as soon as possible!

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