Intercompany Analyst

About the Role

Randstad India is seeking immediate joiners for the role of Intercompany Analyst based in Bengaluru and Mumbai (Powai). This position offers a full-time opportunity with a 1-year payroll engagement under Randstad India, following a 5-day workweek schedule.

Key Responsibilities

• Prepare, manage, and oversee journal entries, balance sheets, reconciliations, and other accounting entries ensuring compliance with applicable standards.
• Ensure all invoice and payment transactions are processed accurately and comply with local tax laws.
• Raise Intercompany cross-charge invoices and debit notes, and account for those received from counterparts.
• Maintain a zero Goods Receipt Invoice Receipt (GRIR) balance throughout the year, especially during period-end; coordinate with Supply Chain Management (SCM) to address aged Goods in Transit (GIT) invoices.
• Handle accounting for import payments and export receipts efficiently.
• Record month-end accrual entries and guarantee no intercompany out-of-balance conditions during month-end closing.
• Adhere strictly to policies related to balance sheet reconciliations and month-end closure processes.
• Provide foreign currency exposure hedging forecasts to the group treasury team.
• Prepare schedules for related party transactions.
• Support statutory audit completion, tax assessments, transfer pricing audits, internal audits, international tax packs, and IFC compliance.
• Assist with Annual Progress Report filing for Export Oriented Units (EOUs).
• Ensure timely export regularization and adherence to Reserve Bank of India (RBI) compliance for imports and exports.
• Participate in ERP regression testing and help resolve bugs before system implementation.
• Manage bank transactions and maintain communications with banks.
• Resolve issues with intercompany partners promptly.
• Prepare and initiate payment runs for all intercompany transactions following prescribed procedures.

Candidate Requirements

• Master's degree in Accounting, Finance, or related field, or equivalent experience.
• At least two years of hands-on experience in intercompany accounting and accounts payable processes.
• Proficient with ERP systems, specifically JD Edwards and SAP.
• Experience within a global organization managing change across multiple companies is highly desirable.
• Strong understanding of finance business processes, general ledger systems, and foreign currency translation.
• Excellent verbal and written communication skills.

Additional Information

• Locations: Bengaluru and Mumbai (Powai).
• Employment duration: 1 year payroll under Randstad India.
• Work schedule: 5 working days per week.
• Immediate joining preferred, with up to 15 days notice considered.