Global Intercompany Accounting Lead

Recruiter
chemours
Location
India
Salary
Competitive salary
Posted
16 Sep 2020
Closes
17 Sep 2020
Ref
JR5378
Job role
Accountant
Experience level
Qualified accountant
As we create a colorful, capable and cleaner world through chemistry, we invite you tojoin our team to harness the power of chemistry to shape markets, redefine industries and improve lives for billions of people around the world.

Global Intercompany Accounting Lead

Chemours is seeking a Global Intercompany Accounting Lead to join our growing Finance Controllership team! This is a highly visible, key role within the Company, based in our Gurgaon, India location and reports directly to the Manager of Close, Consolidation & Systems in Wilmington, DE. As we move towards global end-to-end accounting processes, we are seeking talented individuals who will be accountable for key processes and tasked with driving global standardization and transformation.

JOB SUMMARY

The responsibilities of the position include, but are not limited to, the following:
  • Lead the global intercompany processes, which includes supporting the day-to-day activities with offshore shared services provider, error escalation and resolution, etc.
  • Drive the ongoing development of all global intercompany process improvements
  • Review journal entries for intercompany and other assigned GL areas
  • Responsible for the overall accuracy and elimination of intercompany balances and month-end reporting to ensure appropriate action is being taken
  • Prepare and review monthly service level agreements and related metrics with offshore team, and take necessary action to drive results
  • Own and manage the global account reconciliation process to ensure accuracy and are completed within Corporate timelines and perform secondary reviews on SOX-related reconciliations
  • Help define and implement scalable financial processes related to month-end and quarter-end close and reporting
  • Collaborate with cross-functional teams (G/L, Controllership, Inventory, Tax, Treasury, IT, etc.) to identify opportunities to improve and standardize accounting processes
  • Document processes and policies while partnering with Assurance to identify risks and define mitigating procedures and oversee intercompany audit requests
  • Assist in preparing and documenting all SOX controls related to external reporting and other assigned areas
  • Interact with a cross-functional team that includes Controllership, Tax, Treasury, FP&A, internal and external audit, and others, as necessary.


Service Levels & Metrics:
  • Responsible for meeting and exceeding intercompany Service Level Agreements and customer expectations.
  • Manage and review results with senior management for the following metrics/KPIs:
  • Number and amount of mismatches, aged mismatches and balancing entry variation (amount and % of balance)
  • Unpaid balances - payment blocks, aged balance report and % of payable balance not paid
  • Number of incorrect payment terms


In order to be qualified for this role, you must possess the following:
  • Bachelor's degree in accounting or finance
  • Chartered Accountant certification or CPA preferred
  • 7+ years of intercompany accounting (with 2+ years in an offshore environment), transfer pricing, foreign currency and G/L experience with publicly-traded, multi-national organizations
  • Understanding of Statutory Accounting and US GAAP
  • A working knowledge of SAP is required
  • Self-directed and accountable
  • Month-end close, reconciliations, and other accounting operations experience
  • Financial analytical skills with experience identifying incongruities and anomalies in balances
  • Experience working both independently and in a team environment
  • Experience dealing with ambiguity and demonstrated experience in driving process improvements
  • Familiarity with SOX compliance and audit management software, such as Audit Board, is a plus
  • A working knowledge of HFM is a plus


At Chemours, you will find sustainability in our vision, our business and your future. If you want to work on the leading edge of your field and have a desire to make a difference, join Chemours and discover what it means when we say "We Are Living Chemistry".

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