Accountant Intercompany

POSITION TITLE: INTERCOMPANY ACCOUNTANT

REPORTING TO: Team Lead, Intercompany

LOCATION: Cebu, Philippines

Summary Description

The Intercompany Accountant is responsible for delivering timely and quality service to internal Dover customers, as measured by service level agreements and key performance indicators. The role is responsible for end-to-end process of intercompany accounting such as, reviewing and verifying of transactions, preparing of reports, resolving out of balance / reconciling items, supporting period close processes to ensure accurate, complete, and timely reporting of financial results. The Intercompany Accountant will be responsible for performing account reconciliations, participation in continuous improvement efforts, and partnering with Senior Intercompany Accountant, Intercompany Lead and Manager to implement strategic priorities.

Essential Responsibilities

• Responsible for executing accounting and daily operations for Intercompany Accounting process area.
• Timely closing & execution of financial periods as per closing calendar and in accordance with SLA commitments
• Accountable for completeness, accuracy and validity of the actuals reported within process/entity scope
• Regular focus on Balance Sheet reconciliations (Interco AR and AP) to minimize open items.
• Monitors, reviews, and resolves intercompany receivables and payables. Coordinates with Intercompany partners.
• Performs journal entries, prepares accrual for recurring transactions, and ensures timely expense recognition
• Participates in netting process
• Coordinates and engages with key stakeholders across the shared service group
• Identifies process improvement opportunities and implements the project
• Supports process streamlining and process improvements initiatives
• Provides audit support, both internal and external
  
  

Qualifications

• A minimum of a Bachelor’s level degree or equivalent is required, accounting, finance, or related business discipline, preferably CPA
• Previous experience in Intercompany Accounting or general accounting
• With strong background in general ledger and able to perform journal entries and reconciliation in large volumes
• Experienced with major ERP Systems (i.e., SAP, Oracle, etc.); Oracle preferred
• 2-3 years prior experience in a shared service or BPO set-up is preferred
• Proficiency using Microsoft Excel (i.e. basic to complex formulas, pivoting, graphs and charts, Macro Excel is a plus)
• Proficiency in using Microsoft Office Applications (including SharePoint and Web-based applications)
• Continuous improvement mind-set (Lean Six-Sigma trained is a plus)
  
  

Preferred Qualifications

• Strong interpersonal skills and the ability to interact with employees at all levels
• Be open to new ideas, rapid change and embracing new technologies
• Ability to critically analyze data and determine its validity
• Ability to work in a fast paced, high-volume environment while remaining organized with strict attention to detail
• Ability to meet deadlines and produce accurate results
• High level of customer focus and ability to always maintain a positive attitude
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Self-directed, positive and ethical role model able to work with minimal supervision
• Ability to always maintain a professional demeanor with customer and coworkers; fully observe Dover’s Code of Ethical Conduct, Employee Handbook “PersonalConduct of Employees” policies and ISO Quality System Standards.
  
  

Company Overview

Dover Business Services (DBS) is an independent business-to-business service provider within Dover Corporation, a diversified global manufacturer and solutions provider based in Illinois, U.S.A. with annual revenue of over US$8 billion. DBS is accountable for delivering selected transactional services in Finance to the entire organization. With locations in Downers Grove, Illinois; Suzhou, China; Cebu, Philippines; Bucharest, Romania; and Bangalore, India; DBS centers operate across the globe to maximize service to our operating companies. We also take pride in being awarded as one of the Top 100 Asia’s Best Employer Brands from 2019-2022.

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