Intercompany Accounting Manager - The Boston Consulting Group
Boston, MA
About the Job
The position is a member of the Global Accounting and Control ("GAC") team under the direction of the Global Accounting Director and the Global Finance Executive Director & Corporate Controller. The GAC team has various responsibilities including consolidating and reporting BCG's financial information on a monthly, quarterly, and annual basis. In addition, GAC is responsible for establishing and communicating various accounting policies and procedures globally. The team is responsible for the dissemination of meaningful and accurate financial information on a consolidated basis, as well as on an individual affiliate office basis.
This role is responsible for the oversight of BCG's complex intercompany system. This includes internal cost sharing, allocations, invoice processing as well as understanding the impact of transactions on management, statutory and tax reporting. A key component of the role includes managing month close process through global reconciliation and investigating intercompany balances and resolving them. The Intercompany team is responsible for the execution of intercompany transactions including invoicing and related accounting for these transactions. The team maintains responsibility for performing allocation calculations and instituting replicable processes. The team is an integral provider of documentation and back up support required for tax audits that may occur in any jurisdiction. Listed below are the responsibilities of this role:
This role is responsible for the oversight of BCG's complex intercompany system. This includes internal cost sharing, allocations, invoice processing as well as understanding the impact of transactions on management, statutory and tax reporting. A key component of the role includes managing month close process through global reconciliation and investigating intercompany balances and resolving them. The Intercompany team is responsible for the execution of intercompany transactions including invoicing and related accounting for these transactions. The team maintains responsibility for performing allocation calculations and instituting replicable processes. The team is an integral provider of documentation and back up support required for tax audits that may occur in any jurisdiction. Listed below are the responsibilities of this role:
- Lead initiatives to automate and optimize the month-end close process through global reconciliations and data integration, utilizing chart of accounts mapping to ensure accuracy and efficiency across all entities.
- Collaborate with global business units, affiliate offices, and global and regional teams for alignment and fairness on various intercompany topics across the organization.
- Conduct thorough plan vs. actual Global Allocation reviews, engaging with functional owners to address discrepancies. Design and implement a dynamic allocations dashboard.
- Engage in organization wide SAP implementation project, focusing on meticulous process design, validation, and testing, thereby ensuring project deliverables meet the strategic goals and quality standards. Implement and refine SAP controls to ensure accurate bookings and compliance with established processes.
- Develop advanced proficiency in using Group Reporting, SAP, HFM, and BIR/BO for effective data extraction and analysis. Aim to independently navigate these systems to identify, query, and resolve variances and issues across financial systems, enhancing analytical skills and contributing to more informed business decisions.
- Lead initiatives to standardize files and data management processes post SAP implementation.
- Focus on creating consistent procedures for cost-sharing processes and intercompany reconciliations, such as remapping data from SAP to Oracle.
Source : The Boston Consulting Group