Skip to main content

This job has expired

Intercompany Accountant

Employer
INMARSAT
Location
Lambeth, UK
Salary
Competitive
Closing date
Oct 16, 2019

View more

Job Role
Management Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Company DescriptionInmarsat has been at the forefront of global mobile satellite communications for over thirty years, and is the market leading provider of voice and high-speed data communications for users on land, at sea and in the air through its constellation of 13 geostationary satellites. Inmarsat plc is a FTSE listed company with a profitable track record and significant growth aspirations. This is represented by more than 55 nationalities in the workforce, reflecting the global and dynamic nature of the business. With an investment of over $3 billion in its latest network infrastructure, Inmarsat is at the forefront of global mobile communications innovation.Chief Finance OfficeInmarsat's Chief Finance Office (CFO) processes millions of transactions a month that enable us to interact efficiently with our suppliers, customers, trading partners and regulators. We make sure that the Company is properly funded and well controlled, that our taxes are paid and that shareholders and banks continue to support our plans. Our commercial teams help ensure that the business takes sound decisions through robust planning, careful pricing, sound contracts, skilled procurement and rigorous evaluation of every major business decision.Job DescriptionPrimary role purpose:Primary role purpose:Inmarsat has embarked on a journey to transform its intercompany processes through the introduction of best practice SAP and business processes and controls. As a result, a contract opportunity has arisen in the intercompany part of the Financial Accounting team sat within Accounting Operations for a qualified accountant.The primary purpose of the role is to ensure intercompany financial transactions are recorded both historically and going forwards on an accurate and timely basis, which contributes to achieving the objectives of the Finance Operations group as a whole. This includes responsibility for enforcing intercompany transaction compliance with approved policies and working with Accounting Operations leadership to drive continuous improvements for intercompany processes and the internal control environment.The role requires an Accountant who will bring energy and expertise to this dynamic and diverse company.They will need to influence and work closely with the Business Units, Group and Shared Service finance functions, including senior managers across the business units.Key

Responsibilities:
For ensuring timely and accurate matching and settlement of intercompany trading transactions. This includes the provision of services and sales of materials between related parties.Utilizing SAP tools to compare intercompany Trade Accounts Receivable and Trade Accounts Payable to identify missing transactions.Remediate missing intercompany transactions by liaising with colleagues within Financial Operations to obtain invoice copies or post journal entries.Prepare intercompany invoice matching analysis and supply that to Accounts Payable and Accounts Receivable for monthly In-House clearing (net settlement).Prepare reconciliation of all intercompany GL accounts for the group and resolve differences as required.Analysis of Intercompany positions from trial balances of Group companies, as well as the ability to assess the most efficient ways to nett/clear these intercompany positions.Actively liaise with Manager, Capex and Procurement Accounting to identify intercompany fixed asset transactions and initiate timely invoicing between trading partners.Liaise with Tax department to ensure transfer pricing balances are invoiced and settled on an annual basis.Work with business stakeholders including Financial Operations, SAP Team, Supply Chain and others, to ensure intercompany transactions are recorded efficiently and seamlessly within SAP. Prepare other ad hoc intercompany reporting as required.In addition, you will assist with any other ad-hoc work and projects as required, not necessarily intercompany related.QualificationsEssential Knowledge and Skills:Experienced user of SAP, ideally involving the processing and clearance/matching of Intercompany transactions.Strong Excel knowledge (e.g. pivot tables, Vlookup's, etc).Solid experience of Intercompany accounting, including an awareness of the issues that may arise and the methods of resolution/alignment.Professional accounting qualification (ACA/ACCA or overseas equivalent).Post qualified experience is desirable but will consider newly qualified candidate.Excellent communication skills, both written and spoken.Enthusiastic, motivated and a self-starter.Strong people skills, confident and comfortable at engaging collaboratively in an intellectual and multinational environment.Flexible, hard-working and results oriented.Strong analytical and decision making skillsDesirable Knowledge and Skills:Good knowledge of IFRS (and GAAP equivalent).Good knowledge of Treasury processes.Global Cash Management experience.Additional InformationYou must be eligible to work in this location advertised.Inmarsat Values: Our values define Inmarsat's culture and represent what we believe in. Inmarsat employees aspire to certain behaviours which support our corporate values, they create a stronger working environment and lie at the heart of our continued success as an organisation.
• Accountability - taking ownership, getting results and keeping our promises
• Respect - collaborating, embracing diversity and valuing differences
• Excellence - creating bold solutions for our customers and putting quality at the heart of everything we doJob Summary99 City Rd, Shoreditch, London EC1Y 1BJ, UK Contract

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert