Intercompany Reconciliation Analyst II

As part of Vestas Global Finance Shared Service Centre, the role holds the primary responsibility of delivering standardized, rule-based services to the region, specifically encompassing the full spectrum of Intercompany Reconciliation processes. The A2R Analyst II works with the Team Leader and/or Manager in overseeing and offering assistance in the broader context of Intercompany Reconciliation operations.

Responsibilities

• Act as a subject matter expert (SME) in Intercompany (ICO) processes and serve as the 1st level point of escalation for daily production issues and concerns
• Manage the end-to-end Intercompany reconciliation processes to ensure accuracy and consistency
• Investigate and resolve complex intercompany reconciliation issues, collaborating with stakeholders as needed
• Oversee the maintenance of organized records and documentation related to intercompany transactions and reconciliation
• Provide guidance and mentorship to junior reconciliation staff to support their professional development
• Participate in continuous improvement and optimization efforts for Finance and Accounting procedures related to Intercompany Reconciliation
• Responsible for consolidating and monitoring non-standard processes and Intercompany Reconciliation activities that have not yet been migrated to the Shared Services Center (SSC)
• Support or participate in ICO reconciliation projects, overseeing their effective implementation
• Manage the ICO Process/Project Pillar, ensuring its effective management and execution
• Manage the resolution of errors within the overall Intercompany reconciliation function to maintain accuracy and integrity
• Promptly engage and collaborate with Regional Finance, Treasury, Global Sourcing, and other business stakeholders to swiftly address operational issues and challenges with high quality
• Promptly escalate issues to supervisors or managers when intervention or clarification is required from senior leadership
• Review, consolidate, and present Intercompany operational reports and monthly decks, ensuring data accuracy
• Conduct analytical reviews to guarantee the achievement of Key Performance Indicators (KPIs) and Process Performance Indicators (PPIs) for the Intercompany reconciliation function
• Monthly review and validate KPI results
• Monitor the back-up system and update TL if there are some challenges with the back-up system
• Review and finalize Intercompany reconciliation SOX documentation, ensuring its accurate and timely submission in SAP GRC
• Investigate, communicate, and resolve control issues, working to prevent their recurrence, and escalate identified risks as necessary
• Perform peer-to-peer reviews of Intercompany reconciliation SOX documentation to ensure compliance
• Provide internal and external audit support as requested, ensuring compliance with audit requirements
• Monitor and ensure the timely completion of tasks according to the Intercompany reconciliation Task list
• Participate in Intercompany reconciliation monthly operational calls with stakeholders to maintain effective communication
• Ensure that Standard Operating Procedures (SOPs) are reviewed and updated on a quarterly basis to reflect current processes
• Provide support during the monthly accounting close process and address critical business partner issues
• Contribute to effective process improvement and standardization initiatives, aligning with Vestas Global policies
• Develop training materials aligned with the Intercompany curriculum and conduct training sessions within the reconciliation team and other ICO functions

Qualifications

• Possession of a bachelor's degree in accountancy or a related accounting field.
• Demonstrated experience of at least three to four (3-4) years in Intercompany accounting.
• Familiarity with SAP and proficiency in MS Office tools.
• Candidates should be able to solve problems effectively, make informed decisions, and communicate ideas well in presentations.
• Effective English communication skills, both written and verbal.
• Ability to work flexible schedules, including holidays and various shifts as needed.
• Capacity to work effectively with minimal supervision.
• Exhibit a professional attitude and attitude while maintaining the ability to collaborate effectively with diverse personalities.

Competencies

• Open to working on holidays as needed and available for any shift assignment
• With a professional attitude and demeanor
• Can blend well to different kind of personalities
• Ability to lead and work collaboratively with cross-functional teams
• Proficiency in Intercompany accounting processes and reconciliation procedures
• Demonstrated analytical and problem-solving abilities to identify and resolve complex issues
• Effective communication skills to collaborate with various stakeholders effectively
• Ability to oversee and manage reconciliation projects from inception to completion
• Meticulous attention to detail to ensure data accuracy and compliance with documentation
• In-depth understanding of accounting principles and practices, especially in the context of intercompany transactions
• Capacity to handle evolving reconciliation requirements and address complex reconciliation challenges
• A mindset for continuous improvement and optimization of processes
• Ability to assess and manage risks associated with Intercompany reconciliation
• Collaborative mindset to work effectively within a team and across departments
• Good time management skills to prioritize tasks and meet deadlines
• Maintain a positive and focused approach to reconciliation tasks and challenges

Our commitment to a fair hiring

At Vestas, we evaluate all candidates solely based on their professional experience, education, and relevant skills. To support a fair recruitment process, we kindly ask that you remove any photos, dates of birth or graduation, gender pronouns, marital status, or other personal information not relevant to the role before submitting your CV/resume. Your CV/resume should focus on your professional and educational background, along with the necessary contact details (email and phone number). We train our hiring teams in inclusive evaluation and regularly review process outcomes to ensure fairness.

DEIB Statement

At Vestas, we recognize the value of diversity, equity, and inclusion in driving innovation and success. We strongly encourage individuals from all backgrounds to apply, particularly those who may hesitate due to their identity or feel they do not meet every criterion. As our CEO states, "Expertise and talent come in many forms, and a diverse workforce enhances our ability to think differently and solve the complex challenges of our industry". Your unique perspective is what will help us powering the solution for a sustainable, green energy future.