Intercompany Process Owner

Date: Aug 22, 2024

Location: Bucharest, RO Gdañsk, PL Rybnik, PL

Company: Tenneco

At Tenneco we are embarking on a new journey on Global Business Services, willing to expand our capabilities to do the work in a more efficient and effective manner.

Now we are hiring an Intercompany Process Owner within the Record to Report team that will play a key role in the standardization and optimization of the Tenneco group intracompany activities and processes: month end closing, reconciliation, reporting, SAP entries, continuous improvements initiatives.

 

This is a great opportunity to join us in one of our GBS location in Romania or Poland.

 

What you will do:

  • Managing month end closing process global reconciliation, overseeing the investigating intercompany balances, aged items resolution
  • Oversee the activities of the intragroup accounting within global shared services, for both captive and outsources shared services centers

  • Responsible for intracompany accounting KPIs and implement corrective actions

  • Standardize the process across global shared services

  • Monitoring processing of intracompany invoices (accounts payables, recharges)

  • Ensure accurate GL postings to cleanup the aged intragroup open items

  • Perform month-end activities as required for US GAAP reporting as per the closing calendar

  • Oversee the intracompany balance sheet accounts reconciliations, with supporting documentation according to company’s standards and within the required time-scale.

  • Monitor the US to US intracompany transactions, evaluating all tax, legal and treasury implications

  • Collaborate with global business units, affiliate offices, and global and regional teams for alignment and fairness on various intercompany topics across the organization

  • Analyze and gather documentation on as-is business process

  • Analyze and document future opportunities for to-be processes;

  • Implement and refine SAP controls to ensure accurate bookings and compliance with established processes.

  • Explore and recommend new solutions or technological tools (Excel macros, RPA, Power BI, SharePoint etc.)

  • Partner with teams across enterprise to reconcile intracompany items and agree on actions plus documenting different actions

  • Conduct research, identify problems and develop solutions for improvements

  • Document all process changes and provide knowledge transfer to relevant stakeholders.

  • Develop and provide training to end-users - workshops, lessons learned sessions, and refresher programs related to the systems and tools implemented and used across the Finance function

  • Follow up on all projects/ initiatives, identify risks and obstacles to meet deadlines, as well as proposed corrective measures;

  • Prepare and present I/C related projects progress reports;

  • Building relationships to establish a seat at the table with senior management as a true business partner.

  • Support Global Finance Process Record to Report function when necessary

  • Part of projects as per the Shared Services needs
     

 

What will make you successful:

  • Bachelor’s degree in finance/accounting

  • Minimum 8 years of experience in finance and accounting area with at least 5 years in the monthly reporting under US GAAP

  • Relevant experience on Intracompany transactions is mandatory

  • Advanced in using group reporting system (OneStream experience is a plus)

  • SAP advanced proficiency

  • Project management experience is desirable

  • Lean Six Sigma certification is a plus

  • Excellent English skills – written + verbal; any other language will be a plus     

  • Problem solving, critical thinking, good analytical & organizational skills,

  • Flexibility and speed of execution

  • Working independently but ask for help and support if it is required

  • Excellent communication and interpersonal skills; ability to influence and shape business demands; good presentation skills

  • Experience in interaction with the business finance teams across enterprise.

 

What we offer:

We want to make you feel welcomed, challenged and inspired and so we’ve made sure to carefully put together a blend of benefits meant to boost your health and well-being, to ensure your personal and professional growth and also your integration in a pleasant day-to-day working environment.

#LI-AG