How much salary can I expect as a Intercompany Accounting Associate in Ford Motor in Chennai?

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Intercompany Accounting Associate

Ford Motor

Intercompany Accounting Associate

Ford Motor

Chennai

Not disclosed

Work from Office

Full Time

Min. 1 year

Job Description

Associate

Perform monthly imbalance analysis between intercompany receivables and payables balances, identifying discrepancies and working with relevant stakeholders to investigate and resolve them promptly.
Proactively follow up with concerned parties to obtain necessary information and documentation to resolve intercompany imbalances.
Compare intercompany receivables and payables balances across affiliate companies, and process "Push Journal Entries" to eliminate imbalances as part of the month-end close process.
Prepare and process standard journal entries related to currency reclassification between affiliates for settlements, and business unit reclassifications, ensuring proper documentation and accuracy.
Perform flux analysis for journal entries posted in the current month, providing explanations for significant variances and trends.
Perform reconciliations of intercompany accounts in Blackline, ensuring all balances are supported by appropriate documentation and resolving any reconciling items in a timely manner.

Independently handle process-related queries by working directly with various locations, providing timely and accurate information and resolving issues effectively.
Compliance & Controls: Adhere to all intercompany and internal control requirements related to month-end close, dispute resolution, and reconciliations, ensuring compliance with accounting policies and procedures.
Audit Support: Provide support for PwC and other internal audits and controls, including preparing documentation and responding to audit requests.
Process Improvements: Actively work towards process simplification and standardization within the intercompany payables function, identifying opportunities for automation and efficiency improvements.

1/2+ years of accounting experience (consider Article Assistant experience).
Good knowledge in business applications like SAP, Blackline, CMMS etc
Good upstream & downstream business knowledge
Logical approach, Good analytical skills and Query handling Skills.
Good communication and analytical skills.
Good knowledge with MS Office tools and exposure to automation tools such as Alteryx, Power automates etc. will be an added advantage
CA/CMA