Sr Accounting Analyst- Intercompany

Foods people love. Brands people trust. And a career that nourishes your future like no other.

If you're driven by the passion to do something meaningful that changes lives, Nestlé is the place for you. Nestlé USA is one of seven operating companies that make up Nestlé’s presence in the United States.

We're in 97% of American homes, and as the leading food and beverage company, our goals are to continue to deliver quality food and beverage products, strengthen our local communities, and reduce our environmental and climate impact.

We’re determined to challenge the status quo and be better tomorrow than we are today. As individuals and teams, we embrace our entrepreneurial culture and have created a workplace where collaboration is essential, courage is rewarded, speed is expected, and agility is the norm to delight our consumers every single day.

Here, you will find limitless opportunities to learn and advance your career and feel empowered to succeed in the workplace and beyond.

Because our focus is not only on nourishing our customers, but also about enriching you.

This position is not eligible for Visa Sponsorship.

As a member of the Accounting Operations function, Sr. Analyst for Intercompany will be responsible for overseeing the onshore and offshore intercompany accounting function, ensuring accurate and timely recording, reconciliation, and reporting (e.

g. AR / AP / loans / Royalty / Interest income and Expense). The ideal candidate has a solid understanding of accounting principles, excellent analytical skills, and a strong attention to detail.

This position is based on Solon, Ohio and will work with one or more operating companies in the U.S. market and have responsibility for their shared service accounting operations.

Primary Responsibilities

• Develop and maintain intercompany accounting standard operating procedures, guidelines, and controls to ensure compliance with Nestle Accounting Standards
• Partner with offshore teams to ensure all intercompany activities are executed timely and accurately
• Collaborate with cross-functional teams to provide strategic vision, identify, and implement process improvements, standardization, and automation initiatives for intercompany accounting activities
• Responsible for preparing the related party transactions disclosures and required support for financial statements
• Review various related party transactions to ensure accounting accuracy
• Continuously evaluate and improve automated processes to achieve maximum efficiency
• Coordinate with offshore intercompany counterparts to resolve any reconciliation differences and ensure intercompany balances are properly eliminated during consolidation
• Monitor intercompany aging reports and follow up on outstanding items to drive timely resolution and minimize aged intercompany balances
• Responsible for financial statements and schedules related to intercompany transactions for internal and external reporting purposes quarterly
• Support the deconsolidation project of our SAP system, which involves separating a unified SAP environment into individual instances for different business units or entities
• Help resolve escalations of offshore team to drive down aged IG balances
• Provide accounting guidance to onshore and offshore teams

Key Competencies

• Initiative
• Understanding of the business environment
• Results focused
• Proactive Cooperation
• Insight

Requirements

• Bachelor’s degree in accounting, Finance, or a related field.
• Proven experience of 4 years in accounting and financial analysis, preferably in a shared service center or multinational organization.
• Proficient user of SAP or similar ERP system and MS Applications
• Ability and willingness to embrace change and deliver continuous process improvement
• Excellent analytical and problem-solving abilities with a keen attention to detail
• Effective communication skills, both verbal and written, with the ability to explain complex financial concepts to non-financial stakeholders
• Take initiative and operate with minimal supervision, emphasis on documentation and automation
• Ability to work in a fast-paced environment and handle multiple priorities
• Passion for solving complex problems and generating cross-functional solutions
• Ability and desire to develop digital solutions, with proven skills in the following areas
• Data awareness
• Visualization
• Communication
• Business partnering

Requisition ID : 317065

LI-Hybrid

It is our business imperative to remain a very inclusive workplace.

To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé.

The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role.

In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities.

Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home.