Intercompany (IC) Position Duties

1. Reconcile monthly IC/GIS activity against Oracle Local GL and Consolidated GL monthly activity to make sure they all match each other in USD. Contact appropriate personnel about variances that need to be corrected by Preliminary close each month.
2. Review and compare IC sub-ledgers in Excel to Unsettled Reports in GIS for accuracy and matching each other.
3. Help prepare IC invoices & backup (creating & printing relating to netting IC AR & IC AP and clearing old IC balances (acct. 120004).
4. Help from time to time to enter IC invoices into GIS in time crunch.
5. Prepare IC JE entries each month and review & post IC JE entries in Oracle GL.
6. Run queries on IC/GIS account activity.
7. For local audits confirm that year end IC balances kept locally agree or disagree with balances (IC sub-ledgers) kept by Corporate IC/GIS dept.
8. Oversee that the yearly revaluation of IC balance sheet account balances is done only on companies where it is allowed by local statutory laws & entity does not do monthly revaluations of IC accounts already.
9. Respond to inquiries from various personnel across the world about what makes up IC balances (detail), issues with accessing Oracle GIS, need training manuals & examples for entering IC invoices into Oracle GIS, needing copies of entered IC invoices & support backup, and IC invoice templates for various IC transactions types in a timely manner.
10. Reconcile Oracle Local to Statutory Local for IC balance sheet accounts by obtaining detail data from field offices to be able to compare IC invoice by IC invoice between Oracle Local/GIS and Statutory Local. Document which IC invoices are causing the problem and note why the IC invoice(s) were not allowed in Statutory Local books. (Preferably before an entity is converted to Oracle as the main accounting system for them).

Qualifications:
• Bachelor degree in Accounting, CPA preferred but not required
• 3-5 years of experience
The person should be knowledgeable of US GAAP and advanced Excel skills would be preferred. The person should have a working knowledge of Oracle 11i (IC, GL, AR, & AP), ADI (Oracle), and Discoverer (Oracle) software, although not essential. Knowledge of Monarch software would be beneficial but not required.