BNY Mellon Careers
Sr Specialist, Intercompany Flow Accounting
The Senior Specialist, Intercompany Flow Accounting, will report to the Dutch or Belgian Country Controller with a functional reporting line to the Head of Tax of BNYM SA/NV and is required to understand the business and related intercompany accounting flows of the entity, maintaining the control environment (including reconciliations) and providing high quality reporting to the stakeholders.
S/he is responsible for providing in depth intercompany flow expertise (both local and consolidated) to ensure the general ledger account balances and trial balances for the SANV are complete, accurate and reflect the correct application of the relevant accounting.
The main responsibilities will be:
- Maintain detailed overview of intercompany flows for the European Bank (fees and interests
- For each flow:
- Document, maintain and challenge applicable transfer price arrangement
- Maintain details of underlying invoices, prepare outgoing intercompany charges and review/approve the incoming intercompany invoice
- Perform detailed analytical reviews to track unexpected evolutions
Reconcile invoices with underlying details and SLD monthly for finance and on ad hoc basis for other departments
prepare and maintain solid internal control framework on I/C
Capture changes in operating model to ensure appropriate translation to intercompany billing process
Work together with outsourcing team to review SLD’s translation into I/C billing
Identify weaknesses, track them and remediate them on a project mode
Produce / update the BEPS local file
Present regularly to team meetings, Exco and occasionally to Audit Committee and tax authorities
Provide forecasted and 3-year-budget information on the Icy (Intercompany) charges to be included in the BP.
At least 5 years of experience in the financial sector; good understanding and knowledge of the BNY Mellon services and products
Experience in managing intercompany recharges in big multinationals or in one of the big 4 auditing companies is considered a plus
Excellent IT skills including intermediate to advanced MS Excel
Job specific competencies :
Change Management skills
Excellent interpersonal and communication skills
Fluent in English and one of the 3 official Belgian languages
Excellent time management and organisation skills, as well as the ability to deliver against tight timelines
Excellent analytical skills and eye for detailµ
Ability to build effective working relationships with the business managers
BNY Mellon is an Equal Employment Opportunity Employer.
Primary Location: Belgium-Brussels-Capital Region-Brussels
Internal Jobcode: 85085
Requisition Number: 1907294