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Manager, Reporting & Financial Control, Intercompany

Employer
London Stock Exchange Group
Location
Colombo, Sri Lanka
Salary
Competitive
Closing date
Aug 6, 2024

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
ROLE PROFILE:

This is a strategic role which provides comprehensive reporting and monitoring of intercompany relationships across the LSEG group and provides guidance, structure and accounting treatment covering intercompany transactions. The role reports to the Senior Manager Transfer Pricing and sits within the Group Financial Reporting team, located in the company's headquarters based in London. The role is currently supported by the Centre of Excellence function located in India and Sri Lanka.

ROLE SUMMARY:

LSEG has a complex organisational structure with over 200 separate legal entities that operate across 5 customer facing divisions and several enabling functions. As a result of the acquisition of Refinitiv in 2021 the organisation now operates across 2 separate ERP systems. This means that there is an increased probability of intercompany breaks being reported each month which can be difficult to identify and resolve.

This role manages the intercompany numbers reported in the financial statements, identifying Intercompany breaks in both the P&L and Balance Sheet, and driving resolution of them to contribute to a successful month end close. The role is also responsible for identifying gaps within the accounting processes that affect the intercompany area and then designing and implementing solutions to close them.

This role will involve interaction with both finance and non-finance stakeholders.

WHAT YOU'LL BE DOING:
  • Monitoring intercompany breaks and driving resolution to ensure these are resolved for Group reporting purposes during the month end close process.
  • Reporting of significant Intercompany breaks to management monthly and providing progress reports towards resolution.
  • Quarterly review and approval of Intercompany balance sheet reconciliations.
  • Working closely with the business and the Project Accounting team to understand any breaks, perform root cause analysis and help to implement solutions.
  • Ownership of the intercompany policy and procedures, driving continued improvement in the process and control.
  • Critical role in helping to design future state of intercompany process.
WHAT YOU'LL BRING:
  • Degree (or equivalent) and qualified accountant (ACA or equivalent).
  • 5-8 years plus PQE.
  • Good knowledge of financial reporting standards.
  • Proactive approach that demonstrates initiative and will take responsibility for driving solutions.
  • Ability to build strong working relationships with global colleagues.
  • Effective oral and written communication that resonates with the target audience.
  • Ability to utilise all available resources and toolsets to investigate and resolve problems and ensures the most appropriate solution is identified.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership , Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject .

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

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