Ford Motor Company

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Associate

Min Experience

2 years

Location

Chennai, Tamil Nadu, India

JobType

full-time

About the job

Info This job is sourced from a job board

About the role

  • 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.

     

Responsibilities

  • 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.

Qualifications

  • 1/2+ years of accounting experience with hands on exposure to Accounts Payable (considered 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

About the company

Ford manufactures, sells, and services vehicles and mobility solutions.

Skills

SAP
Blackline
CMMS
MS Office
Alteryx
Power Automate