Sr Specialist, Intercompany Flow Accounting Sr Specialist, Intercompany Flow Accounting …

BNY Mellon
in Brussels, Bruxelles-Capitale, Belgium
Permanent, Full time
Last application, 06 Aug 19
BNY Mellon
in Brussels, Bruxelles-Capitale, Belgium
Permanent, Full time
Last application, 06 Aug 19
Sr Specialist, Intercompany Flow Accounting

The Senior Specialist, Intercompany Flow Accounting, will report to theDutch or Belgian Country Controller with a functional reporting line to the Headof Tax of BNYM SA/NV and is required to understand the business and related intercompanyaccounting flows of the entity, maintaining the control environment (includingreconciliations) and providing high quality reporting to the stakeholders.

S/he is responsible for providing in depth intercompanyflow expertise (both local and consolidated) to ensure the general ledgeraccount balances and trial balances for the SANV are complete, accurate andreflect the correct application of the relevant accounting.

The main responsibilities will be:

  • Maintaindetailed overview of intercompany flows for the European Bank (fees andinterests

  • Foreach flow:

    • Document,maintain and challenge applicable transfer price arrangement
    • Maintaindetails of underlying invoices, prepare outgoing intercompany charges andreview/approve the incoming intercompany invoice
    • Performdetailed analytical reviews to track unexpected evolutions

    • Reconcileinvoices with underlying details and SLD monthly for finance and on ad hocbasis for other departments

    • prepareand maintain solid internal control framework on I/C

  • Capturechanges in operating model to ensure appropriate translation to intercompanybilling process

  • Worktogether with outsourcing team to review SLD's translation into I/C billing

  • Identifyweaknesses, track them and remediate them on a project mode

  • Produce/ update the BEPS local file

  • Presentregularly to team meetings, Exco and occasionally to Audit Committee and taxauthorities

  • Provideforecasted and 3-year-budget information on the Icy (Intercompany) charges tobe included in the BP.


  • University Degree

  • At least 5 years ofexperience in the financial sector; good understanding and knowledge of the BNYMellon services and products

  • Experience in managingintercompany recharges in big multinationals or in one of the big 4 auditingcompanies is considered a plus

  • Excellent IT skillsincluding 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 theability 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
Job: Finance/Accounting
Internal Jobcode: 85085
Organization: Finance-HR06599
Requisition Number: 1907294