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Intercompany accountant

Aberdeen
Accountant
Posted: 26 April
Offer description

Role Summary The Intercompany Accountant is responsible for the accurate recording, reconciliation and oversight of all intercompany transactions and balances across Borr Drilling Group’s legal entities. The role ensures that intercompany transactions are properly documented, reconciled and settled in accordance with Company policies, transfer pricing principles and applicable accounting standards. Working closely with the Senior Financial Controller, Regional Finance teams, Treasury and Tax, the role plays a key part in supporting the global month-end close process, maintaining transparency over intragroup balances, and developing efficient processes and controls for intercompany accounting and settlement. Responsibilities Maintain an overview of all intercompany transactions and balances across the Borr Drilling group of companies, ensuring intercompany transactions are recorded in accordance with Company accounting policies and applicable accounting standards. Prepare and reconcile intercompany balances across all legal entities as part of the monthly close process and investigate and resolve discrepancies with regional finance teams. Support the preparation and review of balance sheet reconciliations relating to intercompany balances. Manage the lifecycle of intercompany loans, including documentation, tracking principal and interest calculations, settlements, and maintaining accurate loan registers. Coordinate with Treasury and Tax teams to ensure intercompany loans and transactions comply with transfer pricing requirements and internal funding strategies. Coordinate with regional finance teams to ensure intercompany charges and billings are issued accurately and in a timely manner. Ensure intercompany transactions are supported by appropriate agreements and documentation. Support the implementation and execution of the intercompany netting process across Borr Drilling’s group of companies, under the oversight of the Senior Financial Controller. Assist in the development and implementation of best-practice policies, procedures and internal controls relating to intercompany accounting. Working with Tax and FP&A to incorporate intercompany budgets and forecasting by legal entity. Identify opportunities to improve efficiency through automation and system enhancements, including the use of ERP functionality and supporting tools such Power BI and Blackline. Support initiatives to standardise intercompany processes across all Borr Drilling companies. Provide support during internal and external audits relating to intercompany transactions and balances. Maintain accurate files and documentation in accordance with Company policy and internal control requirements. Support the Senior Financial Controller and Corporate Accounting team with ad-hoc analysis and projects relating to intercompany activities. Understand Borr’s vision and apply the Company values in all business activities. Qualifications and Experience Bachelor’s degree in Accounting, Finance or related discipline. Professional accounting qualification (ACCA, CIMA, CPA or equivalent) preferred. Experience in intercompany accounting, treasury, or financial accounting within a global organisation. Understanding of intercompany transactions, transfer pricing considerations and group accounting principles. Strong understanding of accounting concepts, systems, and best practices related to the intercompany/treasury process. Strong Microsoft Excel working knowledge and ERP experience preferred. Experience working with Power BI or other business intelligence tools preferred. Ability to work independently and collaboratively in a cross-functional environment. Exceptional verbal and written English communications skills.

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