The purpose of this role is to establish, operate, and maintain the financial accounting processes for intercompany transactions and foreign exchange revaluation for the Group. This role is accountable for delivering accurate, reliable, and timely books of account for the Group with respect to the items within the remit of the role. You will also be supporting the work of the Accountant Financial Reporting with respect to the production of financial statements and month-end reporting.
Accurately and promptly manage accounting for intercompany transactions each month. Record relevant journals in the appropriate entities within the Group. Reconcile the intercompany matrix, resolve any discrepancies during the month-end close. Calculate and prepare intercompany elimination journals for consolidation, ensuring accurate intercompany positions at all consolidation levels.
Coordinate the upload and maintenance of foreign currency exchange rates in Oracle. Ensure the accuracy of unrealised FX gains and losses generated via Oracle auto-revaluation. Validate journal entry accuracy and promptly post them to avoid month-end close delays.
The role includes preparing regulatory reports for collaborators such as CAA/ABTA/ATOL/ONS etc.
Maintain up-to-date reconciliations, communicate with the department, control and document system/accounting process changes, and perform accurate accounting with minimal adjustments.