Senior Specialist Netting

Service Performance and Issue Resolution

• Execute end-to-end netting, settlement, treasury accounting, and reconciliation activities, including exception management and issue resolution, in accordance with defined procedures, controls, and accounting standards.
• Act as the escalation SME for complex netting exceptions and intercompany settlement disputes; perform root-cause analysis and implement corrective actions.
• Maintain and review issue and exception logs, identify recurring process issues and trends, and drive sustainable resolution to prevent recurrence.
• Prepare operational status updates and exception reports to support month-end activities and ad hoc stakeholder reviews.

Implementation of Changes and Improvements

• Lead and contribute as SME to process improvement initiatives, automation pilots and tool enhancements for netting and treasury accounting.
• Support design, testing and deployment of system upgrades (e.g., SAP FI, Coupa Treasury) and associated work instructions.
• Document and update standard operating procedures and control matrices to reflect process changes and lessons learned.
• Propose pragmatic changes to reduce manual effort, improve accuracy and shorten cycle times; support business case and benefit tracking.
• Coach peers on new processes and tool usage to ensure consistent adoption and minimal disruption.
• Prepares and deploys related training to ensure fast and smooth onboarding of new participants, together with other OS&S process teams and/or local finance teams, where appropriate

Process Execution and Control Management

• Ensure accuracy of treasury accounting entries related to netting and intercompany settlements in accordance with IFRS/GAAP and company policies.
• Perform reconciliations between netting outputs, general ledger balances and bank statements; investigate and resolve variances.
• Validate master data used for netting and intercompany postings, escalating discrepancies and driving corrective updates.
• Ensure timely submission and settlement of netting runs, and the resolution of open items and aged exceptions through effective coordination with Accounting, Treasury, and Shared Services partners
• Maintain and test key controls around netting cycles, settlement flows and accounting postings to support compliance and audits.

Stakeholder Management and Communication

• Coordinate with Treasury, Intercompany Accounting, Shared Services and Financial Controllers to resolve complex issues and align on reconciliations.
• Serve as primary SME contact for internal stakeholders on netting rules, settlement timing and accounting treatment.
• Work with IT and system support teams to triage system incidents and to prioritize fixes impacting netting operations.
• Provide clear, timely communication to stakeholders on status of escalations, corrective actions and process changes.
• Support external audit requests and ad-hoc queries related to netting and intercompany settlements.

Education

• University degree in Finance, Accounting, Business Administration, Economics, or related field

Experience

• 3-5 years of experience in treasury operations, netting, intercompany settlements, or related financial operations
• Experience working with treasury and accounting systems (e.g., SAP FI, Coupa Treasury, netting tools) and performing reconciliations
• Experience performing root-cause analysis and supporting system/process improvement initiatives

Knowledge And Skills

• Strong expertise in netting processes, intercompany settlements and treasury accounting principles
• Solid understanding of accounting standards relevant to treasury transactions (IFRS/GAAP)
• Strong expertise with SAP FI and treasury-related modules or comparable treasury systems
• Solid understanding of internal controls and compliance requirements for treasury and accounting activities
• Excellent communication skills and ability to act as an SME with stakeholders
• Analytical mindset with strong problem-solving and process-orientation skills

Other Requirements

• Very good command of English, both oral and written
• Additional language(s) beneficial depending on team location and scope
• High level of confidentiality when handling sensitive treasury and financial information

POSITION SCOPE Reporting Line(s) Solid line(s) to: Netting and Treasury Accounting Manager

Working Relationships Internal Contacts Netting and Treasury Accounting Manager

Process management within Book-2-Close

Group Treasury

Group Legal

OS&S Engage

OS&S Transform

Internal Auditors

External Contacts Service providers or external business partners as required for daily operations

External auditors

Banks