Smith+Nephew
Finance
ICProcessAssociate
Neural analysis suggests this role is
optimal for Mid candidates.
“IC Process Associate at Smith+Nephew. Skills: Intercompany accounting, Order-to-Cash (OTC), Accounts Receivable (AR), Month-end close. Manage end‑to‑end Intercompany Order‑to‑Cash (OTC) activities. Prepare and post journal entries”
What You'll Achieve.
ensuring compliance with Group Finance policies, SOX controls, and agreed service‑level agreements (SLAs); support continuous improvement initiatives; drive timely resolution with counterparties; ensure timely clearance; ensuring intercompany sub‑ledgers are closed accurately and within agreed SLAs]; submitting accurate and timely intercompany balances prior to book close; resolve issues and enhance process efficiency
Industry & Context.
analytical capability to perform deep‑dive analysis; identify root causes of process issues; problem‑solving skills with the ability to manage ambiguity and resolve operational challenges
Flexibility to support month‑end close schedules and work across different shifts as required, Should be flexible to work in any shift
What They're Looking For.
Must Have
Bachelor’s degree in Commerce / Accounting / Finance, 2–6 years of relevant experience in Intercompany Finance, Order‑to‑Cash (OTC), Accounts Receivable (AR), Hands‑on experience in Intercompany accounting, reconciliations, and month‑end close, Prior experience with month‑end reporting, control frameworks, and financial close processes, understanding of end‑to‑end Intercompany OTC, AR, GL postings, reconciliation processes, SOX controls, compliance requirements, and Group Finance policies, problem‑solving skills, Ability to work independently in a global, deadline‑driven environment while managing multiple priorities, Excellent English communication skills, both written and verbal, interpersonal skills, Flexibility to support month‑end close schedules and work across different shifts as required, Demonstrates initiative in process improvement, standardization, and automation initiatives, high attention to detail with a focus on accuracy, Exhibits a sense of ownership with proactive follow‑up on deliverables, Communicates effectively and collaborates well with cross‑functional teams, adopts a continuous improvement mindset with a customer‑focused approach, Should be flexible to work in any shift
Nice to Have
exposure to GRIR is a plus, Experience working in a GBS / Shared Services environment is preferred, Exposure to ERP systems such as SAP, AX, or equivalent experience with HFM or consolidation tools is an added advantage
What You'll Do.
Manage end‑to‑end Intercompany Order‑to‑Cash (OTC) activities
Prepare and post journal entries
Perform regular intercompany Accounts Receivable reconciliations
Prepare balance sheet reconciliations
Support month‑end close activities
Respond to routine and ad‑hoc queries
Ensure all transactions are processed and documented
Support HFM and consolidation reporting
Collaborate with cross‑functional teams
Maintain and update Standard Operating Procedures (SOPs)
Actively contribute to process improvement
How You'll Work.
Team & Collaboration
Collaborate with cross‑functional teams including RTR, AP, Tax, Treasury, and Regional Finance; Communicates effectively and collaborates well with cross‑functional teams
Communication Scope
Excellent English communication skills, both written and verbal
Full Job Description
## **IC Process Associate (Pune, India)** “Life Unlimited” At Smith+Nephew. We design and Manufacture technology that takes the limits off living. The position will play a key role in month‑end close and reporting activities, ensuring compliance with Group Finance policies, SOX controls, and agreed service‑level agreements (SLAs). The role requires strong analytical capability to perform deep‑dive analysis, identify root causes of process issues, and support continuous improvement initiatives, particularly in a complex, multi‑ERP environment. **What will you be doing?** * Manage end‑to‑end Intercompany Order‑to‑Cash (OTC) activities, including intercompany invoicing, debit/credit notes, and settlement of balances. * Prepare and post journal entries for intercompany charges, recharges, accruals, reclassifications, and adjustment entries as required. * Perform regular intercompany Accounts Receivable reconciliations, investigate variances, and drive timely resolution with counterparties. * Prepare balance sheet reconciliations, analyze aged intercompany receivables, and follow up with structured action plans to ensure timely clearance, supporting working papers and documentation for month‑end and reporting requirements. * Support month‑end close activities, ensuring intercompany sub‑ledgers are closed accurately and within agreed SLAs. * Respond to routine and ad‑hoc queries from management, auditors, and internal operational teams. * Ensure all transactions are processed and documented in compliance with Group Finance policies, MAPs, and SOX control requirements. * Support HFM and consolidation reporting by submitting accurate and timely intercompany balances prior to book close. * Collaborate with cross‑functional teams including RTR, AP, Tax, Treasury, and Regional Finance to resolve issues and enhance process efficiency. * Maintain and update Standard Operating Procedures (SOPs), knowledge repositories, and process documentation. * Actively contribute to process i
Applying for this IC Process Associate role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Workday
- Workday has a multi-step form — save your progress after every section.
- "Apply With LinkedIn" can fail or lose data; manual entry is more reliable.
- Watch for the "Submit for Review" final step — hitting "Save" alone does not submit.
- Job requisition numbers are useful when following up with HR by email.
ANONYMOUS · UNFILTERED
What do employees actually say about Smith+Nephew?
Real rants from real employees. Read before you apply.