At Lummus Technology, innovation thrives, and excellence is a shared pursuit. When you join Lummus, you are empowered to make an impact and be part of a dynamic team that celebrates creativity, encourages professional development, and fosters collaboration.
From our technology portfolio to our global workforce, Lummus is growing at a rapid pace, and we hope that you will grow with us during this exciting time.
Lead day-to-day coordination of global intercompany reconciliation, clearing and settlement across a network of more than 90 intercompany relationships. Partner with Project Finance, Treasury and entity accounting teams to resolve balances and support approved cash-repatriation activities. Intercompany resolution is the primary responsibility, supplemented by defined intercompany consolidation support under Manager's direction.
Key responsibilities
Intercompany reconciliation and resolution
- Maintain a global register of intercompany relationships, currencies, balance types, accountable contacts, ageing and unresolved differences.
- Reconcile and confirm reciprocal balances and transactions.
- Investigate mismatches and coordinate corrections with entity accounting, regional finance and shared-service teams.
- Track aged and disputed items, agree resolution owners and deadlines, and escalate unresolved blockers to Shelby.
- Coordinate the intercompany calendar and regular exception and settlement reviews.
Project Finance, settlement and cash-repatriation support
- Work with Project Finance to validate project-related billings, recharges and supporting documentation.
- Resolve disputed project balances and identify project cash commitments affecting settlement timing.
- Prepare proposed clearing, netting and settlement schedules for Treasury review.
- Track approved settlements through completion and reconcile the resulting entries on both sides.
- Support Treasury’s approved cash-repatriation plans by gathering accounting evidence and coordinating documentation and approvals with Tax, Legal and local finance.
- Report actual cash movements separately from noncash clearing and consolidation eliminations.
Consolidation, reporting and controls
- Support monthly, quarterly and annual consolidation through intercompany submission checks, elimination schedules, rollforwards and assigned intercompany consolidation entries.
- Prepare supporting documentation for Shelby’s review.
- Analyze elimination variances and explain period-over-period intercompany movements.
- Supply intercompany schedules and analysis to Corporate Accounting & GL Governance for consolidated reporting.
- Maintain control documentation, audit evidence and exception logs.
- Recommend improvements that reduce recurring differences and improve settlement execution.
Accountability boundaries
- The specialist prepares, reconciles and coordinates. The role does not independently approve its own entries or release payments.
- Shelby retains consolidation oversight and review of significant judgments and exceptions.
- Corporate Accounting & GL Governance coordinates the broader consolidation package.
- Project Finance validates project balances and project cash requirements.
- Entity accounting teams retain responsibility for their source records and corrections.
- Treasury owns liquidity decisions, settlement scheduling and authorized payment execution.
- Tax and Legal determine applicable requirements and approve repatriation structures through company approval processes.
- Consolidation assignments should remain focused on intercompany deliverables, so they do not displace settlement and cash-repatriation responsibilities.
Qualifications and experience
- Bachelor’s degree in Accounting or Finance, an accounting qualification, or equivalent relevant experience, subject to HR confirmation.
- Demonstrated experience with complex multinational intercompany accounting across multiple currencies and entity relationships.
- Direct experience partnering with Project Finance and Treasury to resolve balances and complete settlements.
- Practical experience supporting cross-border cash repatriation, including documentation and approval coordination.
- Strong reconciliation, intercompany elimination, consolidation-close and foreign-currency accounting skills.
- Ability to drive resolution across teams without direct reporting authority.
- Excel proficiency, including pivot tables and lookups, and experience with JD Edwards, OneStream or comparable systems.
- Strong analytical and communication skills, attention to detail and dependable delivery during close cycles. Public-company or audit exposure is a plus.
Measures of success
- Timely reconciliation and confirmation of in-scope relationships.
- Reduction in aged unmatched and disputed balances.
- Completion of approved settlements and cash-repatriation actions.
- Timely elimination entries and intercompany reporting with complete review evidence.
- Clear action ownership and escalation of unresolved items. Set numerical targets after assessing balances, ageing, restrictions and backlog.
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.
Lummus Technology is an Equal Opportunity Employer. We value diversity and are committed to providing equal employment opportunities to all qualified applicants without regard to any protected characteristic under applicable law. Applicant information will be processed in accordance with applicable privacy and data protection laws.
