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