Intercompany & Financial SpecialistRohde & Schwarz
Job Summary
- Manages and processes monthly cost-transfer transactions (service recharge) for personnel and services hosted in Romania on behalf of other entities within the Group.
- Calculates and issues intercompany invoices based on cost allocation mechanisms (cost-plus, time tracking, direct allocation).
- Performs monthly reconciliation of intercompany balances and transactions (Intercompany Reconciliation) with all partner entities within the Group and resolves discrepancies.
- Monitors and ensures compliance with existing Service Level Agreements (SLAs) and intercompany agreements.
- Ensures that intercompany transactions are aligned with the Rohde & Schwarz Group’s global Transfer Pricing policy and Romanian tax legislation.
- Prepares the financial data required for the local Transfer Pricing documentation and supports audits/inspections in this area.
- Monitors the applicable profitability margins (cost-plus margin) to ensure that all services provided comply with the arm’s length principle.
- Works closely with the Finance, HR, and Payroll teams in Romania to ensure the accurate collection of salary and operational costs.
- Maintains direct communication with the finance representatives of the beneficiary entities in Germany and other countries.
- Participates in projects aimed at optimizing and automating intercompany financial processes.
- Permanent Establishment (PE) Risk Management: Monitors the nature of activities performed by hosted roles in Romania to mitigate the risk of unintentionally creating a permanent establishment for foreign entities.
- Withholding Tax (WHT) Management: Verifies and manages tax residency certificates and the application of double tax treaties to intercompany service invoicing.
- Foreign Exchange (FX) Risk Management: Monitors and reconciles foreign exchange differences arising between the local payroll currency (RON), the cost recharge currency (EUR), and the timing of intercompany invoice settlements.
- Recharge Matrix Preparation: Maintains detailed documentation of the calculation methodology for each hosted role (Master File, including calculation rules, cost-plus percentages, and billing frequency) to ensure readiness for internal or external audits.
- Intellectual Property (IP) & Contractual Clauses: Verifies the existence and proper application of SLA provisions regarding the transfer of intellectual property rights for work performed by local employees for the benefit of the Group.
