Poland HGSS Record To Report (RTR)

Record to Report (RTR)

Heineken Shared Service in Krakow, apart from Purchase to Pay (PtP) or Order to Cash (OtC), also deals with Record to Report processes for 26 Operating Companies in 25 languages. Record to Report is one of the most important processes aimed at effective management of the entire financial area in the organization. 

Record to report is a Finance and Accounting (F&A) management process, which involves collecting, processing and delivering relevant, timely and accurate information. It is used for providing financial, operational and strategic feedback to understand how the business is performing. 

Or in other words: the record-to-report business process involves a company's ability to record complete and comprehensive details of every transaction in the ERP system in order to eventually report in financial reporting. 

Process includes such sub-processes as: 

•Financial accounting

•Period end closing activities

•Tax and treasury process

Starting with accounting, which is the process of identifying, recording, and reporting financial information about a particular entity to interested parties. The main way of communicating this financial information is through financial statements, such as the balance sheet and income statement. 

Going next to Period End Closing activities, which entails creating specific postings in the accounting system indicating that a fiscal year or posting period has ended. The process may vary between different countries. 

Ending with Tax and Treasury process, which is about preparing calculations of direct (CIT) current and deferred taxes, indirect (VAT) taxes, excise duty, property taxes and other public liabilities. Treasury in Heineken is about providing the Group and its Operating Companies ongoing access to the capital at the lowest possible (net after tax) cost, to optimize OpCo and Corporate funding and interest cost, to manage exchange and interest rate risk, to ensure liquidity and to centralize available cash within the Group. 

Working for Record to Report will definitely develop your accounting skills a lot, as during closing of the period, where financial statements are being prepared, you will see the information from every possible direction – from PtP, OtC, Treasury, Business and many others. You will see the complete flow of transactions and information within the company and will prepare the information to our stakeholders (for some of the locations additional stock exchange reporting is to be prepared as well) upon it. Wondering about soft skills? Here you go: you will be in contact with many different departments, auditors and external parties. For sure, you will be able to develop your cooperation and negotiation skills a lot.

Indirect Tax Center of Expertise (CoE) is a part of the Record to Report (RtR) department within Heineken Global Shared Services (HGSS). The IT COE combines indirect taxes compliance and reporting with tax technologies know-how to deliver excellent support to business stakeholders.

Take a look at our Record To Report job opportunities below!

Watch jobs in this category

Search results for "". Page 1 of 1, Results 1 to 10 of 10
Title Department Location Date Sort descending
Reset
Regional RMG manager - North & Center
Regional RMG manager - North & Center Commerce Ho Chi Minh City, VN 13 Jun 2024
Commerce Ho Chi Minh City, VN 13 Jun 2024
Global Category Manager Energy
Global Category Manager Energy Procurement Amsterdam, NL 13 Jun 2024
Procurement Amsterdam, NL 13 Jun 2024
Manager - Direct Material Procurement
Manager - Direct Material Procurement Procurement Petaling Jaya (office), MY, 47400 13 Jun 2024
Procurement Petaling Jaya (office), MY, 47400 13 Jun 2024
Internship - Heineken Innovation & Beer Systems june 2024 Commerce Amsterdam, NL 13 Jun 2024
Business Analyst - Strategic Business Control
Business Analyst - Strategic Business Control Finance Cairo, EG, 11311 13 Jun 2024
Finance Cairo, EG, 11311 13 Jun 2024
Internship - Employee Listening & Engagement (DEI)
Internship - Employee Listening & Engagement (DEI) General Management Amsterdam, NL, 1017 ZD 13 Jun 2024
General Management Amsterdam, NL, 1017 ZD 13 Jun 2024
Internship - Diversity, Equity and Inclusion
Internship - Diversity, Equity and Inclusion General Management Amsterdam, NL, 1017 ZD 13 Jun 2024
General Management Amsterdam, NL, 1017 ZD 13 Jun 2024
Internship - Global Analytics Communication
Internship - Global Analytics Communication Digital & Technology Amsterdam, NL 13 Jun 2024
Digital & Technology Amsterdam, NL 13 Jun 2024
Internship - Packaging Procurement / Data Analytics
Internship - Packaging Procurement / Data Analytics Procurement Amsterdam, NL, 1118 BN 13 Jun 2024
Procurement Amsterdam, NL, 1118 BN 13 Jun 2024
Internship - Digital and Creative
Internship - Digital and Creative Commerce Amsterdam, NL 13 Jun 2024
Commerce Amsterdam, NL 13 Jun 2024