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 Sort ascending Location Date
Reset
Technology Specialist - Product Architect DDE
Technology Specialist - Product Architect DDE Digital & Technology Kraków, PL, 31-864 5 Mar 2024
Digital & Technology Kraków, PL, 31-864 5 Mar 2024
Production Assistant
Production Assistant Supply Chain Miami, Florida, US, 33131 5 Mar 2024
Supply Chain Miami, Florida, US, 33131 5 Mar 2024
Senior Finance Controlling Specialist
Senior Finance Controlling Specialist Finance Kraków, PL, 31-864 5 Mar 2024
Finance Kraków, PL, 31-864 5 Mar 2024
Sales Executive
Sales Executive Commerce Kota Kinabalu, MY, 88450 5 Mar 2024
Commerce Kota Kinabalu, MY, 88450 5 Mar 2024
Supply & Demand Manager - Africa
Supply & Demand Manager - Africa Commerce Cape Town, ZA, 7000 5 Mar 2024
Commerce Cape Town, ZA, 7000 5 Mar 2024
Collections & Disputes Specialist with Spanish
Collections & Disputes Specialist with Spanish Finance Kraków, PL, 31-864 5 Mar 2024
Finance Kraków, PL, 31-864 5 Mar 2024
Business Analyst in E-Business Team
Business Analyst in E-Business Team Digital & Technology Kraków, PL, 31-864 5 Mar 2024
Digital & Technology Kraków, PL, 31-864 5 Mar 2024
Manager - Commercial Safety & Fleet Management
Manager - Commercial Safety & Fleet Management Other Functions Petaling Jaya (brewery), MY, 46000 5 Mar 2024
Other Functions Petaling Jaya (brewery), MY, 46000 5 Mar 2024
Sales Executive
Sales Executive Commerce Johor Bahru, MY, 81100 5 Mar 2024
Commerce Johor Bahru, MY, 81100 5 Mar 2024
IT Executive
IT Executive Digital & Technology Seoul, KR, 6176 5 Mar 2024
Digital & Technology Seoul, KR, 6176 5 Mar 2024