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!

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Technology Specialist - OutSystems Lead
Technology Specialist - OutSystems Lead Digital & Technology Kraków, PL, 31-864 19 Jul 2024
Digital & Technology Kraków, PL, 31-864 19 Jul 2024
Channel Development Manager - Modern On
Channel Development Manager - Modern On Commerce Jakarta, ID, 12430 19 Jul 2024
Commerce Jakarta, ID, 12430 19 Jul 2024
Sales Executive
Sales Executive Commerce Alor Setar, MY, 5000 19 Jul 2024
Commerce Alor Setar, MY, 5000 19 Jul 2024
Accounting & Reporting Manager
Accounting & Reporting Manager Finance Kraków, PL, 31-864 19 Jul 2024
Finance Kraków, PL, 31-864 19 Jul 2024
Assistant chargé de communication (H/F)
Assistant chargé de communication (H/F) Corporate Affairs Saint-Denis, RE, 97400 19 Jul 2024
Corporate Affairs Saint-Denis, RE, 97400 19 Jul 2024
RMG Coordinator On Trade
RMG Coordinator On Trade Finance Sesto San Giovanni, IT, 20099 19 Jul 2024
Finance Sesto San Giovanni, IT, 20099 19 Jul 2024
GL Analyst
GL Analyst Finance Kraków, PL, 31-864 19 Jul 2024
Finance Kraków, PL, 31-864 19 Jul 2024
Senior Financial Accounting & Tax Specialist
Senior Financial Accounting & Tax Specialist Finance Kraków, PL, 31-864 19 Jul 2024
Finance Kraków, PL, 31-864 19 Jul 2024
Internship - Digital Innovation
Internship - Digital Innovation Digital & Technology Amsterdam, NL 19 Jul 2024
Digital & Technology Amsterdam, NL 19 Jul 2024
GL Analyst
GL Analyst Finance Kraków, PL, 31-864 19 Jul 2024
Finance Kraków, PL, 31-864 19 Jul 2024