What is in general the process, job description?
It could be assumed that Bank accounting clerks perform similar accounting activities as any other accountants. However there are some differences that make our job slightly different from the typical accounting position. This different feature might be given by the position of our department which is exactly between bank institutions on one side and vendors and customers of Henkel on the other one. Communication with departments on both sides is for us on daily basis. We ensure the proper execution of outgoing and incoming payments on European bank accounts through reconciling of sub-accounts which reflect transactions that went on accounts and affect the bank's statement. We cover the services that are linked to daily processing of electronic bank statements in SAP. Among our main duties belong monitoring and processing of General Ledger postings and investigating of cases with local teams or other departments. We are also responsible for Daily In-House bank closing activities. Through various transactions we can manage cash flow between Henkel affiliates companies at the corporate level. At the end of each month closing activities are being performed.
 
This could be your typical day
Mornings look busy in our department. We are responsible for import of bank statements for many European countries into SAP. Other departments are waiting for this import so one of our morning duties is to make sure that all the bank statements were correctly imported into SAP. In this case, our main task is to check whether the automatic import was correct, but there are some special banks for which we have to manually import the bank statements into SAP system. Consequently, when all the statements are in, we inform other departments and start to reconcile the sub-accounts. This means that we are checking the movements on accounts founded in different banks and currencies all over the Europe. Most of the accounts are set up for automatic clearings but there are still some transactions like bank fees, rejected payments or FX differences that have to be investigated and post processed manually. We also post transactions on In-House Clearing accounts, we reconcile these accounts and post rejected payments between affiliate companies. Every day we close the day for the business.
To cover all above mentioned activities requires active communication with other departments. We provide services for many countries so we are in a daily touch with people, to be able to investigate open issues on sub-accounts under our responsibility.
 
Why this work might be interested for you?
This position offers an exciting opportunity for motivated people interested in financial – accounting background. Whether you are a fresh graduate or with the years of experience, the most important is your motivation and passion for your work.
We are young and still growing team with a friendly team spirit insight. There is no place for routine work in our department. Every day, we rotate our duties to be still in a loop. Due to a fact that we provide services for many European countries, we are in a daily touch with people abroad so communication is the main part of our work.
If you like teamwork, you are communicative and open to new challenges this could be a great opportunity for you.