
The best-run businesses run SAP.
Allocation Intercompany COE at SAP
About the role
We help the world run better
At SAP, we keep it simple: you bring your best to us, and we'll bring out the best in you. We're builders touching over 20 industries and 80% of global commerce, and we need your unique talents to help shape what's next. The work is challenging – but it matters. You'll find a place where you can be yourself, prioritize your wellbeing, and truly belong. What's in it for you? Constant learning, skill growth, great benefits, and a team that wants you to grow and succeed.
The Global Finance Success (GFS) organization is one of the main pillars of Global Finance at SAP. It allows SAP to maximize the efficiency and effectiveness as well as the quality of the finance processes while delivering global end-to-end process standards.
Within GFS, the General Accounting Services is centered around four main accounting clusters: Revenue, Expense, Cash & Bank and Allocations. GA oversees the financial accounting process of collecting, processing, and presenting accurate financial data, which complies with accounting standards and guidelines.
Allocations Accounting team manages the intercompany accounting and internal revenue & cost allocation processes for the SAP group. The team focuses on several key topics such as:
- Management allocations:
CO Allocation cycles, CO reposting engine approval process, Governance of the allocation cost centers (A&B CC) e.g. Purchase order approval and Operational Support for Controlling
- Intercompany (ICO):
ensure tax and accounting compliant ICO FI entries, manual ICO charges (e.g. Acquisitions), ICO Analysis and Audit support.
- ICO Royalties:
ICO Cost Allocation of 3rd Party Royalty Expenses, ICO Legal License Fee Calculation, Audits & Reporting.
ROLE OVERVIEW:
The Allocation Accountant within the COE team will report directly to the GFS GA Finance Manager. This role involves handling Intercompany Accounting activities and is responsible for ensuring that transactions are recorded promptly, accurately, and in accordance with SAP accounting standards. This position will be based in Manila, Philippines.
The Allocations Accounting team members proactively and collectively perform the tasks and processes on either global level or for dedicated SAP subsidiaries. Interaction and collaboration within GFS process delivery teams (in GA, P2P, O2I) as well as with Local Chief Accountant (LCAs), Local Tax Managers (LTMs) and other organizations is daily business. As part of GFS, we ensure top-quality services for all internal customers.
RESPONSIBILITIES / TASKS / EXPECTATIONS:
- Act as CoE for APJ region, supporting all intercompany transactions involving SAP APJ entities
- Monitor and manage intercompany requests, updating relevant parties on status.
- First level support for queries related to the intercompany topic for all organizational counterparts (e.g. LCAs and LTMs)
- Support month-end closing activities.
- Support on audits
- Participate in the process of alignment and standardization across countries and regions.
- Play an active role in the roll out of new tools, processes and support projects
- Provide first class service and build good business relations with key stakeholders
SKILLS and COMPETENCIES:
- At least two years of relevant experience in accounting roles
- Fluent in English, both written and verbal.
- Possesses strong interpersonal skills.
- Capable of identifying problems and proposing solutions.
- Effective team members in both virtual and non-virtual teams.
- Keen to work in an international environment.
- Values diversity and inclusion
- Proficient in SAP system and MS Excel
Bring out your best
SAP innovations help more than four hundred thousand customers worldwide work together more efficiently and use business insight more effectively. Originally known for leadership in enterprise resource planning (ERP) software, SAP has evolved to become a market leader in end-to-end business application software and related services for database, analytics, intelligent technologies, and experience management. As a cloud company with two hundred million users and more than one hundred thousand employees worldwide, we are purpose-driven and future-focused, with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries, people, or platforms, we help ensure every challenge gets the solution it deserves. At SAP, you can bring out your best.
We win with inclusion
SAP’s culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone – regardless of background – feels included and can run at their best. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better world.
SAP is committed to the values of Equal Employment Opportunity and provides accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an e-mail with your request to Recruiting Operations Team: Careers@sap.com.
For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program, according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.
Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability, in compliance with applicable federal, state, and local legal requirements.
Successful candidates might be required to undergo a background verification with an external vendor.
AI Usage in the Recruitment Process
For information on the responsible use of AI in our recruitment process, please refer to our Guidelines for Ethical Usage of AI in the Recruiting Process.
Please note that any violation of these guidelines may result in disqualification from the hiring process.
Requisition ID: 452490 | Work Area: Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #
Required skills
financial accounting
intercompany accounting
cost allocation
process governance
controlling
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About SAP

SAP
PublicThe best-run businesses run SAP.
10,001+
Employees
Walldorf
Headquarters
$157B
Valuation
Reviews
10 reviews
3.8
10 reviews
Work-life balance
3.2
Compensation
3.5
Culture
4.1
Career
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Management
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65%
Recommend to a friend
Pros
Flexible hours and remote work options
Supportive management and team collaboration
Good benefits and training programs
Cons
Work-life balance challenges and overwhelming workload
Fast-paced environment with unrealistic deadlines
Limited career advancement opportunities
Salary Ranges
2 data points
Junior/L3
Junior/L3 · Financial Analyst
1 reports
-
total per year
Base
-
Stock
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Bonus
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Interview experience
5 interviews
Difficulty
4.0
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Duration
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Experience
Positive 0%
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Negative 60%
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1
Application Review
2
HR/Recruiter Screen
3
Phone/Technical Screen
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Hiring Manager Interview
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Onsite/Panel Interview
6
Technical Assessment
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Technical Knowledge
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